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Insmed Incorporated Message Board

  • blank2thisone blank2thisone Dec 25, 2012 10:11 AM Flag

    Maximize profits...

    Pursuant to the Loan and Security Agreement, the Company issued a warrant to HTGC to purchase 329,932 shares of the Company’s common stock at an exercise price of $2.94 per share. The warrant is immediately exercisable for five years from the date of issuance. The fair value of the warrants at the date of issuance is $0.8 million, which amount has been recorded as a discount to debt and is being amortized ratably over the term of the Loan and Security Agreement.

    Sentiment: Strong Buy

 
INSM
13.58-0.17(-1.24%)Sep 12 4:00 PMEDT

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