Biotech Basics: Often Misunderstood Details of Biotech Financings
Educational content for biotech investing
If you invest in the biotech sector, this article is a must-read. You'll learn about:
Dilutive instruments commonly used by biotech companies, such as convertible preferred stock, warrants, and options.
Difference between basic & fully diluted shares outstanding and how this impacts market capitalization.
How dilutive instruments “hide” the true valuation …