Lightwave Logic: Equity Financing Is A Reality Check On Prices
Summarize this article with:
Valkyrie Trading SocietyInvesting Group LeaderFollow5ShareSavePlay(5min)CommentsSummaryLightwave Logic remains highly dependent on equity markets, with recent financing pricing shares at $3 in a market reality check.Current market cap of $410 million is more reasonable, given the SAM values for their serviceable market.LWLG's future value could reach $2-5 billion if its technology achieves broad adoption. But this could take a while, and with interim dilutions, the present value is anyone's guess.Significant dilution risks persist due to ongoing cash burn, equity compensation, and the need for further financings before material royalty streams emerge. Erik Isakson/DigitalVision via Getty Images Lightwave Logic, Inc. (LWLG) demonstrates today that it is a company that continues to be dependent on the equity markets, subjecting it to reflexivity effects both negative and positive. In our previous coverage, we noted that the directionThis article was written byValkyrie Trading Society5.41K FollowersFollowThe Valkyrie Trading Society is a team of analysts sharing high conviction and obscure developed market ideas that are downside limited and likely to generate non-correlated and outsized returns in the context of the current economic environment and forces. They are long-only investors.They lead the investing group The Value Lab where they offer members a portfolio with real time updates, chat to answer questions 24/7, regular global market news reports, feedback on member stock ideas, new trades monthly, quarterly earnings write-ups, and daily macro opinions.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.