DBII Digital Biometrics, Inc Message Board

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Technology Stocks : DBII Digital Biometrics, Inc

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To: Green Receipt who started this subject	7/2/2001 11:58:21 AM
From: Green Receipt	Read Replies (2) of 118

btw even though they had a positive news PR today they also did a number on the stock: biz.yahoo.com basically they issued more shares, but I don't think they diluted the net worth of the shares. The Warrants may however: Under terms of the financing, Visionics sold approximately 1.3 million shares at $4.50 per share. In addition, the Company issued warrants for approximately 326,000 shares at $5.66 per share and 326,000 shares at $6.79 per share. These warrants are callable when the Company's stock price exceeds 150 percent of the warrant price for twenty consecutive trading days. Fully exercised, these warrants would raise an additional $4.1 million for the Company. Visionics intends to immediately register the shares and the shares underlying the warrants by filing a Form S-3 with the Securities and Exchange Commission.

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