Guardion Health Sciences Has Enough Cash For Now, But Be Wary Of Further Dilution [Seeking Alpha]
Guardion Health Sciences, Inc. (GHSI)
Company Research
Source: Seeking Alpha
Guardion Health Sciences Has Enough Cash For Now, But Be Wary Of Further Dilution Summary Guardion Health Sciences has had two major dilutions since its IPO in April, causing the stock price to tank about 95% in just a few months. With the capital raises, the company appears to have enough cash runway through the end of 2020, but it also has dilutive warrants which can be exercised on a cashless basis. The company's financials look weak, so investors should treat this stock as nothing more than a trading vehicle until a point in time where revenue looks to be gaining real traction. I have previously written two articles GHSI latest offering recently approved GHSI is a typical startup company in the medical device and health sciences space with minimal revenue and heavy cash burn. One has to question why these types of companies are so eager to list publicly just to see their stock price tank. The venture capital market must have dried up for Guardion, which left highly dilutive public
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GHSI
News
- Why Guardion Health Sciences, Inc. (NASDAQ:GHSI) Could Be Worth Watching [Yahoo! Finance]Yahoo! Finance
- Guardion Health Sciences Announces Financial Results for the Year Ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
- Guardion Health Sciences Announces Financial Results for the Year Ended December 31, 2023GlobeNewswire
- Guardion Health Sciences, Inc. (NASDAQ: GHSI) had its "hold" rating re-affirmed by analysts at Maxim Group.MarketBeat
- Thinking about buying stock in Guardion Health Sciences, Minim, Revelation Biosciences, Nyxoah, or Pixelworks?PR Newswire
GHSI
Sec Filings
- 4/9/24 - Form 8-K
- 4/8/24 - Form DEFM14A
- 4/3/24 - Form 3
- GHSI's page on the SEC website