MNKD Announces Proposed Priv Placement of Conv Senior Notes

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radgray68
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MNKD Announces Proposed Priv Placement of Conv Senior Notes Sept 24, 2024 10:53:24 GMT -5 Clement likes this

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Post by radgray68 on Sept 24, 2024 10:53:24 GMT -5

So you’re saying it’s more likely we don’t completely pay off the current loan but convert or refinance, keeping enough to bolster the pipeline with a couple more assets.
I like the idea of being debt free but I see the point. Guess it all depends on the assets.

parrerob
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MNKD Announces Proposed Priv Placement of Conv Senior Notes Sept 24, 2024 13:48:05 GMT -5 via mobile sla55, bthomas55ep, and 3 more like this

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Post by parrerob on Sept 24, 2024 13:48:05 GMT -5

Use ATM for 10 million shares (in 2025 at 10$ pps) add 100 million $ cash and manage a new debt (non toxic) for the rest.....

A small debt is always welcome....

Institutional will be 60% at that time.

Shorts will be toasted

Pps will go up huge

Is it possible ?