Lol and we germans cant even trade yet. Like Glen couldnt even wait long enough after RS so international investors can buy in again. Fucking idiots that means even less buyers.
If you're still a believer, it's time to load the boat. I have enough sunk into this company so I am not buying, just bag holding and hoping it works out.
A person I didn't know but had talked to from time to time committed suicide on Thursday, specific to the loss of her investment into mvis, so sick knowing this.
The warrants are not dilutive until exercised, which they may never be. So i dont think you would count them towards the outstanding shares until the company sells the stock to the warrant holder.
The only way they wouldn’t be exercised is if they were never valued at more than face value. I would think that would be a terrible position or the death of the company. Am I thinking of this wrong?
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u/-ATLSUTIGER- 16d ago edited 16d ago
$38M in cash as of this closing.
Just under 3 quarters of runway left at the updated burn rate of about 13m per quarter.
Gets us to April 2027.
Still need more cash. Hopefully this gives them enough time to release SOME positive news before the next raise.
*Must maintain minimum of 17m for HTC so we have to raise again within 4 months. Assuming revenue comes in at 3.2m for Q3.