Friday, January 20, 2017 1:46:13 AM
i even think price will climb up
those who wants to get in has to be in before the date
i would have been worried that the offering will be to public and shorter will cover by simply buy the offering
Basic Subscription Rights
For every 20 shares of common stock and every 20 Listed Warrants, in each case owned as of the Record Date, you will receive one Basic Subscription Right, which gives you the opportunity to purchase one Unit, consisting of four shares of common stock and one-half a share of the Preferred Stock for a price of $ per Unit. For example, if you owned 100 shares of common stock as of the Record Date, you will receive five Subscription Rights and will have the right to purchase 20 shares of our common stock and two and one-half shares of the Preferred Stock for $ per Unit (or a total payment of $ ). You may exercise all or a portion of your Basic Subscription Rights, or you may choose not to exercise any of your Basic Subscription Rights. If you do not exercise your Basic Subscription Rights in full, you will not be entitled to exercise your Over-Subscription Privilege.
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