i suspect news of funding will come before the 4c but if it doesn't, as long as they have a plan to cover the next two quarters, they'll be ok
news of the EV development deal in this quarter could also coincide with an equity stake in the company.
company also stated Trinseo will be purchasing product from the production facility.
I'm losing track of all the grants/loans they are eligible to apply for.
I'm also doubtful of shareholders being tapped again but it still remains a possibility. Many of us are following (we don't hold) a heavily indebted Cobalt play that left it to the last days of tax loss selling to announce a CR despite previously saying they were fully funded, so a CR is possible. Can't believe everything you read
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