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Maximilliano

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Maximilliano

Re: Trading4it post# 4086

Wednesday, 09/20/2017 11:29:48 PM

Wednesday, September 20, 2017 11:29:48 PM

Post# of 59525
In the 10q, Public Offering and Outstanding Warrants, there is a typo. The dollar amounts for the C and D warrants are reversed. It should read "Series C warrants have an exercise price of $1.60 and Series D warrants have an exercise price of $1.28." The Series D warrants were exercisable immediately with a 1 year term, with Series C warrants carrying a 5 year term. Series C warrants could not have been exercised back then because the exercise price is $1.60 per share. Series C warrants could be exercised now.....but why would you? Right?
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  • 1D
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  • 6M
  • 1Y
  • 5Y
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