Key Developments: American Shared Hospital Services (AMS)

AMS on American Stock Exchange

2.13USD
28 Aug 2015
Change (% chg)

$-0.05 (-2.29%)
Prev Close
$2.18
Open
$2.10
Day's High
$2.15
Day's Low
$2.04
Volume
15,806
Avg. Vol
5,127
52-wk High
$3.05
52-wk Low
$1.98

Search Stocks

Latest Key Developments (Source: Significant Developments)

American Shared Hospital Services announces $1.2 million private financing
Friday, 24 Oct 2014 03:28pm EDT 

American Shared Hospital Services:Says closing of its issuance of $1.0 mln aggregate principal amount of unsecured notes to Board of Directors members Raymond C. Stachowiak, John F. Ruffle, Mert Ozyurek, and David A. Larson, M.D.Notes mature in three years, and carry interest at 15 pct annually.In connection with its issuance of the notes, AMS issued to its note holders three-year warrants to purchase an aggregate of 200,000 shares at an exercise price of $2.20 per share.This private offering is pursuant to a note and warrant purchase agreement the parties entered into on Oct. 22.Additionally, AMS sold 100,000 newly issued common shares at a purchase price of $2.20 per share to Raymond C. Stachowiak.This private offering is pursuant to a stock purchase agreement AMS and Stachowiak entered into on Oct. 22.  Full Article

American Shared Hospital Services announces contract to supply gamma knife perfexion system to PeaceHealth Sacred Heart Medical Center at RiverBend
Thursday, 7 Aug 2014 01:41pm EDT 

American Shared Hospital Services:Announces that it has entered into a contract to supply a Gamma Knife Perfexion system to PeaceHealth Sacred Heart Medical Center at RiverBend, Springfield, Oregon.  Full Article

American Shared Hospital Services announces $1.6 million private placement
Friday, 13 Jun 2014 08:00am EDT 

American Shared Hospital Services:Says that the private sale of a total of 650,000 newly issued common shares at a purchase price of $2.43 per share.Says the closing price on June 10, 2014, to Board of Directors members Raymond C. Stachowiak, John Ruffle, and Stanley Trotman.The private offering is pursuant to a stock purchase agreement the parties entered into on June 11, 2014.  Full Article

American Shared Hospital Services closes sale of its Gamma Knife Business in Turkey
Tuesday, 10 Jun 2014 12:14pm EDT 

American Shared Hospital Services:Closes sale of its Gamma Knife and Image Guided Radiation Therapy (IGRT) services business in Turkey to Euromedic Cancer Treatment Centers BV (Euromedic).Payment to AMS consisted of cash, which will be used primarily to pay down debt associated with the Turkey operations, and an earn-out based on future revenue from the two Gamma Knife units and one IGRT unit AMS operated in Istanbul and Adana, Turkey.  Full Article

American Shared Hospital Services agrees to sell its Gamma Knife Business in Turkey
Wednesday, 4 Jun 2014 08:03am EDT 

American Shared Hospital Services:Enters into an agreement to sell its Gamma Knife and radiation therapy services business in Turkey to Euromedic Cancer Treatment Centers BV (Euromedic).Says transaction is subject to standard closing conditions, and is expected to close on June 10.Payment to American Shared Hospital Services (AMS) will be in the form of cash, which predominantly will be used to pay down debt associated with the Turkish operations.Additionally, AMS is eligible for an earn-out based on future revenue from the two Gamma Knife units and one Image Guided Radiation Therapy (IGRT) unit AMS currently operates in Istanbul and Adana, Turkey.Additional terms of the transaction were not disclosed.  Full Article

No consensus analysis data available.
Search Stocks