2023-05-10 14:01:00 ET
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Pulse Biosciences ( NASDAQ: PLSE ) on Wednesday said it intends to redeem all of the common stock warrants that were issued as part of its June 9, 2022 rights offering which are still outstanding as of June 16, 2023.
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The company plans to deliver redemption notice on or about May 15, 2023.
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The company will receive an additional $15 million of gross proceeds if all the warrants are exercised prior to the redemption date.
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Pulse received $15 million of proceeds from its rights offering which was completed in June 2022.
For further details see:
Pulse Biosciences to notify planned redemption of warrants