HAQ has until August 3rd to complete the Pharmathene acquisition or has to liquidate according to the going concern filing. Cutting it a bit close, eh!?
Not sure what this means for Pharmathene and concommitantly GTCB if it falls through. GTCB has licensed the goats producttion system to Pharmathene, correct?
DAK
HAQ Special Meeting of Stockholders to Vote on Proposed Merger of HAQ and PharmAthene Postponed
Tuesday July 24, 8:00 am ET
Meeting Originally Scheduled for July 27, 2007 has been Postponed to August 2, 2007
DES MOINES, Iowa--(BUSINESS WIRE)--Healthcare Acquisition Corp. (AMEX:HAQ - News), a publicly-traded special purpose acquisition company, announced today that it has postponed its special meeting of stockholders to vote on, among other things, the proposed merger transaction with PharmAthene, Inc., a biodefense company developing and commercializing medical countermeasures against biological and chemical threats. The special meeting, originally scheduled to occur July 27, 2007, has been postponed until August 2, 2007, 10:00 a.m., Eastern time, and will be held at the offices of McCarter & English, LLP, 245 Park Avenue, 27th Floor, New York, NY.