Registration Statement Declared Effective for the Resale of Incyte's 3 1/2% Convertible Senior Notes Originally Issued in September 2006.WILMINGTON, Del. -- Incyte Corporation (Nasdaq:INCY) today announced that the Securities and Exchange Commission has declared effective its registration statement on Form S-3 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales. RESALE. of $151.8 million principal amount of its 3u% Convertible Senior Notes due 2011 and the shares of its common stock issuable upon conversion of the notes. The notes were originally issued in a private placement in September, 2006. Incyte will not receive any proceeds from any resale by the selling securityholders of the notes or the shares of common stock issuable upon conversion of the notes. This press release does not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. Any offers of the securities will be made only by means of a prospectus. About Incyte Incyte Corporation is a Wilmington, Delaware-based drug discovery and development company with a growing pipeline of novel oral compounds to treat oncology oncology /on·col·o·gy/ (ong-kol´ah-je) the sum of knowledge regarding tumors; the study of tumors. on·col·o·gy n. , inflammation, HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. and diabetes. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion