Marker Therapeutics Inc (MRKR)

[Phantom Lord]

The B's were all exercised a while ago before they expired. According to the 8k dated Dec. 11th 4,832,000 series A warrants and 892,000 series C warrants were exercised. Now this was between Nov. 30 & Dec. 9 who knows if the rest of the A's were exercised after that.

http://www.tapimmune.com/investors/financial-filings/

Here is an updated breakdown as of the latest 8k. Anything that isn't in the filings is just speculation at this point, we don't know for sure if any other warrants have been exercised.


Series A warrants 7.32 mil are exercisable at $0.10. Of these 2.48 mil are left after last 8k.

Series A-1 warrants 5 mil are exercisable at $0.10

Series B warrants, 14.64 mil have all been exercised.

Series B-1 warrants, 10 mil have all been exercised.

Series C warrants, exercisable at $0.50, 13.75 Mil. 892,000 have been exercised.

Series C-1 warrants, 10 mil. 5 mil were already exercised by Eastern Capital on June 17th.

Series D warrants, 7.32 mil, are only exercisable if the Series B warrants have been exercised. Exercisable at $0.75.

Series D-1 warrants, 5 mil, are only exercisable if the Series B-1 warrants have been exercised. Exercisable at $0.75.

Series E 7.32 mil, are only exercisable if the series C warrants have been exercised. Exercisable at $1.25


Series E-1 warrants, 5 mil, are only exercisable if the series C-1 warrants have been exercised. Exercisable at $1.25

One thing to note is that A-1, B-1, C-1, D-1, & E-1 warrants were all issued to Eastern Capital. They are restricted from selling their shares so these CANNOT all be dumped on the market right away. Plus I think we have determined that Dart is in this for the long haul anyways.

Below is the link to my original DD post where I got most of this information, links are all there if you would like to look into it yourself.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118740621