TITLE

300M share sale by WorldHeart

PUB. DATE
July 2008
SOURCE
Cardiovascular Devices & Drugs;Jul2008, Vol. 14 Issue 7, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Oakland, California-based mechanical blood pumps manufacturer WorldHeart to sell 300 million shares of common stock for $30 million. The decision to sale was made by the company in a bid to raise funds to be able to continue its operations. The company has pulled out its stocks from the Toronto Stock Exchange and has the possibility of being delisted by the Nasdaq. Under a deal, Venrock Partners and Special Situation Funds will invest in the firm through several associated funds and corporate entities.
ACCESSION #
33516939

 

Related Articles

  • World Heart gets compliance notice.  // Medical Device Daily;7/18/2008, Vol. 12 Issue 138, p2 

    The article reports on a notice received by Oakland, California-based World Heart from the National Association of Securities Dealers Automated Quotation (NASDAQ), which stated that the company failed to comply with the requirement to maintain a minimum market value of publicly held shares...

  • CHX Flying High on Nasdaq Stocks.  // Traders Magazine;Jun99, Vol. 12 Issue 153, p16 

    Focuses on the effort of the Chicago Stock Exchange (CHX), the only auction market in the United States that trades Nasdaq stocks, to replace the core trading system. Counts of over-the-counter stocks traded at CHX; Information on IONA Technologies' Orbix system, which replaced CHX system;...

  • Market Uptrend Gains Traction; New Milestones For S&P 500, Dow. SHREVE, KEN // Investors Business Daily;7/12/2016, p24 

    The article reports that Nasdaq stock market has risen by 0.7 percent during the July 12, 2016 trading day.

  • World Heart gets Nasdaq notice.  // Medical Device Daily;5/8/2008, Vol. 12 Issue 90, p5 

    The article offers information on a notice received by World Heart of Oakland, California from the listing qualifications department of the Nasdaq Stock Market in 2008. According to the notice, for the last 30 consecutive business days, the bid price of the company's common shares has closed...

  • MED-TECH NEWS AND NOTES.  // Medical Device Daily;6/19/2008, Vol. 12 Issue 118, p7 

    This section offers news briefs on the medical device technology industry. pSivida Corp. has received notification from the Nasdaq stock market that it had regained compliance with marketplace rule 4450(a)(5) relating to the maintenance of a minimum bid price of the company's American Depository...

  • Nasdaq Eases Rules to Avoid Slew Of Delistings.  // Treasury & Risk Management;Dec/Jan2002, Vol. 12 Issue 1, p14 

    Reports that the National Association of Securities Dealers Automated Quotations (NASDAQ) has reinstated its listing requirements in the United States for 2002. Minimum requirements on bid prices and public floats; Other requirements for firms whose stock are listed at NASDAQ.

  • Biotechs Here Struggling to Make a Buck. Weeks, Katie // San Diego Business Journal;10/17/2005, Vol. 26 Issue 42, p1 

    Reports on the issuance of warning from the NASDAQ Stock Market to three biotechnology companies in San Diego, California. Basis of the stock exchange in issuing the warning letter; Possibility for these companies to be delisted from the stock exchange; Demand of the stock exchange for the share...

  • Processing Meltdown Feared on Wall Street. Wexler, Sanford // Traders Magazine;May2000, Vol. 13 Issue 167, p22 

    Declares that the heavy stock share volume on the Nasdaq Stock Market and the New York Stock Exchange has raised fears for a catastrophe on the trade processing system. Performance of the BRASS trade processing system; Remarks from Tom King, president of BRASS.

  • THE EFFECTS OF OPTION INTRODUCTION ON ANALYST COVERAGE AND EARNINGS ESTIMATES. Yu, Susana; Tandon, Kishore; Webb, Gwendolyn // American Economist;Fall2010, Vol. 55 Issue 2, p46 

    Option introduction is associated with increased analyst coverage and a generally enhanced information environment for the underlying stocks. We hypothesize that these effects are more significant for Nasdaq than NYSE/Amex stocks because the Nasdaq stocks that are optioned tend to be smaller,...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics