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Stereotaxis Inc. Message Board

  • main_munch main_munch Mar 26, 2013 11:37 AM Flag

    Financing Options/ Delisting

    What is the prevailing sentiment on this board regarding the likely method STXS will choose to regain compliance with the $50m minimum asset requirement to avoid delisting?

    After reviewing, briefly, the SEC filings over the past year or so, I cannot believe that offering shares will be the most preferable route for either the investors or the company. Given the problems early in 2012 keeping the share price above $1, and the subsequent problem of getting the value of outstanding common stock above $15m, another option seems preferable, such as securing private debt or finding a partner in Japan. Or, although this wouldn't be too exciting for the long-term investors, a buyout by a company that can implement the Niobe system in Japan would seem to be a decent option as well.

    Sentiment: Buy

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