On January 14, 2020, Alpha Holdings, Inc. announced that it has delivered a binding term sheet to the Board of Directors of OncoSec Medical Incorporated containing a detailed alternative proposal for their consideration. Alpha Holdings stated that the proposal represents an additional $9.3 million of value compared with the $30 million takeover offer from China Grand, along with the opportunity for stockholders to receive a cash premium for 35% of the Company shares through a tender offer of $2.50 per share. Alpha Holdings urged the shareholders to visit www.VoteNoOncoSec.com for more information about its alternative financing proposal and its opposition to the China Grand Takeover of the Company.