Cell Robotics International Inc. announces new redemption date for Class A warrants.ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 5, 1996--Cell Robotics International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CRII CRII Cooperative Research in Information Infrastructure CRII Customer Returns Improvement Initiative ) announced today that its Post Effective Amendment to Registration Statement on Form SB-2 was declared effective by the Securities and Exchange Commission on July 31, 1996. As a result, the company has established Aug. 30, 1996, as the revised redemption date Redemption date The date on which a bond matures or is redeemed. redemption date The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date. for all outstanding and unexercised Class A warrants. Any warrants outstanding after Aug. 30, 1996, shall be null, void and unexercisable and shall entitle the holder thereof only to receive payment of the redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. of 25 cents per warrant. Through Aug. 30, 1996, holders of Class A warrants may exercise such warrants to purchase shares of the company's common stock at an exercise price of $1.75 per share. Exercise of the warrants should be undertaken in accordance with the exercise instructions contained on the warrant certificate. CONTACT: Cell Robotics International Inc. Craig Rogers Craig Rogers is a Gaelic football player from Laois in Ireland. He can play in both attack and defence and in 2003 was captain of the Laois team that won the All-Ireland Minor Football Championship title for the first time since 1997. , 719/590-4900 |
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