Company still has over $60 million in cash. Why the rush to pull out $40 million now? Because surely the interest paid will be more than what’s gained from treasuries or marketable securities. Why not wait until cash is nearly dried up? What’s the rush? Expecting very large expenses over the next couple quarters?
Ann: AVITA Medical Q3 Revenue & Secures $90M Non-Dilutive Debt, page-37
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