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To: John Metcalf who wrote (110)8/27/1999 12:05:00 AM
From: Biomaven  Respond to of 673
 
Was there some mention of warrant re-pricing in the last year or so?

From the 10-K:

In January 1999, the Company completed a private placement of 2,254,545 shares of its Common Stock for net proceeds of approximately $5,790,000, after deducting fees and commissions and other expenses of the offering. As a result of the offering, the exercise price of the Company's Class A warrants have been adjusted from $6.20 to $6.02.

Peter



To: John Metcalf who wrote (110)8/27/1999 12:09:00 AM
From: schadenfreude  Read Replies (1) | Respond to of 673
 
I was just looking at the annual report yesterday. Yes, the warrants were repriced. 6.20 to 6.02 is what I remember. BTW, does anyone own the units? They used to trade under the ticker ttnpu.