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home / news releases / EVOK - Sluggish Gimoti Launch Creates Need For Massive Dilution - Evoke Is Probably Toast

EVOK - Sluggish Gimoti Launch Creates Need For Massive Dilution - Evoke Is Probably Toast

Evoke Pharma Inc.
  • The stock price has been decimated after a sluggish commercial launch for Gimoti. COVID is not likely the only problem.
  • The January funding will not be enough - Evoke will need to raise $20 mil to $60 mil to get to cash flow positive.
  • The best outcome for current investors is probably the sale of the company before another funding event.

For further details see:

Sluggish Gimoti Launch Creates Need For Massive Dilution - Evoke Is Probably Toast
Stock Information
Company Name: Evoke Pharma Inc.
Stock Symbol: EVOK
Market: NASDAQ
Website: evokepharma.com
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