Sunday, November 11, 2018 8:07:52 PM
"The requirement to file this report was triggered on October 16, 2018 when Armistice, on behalf of certain investment funds managed by it, participated in an underwritten public offering of the Issuer (the “Public Offering”) and acquired 6M pre-funded Common Share purchase warrants with no expiry date (the “Pre-Funded Warrants”), each exercisable for one Common Share at an exercise price of US$0.01 per share and 6M Common Share purchase warrants (the “October 16th Warrants”), each exercisable for one Common Share at an exercise price of US$0.75 per share until October 16, 2023.
Since the date of the Public Offering, Armistice, on behalf of certain investment funds managed by it, has exercised 1.2M of the Pre-Funded Warrants and continued to trade in Common Shares of the Issuer on the NASDAQ market."
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00029068
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