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TOPIC: Friday night $100 million shelf filing

Friday night $100 million shelf filing 08 Apr 2018 21:03 #11644

  • myownhedgefund
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Cytori preparing for massive dilution !!!!!
So was away for a few days....as usual the bad news comes out on Fridays but $100 million is quite bold.
Will they truely do something bold or do they know they just will need that much ?
1:15 R/S seems the key imho !!!

www.streetinsider.com/SEC+Filings/Form+S-3A+CYTORI+THERAPEUTICS%2C/14032616.html

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Friday night $100 million shelf filing 09 Apr 2018 08:46 #11645

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myownhedgefund wrote: Cytori preparing for massive dilution !!!!!


We do not know that yet....but yes it seems the last shelf registration ( I believe from 2015 and was 50 Mio) has been used up and a new one was required.:whistle:

Small listed Nasdaq outfits may only raise half of their market cap in any one year, to my knowledge- which is less than 10 Mio for Cytori.

That cannot raise the money required for business and Oxford. So- the dudes at Callan Road need to become creative...:grin:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Friday night $100 million shelf filing 09 Apr 2018 09:00 #11646

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bold, creative...many words I guess...LOL
I am curious if we something more debt specific and then they will also be ready for 2019 with I suspect shares for a Azaya partner and a more traditional raise as well.
Still, a 50% haircut for 2018 will not be pretty.
I do agree, we don't know final details yet and there are other scenarios possible, some of which have been discussed here.
Buying time

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Friday night $100 million shelf filing 09 Apr 2018 09:16 #11647

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Did HF really say "buying time"?

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Friday night $100 million shelf filing 09 Apr 2018 11:05 #11649

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LOL...good catch RS
Not the way you may think
Management is buying time....because as I have previously stated...I believe no one in their right mind will make a deal for the Azaya products before the EU accepts Cytori's filing and perhaps not until approval. They need to find a way to buy time to fund the company and address the debt. The problem with the debt is Cytori has little to nothing to offer in a ...what would it be a 4th renegotiation ?
Anyway....someone still supporting the PPS it seems on light volume so far.

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