Tuesday, January 27, 2015
Ross Beaty likes Dalradian
Yahoo Finacne - Ross Beaty plumps for $11M with Dalradian. Our buddy says this placement is highly significant, especially with this financing closing even before the exercise date of the existing February warrants.
I guess Beaty wanting to own some Dalradian is good, and the 90 cent floor he's set is good, but I don't see specifically how this impacts the value of my Feb warrrants.
Anyway, yay someone famous now likes Dalradian. And I guess they've got an extra $11M cash.
Oh, the hold period ends in mid-June, so make sure you don't own DNA then.