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Spectrascience

This article was originally published in The Gray Sheet

Executive Summary

Receives $2.05 mil. in new funds after its Feb. 3 extension of common stock purchase warrants. Including warrants exercised prior to the extension, the firm received a total of $3.3 mil. Shareholders exercised approximately 65% of the warrants, which were issued in connection with a February 1992 $4 mil. equity financing.
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