Navigation Links
Technest Holdings, Inc. to Acquire AccelPath, LLC; Issue Contingent Value Rights to Common Stockholders; and Issue Shares of Its Series E 5% Convertible Preferred Stock
Date:1/14/2011

) contingent value right (a "CVR") for each share of Technest common stock outstanding as of such record date, which shall entitle the holders thereof to receive a pro rata share of the payment that may be received by Technest pursuant to the Settlement Agreement, less certain expenses that will be deducted from such payment.   The CVR will be distributed on February 2, 2011. Once distributed, the CVR will not be certificated and will not be transferable other than under limited circumstances. If the conditions to the receipt of the payment under the Settlement Agreement are achieved, Technest estimates that the cash payment will be approximately $0.09 per CVR. A rights agent has been engaged to disburse the net proceeds, if any, from the Settlement Agreement to the CVR holders.

The distribution of the CVRs to the current shareholders of Technest is considered a return of capital and the Financial Industry Regulatory Authority, Inc. ("FINRA") will now likely establish an ex-dividend date.  An ex-dividend date is the date on or after which a security is traded without the right to receive a specific dividend or distribution.  FINRA normally establishes the ex-dividend date to be two business days before the record date.  However, in some instances, FINRA sets the ex-dividend date as the first business day after the distribution date (which is after the record date).  If the ex-dividend date is after the record date, any shares of Technest common stock outstanding on the record date that are traded after the record date but before the ex-dividend date will be traded with the right to receive the CVRs.  Shares of Technest common stock traded on or after the ex-dividend date shall be traded without the right to receive the CVRs.

Also as part of the AccelPath transaction, Technest entered into a definitive securities purchase agreement to issue 300 shares of its Series E 5% Convertible Preferred Stock to Southridge Partners II,
'/>"/>

SOURCE Technest Holdings, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine technology :

1. Hill-Rom Holdings, Inc. Hosts Fiscal 2011 First Quarter Earnings Webcast
2. Bacterin International Holdings, Inc. Reports Third Quarter 2010 Financial Results
3. China Pharma Holdings, Inc. Reports Third Quarter 2010 Financial Results
4. Bacterin International Holdings, Inc. Schedules Conference Call to Present Third Quarter 2010 Financial Results
5. Hill-Rom Holdings, Inc. Invites You to Join Its Fiscal 2010 Fourth Quarter Earnings and 2011 Financial Guidance Webcast
6. Bacterin International Holdings, Inc. to Present at the 6th Annual Fall Growth Stock Conference Hosted by Security Research Associates, Inc.
7. Lixte Biotechnology Holdings, Inc. Announces the Approval of a Collaboration with the National Cancer Institute for Clinical Evaluation of its Lead Anti-Cancer Compound, LB-100.
8. China Pharma Holdings, Inc. to Report Second Quarter 2010 Financial Results on August 10, 2010
9. Clayton, Dubilier & Rice and GS Capital Partners Announce Acquisition of HGI Holdings, Inc., a Leading Medical Supplies Distributor
10. Mastech Holdings, Inc. to Discuss Second Quarter 2010 Financial Results on July 28, 2010
11. Bacterin International Holdings, Inc. Completes Merger and $7.5 Million Raise
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/28/2014)... Aug. 28, 2014  Decision Resources Group finds that the ... around $7.7 billion by 2023 in the United ... Germany , Italy , ... and Japan . The biosimilar erosion of ... balanced out by the launch of Eli Lilly,s Cyramza, Taiho ...
(Date:8/28/2014)... 2014 Levi & Korsinsky announces that a ... States District Court for the District of ... Galectin Therapeutics Inc. ("Galectin" or the "Company") (NasdaqCM: GALT) ... For more information, click here: http://zlk.9nl.com/galectin-therapeutics-galt ... Class Period the Company violated federal securities laws by ...
(Date:8/28/2014)... Nonin Medical, Inc., the inventor of finger pulse oximetry ... that the Food and Drug Administration (FDA) has cleared ... use in the United States . ... or kiosk through a USB connector and measures oxygen ... The Model 3231 received EU certification last year. ...
Breaking Medicine Technology:The Colorectal Cancer Market Will Remain Steady at $7.7 Billion by 2023, With Biosimilar Erosion Of Key Agents Being Balanced Out By the Launch Of Premium-Priced Therapies 2SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Galectin Therapeutics Inc. and Its Board of Directors and a Lead Plaintiff Deadline of September 29, 2014 -- GALT 2Nonin Medical Announces FDA Clearance of Nonin Model 3231 USB Pulse Oximeter 2
... 15, 2012 Senior representatives from leading pharmaceutical ... Novartis MIT will meet at the Pharma Qbd Forum in ... to share their expert knowledge on how Quality by Design ... the main points of discussion will be the findings of ...
... Feb. 14, 2012  At a meeting held today, the Directors ... per share. The dividend is payable on March 15, 2012 ... About Sigma-Aldrich :  Sigma-Aldrich ... High Technology company whose biochemical, organic ...
Cached Medicine Technology:Understand the Lessons Learned from the FDA QbD Pilot Programme - Case Study Merck Serono 2
(Date:8/28/2014)... Toronto, Ontario (PRWEB) August 28, 2014 ... and supply company in North America, today announced the ... that makes doing business with Canadian Linen even ... tool allows customers to access account information online and ... new customer portal include the ability to:, ...
(Date:8/28/2014)... Parker Waichman LLP, a national personal ... to ensure that the heroes of 9/11 are never ... WTC victims who developed 9/11-related cancer was reaffirmed by ... (GAO). According to a statement issued by 9/11 ... entitled “World Trade Center Health Program: Approach Used to ...
(Date:8/28/2014)... Watertown, MA (PRWEB) August 28, 2014 ... , is delighted to present its new Kids’ Share, which ... Share will encourage kids (and their parents) to get into ... their very own vegetable share. Each week the Kids’ Share ... fabulous veggies, shares will include activities for kids, recipes from ...
(Date:8/28/2014)... 2014 Clarity PSO , an ... as a federal Patient Safety Organization (PSO) for another ... Healthcare Research and Quality (AHRQ). Clarity PSO will continue ... services following the true intentions of the Patient Safety ... are proud and eager to continue our journey as ...
(Date:8/28/2014)... 2014 (HealthDay News) -- Having greater amounts of yellow ... see distant objects in hazy conditions, a new study ... researchers simulated hazy conditions in order to test the ... pigment (also called macular pigment) in their eyes. ... which represents accumulations of the nutrients lutein and zeaxanthin, ...
Breaking Medicine News(10 mins):Health News:Canadian Linen and Uniform Service Launches New Customer Portal 2Health News:Canadian Linen and Uniform Service Launches New Customer Portal 3Health News:GAO Report Reaffirms Decision to Add Cancers to List of Illnesses Covered under the Zadroga Act, Parker Waichman LLP Comments 2Health News:GAO Report Reaffirms Decision to Add Cancers to List of Illnesses Covered under the Zadroga Act, Parker Waichman LLP Comments 3Health News:Kids Don't Have to Share Their Vegetables, Thanks to Siena Farms, ChopChop Magazine & Chef Ana Sortun 2Health News:Kids Don't Have to Share Their Vegetables, Thanks to Siena Farms, ChopChop Magazine & Chef Ana Sortun 3Health News:Kids Don't Have to Share Their Vegetables, Thanks to Siena Farms, ChopChop Magazine & Chef Ana Sortun 4Health News:Clarity PSO Re-lists as a Patient Safety Organization and Continues to Advance Patient Safety 2Health News:Clarity PSO Re-lists as a Patient Safety Organization and Continues to Advance Patient Safety 3Health News:Eye Pigment May Help Vision in Hazy Conditions 2
... 18 One year ago today, the,American people ... and outpatient facilities treating wounded soldiers returning,from Iraq ... those,reports, John McCain saw an opportunity to bolster ... blamed the scandal on former,Secretary of Defense Don ...
... Rep. Jason Altmire,(D-PA) will experience the vital and expanding ... of the clinical laboratory facilities,at Magee-Womens Hospital Tuesday, Feb. ... the 5:30 P.M. tour for,Rep. Altmire, who will view ... "Magee-Womens Hospital,s ongoing leadership in improving health care,for ...
... ALAMOS, N.M., Feb. 18 Meat & Livestock ... techniques for,high-speed CT scans of livestock carcasses. Using ... will begin Phase 1 of a,multi-year, 6 phase ... production CT applications include the potential to scan ...
... be,prepared and take action., That,s the advice ... tragedies like the one recently at Northern Illinois ... of K-State,s College of,Human Ecology and associate professor ... Research, Education and Consultation at K-State, or TRECK,Team., ...
... Spanish . , ANN ARBOR, Mich. People taking ... their symptoms during the first few months, but lagging behind ... research from the University of Michigan Health System. , That ... hopelessness even while their condition is improving, which could lead ...
... Feb. 18 Darwin,Professional Underwriters, Inc. (Darwin), ... its lawyers professional liability policy. Limits of ... from one to one hundred attorneys. All,areas ... maintains a particular,focus on plaintiff,s personal injury ...
Cached Medicine News:Health News:Walter Reed Anniversary Exposes More McCain Double Talk 2Health News:Walter Reed Anniversary Exposes More McCain Double Talk 3Health News:Congressman Altmire Tours Women's Health Clinical Laboratory; Learns Vital Role in Patient Care 2Health News:IMTEC to Become Technology Solutions Provider for Meat & Livestock Australia 2Health News:K-State Trauma Researcher Says Being Prepared, Taking Action Are Vital in Preventing Tragedies Like the One at NIU 2Health News:As depression symptoms improve with antidepressants, hopelessness can linger 2Health News:Darwin Introduces Enhancements to its Lawyers Professional Liability Insurance Policy Including Privacy Wrongful Acts and More 2Health News:Darwin Introduces Enhancements to its Lawyers Professional Liability Insurance Policy Including Privacy Wrongful Acts and More 3
... mechanism for speed, stability and durability. ... display modes, multiple units of measure, ... auto print, and GLP/GMP/ISO output including ... clock. Built-in, motor-driven internal calibration ...
TOPLOAD 3200/0.01G, BL3200H. Touch-key external calibration only. Requires calibration weights (either 2000g or 3000g). 120/240V A/C adapter, Lock-down Ring, In-use Protective Cover....
... Portable - Battery Powered (6 size AA ... conversion (g, ct, oz, ozt, GN, dwt, ... Counting and Percent Measure functions, Auto Print. ... Optional AC adapter may be ordered for ...
... BX620S. Digital stability control, analog display ... counting and percent measure functions, auto ... and time data from built-in clock. ... (selectable from 200g to 600g). Built-in ...
Medicine Products: