GelTech Solutions, Inc. Warrant Offer Letter to Warrant Holders (August 2012)
GelTech Solutions, Inc. is offering its warrant holders the opportunity to exercise their warrants to purchase company shares at a reduced price of $0.50 per share if exercised for cash by September 30, 2012. To participate, holders must notify the company by email by 5:00 p.m. on the offer end date and ensure the company receives payment, the original warrant, and the exercise form within three business days after the deadline.
Exhibit 10.1
FORM OF WARRANT OFFER LETTER
August 24, 2012
Dear GelTech Solutions, Inc. Warrant Holder:
We are writing to you as the holder of warrants to purchase shares of GelTech Solutions, Inc. (the “Company”). If you exercise your warrants for cash at any time through September 30, 2012 (the “Offer End Date”), the Company will reduce your exercise price to $0.50 per share. You may exercise your warrants by providing email notification by 5:00 p.m. on the Offer End Date. The Company must receive your good funds, original warrant and warrant exercise form within three business days following the Offer End Date.
If you have any questions, please call Michael Hull or me at ###-###-####.
Sincerely yours,
Michael Cordani
Chief Executive Officer
