Elah Holdings Inc fka RELYQ (ELLH)

[vpagano]

As previously disclosed, the subscription price will be determined by a formula applying a 25% discount to the 10-day volume weighted average price of Signature's common stock for the period January 12, 2015 through January 26, 2015, but in no event greater than $6.50 per share, which was the price offered in the Company's common stock offering completed December 19, 2014.

If my math is correct, the VWAP during the 10-day period was $7.54. Apply the 25% discount and the subscription price should be ~ $5.65.

-Pagz