New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:04 EDTCLSN, HTGCCelsion closes second $5M tranche under Hercules Loan Facility Agreement
Celsion (CLSN) announced that it has closed the second $5M tranche under its $20M Loan and Security Agreement dated as of November 25, 2013 with Hercules Technology (HTGC). The proceeds will be used to fund the $3.4M upfront cash payment associated with Celsion's acquisition of EGEN, which was announced separately today, as well as Celsion's transaction costs associated with the EGEN transaction. Upon the closing of this second tranche, Celsion has drawn down a total of $10M under the November 25, 2013 agreement with Hercules. The funding is in the form of secured indebtedness bearing interest at a floating prime-based variable rate. In conjunction with the November 2013 loan agreement, Celsion issued Hercules a warrant exercisable for a total of 194,986 shares of Celsion's common stock at a per share exercise price of $3.59, with 50% immediately exercisable and the remaining 50% exercisable upon Hercules' funding of this $5M draw-down. The Hercules Warrant will expire November 25, 2018.
News For CLSN;HTGC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 5, 2015
07:29 EDTHTGCHercules Technology shares oversold, says Wells Fargo
Subscribe for More Information
March 4, 2015
16:22 EDTHTGCHercules Technology announces $50M share repurchase program
Hercules Technology announced that its Board of Directors has approved a $50M share repurchase program. Hercules expects that the share repurchase program will be in effect until August 24, or until the approved dollar amount has been used to repurchase shares.
March 3, 2015
12:19 EDTHTGCHercules Technology downgraded to Hold from Buy at BB&T
10:01 EDTHTGCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
08:59 EDTHTGCHercules Technology downgraded to Market Perform at Keefe Bruyette
Subscribe for More Information
March 2, 2015
18:24 EDTHTGCHercules Technology reports Q4 distributable NOI 29c, consensus 30c
Subscribe for More Information
February 23, 2015
08:10 EDTCLSNCelsion announces survival data from HEAT study of ThermoDox
Subscribe for More Information
February 20, 2015
08:01 EDTCLSNCelsion presents clinical data for GEN-1 IL-12 immunotherapy
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use