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Converted Organics Inc. Exercise of Previously Issued Warra

 
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newsguy



Joined: 10 Jan 2005
Posts: 101717

PostPosted: Wed May 27, 2009 9:08 am    Post subject: Converted Organics Inc. Exercise of Previously Issued Warra Reply with quote

BOSTON----Converted Organics Inc. announced today it has entered into a definitive agreement with institutional investors pursuant to which such investors have agreed to exercise previously issued warrants to purchase 1,500,000 shares of common stock at an exercise price of $1.40 per share, for an aggregate cash amount of $2.1 million, and pursuant to which Converted Organics has agreed to issue ...

[url=http://us.rd.yahoo.com/dailynews/rss/search/exercise/SIG=11rurnin2/*http%3A//biz.yahoo.com/bw/090527/20090527005739.html?.v=1]Read more...[/url]
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