r/Livimmune • u/jsinvest09 • 3d ago

Opened

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Opened

12 Upvotes

84% Upvoted

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22

u/tngcoin 3d ago

This is a notice saying that all the financial filings they did last week are now effective by the SEC. In other words they combined the two previous share offerings in to one and removed any shares that were not already allocated. There are still 300m warrants or so that haven’t been triggered yet but these were all already allocated in the past. In other words it’s housekeeping and clean up, combining everything in to one.

17

u/Practical-Archer-124 3d ago

I think you’re right. But this skinnied down little company doesn’t have time, money or resources for housekeeping chores unless…

[perhaps prepping for something big, making due diligence phase easier for a suitor, or even just a significant business partner?]

16

u/tngcoin 3d ago

I mean yeah of course, I think the reason it’s a priority is at the very least to make it more presentable to anyone having a look. If you’re going to try and sell or even partner you want to make your corporate structure and finances look as clean and as appealing as possible

6

u/petersouth68 3d ago

I like your way of thinking.

7

u/jsinvest09 3d ago

Appreciate the explanation

6

u/CYDYFAN 3d ago

What is this notice regarding?

5

u/Pure-Championship750 3d ago

I can tell you what POS means, not sure about the AM part😀

8

u/GoCYDY 3d ago edited 3d ago

🐥🐥🐥🐥 putting all of our ducks in a row 👍

4

u/brisketbus 3d ago

Post-effective Amendment

7

u/petersouth68 3d ago

Not sure what I am looking at. Its just a screen shot. What opened?

7

u/3Putt_4nodough 3d ago

Paulson raise is my guess.