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KOmani

06/28/20 5:43 AM

#8 RE: Luckypennyman #7

The original exercise price was $1.60

See here:

https://www.globenewswire.com/news-release/2018/05/14/1502087/0/en/Amedica-Corporation-Announces-Closing-of-15-000-000-Public-Offering-of-Units-Consisting-of-Convertible-Preferred-Stock-and-Warrants.html

The price has come down to $0.48 because of the company selling more share at lower prices.

KOmani

06/28/20 5:50 AM

#9 RE: Luckypennyman #7

Typically warrants are exercisable at a fixed price.

But according to the updated prospectus, the public May 2018 warrants have the exercise price changed whenever the company offers shares at a lower price.

I am just saying what the prospectus says.

Of course, it seems too good to be true at this time.

Because current price of $2 less the exercise price of $0.48 is far higher than the $0.02 Friday closing price.