Opexa Therapeutics Announces Record Date And Subscription Price For Rights Offering

THE WOODLANDS, Texas--(BUSINESS WIRE)--Opexa Therapeutics, Inc. (NASDAQ: OPXA), a company developing personalized immunotherapies for autoimmune disorders, including multiple sclerosis (MS) and neuromyelitis optica (NMO), today announced that it has set 5:00 p.m. Eastern Time on March 13, 2015 as the record date for its upcoming rights offering. Opexa intends to issue subscription rights to purchase units, composed of a share of Opexa common stock and a warrant to purchase an additional share of common stock, to holders of Opexa’s common stock and Series L warrants on the record date. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern Time on April 8, 2015. Opexa may, in its sole discretion, extend the rights offering for additional periods and may cancel the rights offering at any time or for any reason prior to the expiration date. Once made, all exercises of subscription rights are irrevocable.

Help employers find you! Check out all the jobs and post your resume.