https://finance.yahoo.com/quote/clsn/key-statistics?p=clsn
Shares outstanding: 56.98 million
but only a 3.14M float?
shares short: 5.98 million
What's going on? also a question on the SEC fillings
They released an S-1 on the first page, first box
"If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☒"
It is marked, now what exactly does "to be offered on a delayed or continuous basis" actually mean? this might be not important but the second box
"If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering."
is left unmarked so I understand that they don't plan to do an offering like $SGYP but I'm getting a strong vibe of a dilution.
If you could please explain :)
I don't know but maybe you could ask this in the chat room.
As of right now I show 3.98 mil shares outstanding 3.87 in the float. maybe the short shares data is erroneous information. As far as the SEC filing is concerned I am not very familiar with how to read them, but they are offering stock warrants that are immediately exercisable from $.01/share. to anyone who owns them, they'd be dumb not to sell them immediately at the stocks inflated price. just my thoughts. But, you'd have to sell them over days because the float
I actually paper traded this. https://www.tradingview.com/x/u6fauHxZ/ https://www.tradingview.com/x/MyApF4fq/
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