Tuesday, May 17, 2016 12:37:38 PM
Cytori Therapeutics, Inc. (NASDAQ: CYTX) today provided an informational update to stockholders regarding its recent rights offering and the key dates relative to the offering. Stockholders are advised to ensure they own Cytori's stock as of 4:00 PM ET on Tuesday, May 17, 2016 to be considered a stockholder of record on Friday, May 20, 2016. Stockholders or interested parties are advised to direct all questions and informational requests to the contacts listed below.
Under the rights offering, Cytori will distribute one non-transferable subscription right for each share of common stock held on the record date. Each right will entitle the holder to purchase one unit at the subscription price, with each unit composed of one share of common stock and 0.5 of a warrant, with each whole warrant exercisable to purchase one share of common stock.
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