Seeking Alpha

Amarantus calls warrants and converts debt

  • Amarantus Bioscience Holdings (AMBS +8.7%) calls 20,138,810 outstanding warrants issued in its September 3, 2013 and September 26, 2013 private offerings at $0.06 per share. Net proceeds to the company will be ~$1.2M.
  • The company will also convert the outstanding principal amount of $166,667 of its 8% Original Discount Senior Convertible Debentures due September 6, 2014 and October 1, 2014.
  • 8-K
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