CorMedix Inc. Announces Exercises of Outstanding Warrants
CorMedix Inc. (CRMD)
NASDAQ:AMEX Investor Relations:
cormedix.com
Company Research
Source: GlobeNewswire
BERKELEY HEIGHTS, N.J., Sept. 26, 2019 (GLOBE NEWSWIRE) -- CorMedix Inc. (NYSE American: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory disease, today announced that as part of its continuing efforts to simplify its capital structure, the Company agreed to reduce the exercise price on 1.2 million of its Series B Warrants expiring August 2022 from the current exercise price of $5.25 to $4.00 in return for their immediate exercise. The transaction has closed, resulting in proceeds to the Company of approximately $4.9 million. The combination of this transaction, the completion of the Exchange Agreement with funds managed by Elliott Management Corporation earlier this month, and exercises and expirations since June 30, 2019 of warrants held by other investors has resulted in the Company receiving gross proceeds of approximately $10 million and reducing its warrant overh
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CRMD
News
- CorMedix (CRMD) Upgraded to Strong Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
- CorMedix Inc. to Participate in the Truist Securities BioPharma SymposiumGlobeNewswire
- Rainbows and Unicorns: CorMedix Inc. (NASDAQ:CRMD) Analysts Just Became A Lot More Optimistic [Yahoo! Finance]Yahoo! Finance
- CorMedix Inc. (NASDAQ: CRMD) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- While shareholders of CorMedix (NASDAQ:CRMD) are in the black over 1 year, those who bought a week ago aren't so fortunate [Yahoo! Finance]Yahoo! Finance
CRMD
Earnings
- 10/30/24 - Beat
CRMD
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form 144
- 11/14/24 - Form SC
- CRMD's page on the SEC website