Printer Friendly

ADVANCED NMR SYSTEMS EXTENDS PERIOD FOR EXERCISE OF WARRANTS

 ADVANCED NMR SYSTEMS EXTENDS PERIOD FOR EXERCISE OF WARRANTS
 WILMINGTON, Mass., April 9 /PRNewswire/ -- Advanced NMR Systems, Inc. |NASDAQ: ANMR (common stock), ANMRW (Class A warrants), ANMRU (units); Boston Stock Exchange: ANR (common stock), ANRWS (Class A warrants), ANRU (units); Pacific Stock Exchange: ANR (common stock), ANRWS (Class A warrants), ANRU (units)~, a manufacturer and developer of high-speed magnetic resonance imaging (MRI) systems, announced today that it has extended the period of time during which warrantholders have the opportunity to exercise their Class A and Class B warrants at lowered exercise prices of $1.50 for the Class A warrants and $2 for the Class B warrants through the expiration of the warrants.
 Advanced NMR had previously lowered the exercise price of its Class A warrants to $1.50 until May 18, 1992, and thereafter the price would have been $4 until the expiration of the warrants on Aug. 18, 1992. The exercise price of the Class B warrants had previously been lowered to $2 until May 18, 1992, and thereafter the price would have been $6 until the expiration of the warrants on Aug. 18, 1993.
 The Class A warrants entitle the warrantholder to purchase a unit consisting of one share of Advanced NMR common stock and one Class B warrant. The Class B warrants entitle the warrantholder to purchase one share of Advanced NMR common stock.
 -0- 4/9/92
 /CONTACT: Andrew Plesser of Howard J. Rubenstein Associates, 212-489-6900, for Advanced NMR Systems/
 (ANMR) CO: Advanced NMR Systems Inc. ST: Massachusetts IN: SU:


TQ-TS -- NY015 -- 6632 04/09/92 09:32 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 9, 1992
Words:264
Previous Article:GANTOS REPORTS MARCH SALES, ELECTS SCHOMER TO BOARD
Next Article:NIMBYs TAKE NOTE: IT'S OK TO LIKE LANDFILLS


Related Articles
ADVANCED NMR SYSTEMS DOUBLES SIZE OF MANUFACTURING FACILITIES
NATURADE INC. EXTENDS CLASS A WARRANTS
U.S. PAWN ANNOUNCES CLASS B WARRANT EXERCISE
FONIC EXTENDS ITS CLASS A REDEEMABLE WARRANT EXERCISE PERIOD UNTIL MAY 20, 1993
U.S. PAWN ANNOUNCES SUCCESSFUL COMPLETION OF COMMON STOCK PURCHASE WARRANT EXERCISE
GE MEDICAL SYSTEMS AND ADVANCED NMR ANNOUNCE NEXT PHASE OF SALES AND MARKETING PROGRAM
ADVANCED NMR AND GE MEDICAL SYSTEMS ANNOUNCE LONG TERM AGREEMENT
ADVANCED NMR AND GE MEDICAL SYSTEMS ANNOUNCE LONG TERM AGREEMENT
EXPIRATION OF OUTSTANDING WARRANTS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters