Warrants can now be called/redeemed at $1.50 vs. prior $2.10 share price | NAVB Message Board Posts


Navidea Biopharmaceuticals, Inc.

  NAVB website

NAVB   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  37850 of 38233  at  8/19/2022 9:57:14 PM  by

moneyonomics

The following message was updated on 8/19/2022 10:04:30 PM.

Warrants can now be called/redeemed at $1.50 vs. prior $2.10 share price

 

Warrants

 

Each warrant entitles the holder to purchase 2,222 shares of common stock at an exercise price of $0.50 per share, subject to adjustment. The warrants will be immediately exercisable and will expire 5 years from the date of issuance. The warrants will be exercisable for cash and, solely during any period when a registration statement for the exercise of the warrants is not in effect, on a cashless basis. We may redeem the warrants for $0.01 per warrant if, among other factors, the volume-weighted average price of our common stock is above $1.50 for ten consecutive trading days, provided that we may not do so prior to one year after the issuance date.

 
 
 


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 3  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...