Thank you for that summary. I don't agree with this point though:
"Remember this investor wants to make a 2x,3x,4x,5x on their money".
This is a strategic investor and I expect their interest is more in the therapies that MSB has for chronic lower back pain (CLBP) and potentially other therapies. Yes, they will want to make money and definitely won't want to lose money, but their interest is beyond financial. imo
The stock was placed at $2.30 so I do agree, like all capital raisings, the placement price tends to be a good entry point.
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