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Immune Response extends expiry on warrants issued in March placement
By Sheri Kasprzak
New York, Nov. 8 - Immune Response Corp. has extended the expiration date on second tranche warrants issued in a March private placement of convertible notes.
The warrants - for 600 million shares - will now expire March 1, 2007, pushed back from Nov. 30, 2006.
The warrants remain exercisable at $0.02 each.
The warrants were issued March 7, 2006 when the company sold $8 million in convertible notes. The notes, due Jan. 1, 2008, are convertible at $0.02 each.
Based in Carlsbad, Calif., Immune Response is a biopharmaceutical company focused on immune-based therapies for HIV and multiple sclerosis.
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