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Pharma Investments, Ventures & Law Weekly

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MedClean Technologies, Inc.



MedClean Technologies, Inc. Announces Private Offer to Exchange Warrants



June 7th, 2009

MedClean Technologies, Inc. (BULLETIN BOARD: MCLN) announced that it has commenced a private offer to exchange all of the Company's existing Common Stock Purchase Warrants with Initial Exercise Dates between July 11, 2008 and August 29, 2008 ("Existing Warrants") for newly issued Common Stock Purchase Warrants, with a new lower exercise price, exercisable for a lesser number shares of our common stock, par value $0.0001 per share ("Common Stock"), and without a "cashless exercise" right (the "New Warrants"). The offer to exchange is being made upon the terms and subject to the conditions set forth in the confidential offering memorandum dated May 19, 2009 and related letter of...


Source: Pharma Investments, Ventures & Law Weekly (2009-06-07)

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