TPTX » Topics » Approximately 42% Axonyx shareholders
This excerpt taken from the TPTX 8-K filed Jun 8, 2006.
Approximately 42% Axonyx shareholders
In addition, TorreyPines preferred shareholders receive warrants to purchase combined company shares that, if fully exercised at closing, give TorreyPines shareholders approximately
62% of the combined company. These warrants will have an exercise price of $1.04, approximately 110% of the Companys recent stock price
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