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Cassava Sciences | 8-K: Redemption Date Announced for Warrants

Cassava Sciences | 8-K: Redemption Date Announced for Warrants

Cassava Sciences | 8-K:公佈認股權證贖回日期
SEC announcement ·  04/16 04:05
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On April 15, 2024, Cassava Sciences, Inc., a clinical-stage biotechnology company, announced the final day for exercising warrants issued to shareholders. The deadline for warrant exercise is set for May 6, 2024, by 5:00 p.m. New York City time. These warrants were initially distributed on January 3, 2024, allowing shareholders to purchase additional shares at a predetermined price. Warrants not exercised by the deadline will be redeemed the following day, May 7, 2024, for a nominal fee of $0.001 per warrant, after which they will become void and valueless. The company has encouraged warrant holders to act promptly to ensure their financial institutions can process the transactions before the cutoff. The announcement was made via a press release and filed with the U.S. Securities and Exchange Commission as part of a Form 8-K report. Cassava Sciences is focused on developing treatments for neurodegenerative diseases, with its lead product candidate, Simufilam, currently undergoing Phase 3 clinical trials for Alzheimer's disease dementia.
On April 15, 2024, Cassava Sciences, Inc., a clinical-stage biotechnology company, announced the final day for exercising warrants issued to shareholders. The deadline for warrant exercise is set for May 6, 2024, by 5:00 p.m. New York City time. These warrants were initially distributed on January 3, 2024, allowing shareholders to purchase additional shares at a predetermined price. Warrants not exercised by the deadline will be redeemed the following day, May 7, 2024, for a nominal fee of $0.001 per warrant, after which they will become void and valueless. The company has encouraged warrant holders to act promptly to ensure their financial institutions can process the transactions before the cutoff. The announcement was made via a press release and filed with the U.S. Securities and Exchange Commission as part of a Form 8-K report. Cassava Sciences is focused on developing treatments for neurodegenerative diseases, with its lead product candidate, Simufilam, currently undergoing Phase 3 clinical trials for Alzheimer's disease dementia.
2024年4月15日,處於臨床階段的生物技術公司Cassava Sciences, Inc. 宣佈了行使向股東發行的認股權證的最後一天。認股權證行使的最後期限定爲2024年5月6日,紐約時間下午5點。這些認股權證最初於2024年1月3日分發,允許股東以預定價格購買更多股票。未在截止日期之前行使的認股權證將在第二天,即2024年5月7日兌換,每份認股權證的象徵性費用爲0.001美元,之後它們將失效且毫無價值。該公司鼓勵認股權證持有人立即採取行動,確保其金融機構能夠在截止日期之前處理交易。該公告是通過新聞稿發佈的,並作爲8-K表報告的一部分提交給美國證券交易委員會。Cassava Sciences專注於開發神經退行性疾病的治療方法,其主要候選產品Simufilam目前正在進行鍼對阿爾茨海默氏病癡呆的3期臨床試驗。
2024年4月15日,處於臨床階段的生物技術公司Cassava Sciences, Inc. 宣佈了行使向股東發行的認股權證的最後一天。認股權證行使的最後期限定爲2024年5月6日,紐約時間下午5點。這些認股權證最初於2024年1月3日分發,允許股東以預定價格購買更多股票。未在截止日期之前行使的認股權證將在第二天,即2024年5月7日兌換,每份認股權證的象徵性費用爲0.001美元,之後它們將失效且毫無價值。該公司鼓勵認股權證持有人立即採取行動,確保其金融機構能夠在截止日期之前處理交易。該公告是通過新聞稿發佈的,並作爲8-K表報告的一部分提交給美國證券交易委員會。Cassava Sciences專注於開發神經退行性疾病的治療方法,其主要候選產品Simufilam目前正在進行鍼對阿爾茨海默氏病癡呆的3期臨床試驗。

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