Spectrum Pharmaceutecals Inc (SPPI)

[antihama]

SPPIs % ownership of CASI is now 13.3% as per the 10Q so down from what I stated previously. As I noted in my earlier post, it can't go any higher and goes lower with every stock dilution of CASI

CASI ownership by SPPI capped at 13.42%

Per Note 10 of the 2nd Q 10-Q

Our Ownership in CASI at June 30, 2018

Under certain conditions that expired in December 2017, we had a right to purchase additional shares of CASI common stock in order to maintain our post-investment ownership percentage if CASI issued additional securities. During 2017 and 2016, we acquired an additional 1.5 million and 4.6 million common shares of CASI, respectively, at par value. Our aggregate holding of 11.5 million CASI common shares as of June 30, 2018 represented an approximate 13.3% ownership, with a fair market value of $95.0 million (see Note 3(a)).