UNS 0.00% 0.5¢ unilife corporation

Two Days, page-6

  1. 122 Posts.
    GB-You may or may not be correct about that. If the funding is at the market, it is likely the share price will hold and the market cap requirement may be met. I say may because if there are no shares, just debt, in the funding and the share price doesn't rise, then the Company will remain below the listing threshold.
    If the funding is highly dilutive, CV debt, or shares sold at a deep discount to market, the share price could fall and remain below the $35 mil continued listing requirement, in which case delisting would likely occur and the current shareholders would face severe dilution in the value of their holdings.
 
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Currently unlisted public company.

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