IMCL:
For what its worth back in Jan they filed an amended S-3 for 1.7M shares. The selling stockholders are:
>>>>>>>>
Percentage of
Number of Shares To Outstanding Shares To
Number of Shares Number of Shares Be Owned After Be Owned After
Beneficially Offered By This Completion Completion of
Selling Stockholder(1) Owned(1) Prospectus(2) of Offering(3) Offering(3)
------------------------ -------- ------------- -------------- -----------
Samuel D. Waksal 1,470,583(4) 431,997(4) 1,038,586 3.8%
Harlan W. Waksal 1,245,780(5) 734,500(5) 511,280 1.9%
Robert F. Goldhammer 836,576(6) 418,000(6) 418,576 1.6%
John B. Landes 337,000(7) 135,000(7) 202,000 *
Zvi Fuks 116,500(8) 12,000(8) 104,000 *
--------------------
* Less than 1%.
edgar-online.com
The math on share counting may be devil but:
Common Stock
Being Offered.............. 1,731,497 shares.
Selling Stockholders....... Certain officers and directors of ImClone and a
member of our Scientific Advisory Board.
Common
Stock
Outstanding
as of December 31, 1998... 24,512,107 shares.
Common Stock
Outstanding After
the Offering............... 25,263,607 shares. This assumes that (1) the
Selling Stockholders exercise all their warrants
for and sell all Shares covered by this prospectus
and (2) we do not issue any new shares of our
common stock until the offering is complete.
<<<<<<<<<<
The difference between Dec 31th (24.5M) and "after the offering (25.2M) is only 700k. Where is the remainder?
Any thoughts?
C. |
