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Stock impact report

CytoSorbents Extends Expiration Date of Outstanding Series B Right Warrants [Yahoo! Finance]

Cytosorbents Corporation (CTSO) 
Last cytosorbents corporation earnings: 11/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cytosorbents.com
Company Research Source: Yahoo! Finance
the intensive care unit and cardiac surgery using blood purification, announced the extension of the expiration date of the Series B Right Warrants (the "Series B Right Warrants") issued in the Company's Rights Offering in January 2025 . The Series B Warrants were previously scheduled to expire on April 10, 2025 , and will now expire on June 10, 2025 instead. The Series B Right Warrants are exercisable commencing on their date of issuance at an exercise price equal to 90% of the 5-day volume weighted average price of our common stock over the last 5-trading days prior to the expiration date of the Series B Right Warrants on June 10, 2025 , rounded down to the nearest whole cent but (x) not lower than and (y) not higher than Exercise of the Series B Right Warrants requires additional investment separate from the exercise of subscription rights in the Rights Offering. Approximately 4.8 million shares of common stock remain reserved for exercise of the Series B Right Warrants, after Show less Read more
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