Pharmathene, Inc. (f/k/a PIP)

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SIGA 10-K posted Friday reaffirming their obligation to PIP:

On October 17, the Company and PharmAthene separately submitted competing damages calculations to the Court of Chancery. PharmAthene’s submission noted a damages calculation, inclusive of pre-judgment interest, of approximately $233 million as of September 30, 2014. The Company’s submission noted a damages calculation, inclusive of pre-judgment interest, of approximately $173 million as of August 8, 2014 (the date of the Remand Opinion).

On January 15, 2015, the Delaware Court of Chancery entered its Final Order and Judgment, awarding to PharmAthene $113,116,985 in contract expectation damages, plus pre-judgment interest up to January 15, 2015, and certain permitted legal fees, costs, and expenses, for a judgment of $194,649,042 . Pursuant to the January 15 Final Order and Judgment, SIGA also is liable to PharmAthene for post-judgment interest, in the amount of $30,663.89 , per diem, which per diem amount shall periodically be adjusted.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001010086-15-000004%2Etxt&FilePath=%5C2015%5C03%5C06%5C&CoName=SIGA+TECHNOLOGIES+INC&FormType=10-K&RcvdDate=3%2F6%2F2015&pdf=