Cellectar Biosciences, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2012

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 December 31, 2012.

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

November 2012 Private Placement		2,000,000	$	1.00	January 31, 2013
November 2012 Private Placement		1,000,000	$	1.25	November 2, 2017
June 2012 Public Offering		2,981,440	$	1.25	June 13, 2017
December 2011 Underwritten Offering		9,248,334	$	0.60	December 6, 2016
April 2011 Private Placement		6,058,811	$	0.75	March 31, 2016
Legacy warrants (1)		27,310	$	0.60	July 27, 2015
Legacy warrants		105,040	$	16.065	July 27, 2015
Legacy warrants		91,524	$	99.45-100.98	December 31, 2015

Total		21,512,459

(1) The exercise prices of these warrants are subject to adjustment for “down-rounds” and the warrants have been accounted for as derivative instruments as described in Note 3.

Reserved For Future Issuance Upon Exercise Of Stock Options and Warrants Or Conversion Of Debt [Table Text Block]

The following shares were reserved for future issuance upon exercise of stock options and warrants:

	December 31,
	2012		2011

Warrants		21,512,459		17,403,989
Stock options		6,439,188		4,827,638

Total number of shares reserved for future issuance		27,951,647		22,231,627

- 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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