Glioblastoma Readout could mark a change for Diffusion Pharma

Diffusion Pharmaceuticals Inc. (DFFN) has a current market cap of $7.6 million, but on a fully diluted basis, it is $18.3 million after a stock offering was completed last week (the offering included $8 million worth of warrants at a $.35 strike price). If fully exercised, this provides 1.5 years (6 quarters) of operational cash, assuming the current burn rate of $3m per quarter.
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