Liquidmetal Technologies Announces Expiration of 30 million warrants
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jul. 21, 2015--
Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the world’s
leading developer of amorphous alloys announced the expiration of
approximately 30 million warrants as of July 15, 2015.
Primarily all of the warrants to purchase 29,779,557 shares of the
Company’s common stock were issued in connection with the issuance of
convertible preferred stock back in 2009. Such warrants had exercise
prices ranging between $0.48 and $0.49, and none of them was previously
exercised. Detail disclosures related to these warrants will be
disclosed in the upcoming 2015 second quarter 10Q filing.
About Liquidmetal Technologies
Liquidmetal Technologies, Inc. is the leading developer of amorphous
alloys that utilize the performance advantages offered by amorphous
alloy technology. Amorphous alloys are unique materials that are
distinguished by their ability to retain a random structure when they
solidify, in contrast to the crystalline atomic structure that forms in
ordinary metals and alloys. Liquidmetal Technologies is the first
company to produce amorphous alloys in commercially viable bulk form,
enabling significant improvements in products across a wide array of
industries. For more information, go to www.liquidmetal.com.
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Source: Liquidmetal Technologies, Inc.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
1-949-635-2120
otis.buchanan@liquidmetal.com
