Lots of risk. There are many moving parts. Lots of standard clauses there and it’s interesting they don’t regard the approval of the CFDA as a material risk. That should rerate the stock regardless but that is also a timing outcome.
The stock is volatile from $2.80 -$90c with a placement at $1.25 in between. Not for the faint hearted but right now they are making progress and have the money to move forward. People can make up their own minds. Dyor
WHA Price at posting:
$1.06 Sentiment: Buy Disclosure: Held