Delcath Systems Inc (DCTH)

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New 8-K just out:

Item 1.02. Termination of a Material Definitive Agreement.
On January 18, 2019, Delcath Systems, Inc. (the “Company”) terminated the Backstop Commitment Purchase Agreements (the “Agreements”) with three institutional investors, by their mutual agreement. The Agreements were terminated as a result of the closing price of the Company’s common stock not exceeding the Subscription Price since October 1, 2018, so the Purchasers have in no way been required to purchase Purchase Shares under Section 9(d) the Backstop Agreements during any period during which the Agreements would have been deemed effective to date.
As of the date of this Current Report on Form 8-K, the Company has 11,163,954 shares of its common stock outstanding.