ArborGen Announces Repurchase of Warrants

Thu, 04 May 2023

ArborGen Holdings Limited has repurchased all outstanding warrants for its subsidiary, ArborGen Inc., for US$1.35 million.

This repurchase relates to ArborGen Inc.'s acquisition of the assets of CellFor Inc. in 2012.

The purchase price reflects a significant discount and provides holders of the warrants with immediate liquidity.

Following the repurchase, ArborGen Holdings' effective economic interest in ArborGen Inc. will increase from 95% to 100%.

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