Key Developments: Cardica Inc (CRDC.OQ)
1.20USD
10:31am EDT
$0.01 (+0.84%)
$1.19
$1.21
$1.21
$1.20
2,953
12,841
$1.96
$0.67
Latest Key Developments (Source: Significant Developments)
Cardica Inc Prices Public Offering Of Common Stock
Cardica Inc announced the pricing of an underwritten public offering of 14,251,368 shares of common stock, offered at a price to the public of $1.05 per share. The gross proceeds to Cardica from this offering are expected to be $14.96 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Cardica. The offering is expected to close on or about March 20, 2013. Cardica anticipates using the net proceeds from the offering for general corporate purposes, which may include the costs of research and development activities, and general and administrative and manufacturing expenses. Wedbush PacGrow Life Sciences is acting as sole manager for the offering. Full Article
Cardica Inc Proposes Public Offering of Common Stock
Cardica Inc announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Wedbush PacGrow Life Sciences is acting as sole manager for the offering. Full Article
Cardica, Inc. Prices Public Offering Of Common Stock
Cardica, Inc. announced the pricing of an underwritten public offering of 9,091,000 shares of its common stock, offered at a price to the public of $1.65 per share. The gross proceeds to Cardica from this offering are expected to be $15 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Cardica. The offering is expected to close on or about February 13, 2012, subject to customary closing conditions. Cardica anticipates using the net proceeds from the offering for general corporate purposes, which may include the costs of research and development activities, and general and administrative and manufacturing expenses. Wedbush PacGrow Life Sciences is acting as sole book-running manager for the offering. Full Article
Cardica, Inc. Announces Proposed Public Offering Of Common Stock
Cardica, Inc. announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. There can be no assurance as to whether or when the offering may be completed, or as to the size or terms of the offering. Wedbush PacGrow Life Sciences is acting as sole book-running manager for the offering. Full Article

Earnings vs.
Estimates