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Celsion Corp. Message Board

  • dinepat203 dinepat203 Mar 7, 2013 6:03 PM Flag

    Institutional Deal reduce Float to 20Million from 35Million O/S SHARES

    Private Institution has agreed to Buy 15Million ( Not to be excersiced) from Mkt @ Mkt price and get additional 12Million (Free) @.$001 Also get additional 6Million excercisable.
    That reduces the Float from 35Million to 20 Million. as 15Million would be blocked. Ofcourse 6 Million additional is added in the float

    OVERALL ITS GOOD DEAL AS INVESTOR GOT TO ACQUIRE THE 15Million from Mkt @ Mkt price.

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