Published on April 14, 2019
NEW YORK, April 15, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has commenced a Tender Offer (the "Offer") to facilitate the exchange of a series of its Warrants into shares of Common Stock in order to enhance its capital structure.
This Offer follows the Company's previous tender offer, which was successfully completed in mid-April with over 90% of eligible warrants exchanged.
The Offer will expire at 5:00 p.m., New York City time, on May 17, 2019, unless extended (such date and time, as the same may be extended, the "Expiration Date"). Holders of Warrants must tender their Warrants prior to the Expiration Date to receive shares of the Company's common stock. Any extension, delay, termination or amendment of the Offer will be followed as promptly as practicable by a public announcement thereof.
The Offer is subject to a number of conditions which are set forth in the Offer to Exchange. Questions regarding the Offer should be directed to the Company at (201) 258-3770, attention: Chelsea Pullano. Requests for documents should be directed to the Company.
Forward Looking Statements
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