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-0.0202150537634408 -0.00731182795698917 0.00198709677419365 -0.0318279569892472 -0.0521247311827957 -0.119892473118279 -0.11247311827957 -0.106236559139785
Stock impact report

Redemption Date Announced for Warrants

Cassava Sciences, Inc. (SAVA) 
Last cassava sciences, inc. earnings: 8/12 08:30 am Check Earnings Report
Company Research Source: GlobeNewswire
Monday, May 6, 2024 is Last and Final Day to Exercise Warrants.Once Redeemed, the Warrants Will Cease to Exist and Have No Value. AUSTIN, Texas, April 15, 2024 (GLOBE NEWSWIRE) -- Cassava Sciences, Inc. (Nasdaq: SAVA) (“Cassava Sciences” or the "Company") today announced that Monday, May 6, 2024 is the last and final day to exercise the warrants that were previously distributed to its shareholders on January 3, 2024 (the “Warrants”). Holders who exercise their Warrants will receive 1.5 shares of Cassava Sciences’ common stock per Warrant, for an effective price of approximately $22.00 per share. Any Warrants that are not validly exercised by 5:00 p.m. New York City time on May 6, 2024 will be redeemed by the Company on May 7, 2024 (the “Redemption Date”) for a nominal payment of $0.001 per warrant (the “Redemption Price”). The Redemption Price will become due and payable with respect to each outstanding warrant on the Redemption Date. Warrants shall terminate and expire upon payme Show less Read more
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