Feb. 2 at 4:32 PM
$SCYX Reminder:
Based on the April 2022 public offering, SCYNEXIS (SCYX) issued warrants to purchase up to an aggregate of 15,000,000 shares of common stock.
Key details regarding these warrants:
Strike Price:
$3.45 per share.
Expiration Date: Seven years from issuance (April 2022), making them due to expire in April 2029.
Context: These warrants were issued alongside pre-funded warrants (
$0.001 strike) and common stock in a
$45 million offering that closed on April 26, 2022.
Additional Terms: The warrants included a provision allowing holders to purchase a pre-funded warrant instead of common stock at the
$3.45 exercise price.