Stereotaxis sets 15 September 2015 as ex-warrants date.
M2 EQUITYBITES-September 16, 2015-Stereotaxis sets 15 September 2015 as ex-warrants date
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Healthcare technology company Stereotaxis (NasdaqCM:STXS) said on Tuesday that NASDAQ Capital Market has announced 15 September 2015 as the 'ex-warrants' date for its warrants offering.
As part of the company's warrants offering, all stockholders and certain warrant holders received one subscription warrant to purchase one share of its common stock at a price of USD1.10 per share for every four common shares held.
The company added that the subscription warrants are transferable and are listed on the NASDAQ Capital Market under the symbol "STXSW," until the expiration of the warrants offering.
According to the company, the ex-warrants date is the date when its common stock began to trade without the warrants and the warrants began to trade separately from the common stock.
Until 17:00 New York City time, on 30 September 2015, the company's subscription warrants will be exercisable and may be extended later subject to certain limitations.
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