Maxim Message Board - Msg: 12668765

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Biotech / Medical : Maxim

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To: WTDEC who wrote (11)	1/25/2000 8:44:00 AM
From: biowa	Read Replies (1) of 24

Walter, SAN DIEGO--(BW HealthWire)--Jan. 25, 2000--Maxim Pharmaceuticals Inc. (AMEX:MMP)(SSE:MAXM) today announced the filing of a registration statement with the Securities and Exchange Commission for an offering of 2.5 million shares of its common stock.<snip> J.P. Morgan & Co. is acting as lead manager for this offering. Prudential Vector Healthcare Group, a unit of Prudential Securities, and Aragon Securities AB are acting as co-managers.<snip> Looks like more confirmation that the window is open. They've had a pattern of doing private convertibles and then converting them, now they're going directly to the public market. If the market responds as it has over the last several weeks, forget about dilution effect. Sidebar: Folks at Chase H&Q can't be too happy about this one getting away. biowa

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