Member Info for OAPK20

Hopefully not for long

SDX is the sole independent gas producer in Morocco and works closely with its partner, Office National des Hydrocarbures et des Mines ("ONHYM"), on all aspects of development and production. The gas from SDX's wells is sold to multiple offtakers in the Kenitra industrial area.

CDT seems to be up 50% pre market. Wonder if the MURPH shareholders who sold at $10.33 pre rto are buying back at the $1-$2 price.

$4.4M / 65M gives $0.677cents

Following the completion of the Business Combination and the closing of the PIPE Financing, the most significant change in our future reported financial position and result of operations was an estimated increase in cash (as compared to our balance sheet as of June 30, 2023) to approximately $4.4 million after redemptions, including $20.0 million in gross proceeds from the PIPE Financing. Total direct transaction costs of MURF and Conduit are estimated at approximately $18.5 million, substantially all of which was recorded as a reduction to additional paid-in-capital as costs related to the reverse recapitalization. As a public company, we will need to hire additional personnel and implement procedures and processes to address applicable regulatory requirements and customary practices. We expect that we will incur additional annual expenses as a public company for, among other things, directors’ and officers’ liability insurance, director fees and additional internal and external accounting, legal and administrative resources, including increased audit, legal and filing fees.

From S-1 - 17/10/23

Risks Related to Our Business and Industry

We have incurred significant net losses since our inception and we anticipate future losses and negative cash flow. It is uncertain if or when we will become profitable.

We have incurred net losses since our inception. Our net losses were $4.7 million for the six months ended June 30, 2023 and $4.9 million for Old Conduit for the year ended December 31, 2022. As of June 30, 2023, we had an accumulated deficit of $15.4 million. We do not expect to generate any significant revenues, if any, until we successfully complete adequate development of our first clinical asset. As of the date of this prospectus, our clinical assets are still in development and have not been approved by the FDA or any other regulatory body.

CIZ put option wasn’t propping up CDT share price?

MurphyCanyon were a shell co. They raised funds held in a Trust account. Their shareholders were able to sell their shares at $10.33 before the rto and were paid from the Trust account which emptied MurphyCanyon’s coffers. $114,015,019.76 was removed.

“In connection with such proposals, our public stockholders had the right to redeem their shares for cash equal to their pro rata share of the aggregate amount on deposit in the Trust Account as of two days prior to such stockholder vote. Our public stockholders holding 11,037,272 shares of Class A common stock (out of a total of 13,979,000 shares of Class A common stock) exercised their right to redeem such shares at a redemption price of approximately $10.33 per share. Approximately $114 million in cash was removed from the Trust Account to pay such stockholders and, accordingly, after giving effect to such redemptions, the balance in the Trust Account was approximately $24 million.“

The $24M left has been swallowed up by Conduits pre existing debt and left CDT shares facing a cash value of around $0.70 cents and a need for funding to progress their pipeline.

Alboran basin - MOU2 if it’s a recent image……..

That’s the question. Will they announce commencement of trials or will it be straight to regulatory approvals/commercial launch with insurance code Medicare, Medicaid and full payee coverage in US market

Test Mou1, re-enter Mou2 in 4-6weeks? mou2 with 3 × bigger gas column.?

Recommendations for fancy dress.

Rumours ? Or not ? Social media watchers…..

Cash value is closer to $0.70 cents Joe. You reckon it’s low or going lower or bouncing without news. Read their latest filing mate. Or maybe don’t you might not enjoy the read.

If that’s all you’re here for why still hold ?

Read up on BioTechne cheers you up a bit. Remember BoD -Cizzle Biotechnology, the UK based diagnostics developer, announces voluntary director salary waivers and the award of share options.

Thoughts? In bound?

GH Twitter

ROB has just received this email:

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Cheer up Joe CDT is up a bit

1/3 -Poor #lungcancer survival rates drive the need for one of the greatest opportunities to make a positive difference through early detection.

Detection at an earlier stage could transform lung cancer from a fatal to a treatable condition

bitly.ws/TQWH

@LungAmbition

2/3 - The prognosis for lung #Cancer is highly dependent on the stage at which the illness is diagnosed. A person diagnosed with stage IV lung cancer has less than a 10% chance of surviving five years after diagnosis; this increases to 68% - 92% if diagnosed at stage I.

#CIZ #NHS

3/3 -At stage I, patients can be offered surgical removal (resection) with a high probability of cure,as well as other curative treatments; avoiding the need for more invasive and less effective interventions later on, with considerable impact on quality of life #CancerDetection

Oof

Oct. 17, 2023 5:13 PM ETConduit Pharmaceuticals Inc. (CDT)By: Tiyashi Datta, SA News Editor

Conduit Pharmaceuticals (NASDAQ:CDT) filed a prospectus related to the offer and sale by the selling securityholder of up to 7.76M shares.

This prospectus is not an offer to sell.

Filing

https://seekingalpha.com/filing/7951401

Fully diluted within reach? No ?

I know Jace. They’ve grown through acquisitions 👍

£1.8B

Can you post link to image please