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InVivo Therapeutics Holdings Corp. Message Board

  • a1ag a1ag May 2, 2013 4:15 PM Flag

    Warrants Today makes 20 days in a row we closed above 2.80!!! This info below is from NVIV 10k Report

    We may redeem certain of our outstanding warrants on 30 days’ notice at any time after the date on which the last reported sale price per share of our common stock as reported by the principal exchange or trading facility on which our common stock trades equals or exceeds $2.80 for twenty consecutive trading days. If we give notice of redemption, holders of these warrants will be forced to sell or exercise the warrants they hold or accept the redemption price. The notice of redemption could come at a time when, under specific circumstances or generally, it is not advisable or possible for holders of these warrants to sell or exercise the warrants they hold.

    While certain of our warrants are outstanding, it may be more difficult to raise additional equity capital.

    While certain of our warrants are outstanding, the holders of those warrants are given the opportunity to profit from a rise in the market price of our common stock. In addition, some outstanding warrants are not redeemable by us. We may find it more difficult to raise additional equity capital while these warrants are outstanding. At any time during which these warrants are likely to be exercised, we may be able to obtain additional equity capital on more favorable terms from other sources.

    Sentiment: Strong Buy

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1.010.00(0.00%)Jul 23 3:58 PMEDT

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