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Cardax Announces Extension of Warrant Exchange Offer to July 27, 2018
Cardax Announces Extension of Warrant Exchange Offer to July 27, 2018.
About this update from Cardax Inc
[{"type":"text","content":"\n\n\n\nCardax Announces Extension of Warrant Exchange Offer to July 27, 2018\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.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 Extension of Warrant Exchange Offer to July 27, 2018\nPR Newswire\nHONOLULU, July 23, 2018\n\n\n\nHONOLULU, July 23, 2018 /PRNewswire/ -- Cardax, Inc. (OTCQB: CDXI) announced today that it is extending to July 27, 2018, the period for its offer (\"Exchange Offer\") to allow holders of warrants for its common stock that have an exercise price of $0.625 and expire in February 2019 (\"Warrants\") to exchange those Warrants, together with a payment of $0.15 per share, for registered shares of the Cardax's common stock (\"Shares\").\n\nThe Exchange Offer was scheduled to expire at 5:00 p.m., New York City time, on July 23, 2018, unless extended by Cardax.\n\nThe extended expiration date for the Exchange Offer is 5:00 p.m., New York City time, on July 27, 2018. All other terms and conditions of the Exchange Offer as set forth in the prospectus dated June 22, 2018, filed with the U.S. Securities Commission and the related letter of transmittal, remain unchanged.\n\n\"I am pleased with the interest in the warrant exchange offer,\" said David G. Watumull, Cardax President and CEO, \"and the extension will allow all those who wish to participate the time they need to complete the administrative requirements for the transaction.\"\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\nFor questions, Warrant holders should contact Cardax or CIM Securities, LLC:\n\n\n\n\nCardax, Inc.\n\n\nCIM Securities, LLC\n\n\n\nInvestor Relations\n\n\nAndrew Daniels, Managing Director\n\n\n\[email protected]\n\n\[email protected]\n\n\n\n808-...