Cytori Reminds Stockholders That Rights Offering Expires on Friday, July 20
CYTORI THERAPEUTICS (CYTX)
Last cytori therapeutics earnings: 11/14 04:15 pm
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US:NASDAQ Investor Relations:
ir.cytori.com/investor-relations/default.aspx
Company Research
Source: GlobeNewswire
SAN DIEGO, July 16, 2018 (GLOBE NEWSWIRE) -- Cytori Therapeutics, Inc. (Nasdaq:CYTX) provides a reminder to stockholders that its previously announced rights offering will remain open until 5:00 PM Eastern Time on Friday, July 20, 2018. Rights holders will need to exercise their subscription rights prior to that date and time. The unit pricing remains $1,000 per unit, each unit consisting of one share of Series C Preferred Stock with a face value of $1,000 (and immediately convertible into common stock at a conversion price of the lesser of (a) $1.45 per share and (b) 85% of the lowest daily volume weighted average price for our common stock, as reported at the close of trading by Nasdaq, during the five trading days prior to the expiration of the rights offering (including the expiration date), subject to adjustment) and 621 warrants. Each warrant entitles the holder to purchase one share of common stock at an exercise price of the lesser of (a) $1.27 per share and (b) the convers
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