Subsequent events, 3M warrants exercised at 23c avg | NWBO Message Board Posts

Northwest Biotherapeutics Inc.

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Msg  13012 of 13323  at  4/2/2019 5:54:39 PM  by

FaceTheFacts

The following message was updated on 4/2/2019 5:56:52 PM.

Subsequent events, 3M warrants exercised at 23c avg

16. Subsequent Events 

 

Between January 2019 and March 2019, the Company converted debt of approximately $2.0 million principal and $125,000 accrued interest into approximately 10.9 million shares of common stock at fair value of $2.8 million. The Company recorded an approximate $0.9 million debt extinguishment loss from the conversion.

 

In March 2019, the Company issued 3.0 million shares of common stock from warrants exercised for cash. The Company received $688,000 cash.

 

 
 


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Msg # Subject Author Recs Date Posted
13013 Re: Subsequent events, 3M warrants exercised at 23c avg JerryC 0 4/2/2019 6:41:00 PM


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