Phivida Holdings Inc. PHVAF

Phivida is a premier brand of cannabidiol ('CBD')-infused functional foods, beverages and clinical products that is poised for global distribution.

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Phivida Holdings Inc. > warrants

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Comment by BuddyGuyManon Apr 22, 2018 9:24am

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Post# 27922979

RE:RE:RE:RE:RE:warrants

There is no acceleration clause for the publicly traded warrants. But if you’re doubting the info you get on stockhouse just fire a quick email to IR@phivida.com.

BobbieBamble wrote: Whoever the horse was that told you that there is no acceleration clause is deeply mistaken. Stated on the News Release on April 19 is the following:

The warrant expiry date below is subject to an acceleration provision. For further details, please see the warrant indenture.

Try searching for the "Warrant Indenture" and there is none to be found.

Btw, the last time VIDA offered warrants, the exercise price was $.75 with an accelerator clause that allowed the Company to close out the warrants if the trading price per share exceeded $1.00 for a period of 20 consecutive trading days. This clause was initiated on Jan 17, 2018.

Bleacher1 wrote:
Yes, seen the same and couldn’t find it in the text , I did however get it right from the horses mouth, NO acceleration clause