RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--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.