"We are in active discussions with multiple parties regarding financing and/or co-development opportunities for apabetalone"
Have to believe the "co-development " route would be the next best?
Hopefully with one of the Pharmas working with Zen, like PFE or whoever - with possible quick success on a covid trial +
given Zen's success so far maybe it triggers an all out buy out of both companies or even just RVX.
Cant imagine doing a financing at this SP level regardless of the lower cost of a covid trial , it would still cause significant dilution.
Time will tell as always but the clock ticks awfully slow in Donny land.
The only route imo to see shareholder value/significant SP rise & some cash back to us is a Zen deal. Can't imagine much of a spike going with the other two options - maybe up 20-30 cents on a co-development deal,max??
GLTA