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News von heute:
Arrayit Corporation Awards $3M Stock Dividend to ARYC Shareholders
SUNNYVALE, CA / ACCESSWIRE / September 30, 2015 / Arrayit Corporation (OTCQB: ARYC), a life sciences company, announces today that the Arrayit Board of Directors has voted unanimously to issue 10,000,000 common shares of its subsidiary Avant Diagnostics (OTCQB: AVDX) to ARYC common shareholders, representing a present market value of approximately 3 million dollars. The 10,000,000 share AVDX dividend will be distributed on a pro rata basis to all ARYC shareholders of record as of the close of market today. Based on the approximately 450,000,000 common shares of ARYC currently issued, ARYC shareholders will receive approximately 0.022 shares of AVDX per share of ARYC. The company expects that the stock certificates can be distributed within approximately four weeks after September 30, 2015, pending regulatory approval of the transaction.
Arrayit's patented and proprietary microarray platform empowers scientists and doctors to decipher the human genome and proteome, elucidate pathways for major human illnesses, discover safer and more efficacious medicines, and develop methods to detect food-borne pathogens to enhance food safety. The company has leveraged its platform to develop the OvaDx(R) Pre-Symptomatic Ovarian Cancer Test as an aid to monitor women diagnosed with ovarian cancer. OvaDx(R) is a proteomic microarray that detects ovarian cancer auto-antibodies present in patient sera with high sensitivity and specificity. OvaDx(R) will be marketed and sold by Avant Diagnostics upon 510(k) FDA approval.
News von heute:
Arrayit Corporation Awards $3M Stock Dividend to ARYC Shareholders
SUNNYVALE, CA / ACCESSWIRE / September 30, 2015 / Arrayit Corporation (OTCQB: ARYC), a life sciences company, announces today that the Arrayit Board of Directors has voted unanimously to issue 10,000,000 common shares of its subsidiary Avant Diagnostics (OTCQB: AVDX) to ARYC common shareholders, representing a present market value of approximately 3 million dollars. The 10,000,000 share AVDX dividend will be distributed on a pro rata basis to all ARYC shareholders of record as of the close of market today. Based on the approximately 450,000,000 common shares of ARYC currently issued, ARYC shareholders will receive approximately 0.022 shares of AVDX per share of ARYC. The company expects that the stock certificates can be distributed within approximately four weeks after September 30, 2015, pending regulatory approval of the transaction.
Arrayit's patented and proprietary microarray platform empowers scientists and doctors to decipher the human genome and proteome, elucidate pathways for major human illnesses, discover safer and more efficacious medicines, and develop methods to detect food-borne pathogens to enhance food safety. The company has leveraged its platform to develop the OvaDx(R) Pre-Symptomatic Ovarian Cancer Test as an aid to monitor women diagnosed with ovarian cancer. OvaDx(R) is a proteomic microarray that detects ovarian cancer auto-antibodies present in patient sera with high sensitivity and specificity. OvaDx(R) will be marketed and sold by Avant Diagnostics upon 510(k) FDA approval.
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