Pharmasset Inc files for $100 mln debt, stock offer
Wed Jun 18, 2008 4:25pm EDT
June 18 (Reuters) - Pharmasset Inc (VRUS.O: Quote, Profile, Research, Stock Buzz) on Wednesday filed to periodically sell up to $100 million in common and preferred stock, debt securities, warrants and units.
The pharmaceutical company said in a filing with the U.S. Securities and Exchange Commission that it will use the proceeds from the offering for general corporate purposes.
Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Karey Wutkowski)
surf's up......crikey
