lowtrade

[BlindSquirrelFindsNuts]

SNGX going to $2.25 on financing warrant strike price?

On July 2, 2018, the Company announced that it had completed an at the market registered direct offering, and subsequently closed on the over-allotment option, for a total of 8,932,038 shares of common stock at $1.03 together with warrants to purchase up to 3,572,815 shares of our common stock with an exercise price of $2.25 per share. The warrants have a per share exercise price of $2.25, subject to customary adjustment, are exercisable immediately and will expire forty-two (42) months from the date of issuance. Gross proceeds from this offering, which includes the exercise of the underwriter's overallotment option, were approximately $9.2 million before deducting offering expenses.

Been following the board. Decided it was time to get some input.