Cellectar Biosciences, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

The following table summarizes information with regard to outstanding warrants to purchase common stock as of March 31, 2016.

	Number of Shares
	Issuable Upon
	Exercise of
	Outstanding		Exercise
Offering	Warrants		Price		Expiration Date

October 2015 Private Placement ⁽¹⁾		150,003	$	28.30	April 1, 2021
October 2015 Registered Offering ⁽²⁾		48,274	$	—	October 1, 2020
October 2015 Offering – Placement Agent		3,750	$	28.30	October 1, 2020
August 2014 Public Offering ⁽¹⁾		504,019	$	46.80	August 20, 2019
February 2013 Public Offering ⁽¹⁾		55,000	$	22.00	February 20, 2018
February 2013 Public Offering – Placement Agents		3,854	$	125.00	February 4, 2018
November 2012 Private Placement		5,000	$	250.00	November 2, 2017
June 2012 Public Offering		14,910	$	250.00	June 13, 2017
December 2011 Underwritten Offering		46,246	$	120.00	December 6, 2016
Total		831,056

(1)

These warrants have a certain type of cash settlement feature or their exercise prices are subject to adjustment for “down-rounds” and the warrants have been accounted for as derivative instruments as described in Note 3, with the exception of 9,704 warrants issued in August 2014.

(2)

These warrants are pre-funded, and the number of shares for which the warrant may be exercised are subject to adjustment for “down-rounds” and the warrants have been accounted for as derivative instruments as described in Note 3.

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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