The problem with that is they can participate in the financing. Then they are going to get a share and a warrant.  Asking them to buy on th open market right now is like if you asked me to buy your neighbours house for twice as much as it's worth, because it will help raise the value of your house.  I would never do that, and management won't do it either. 
They simply have to close this financing asap, once it's done, the panic will be over.