To: CoffeePot who wrote (323 ) 5/14/1998 1:41:00 PM From: xclently Read Replies (2) | Respond to of 6847
XYBR and XYBRW holders: Would highly recommend looking at XYBR SEC filings...S-3 filed yesterday To: Steven Angelil (17915 ) From: Peter C. Overhoff Thursday, May 14 1998 1:21PM ET Reply # of 17935 XYBRW: (from SEC filing S-3--must read for XYBR Trader/Investor's) consisting of one share of Common Stock and one Redeemable Warrant In connection with the Company's IPO, warrants to purchase 3,846,429 shares were originally issued that entitle the holder to purchase a share of common stock for $9.00 until July 19, 1999. Check out the s-3 filing freedgar.com (insiders will git while the gittin's good) Additional excerpts: This Prospectus pertains to the offer and sale, from time to time, by or for the account of certain stockholders (the "Selling Stockholders") of Xybernaut Corporation (the "Company"), of up to 2,340,938 shares (the "Shares") of common stock, par value $.01 per share (the "Common Stock"), of the Company. See "Description of Securities. At the date of this Prospectus, the Company has reserved an aggregate of 6,546,692 shares of Common Stock for issuance on exercise of outstanding options and warrants. The exercise prices of the options presently outstanding are $0.01 per share for 100,000 shares granted in September 1994, and $1.37 to $6.00 for 1,290,430 shares granted from April 1, 1995 to May 8, 1998. The exercise price of the 287,860 warrants outstanding as of May 8, 1998 is between $1.76 and $18.00 per share. In connection with the Company's IPO, warrants to purchase 3,846,429 shares were originally issued that entitle the holder to purchase a share of common stock for $9.00 until July 19, 1999. These warrants contain anti-dilution provisions that have resulted in the number of shares to be issued upon a complete warrant exercise increasing to 4,583,402. At the completion of the IPO, the Representative received an option (the "Unit Purchase Option") to purchase 210,000 Units (the "Units"), <<< [The warrants that trade are the IPO warrants (originally issued with warrants]