Leah Rush Cann's questions to X4 Pharmaceuticals Inc (XFOR) leadership • Q2 2024
Question
Leah Rush Cann asked for a detailed breakdown of the company's fully diluted share count at the end of the second quarter, including prefunded warrants.
Answer
Chief Financial Officer Adam Mostafa provided a comprehensive count, stating there are approximately 157 million basic shares, 33 million prefunded warrants, and 75 million cash-only warrants. This brings the total to roughly 275 million fully diluted shares, excluding some significantly out-of-the-money historical warrants.