Organovo Holdings Inc (PINK:ONVO) Redeeming Outstanding Warrants

Las Vegas, NV -- (SBWIRE) -- 02/20/2013 -- Organovo Holdings Inc (PINK:ONVO) has recently confirmed their plan for converting two classes of outstanding warrants.

The company has given deadline of March 14 this year until when the redemption can be exercised by warrant holders. Outstanding warrants can be cashed at $1.00 per share.

Organovo Holdings Inc has announced that the outstanding warrants left un-exchanged will be redeemed by the company. The company will redeem warrants at $0.0001 price per share.

Organovo Holdings estimates that there are around 2.4 million warrant shares outstanding that will be impacted by the Notice.

Organovo Holdings, Inc. (Organovo), previously Real Estate Restoration & Rental, Inc., produces 3D tissues of human body. These tissues can be engaged in drug innovation and manufacturing, organic research, and as healing to treat injured tissues and organs.

To find out what OTCMAGIC projects for Organovo Holdings Inc for both short term and long term please click here: ONVO

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