Headline: | Right Adjustment of IP-W1 (Edited) | ||
Security Symbol: | IP | ||
Announcement Details | |||
Right adjustment / No right adjustment | |||
Subject | Right Adjustment of IP-W1 | ||
Symbol | IP-W1 | ||
The full name of warrant | Warrant of INTER PHARMA PUBLIC COMPANY LIMITED No. 1 | ||
Adjustment | |||
Type of adjustment | Adjustment of exercise price and exercise ratio | ||
Before exercise price (THB/share) | 25.00 | ||
After exercise price (THB/share) (Update) | 23.915 | ||
Before adjustment exercise ratio (unit : share) | 1 : 1 | ||
After adjustment exercise ratio (unit : share) (Update) | 1 : 1.045 | ||
The reason for adjustment | The Company shall adjust the exercise price and exercise | ||
ratio to ensure that the benefits of the Warrant Holders are | |||
not less than the existing status. The reasons for adjustment | |||
of this event are as follows; | |||
The Company offers new ordinary shares to Private | |||
Placement, which is the offering price that is lower than 90% | |||
of the market price of the Company's shares by calculates | |||
from ordinary share the weighted average price of the | |||
Company's ordinary shares on the stock exchange for the | |||
past 7 consecutive days before the first day of offering the | |||
newly issued ordinary shares to Private Placement, which is | |||
in accordance with the terms and conditions of Clause 2.2.2 | |||
Effective date for adjustment | 10-Aug-2022 | ||
Remark (New) | |||
Because the exercise ratio and exercise price were incorrectly calculated
Signature
________________________________
(Mr. Trinnawat Thanitnithiphan)
Director
Authorized Persons to Disclose
Information
This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and
completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.
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Inter Pharma pcl published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 06:45:33 UTC.