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WİRELESS RONİN TECHNOLOGIES Message Board

jyang12342003 2 posts  |  Last Activity: Mar 21, 2016 12:49 PM Member since: Nov 14, 2003
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    toxic finiancial

    by jyang12342003 Mar 21, 2016 12:26 PM
    jyang12342003 jyang12342003 Mar 21, 2016 12:49 PM Flag

    Each unit consists of one share of Series F convertible preferred stock, which is convertible into 258.397875 shares of common stock at a conversion price of $3.87 per share, and 258.397875 warrants each to purchase one share of common stock at an exercise price of $5.17 per share. In total, the Series F convertible preferred stock is convertible into 2,067,183 shares of common stock, and the warrants are exercisable for 2,067,183 shares of common stock. The Company will use part of the proceeds from this offering to repurchase and retire its Series E convertible preferred stock.

  • jyang12342003 by jyang12342003 Mar 21, 2016 12:26 PM Flag

    Be careful here