The Puerto Rico Warrant Agreement of Immunomedics, Inc. is a legal contract that allows the holder to purchase shares of common stock issued by Immunomedics, Inc. The agreement is specifically applicable to investors located in Puerto Rico and outlines the terms and conditions under which the warrants can be exercised. Immunomedics, Inc. is a biopharmaceutical company based in the United States, specializing in the development and commercialization of innovative antibody-based therapies for the treatment of cancer. The Puerto Rico Warrant Agreement enables Puerto Rican investors to participate in the growth potential of the company by purchasing additional shares of its common stock. The agreement can be further classified into two types: Equity Warrants and Callable Warrants. 1. Equity Warrants: These warrants provide the holder with the right to purchase shares of Immunomedics, Inc.'s common stock at a predetermined price, known as the exercise price. Equity warrants typically have a fixed expiration date, after which they become null and void. Puerto Rican investors who possess Equity Warrants can exercise their right to purchase shares within the agreed-upon timeframe. 2. Callable Warrants: Callable warrants are similar to equity warrants, with one key difference — they can be "called" back by Immunomedics, Inc. Callable warrants can be redeemed by the company under specified circumstances, such as when the stock price reaches a predetermined level or during a specific period. The redemption or call price is usually higher than the exercise price. Puerto Rican holders of Callable Warrants should be aware that their warrants could be redeemed by the company and may need to carefully consider the terms of the agreement. Investors in Puerto Rico can obtain the Puerto Rico Warrant Agreement of Immunomedics, Inc. through authorized financial institutions or through direct contact with the company's investor relations department. It is important for potential investors to carefully review and understand the terms and conditions of the agreement before making any investment decisions. By participating in the Puerto Rico Warrant Agreement, investors from Puerto Rico have the opportunity to support Immunomedics, Inc.'s growth initiatives and potentially benefit from any future appreciation in the company's stock price. However, it is advised that investors consult with a financial advisor or legal expert to fully comprehend the risks involved and to assess the suitability of such an investment based on their financial goals and risk tolerance.