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Alpha Holdings, Inc. (kosdaq:117670) (“Alpha”), the better stockholder of OncoSec Medical Incorporated ONCS, 3.13% (“OncoSec”), with an almost 15.1% buying stake, today beatific a letter to its adolescent OncoSec stockholders in beforehand of the Company’s accessible Special Affair of Stockholders, currently appointed for January 17, 2020, advancement them to vote on the BLUE proxy agenda “AGAINST” the proposed takeover of OncoSec by China Grand Pharmaceuticals and Healthcare Holdings (“CGP”) and Sirtex Medical US Holdings, Inc. (“Sirtex”), an associate of GCP (together, “China Grand”).



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The abounding argument of the letter is set alternating beneath and can additionally be begin at www.VoteNoOncoSec.com, forth with added accompanying materials.

January 7, 2020



Dear Adolescent OncoSec Stockholders:



OncoSec’s Special Affair is approaching! In the final canicule of voting advanced of the meeting, we ask that you reflect on one simple question:

Should OncoSec abide on its accepted aisle against the China Grand Takeover…

OR

Do you accept the Aggregation would account from a new approach?

Alpha believes that your advance is in peril – OncoSec is advancing a change of ascendancy transaction with China Grand [1] that we accept undervalues the Aggregation and its approaching prospects. You can advice baffle the China Grand Takeover by voting AGAINST the transaction on the BLUE PROXY CARD.

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If you abutment Alpha’s efforts to block the China Grand Takeover and accept already voted “AGAINST” on the WHITE proxy agenda there is still time to accelerate a bulletin to the Company. Revote on the BLUE proxy agenda today!

We are acquainted that OncoSec’s Board and administration aggregation accept waged an advancing attack to win approval for the China Grand Takeover, including assorted circadian calls, e-mails and mailings to stockholders – all financed by us, the stockholders of OncoSec.

Do NOT be bamboozled by management’s acute predictions of what will appear if stockholders vote AGAINST the China Grand Takeover.

Alpha Holdings believes in OncoSec’s abiding affairs and has fabricated an another costs angle that we accept will accredit the Aggregation to accession the basic it needs to abide its operations after giving up ascendancy and capping approaching upside that should accord to OncoSec’s accepted stockholders.

Alpha has every acumen to abutment OncoSec over the continued term. We accept approved our charge to this Aggregation – and the alignment of our interests with OncoSec’s accepted stockholders – through our actions.

Please appointment www.VoteNoOncoSec.com for added advice about Alpha’s another costs angle and its action to the China Grand Takeover of OncoSec.

Now is the time to accelerate a bulletin to OncoSec by voting AGAINST the China Grand Takeover on the BLUE proxy card.

If you abutment Alpha’s efforts to block the China Grand Takeover, it is absolute important that you vote AGAINST the transaction on the BLUE proxy card.

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Remember: Amuse artlessly abandon any WHITE proxy agenda you may accept from OncoSec. Any vote on OncoSec’s WHITE proxy agenda (even a vote in protest) will abjure any beforehand proxy agenda that you accept submitted to Alpha. Furthermore, any vote on OncoSec’s WHITE proxy card, alike a vote “AGAINST” MAY ACTUALLY HELP the China Grand Takeover of OncoSec.

IT IS IMPORTANT THAT YOU VOTE AGAINST ONLY ON THE BLUE PROXY CARD AND NOT THE WHITE PROXY CARD. If you accept afield voted on the WHITE proxy agenda or crave abetment in voting your BLUE proxy card, amuse acquaintance Okapi Partners at the buzz numbers or email abode listed below.

YOUR VOTE IS IMPORTANT! VOTE “AGAINST” THE PROPOSED ONCOSEC TRANSACTION ON THE BLUE PROXY CARD TODAY

1 (212) 297-0720 (Main) 1 (888) 785-6617 (Toll-Free) Email: [email protected]

Sincerely,

Alpha Holdings

About Alpha Holdings, Inc.

Alpha Holdings, Inc. is a top-ranked Korean aggregation affianced in the design-development account and accomplishment of arrangement semiconductors, biotechnologies and thermal admixture materials. The company, aforetime accepted as Alpha Chips Corp., is headquartered in Seongnam, South Korea and was founded in 2002. Alpha is listed on the KOSDAQ Market.

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Forward-Looking Statements

All statements independent in this columnist absolution that are not acutely absolute in attributes or that necessarily depend on approaching contest are “forward-looking statements,” which are not guarantees of approaching achievement or results, and the words “anticipate,” “believe,” “expect,” “potential,” “could,” “opportunity,” “estimate,” “plan,” and agnate expressions are about advised to analyze advanced statements. The projected after-effects and statements independent in this columnist absolution that are not absolute facts are based on accepted expectations, allege alone as of the date of this columnist absolution and absorb risks that may account the absolute after-effects to be materially different. In ablaze of the cogent uncertainties inherent in the advanced statements, the admittance of such advice should not be admired as a representation as to approaching results. Alpha Holdings disclaims any obligation to amend the advice herein and affluence the adapted to change any of its opinions bidding herein at any time as it deems appropriate. Alpha Holdings has not approved or acquired accord from any third affair to use any statements or advice adumbrated herein as accepting been acquired or acquired from statements fabricated or appear by third parties.

Any approaching accretion by Alpha of balance of OncoSec would be accountable to accepted closing altitude including: the achievement of satisfactory due diligence, the access into mutually acceptable absolute agreements, the absence of any actual adverse changes in OncoSec’s business and added altitude that Alpha deems reasonable beneath the circumstances. This advice is an adumbration of Alpha’s absorption to access balance of OncoSec, however, break of absorption are not bounden agreements or commitments to purchase. Alpha may accept to acquirement more, beneath or no balance in OncoSec and OncoSec may not accede to access into any balance transaction with Alpha.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

THIS COMMUNICATION IS BEING MADE IN CONNECTION WITH A SOLICITATION OF PROXIES BY ALPHA HOLDINGS, INC. IN RESPECT OF THE PROPOSED TRANSACTION BETWEEN ONCOSEC MEDICAL INCORPORATED (“ONCOSEC”) AND DECADE DEVELOPMENTS LIMITED, A DIRECT, WHOLLY-OWNED SUBSIDIARY OF CHINA GRAND PHARMACEUTICAL AND HEALTHCARE HOLDINGS LIMITED (“CGP”), AND SIRTEX MEDICAL US HOLDINGS, INC. ONCOSEC HAS SCHEDULED A SPECIAL MEETING OF STOCKHOLDERS (THE “SPECIAL MEETING”) IN CONNECTION WITH THE PROPOSED TRANSACTION. ALPHA HOLDINGS, INC. HAS FILED A DEFINITIVE PROXY STATEMENT ON SCHEDULE 14A WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) IN CONNECTION WITH THE SOLICITATION OF PROXIES FOR THE SPECIAL MEETING. STOCKHOLDERS OF ONCOSEC ARE ADVISED TO READ ALPHA HOLDING’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS FILED WITH SEC BY ALPHA WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING INFORMATION RELATING TO THE PARTICIPANTS IN SUCH PROXY SOLICITATION. THE DEFINITIVE PROXY STATEMENT AND FORM OF “BLUE” PROXY CARD AREAVAILABLE AT NO CHARGE AT THE SECURITIES AND EXCHANGE COMMISSION’S WEBSITE AT HTTP://WWW.SEC.GOV.

[1] When we accredit to “China Grand” in this letter, we are apropos collectively to China Grand Pharmaceuticals and Healthcare Holdings (“CGP”) and Sirtex Medical US Holdings, Inc. (“Sirtex”), an associate of GCP.

View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20200107006079/en/

SOURCE: Alpha Holdings, Inc.

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Investors Bruce Goldfarb / Chuck Garske Okapi Partners 1 (212) 297-0720 Media Renée Soto / Hugh Burns / Nicholas Leasure Reevemark 1 (212) 433-4600

Copyright Business Wire 2020

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