Zogenix (ZGNX): Zogenix Files $75 Mln Mixed Shelf

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Tuesday, 01/08/2013 8:41:22 AM

Tuesday, January 08, 2013 8:41:22 AM

Zogenix Files $75 Mln Mixed Shelf - Shares Slightly LowerBY Midnight Trader
— 9:46 AM ET 01/07/2013
09:46 AM EST, 01/07/2013 (MidnightTrader) -- Zogenix (ZGNX

FWIW

shares are down 0.7% after the company filed a registration with the Securities Exchange Commission to sell, from time to time, up to $75 million of Debt Securities, Preferred Stock, Common Stock, Debt Warrants, Equity Warrants, Units, or any combination thereof.

Earlier today, ZGNX said it expects Q4 gross product sales of approximately $13.5 million on 145,200 units shipped, with unit volume up approximately 9% sequentially from Q3 and 26% from Q411.

For FY12, it sees net product revenue of approximately $36 million, up approximately 18% over 2011 and slightly below previously issued guidance of $37 million.

Price: 1.48, Change: -0.01, Percent Change: -0.68

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