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Concurrently With all the execution of your securities buy agreement, Vor Bio along with the traders entered into a registration rights agreement pursuant to which Vor Bio has agreed to file a registration statement With all the Securities and Exchange Fee registering the resale of the shares of widespread stock plus the shares of popular inventory issuable on the work out of warrants issued during the PIPE.
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838 and should be exercised Anytime on or following the closing day and thru the seventh anniversary of your closing day. The mixed value for each share and accompanying warrant was situated in portion upon the last noted sale price of the common inventory to the Nasdaq World wide Pick out Market place. If exercised for cash, the warrants would cause more gross proceeds to Vor Bio of nearly close to $fifty eight.five million.
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Vor Bio is actually a scientific-stage mobile and genome engineering organization that aims to change the typical of care for people with blood cancers by engineering hematopoietic stem cells to allow qualified therapies put up-transplant.
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In almost any circumstance whereby the town of La or any board, officer or staff thereof, by constitution or ordinance, is granted or has the ability or duty to repair the level of, or to approve, any bond required to be presented by any person to the City of L. a. or any board, officer or personnel thereof, the explained Metropolis of La or any board, officer or worker could accept therefore bond, and in lieu of any other bond an agreement of indemnity accompanied by a Actual physical deposit of cash in significantly the next form and fashion:
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(b) This kind of human being so necessary to furnish a bond or deal of indemnity shall, contemporaneously Along with the generating of claimed deposit, execute and provide to town an agreement in crafting, matter to the approval of the chance Supervisor, confirming reported deposit and conditioned as demanded in the situation from the bond;
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