other_material
confidence high
sentiment neutral
materiality 0.50
VolitionRx amends over-allotment terms; underwriter buys 1.19M shares and 1.73M warrants
VOLITIONRX LTD
- Amendment permits separate exercise of over-allotment shares and warrants, not just combined.
- Underwriter exercised over-allotment: 1,194,000 shares at $0.51 and 1,732,500 warrants at $0.01.
- Net proceeds to VolitionRx of $582,426 after 7.0% underwriting discount and expenses.
- Underwriter also received warrants to buy 83,580 shares at $0.63, exercisable after 6 months.
item 1.01item 9.01