CAPRICOR THERAPEUTICS, INC. | 2013 | FY | 3

The following schedule represents warrant activity for the year ended December 31, 2013:
 
 
 
Warrants
 
Weighted Average Exercise Price
 
Outstanding at January 1, 2013
 
1,733,599
 
$
3.38
 
Cancelled
 
(1,733,599)
 
 
3.38
 
Assumed from merger
 
81,237
 
 
63.33
 
Granted
 
251,044
 
 
2.27
 
Outstanding at December 31, 2013
 
332,281
 
$
17.20
 

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