Brief: Dropcar Files Prospectus Relates To Resale Of Up To 8.7 Million Common Shares Issuable Upon Conversion Of Preferred Stock, Exercise Of Warrants

Fabric.AI,

07/02/2020 22:17

Feb 7 (Reuters) - Dropcar Inc  DCAR.O :
    * DROPCAR FILES PROSPECTUS RELATES TO RESALE OF UP TO 8.7
MILLION
COMMON SHARES ISSUABLE UPON CONVERSION OF PREFERRED STOCK,
EXERCISE OF WARRANTS
    * DROPCAR - SHARES OF COMMON STOCK OFFERED BY SELLING
SECURITYHOLDERS WILL BE ISSUED UPON CONVERSION OF SERIES H-6
PREFERRED, EXERCISE OF H-5 WARRANTS
    * DROPCAR - CO ARE NOT SELLING ANY SECURITIES UNDER
PROSPECTUS AND
WILL NOT RECEIVE ANY OF PROCEEDS FROM SALE OF SECURITIES BY
SELLING SECURITYHOLDERS

Source text: (https://bit.ly/2tDJvT8)
Further company coverage:  DCAR.O 

 ((Reuters.Briefs@thomsonreuters.com;))