SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS)
KDUS 1.6000.0%Jul 2 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (404)11/14/2000 10:03:56 PM
From: scaram(o)uche  Read Replies (1) of 1833
 
As we've discussed, SC 13D/A filed today (BMY)......

Item 4. Purpose of Transaction.

The Company acquired the Common Stock of the Issuer for the
purpose of making an investment in the Issuer and not with the view to, or for
resale in connection with, any distribution thereof. The Common Stock of the
Issuer was initially acquired in connection with a research collaboration
between the Company and the Issuer which expired in July 1999.

The Company and the Issuer are parties to a letter agreement
(the "Letter Agreement") concerning the Company's shares of the Common Stock.
Such Letter Agreement is filed as an exhibit hereto and is incorporated herein
by reference. The Letter Agreement includes certain notice requirements and
transfer restrictions with respect to the Company's shares of the Common Stock.
Subject to market conditions and the Letter Agreement, the Company may, in its
sole discretion, sell all or a portion of its shares of Common Stock from time
to time in open market transactions or otherwise.

Item 5. Interest in Securities of the Issuer.

To the best knowledge of the Company, the Company is the
beneficial owner of 1,927,673 shares of Common Stock of the Issuer or
approximately 14.6% of the Common Stock of the Issuer currently outstanding. The
Company has the sole power to vote and dispose of all the shares of the Common
Stock of the Issuer which it owns.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News