other material
confidence high
sentiment neutral
materiality 0.40
CytoSorbents extends Series B Right Warrant expiration to June 10, 2025
Cytosorbents Corp
- Expiration date extended from April 10, 2025 to June 10, 2025.
- Exercise price set at 90% of 5-day VWAP, with floor $2.00 and cap $4.00.
- Approximately 4.8 million shares of common stock remain reserved for warrant exercise.
- Holders must pay the maximum $4.00 per warrant; difference refunded based on final price.