Replies to post #95018 on Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

Ha, they reduced the exercise price!

Item 3.03. Material Modification to Rights of Security Holders.



On March 15, 2019, the exercise price of warrants issued by Advaxis, Inc. (the Company) in September 2018 was reduced from $1.50 per share of the Company’s common stock to $0.30 per share. The reduction was the result of issuance of the Company’s common stock in exchange for warrants held by some warrant holders.