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Spicknspan

05/23/16 3:10 PM

#35349 RE: trading.jeff #35348

Nice deal on the warrants/

OncoSec has agreed to sell to such investors an aggregate of 5,509,642 shares of its common stock, or pre-funded warrants in lieu thereof, at a price of $1.815 per share.

Additionally, investors will receive warrants to purchase up to an aggregate of 5,509,462 shares of common stock at an exercise price of $1.69 per share for a term of 9 years.

The warrants are immediately exercisable on the date of issuance.