CryoPort Inc (CYRX): How is this non-dilutive? According to...

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CryoPort Inc (CYRX)

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Re: coldasice post# 11050

Friday, 02/09/2018 3:10:51 PM

Friday, February 09, 2018 3:10:51 PM

How is this non-dilutive? According to the filings:

“As of December 15, 2017, the Company had 26,405,707 shares of common stock outstanding. In connection with the Offer, 1,590,797 Original Warrants were properly tendered by holders of Original Warrants in exchange for 1,590,797 New Warrants, which were immediately exercised for gross proceeds to the Company of approximately $4.8 million.”

26,405,707 +1,590,797 = 27,996,504 Isn’t that about 6% dilution?

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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 11:11:23 PM
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