Navigation Links
clickNsettle.com, Inc. and Cardo Medical, LLC Announce Merger Agreement
Date:6/19/2008

MIAMI and LOS ANGELES, June 19 /PRNewswire-FirstCall/ -- Cardo Medical, LLC, a company engaged in the development of orthopedic medical devices, and clickNsettle.com, Inc. (OTC Bulletin Board: CKST), a publicly-traded company with no active operations, have signed a merger agreement pursuant to which Cardo Medical will become a wholly owned subsidiary of clickNsettle. After the merger is completed, clickNsettle will be renamed Cardo Medical, Inc., and will be headquartered in Los Angeles. The merger is expected to close in the third quarter of 2008, and the company intends thereafter to apply to have its shares listed on the American Stock Exchange (AMEX).

Simultaneously with the signing of the merger agreement, Dr. Phillip Frost, former chairman and chief executive officer of IVAX Corporation, and others invested $9.5 million in Cardo Medical. Certain other investors will make up to an additional $4 million investment in Cardo Medical before the merger is consummated. Proceeds from these investments are expected to be used to close on the acquisition of the outstanding equity interests of three partially owned subsidiaries of Cardo Medical, and to enable Cardo Medical to accelerate its research and product development. Following such acquisitions, Cardo Medical will directly and indirectly own 100% of the equity interests of Accelerated Innovation, LLC, Cervical Xpand, LLC and Uni-Knee, LLC.

Under the terms of the merger agreement, it is expected that clickNsettle shareholders will own approximately 5.56% of the combined company on a fully diluted basis upon consummation of the merger. The current holders of Cardo Medical's membership interests will own between 64.44% and 66.67% of clickNsettle following the merger, and the new investors in Cardo Medical will own between 27.78% and 30.0% of clickNsettle following the merger, in each case, depending on the total amount of the investment in Cardo Medical prior to the merger. The merger is subject
'/>"/>

SOURCE clickNsettle.com, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Medical, technological advances prompt updating of nuclear medicine technologists scope of practice
2. Cardiva Medical, Inc. to Present at the UBS 2007 Global Life Science Conference With the Announcement of FDA 510(K) Clearance of its Newest Device: The Boomerang Catalyst II System(TM)
3. Cardiva Medical, Inc. to Present at the UBS 2007 Global Life Science Conference With the Announcement of FDA 510(K) Clearance of its Newest Device: The Boomerang Catalyst II System(TM)
4. Thermage, Inc. Announces Distribution Agreement With Eclipse Medical, Ltd.
5. Medical, Behavioral Woes Can Drive Dogs to Bite
6. ReBuilder Medical Technologies, Inc. Announces UK Demand for Safe Molluscum Contagiosum Treatment Leads to Distribution Agreement with UFFE Medical, LTD. Expected 10% Sales Increase.
7. Sedgwick CMS and UnitedHealth Group to Develop Integrated Disability, Medical, Workers Compensation and Leave Administration Services for Employers
8. Emmaus Medical, Inc. Enters Into Sub-License Agreement for Treatment of Short Bowel Syndrome
9. XCPT(TM) Patient Engagement and Communication Software Signs Representation Agreement with Lifecore Biomedical, Inc. (Nasdaq: LCBM)
10. Gary Tschautscher of Nonin Medical, Inc. Receives CEO of 2007 for North American Patient Monitoring From Frost & Sullivan
11. Cardiva Medical, Inc. Appoints Two New Officers: Malcolm Farnsworth as Vice President of Finance and Chief Financial Officer and Tara Zerby as Vice President of Business Development and Marketing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/22/2014)... August 22, 2014 The New Jersey ... at Rutgers, the State University of New Jersey has ... children’s media organization, to educate young people about health ... on the strengths of both organizations. , The partnership ... health communications fellowship program, and video communications. ChopChop ...
(Date:8/22/2014)... Dennis Thompson ... News) -- The two American health-care workers infected with ... in West Africa have been released from the Atlanta ... weeks, officials said Thursday. Dr. Kent Brantly, 33, ... Nancy Writebol left the hospital Tuesday. Her family said ...
(Date:8/22/2014)... The leather seat covers provided by Lseat.comare meticulously ... customers’specific product needs. Recently, the company has unveiled its latest ... The company wants to provide worldwide clients with more high ... industry for a long time. According to the company’s sales ... rates. Among all the new products, Chevrolet Camaro leather ...
(Date:8/22/2014)... (PRWEB) August 22, 2014 Lincolnshire Marriott ... their meetings with a tap, announcing Marriott’s new iPad ... take advantage of this exclusive offer will receive a ... and set up the day’s agenda with ease. Marriott’s ... make on-the-fly changes and connect with their group with ...
(Date:8/22/2014)... 22, 2014 Minorities in Orange and Los ... comes to mental health and recovery from trauma. Casa de ... the gap between local minorities and the help they need. ... by making the connection between mental and physical health. , ... at their fitness boot camp, located at 16560 Harbor Blvd., ...
Breaking Medicine News(10 mins):Health News:New Jersey Institute for Food, Nutrition & Health to Launch Innovative Partnership with Award-Winning Children’s Anti-Obesity Organization, ChopChop Kids 2Health News:New Jersey Institute for Food, Nutrition & Health to Launch Innovative Partnership with Award-Winning Children’s Anti-Obesity Organization, ChopChop Kids 3Health News:Both U.S. Health-Care Workers Infected With Ebola Released From Hospital 2Health News:Both U.S. Health-Care Workers Infected With Ebola Released From Hospital 3Health News:Custom 1993-1996 Chevrolet Camaro Leather Seat Covers Now for Sale at Lseat.com 2Health News:Lincolnshire Marriott Resort Offers iPad Mini for Chicago Meeting Planners 2Health News:Fountain Valley Fit Body Boot Camp Announces Fitness Boot Camp Fundraising Event for Casa de Familia 2Health News:Fountain Valley Fit Body Boot Camp Announces Fitness Boot Camp Fundraising Event for Casa de Familia 3
... to get the right information about product,risks and ... MEETING, Pa., June 4 ECRI,Institute, (http://www.ecri.org ... approaches to improving patient care, has enhanced its,Alerts ... coverage of healthcare products and new alert filters., ...
... 4 Unilens Vision Inc. (OTC,Bulletin Board: ... manufactures, distributes and markets specialty contact lenses,today ... Unilens GP (Gas Permeable),products., Unilens, known ... Lens,Company", continues its tradition of providing outstanding ...
... MOUNTAINSIDE, N.J., June 4 L&M Healthcare,Communications LLC, ... of a new full-service Midwest office in Milwaukee,Wis. ... President, Client Services., These enhancements allow L&M ... meet the needs of their growing client,portfolio. Todd ...
... WASHINGTON, June 4 As talk of ... sales bring up,worries about the nation,s economic health, ... are stressed and anxious about,their financial future. An ... that,two-thirds (66 percent) of Americans identify the economy ...
... AstraZeneca (NYSE: AZN) today announced that it submitted ... Food and Drug Administration (FDA) for approval of a ... for the long-term maintenance treatment of asthma in pediatric ... currently approved for the long-term maintenance treatment of asthma ...
... in two health surveys carried out a year apart admitted ... latest Journal of Advanced Nursing. , Thirteen per cent admitted ... a further five per cent reported problems in both surveys. ... to report multiple psychological problems and health complaints. , ...
Cached Medicine News:Health News:ECRI Institute's Alert and Recall Management System Expands Effectiveness with New Content and Filters 2Health News:Unilens Vision Announces New Policies Aimed at Increasing Eye Care Professionals Profitability 2Health News:L&M Healthcare Communications LLC Expands With Hiring of New Executive Staff & Opening of Midwest Office 2Health News:Economy and Money Top Causes of Stress for Americans 2Health News:Economy and Money Top Causes of Stress for Americans 3Health News:AstraZeneca submits an sNDA for Symbicort for treatment of asthma in children as young as 6 2Health News:Nearly 1 in 5 teenagers admit eating problems, but anxiety is a bigger problem than appearance 2
(Date:8/22/2014)... 2014  - MediaLINC ... Today Lincor announced general availability of MediaLINC ... a range of education, entertainment and clinical content direct ... http://photos.prnewswire.com/prnh/20140822/702945) , " Lincor has ... patient engagement to bedside smart devices, " comments ...
(Date:8/22/2014)... , Aug. 22, 2014  Landauer, Inc. (NYSE: ... environmental radiation measurement and monitoring, outsourced medical physics services ... William E. Saxelby , its President and Chief ... Chief Executive Officer and as a member of the ... He will be replaced on an interim basis by ...
(Date:8/22/2014)... , Aug. 22, 2014  WaferGen Bio-systems, Inc. ... public offering of units of common stock and warrants ... proceeds of $20 million, prior to deducting underwriting discounts ... The shares and warrants are immediately separable and will ... expected to begin trading on The NASDAQ Stock Market ...
Breaking Medicine Technology:Lincor Unveils Next Generation TV-based Patient Engagement Solution 2Landauer, Inc. Announces Executive Management Change 2WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 2WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 3WaferGen Bio-Systems Announces Pricing of $20 Million Underwritten Offering and Uplisting to NASDAQ 4
... Dec. 29, 2010 Reportlinker.com announces that a new ... Mammography World Markets ... poised for a major new phase of growth fueled ... the computer and digital areas and the higher interest ...
... (Nasdaq: OMER ), a biopharmaceutical company ... on inflammation and disorders of the central nervous ... clinical trial of OMS201, the Company,s urological PharmacoSurgery™ ... an anti-inflammatory agent and a smooth muscle relaxant, ...
Cached Medicine Technology:Reportlinker Adds Mammography World Markets 2Omeros Announces Positive Clinical Results of OMS201 in Patients Undergoing Ureteroscopy 2Omeros Announces Positive Clinical Results of OMS201 in Patients Undergoing Ureteroscopy 3
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: