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Cardax Announces Effectiveness of Registration Statement and Commencement of Warrant Exchange Offer
Cardax Announces Effectiveness of Registration Statement and Commencement of Warrant Exchange Offer.
About this update from Cardax Inc
[{"type":"text","content":"\n\n\n\nCardax Announces Effectiveness of Registration Statement and Commencement of Warrant Exchange Offer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prnsbls{\nBORDER-LEFT:black 1pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbbs{\nBORDER-BOTTOM:black 1pt solid\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnrbrs{\nBORDER-RIGHT:black 1pt solid\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbts{\nBORDER-TOP:black 1pt solid\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\nCardax Announces Effectiveness of Registration Statement and Commencement of Warrant Exchange Offer\nPR Newswire\nHONOLULU, June 22, 2018\n\n\n\n\n\n\n\n\nHONOLULU, June 22, 2018 /PRNewswire/ -- Cardax, Inc. (OTCQB: CDXI) announced today that the Securities and Exchange Commission has declared effective the Company's Registration Statement on Form S-4 in connection with a one-time offer to allow holders of its $0.625 warrants expiring in February 2019 to exchange those warrants, together with a payment of $0.15 per share, for registered shares of the Company's common stock. This exchange offer is available to original holders and anyone that acquires these warrants. \n\nThe exchange offer commenced today, June 22, 2018, and will expire at 5:00 p.m., New York City time, on July 23, 2018, unless extended by the Company. Any warrants that are not exchanged will remain outstanding in accordance with their original terms.\n\nOffering materials will be provided directly to warrant holders of record promptly following this announcement. Offering materials are also available at www.sec.gov or from the Company, upon request to Cardax at 2800 Woodlawn Drive, Suite 129, Honolulu, Hawaii 96822.\n\nM.M. Dillon & Co. Group LLC is acting as financial advisor and CIM Securities, LLC is acting as solicitation agent for this transaction.\n\nThere are 27.7 mi...