Raising $617k - $200k ~ $417k, I wonder where this leaves VRX regarding cash runway ?
At the end of last quarter, they reported
8.6 Total available funding (item 8.4 + item 8.5) 1,210 (,000)
8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 1.29
So the raised cash gives them an additional ~10 days of runway. That gives them another ~ 2 months from now.
All IMHO, DYOR
Ann: Results of Entitlement Offer, page-21
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
