announcement out - capital raising, page-38

I am keeping my fingers crossed and hoping that the end result will be something along the line of this guess:

Perhaps a deal has been struck with a major pharma, and that one of the conditions of that deal is that TIS is required to raise a specific amount of funds (given that it's existing cap may be deemed as inadequate)in order to maintain business continuity until the full project and deal comes to fruition and finalization.

This is just my thought, my guess and my hope.
Please do your own research.