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Biotech / Medical : ArQule, Inc. (ARQL)
ARQL 20.000.0%Jan 16 4:00 PM EST

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To: tom pope who wrote (495)4/23/2010 1:40:11 PM
From: scaram(o)uche  Read Replies (3) of 545
 
Yeah, figured out that it was the phase II data and the need for material disclosure before the meeting. Thanks!....

"Occasionally a publicly traded company is advised that it is legally required to disclose certain data or other information from a confidential abstract in advance of the public release date to satisfy requirements of the U.S. Securities and Exchange Commission or a corresponding regulatory body in a country where the company’s stock is traded (collectively, “SEC”). Generally this need arises when there is a substantial likelihood that the information would be considered by a reasonable investor in the company to have significantly altered the total mix of information made available to the investor."
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