Jan. 20 at 10:06 PM
$CTOR Notice of action by stockholder consent
https://www.sec.gov/Archives/edgar/data/1851484/000121390026005689/ea0273118-pre14c_citius.htm
In Dec, CTOR issued 1,284,404 shares, 15,229,358 pre-funded warrants, & 16,513,762 common warrants. The pre-funded warrants were exercisable immediately. The common warrants need shareholder approval before they could be exercised. Since CTXR owns 66m shares, no shareholder vote will be necessary. As majority shareholder, CTXR gives their written consent to allow the common warrants to be exercised. Even if everyone else votes NO, the proposal would still pass.
This is a preliminary notice of the shareholder consent. A definitive filing will follow.
They now report that as of Jan 20, CTOR has 88,275,204 shares outstanding. This is an increase of approx 3.5m shares from the 84,797,846 shares they reported in their December 10-K. I assume some of the pre-funded warrants were exercised by Armistice.
Speaking of Armistice, they did not list Armistice as a 5% owner as of Jan 20 👇
