Delcath Systems Inc (DCTH)

[Looking4BIGcash]

This part tells me this company is for sale. This will guarantee DCTH does not become hostage to it's retail base again. These warrants give it the 'poison pill' to stave off a hostile takeover and allows 'friendly' partners to get it at the bottom of the
rocket.

Offering to each purchaser whose purchase of shares of common stock in this offering would otherwise result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% of our outstanding common stock immediately following the consummation of this offering, the opportunity to purchase, if the purchaser so chooses, pre-funded warrants to purchase shares of common stock in lieu of common stock that would otherwise result in the purchaser’s beneficial ownership exceeding 4.99% of our outstanding common stock (or at the election of the purchaser, 9.99%). The purchase price of each pre-funded warrant will equal the price per share being sold to the public in this offering minus $0.01 for each underly warrant share, and the exercise price of the pre-funded warrants will be $0.01 per share.

Follow the math.. this is very positive. DCTH market cap is on it's way UP UP UP.

This may help some of the newbies understand what's happening here:

If you can't handle risk... you should not put money into penny stocks. PERIOD.