MEDICAL
- Share via
Disease Detection International Inc. in Irvine said it has received $2.5 million from investors who bought shares of DDI stock by redeeming stock warrants. President H. Thad Morris said 98% of the company’s outstanding warrants have been redeemed.
Warrants are certificates that give holders the option to buy stock at a stated price. Morris said his company, which makes test kits to measure several diseases, plans to invest the proceeds from the stock sales in certificates of deposit and other short-term notes.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
