Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Could this be true?
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Could this be true?
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slab
Oct 15, 2023 03:53PM
Re: Could this be true?
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54-40
Oct 15, 2023 04:13PM
Re: Could this be true?
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rj6507
Oct 16, 2023 08:18AM
Re: Could this be true?
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54-40
Oct 16, 2023 09:45AM

So as per the Friday NR: The Company has suspended sales under the United States-only ATM Program and is not required to provide notice if it resumes in the future.

Let's try to keep it simple. The reason the US ATM was suspended was to stop the downward pressure on the US share price associated with the US ATM.

If Cormark is making a large purchase through the CAD ATM at $4 then I think this would immediately remove much of the investor uncertainty about the cash runway as we await further commercial developments  such as the China +1 JV.

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