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Monday, December 24, 2018

Adial Pharmaceuticals retires all outstanding debt


Adial Pharmaceuticals (NASDAQ:ADILannounces that the holder of the sole remaining, outstanding convertible note has fully converted the balance of the note into common shares of the Company.
As previously reported, the convertible note had a face value of $325,000 and was convertible into 162,500 shares of common stock.
Shares are down 9% premarket.

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