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Vapor Corp. Announces Preliminary Results Of Cash Tender Offer To Purchase Outstanding Series A Warrants
Vapor Corp. Announces Preliminary Results Of Cash Tender Offer To Purchase Outstanding Series A Warrants.
About this update from Healthier Choices Management Corp.
[{"type":"text","content":"\n\n\n\nVapor Corp. Announces Preliminary Results Of Cash Tender Offer To Purchase Outstanding Series A Warrants\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\n\n\n\n\n\nVapor Corp. Announces Preliminary Results Of Cash Tender Offer To Purchase Outstanding Series A Warrants\nPR Newswire\nHOLLYWOOD, Fla., Jan. 18, 2017\n\n\n\nHOLLYWOOD, Fla., Jan. 18, 2017 /PRNewswire/ -- Vapor Corp. (OTC Pink: VPCO) (\"Vapor\" or the \"Company\") announced today the preliminary results of its tender offer to purchase up to 32,262,152 of its outstanding Series A warrants (the \"Series A Warrants\") at a purchase price of $0.22 per warrant in cash. The Company's tender offer for the Series A Warrants expired at 5:00 p.m., Eastern time, on January 17, 2017. Based on a preliminary count by Equity Stock Transfer, LLC, the depositary for the tender offer, as of the expiration date for the tender offer, a total of 10,073,884 Series A Warrants were properly tendered and not withdrawn, for a total purchase price of approximately $2.16 million. Payment for the Series A Warrants accepted for purchase in the tender offer will be made promptly by Vapor Corp.\n\nAfter completion of the tender offer for the Series A Warrants, the Company expects that 48,956,712 Series A Warrants will remain outstanding.  \n\nOkapi Partners acted as the information agent for the Offer, and the depositary for the Offer is Equity Stock Transfer, LLC. For questions and information, please call the information agent at (877) 629-6356 (banks and brokers call (212) 297-0720).  \n\nImportant Notice\n\nThis press release is neither an offer to purchase nor a solicitation of an offer to sell any Series A Warrants. The offer to purchase and the solicitation of offers to sell are being made solely pursuant to the Offer to Purchase dated December 7, 2016, as amended, the related Letter of Transmittal and other offer materials included as exhibits to the tender offer statement on Schedule TO that Vapor has filed with the SEC. The tender offer statement (including the Offer to Purchase, related Letter of Transmittal and other o...