LadRx Corp (LADXD)

[pfort1]

Tek - At the June cancer convention in Chicago CYTRX had a slide titled "Financial Summary" One bullet point was titled "Warrants" and showed the number of warrants by strike price as follows:

Weighted-average strike price: $2.35 1.9M
Strike price $0.70 expiring July 2017 7.4M
Strike Price $0.5055 expiring July 2018 17.8M

Shares outstanding 5/10/15 was shown as 152.0M (this must have included the warrants already exercised as the was an entry for the warrant proceeds of $1.9M).

Options weighted-average strike price: $2.35 17.1M

That all adds up to potentially 196.2M

I don't know how many options they have to issue, but SK has about 50M of the 250M authorized to issue.