Replies to post #383083 on Innovation Pharmaceuticals Inc (IPIX)

[olden_grumpini]

Exercise of the preferred share warrants are determined by the holder of the warrants, Kips Bay, not by IPIX. IPIX has no control over when the warrants are exercised other than the expiration date (March 2023). You can read the entire agreement here: https://www.sec.gov/Archives/edgar/data/0001355250/000147793220007183/ipix_424b5.htm