NWBO '26 Q1 10Q
https://t.co/6CnSZhYu73
At this point I’m skimming the filings for information regarding $NWBO's commercialization of their lead product and steps $NWBO might take to address their cash crunch. The information on additional trials and US manufacturing is great, but those trials and US manufacturing are many many years away from positively impacting the finances. Here is what stood out to me in $NWBO's recent '26 Q1 10Q.
➡️Significant Reduction in Net Loss
The net loss for the 3 months ended March 31st from 2025 was $19.343m and for 2026 it was reduced to $3.069m. I’d imagine we are starting to feel the Advent merger synergies.
➡️Another Approval Timeline Hint
First, lets look my at the prior speculation on timelines.
Speculation #1: Per data posted by Tunnelvisionplenty, there is a big batch of approvals coming 6 months post the 2nd CHM meeting. $NWBO had their 2nd CHM meeting on November 27/28 of 2025. Six months past this date is late May 2026.
Speculation #2: For the first time in the ’25 10k we saw that Advent started DCVax-L specific training which typically takes about six months. I assume they wanted this training to be complete prior to approval. This statement wasn’t in the ’25 Q3 10Q. So, this training likely started October-December ’25 timeframe. That means the training would be complete in the April-June ’26 timeframe.
Speculation #3 (contained in recent 10Q): In this ’26 Q1 10Q we see that $NWBO started a leukapheresis buildout in the UK. I assume this is being timed to be done for the approval decision. The 10Q states that $NWBO expects the buildout “…to be completed by June…”
So, we have three separate signals pointing to approval in May, April-June and finally June. There is an ongoing CHM meeting for May 21/22. Hopefully $NWBO is on the agenda at this CHM and we have an approval decision in mid ’26 as a few speculative timelines are starting to align.
➡️Potential UK Property Sale
"The Company owns a 17-acre parcel of land on the edge of Sawston, UK...If zoned for residential development, the Company has been advised that its property would be extremely valuable."
This is a positive step to possibly address $NWBO’s cash crunch and something to keep an eye on. I would also like to know what the company means by "extremely valuable".
➡️Spoofing Lawsuit Settlement Language
“The funds are being held in escrow while the Company pursues discussions with other lesser defendants about resolution of the case against them. The Company anticipates that the funds will be released from escrow when the discussions with the lesser defendants have been completed.”
That’s a positive sign that some of the smaller players are possibly talking settlement. I’m surprised $NWBO put this language in a public filing. Regarding the statement that the funds will remain in escrow until discussions with lesser defendants have been completed is puzzling. I’m not sure why those funds would be required to stay in escrow until discussions with other parties are complete. The only thing I can think of with my limited knowledge of the situation is that $NWBO sold interest in the lawsuit to certain investors and maybe their agreement stated that the first [insert dollar value] of the settlement goes to paying off the investors. Maybe $NWBO is required to hold the funds in escrow until the settlement has reached a certain amount to pay off the initial investment of the investors. Who knows. It's an unusual statement so I figure it has something to do with the possible unusual arrangement of selling lawsuit interests to investors.
That's all that stood out to me on the commercialization/cash front. Fingers crossed for mid '26 approval decision!
@PaulAustin3w My only question was how a person with dementia to that extent and whom presumably lacked capacity would be able to consent to such treatment?
@MHRAgovuk #DCVax-L, on the other hand, did not fail during development. In fact, there were no significant side effects reported during its published Phase 3 results in JAMA Oncology AND it showed clinically significant improvement in overall survival for those with GBM. Any AI model would approve that.
$NWBO
🚨 GAMESTOP JUST CLEARED THE BIGGEST REGULATORY HURDLE ON EBAY — AND THE MARKET IS SLEEPING ON IT.
Here’s the breakdown, straight fire, no fluff:
•827,648 shares owned outright
•39,046,658 shares via Put/Call Pair contracts
•Total exposure: 39,874,306 shares ≈ 9.0% of eBay
But the real nuke?
The Hart-Scott-Rodino (HSR) Act condition was satisfied on June 3, 2026.
Translation for the normies: Those massive derivative positions had a contractual “no physical settlement” lock on them until antitrust regulators gave the green light. That lock is now GONE.
Before June 3rd → GameStop had massive economic exposure to eBay but couldn’t convert it into actual voting shares. After June 3rd → Those contracts are now eligible for physical settlement.
That means RC can flip the switch and start taking real delivery of tens of millions of eBay shares whenever the terms allow. No more synthetic exposure. Real ownership. Real votes. Real board influence.
And remember — this is happening while GameStop has an active acquisition proposal on the table for eBay.
HSR clearance isn’t the full merger approval, but it’s the single biggest regulatory moat that was standing in the way of these derivatives turning into actual skin in the game. That barrier just got obliterated.
This isn’t some random filing. This is GameStop quietly building a 9%+ position in a massive marketplace with billions in cash flow, using derivatives that were structured to become physical the second the government said “go.”
Now the government said go.
eBay has been buying back its own shares like crazy lately too… which only makes GameStop’s percentage ownership climb faster with zero extra effort. Hit 10%? Even more rights kick in.
This is how you take over a company without a hostile tender offer circus. You build the position legally, quietly, and then you have the votes when it matters.
RC didn’t buy eBay shares in the open market and telegraph the move. He used sophisticated derivatives, waited for the exact regulatory window, and now the cage door is wide open.
This is the same playbook that turned a dying brick-and-mortar retailer into a cash-rich, debt-free fortress that can go on the offensive.
The shorts who thought GME was “just a meme” are about to watch the most patient, calculated value creator in the game turn eBay into the next chapter of the saga.
We’re not just holding anymore. We’re acquiring.
The HSR box is checked. The physical settlement path is clear. The acquisition proposal is active.
Buckle the fuck up.
This is the part where the quiet accumulation phase ends and the “holy shit they actually own it” phase begins.
$ GME to the moon isn’t a meme anymore. It’s a corporate raiding masterclass in real time.
Who’s still overlooking this? Not us. We’ve been waiting for this exact moment.
Let’s fucking go. 🚀💎🙌
@HatterMaddie17@WallStreetJoke IMO, Teddy goes public first through 🦋 shell in Canada and then eBay closes by the end of the year (approx)
Business combination 🤝
@MHRAgovuk A good start would be approving #DCVax-L to treat GBM. It's been in queue for over 800 days awaiting approval. No side effects. Statistically significant improvement in overall survival in new and recurrent GBM. Phase 3 results published in JAMA Oncology.
$NWBO
part 7: I would like to share compelling points relating to the HBC equity raise and its use to secure the position of the Holder of Interests, which forced participation in the $BBBYQ third-party release. I hope you like it.
$BBBY
(old).