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Galena Biopharma, Inc. Message Board

  • dariodbest dariodbest Sep 12, 2013 8:12 PM Flag

    HERE IT IS AT $2.26 ALMOST 10MILLION SHARES

    As of September 3, 2013, we had reserved for issuance 9,971,095 shares of our common stock issuable upon the exercise of outstanding stock options at a weighted-average exercise price of $2.26 per share. Subject to applicable vesting requirements, upon exercise of these options the underlying shares may be resold into the public market. In the case of outstanding options that have exercise prices that are below the market price of our common stock from time to time, our stockholders would experience dilution upon the exercise of these options.

    Sentiment: Strong Buy

 
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