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Biotech / Medical : CVTX - CV Therapeutics, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: mopgcw who wrote (83)7/4/2003 12:57:12 AM
From: mopgcw  Read Replies (1) | Respond to of 411
 
CV Therapeutics Inc (NasdaqNM: CVTX) filed an 8-K on 7/3, in which the Company
reported that on July 3, 2003, it entered into an equity line of credit
arrangement with Acqua Wellington North American Equities Fund, Ltd.


Specifically, the Company entered into a common stock purchase agreement
with Acqua Wellington, which provides that Acqua Wellington is committed to
purchase up to $100,000,000 of shares of the Company's common stock, or the
number of shares which is one less than twenty percent of the issued and
outstanding shares of the Company's common stock as of July 3, 2003, whichever
occurs first, over the 28-month term of the purchase agreement.