Darrell Brookstein at Nanotechnology.com casts more light on the Nanodynamics IPO that wasn’t… “In mid 2007 and into last week, one single, unlucky investment bank raised ARWR $16.5 million at $5.78 per share with ¼ warrants at $7.06 (it’s now $2.10). They raised NANX $10.6 million at $5.92 (now $3.21). Now, oddly, they were unable, for whatever reason (amazed neither …
Nanodynamics IPO Pulled Through Incompetance or Lack Of Capital?
The curse of nanotech strikes again, and this is a story it would be hard to make up. Alan Shalleck has been doing a bit of poking around into the latest nanotech IPO debacle (quite a lot actually) and points the finger of blame at Global Crown Capital who appear to have been rather under capitalised. The allegations are quite …
Nanodynamics Files For IPO, Ignores Global Stock Market Metltdown
If at first you don’t succeed….Nanodynamics, one of the raft of diversified nanotechnology companies under pressure from investors to get an exit of any kind, have announced that they will be the first nanotechnology US company to be listed on the Dubai International Financial Exchange (DIFX). You have to question the sanity of both the management and their advisors as …