Brief: Updated Ocean Biomedical Announces Non-Dilutive Amendment To Existing Agreement With Polar Multi-Strategy Master Fund
04/10/2023 23:04
Oct 4 (Reuters) - Ocean Biomedical Inc OCEA.O :
* UPDATED: OCEAN BIOMEDICAL ANNOUNCES NON-DILUTIVE AMENDMENT
TO
EXISTING AGREEMENT WITH POLAR MULTI-STRATEGY MASTER FUND
* OCEAN BIOMEDICAL INC: SIDE LETTER PROVIDES FOR AN $8.00
PER
SHARE RESET PRICE
* OCEAN BIOMEDICAL INC: DID NOT PAY POLAR ANY NEW FEE OR
PROVIDE
ANY OTHER NEW CONSIDERATION FOR ENTERING INTO SIDE LETTER
* OCEAN BIOMEDICAL INC: SIDE LETTER DID NOT RESULT IN A
DILUTIVE
OFFERING
Source text for Eikon: ID:nGNX36QntB
Further company coverage: OCEA.O
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