ARTICLE | Financial News
Novelos financial update
August 31, 2009 7:00 AM UTC
Novelos issued 2.1 million shares to warrant holders in exchange for five-year warrants issued in a March 2006 private placement to purchase 6.9 million shares at $1.82. Novelos, which closed at $0.80 on Friday, has 49.3 million shares outstanding. ...