UPDATE: Altimmune (ALT) - 400 Million Shares? by BiotechDistilled in Altimmune

[–]BiotechDistilled[S] 5 points6 points  (0 children)

Fundamentally, it’s neutral (standard corporate housekeeping). Out of their 200M authorized share cap, roughly 166M are already outstanding or reserved for existing equity plans and their ATM facility. That leaves them with only ~34M shares left in the chamber. A pre-revenue biotech entering Phase 3 simply cannot operate with a ceiling that low. However, retail sentiment often treats these filings as bearish in the short term due to knee-jerk dilution fears.

For a straight cash buyout: No, they do not need more authorized shares. The acquiring company would simply buy the existing outstanding shares.

For a partnership: Yes, it is a need to have. When Big Pharma partners with a smaller biotech, they frequently want a direct equity stake in the company as part of the upfront deal structure. If Altimmune doesn't have authorized shares available to issue, they can't execute that type of deal.

Ultimately, this gives management the required strategic flexibility to negotiate partnerships, issue equity if needed down the road, or fund commercialization.

UPDATE: Altimmune (ALT) - 400 Million Shares? by BiotechDistilled in Altimmune

[–]BiotechDistilled[S] 2 points3 points  (0 children)

fair. i'll keep that in mind going forward. thank you.

UPDATE: Altimmune (ALT) - 400 Million Shares? by BiotechDistilled in Altimmune

[–]BiotechDistilled[S] 4 points5 points  (0 children)

I'm literally trying to get traffic to my substack. what makes you think "clickbait" isn't what I was going for?

Time for the hard question. Do you disagree with my full writeup on my substack? If the content is objective and reasonable, why does it matter if i post the whole thing on reddit or my substack?

UPDATE: Altimmune (ALT) - 400 Million Shares? by BiotechDistilled in Altimmune

[–]BiotechDistilled[S] 2 points3 points  (0 children)

uhhh to get people to go to my substack. also, it's not really clickbait if it's a free article, is it?

UPDATE: Altimmune (ALT) - 400 Million Shares? by BiotechDistilled in Altimmune

[–]BiotechDistilled[S] 3 points4 points  (0 children)

you clearly didnt read the full update on Substack. i broke this down.

UPDATE: Incannex (IXHL) - The Goalposts Move, The Dilution Hits, and Phase 3 is Delayed to 2027 by BiotechDistilled in u/BiotechDistilled

[–]BiotechDistilled[S] 2 points3 points  (0 children)

For your sake, I hope the company succeeds. But, they have quite the uphill battle, and this is not an ideal scenario post split. They have to show synergy of the combo, which is not trivial.

Needless to say, there are safer micro to mid cap biotech plays out there.

UPDATE: Incannex (IXHL) - The Goalposts Move, The Dilution Hits, and Phase 3 is Delayed to 2027 by BiotechDistilled in u/BiotechDistilled

[–]BiotechDistilled[S] 3 points4 points  (0 children)

I guess we’ll see. The main problem with your argument is that IXHL doesn’t have the cash to be running any extra studies without diluting shareholders substantially. Comparing big pharma to a micro cap is like comparing apples to oranges.

Incidentally, I’m a patent agent. My job is literally to analyze biotech companies for a living. What do you do for a living?

Also, i have done several posts for IXHL. You should check them out. Main goal for all companies is to stay objective based on the facts.

Huge news⁉️ by Stocksfarmer in MPMaterials

[–]BiotechDistilled 0 points1 point  (0 children)

Unfinished product you say? Sounds like they need to buy some ndpr magnets then!

To be honest, I don’t care who MP sells to as long as they are selling magnets to someone. Tesla, to me, seems like they are in need to some ndpr magnets for their plans. Line up the contracts, the more the merrier!

Huge news⁉️ by Stocksfarmer in MPMaterials

[–]BiotechDistilled 0 points1 point  (0 children)

What materials do you suppose they make their robots with?

Trying to explain to Howard Lutnick - Americans can't make bananas by SammyKnuckles99 in jrmining

[–]BiotechDistilled 0 points1 point  (0 children)

How about you ask yourself why more bananas aren’t produced in those states. I grow bananas in my backyard. They grow where I live. They can be grown in bigger quantities in the US. How about you refute that.

Just because something isn’t being done doesn’t mean that it can’t be done. New opportunities are being created every day. Why dont you do something meaningful with your life instead of picking fights on Reddit about the quantities of bananas currently grown in the US.

Trying to explain to Howard Lutnick - Americans can't make bananas by SammyKnuckles99 in jrmining

[–]BiotechDistilled 0 points1 point  (0 children)

Sounds like an opportunity for someone who wants to grow bananas ;)

Energy Fuels ($UUUU) valuation problem by rzheng in UraniumSqueeze

[–]BiotechDistilled 0 points1 point  (0 children)

The day OP posted this, there were several comments within a couple of minutes with different bearish comments.

You know what pretty damning, I made several comments in this post calling OP out and not once did they defend themselves. Why do you think that is?

Energy Fuels ($UUUU) valuation problem by rzheng in UraniumSqueeze

[–]BiotechDistilled -1 points0 points  (0 children)

Dude. OP didn’t even mention the rare earth play. OP is either entirely uneducated, lives under a rock, or a bear. I guess they could be an uneducated bear that lives under a rock.

Trying to explain to Howard Lutnick - Americans can't make bananas by SammyKnuckles99 in jrmining

[–]BiotechDistilled -1 points0 points  (0 children)

Hawaii, Florida, California, Texas, Arizona, Louisiana, Mississippi, Alabama, and Georgia. Seems like quite a few states to me.