Replies to post #34104 on Delcath Systems Inc (DCTH)

[tickerpicker]

Seems to be written pretty clear to me.

"If the Company at any time on or after the Subscription Date combines (by combination, reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination will be proportionately increased and the number of Warrant Shares will be proportionately decreased."