Nutriband sees 272,671 warrants exercised for proceeds of $1,753,274.53
NTRB•Nutriband reported that 272,671 warrants were exercised at a $6.43 strike price, generating gross proceeds of $1,753,274.53. The warrants expired Sept. 30, and the company said no tradeable warrants remain outstanding.
1. Warrant exercise proceeds
Nutriband reported that holders exercised 272,671 NTRBW warrants at a $6.43 strike price, generating $1,753,274.53 in gross proceeds. The warrants expired on Sept. 30 without an extension, leaving no tradeable warrants outstanding. Nutriband said it plans to use the proceeds for AVERSA Fentanyl clinical development and an FDA NDA submission.
