Tiberius Capital II, LLC (”Tiberius”), a value-opportunity fund located in Chicago, announced August 17, 2009 that it is increasing its tender offer price to $1.35 per share, and is extending the expiration date of its tender offer for all MathStar (Pink Sheets: MATH) common shares until 11:59 p.m., New York City time, on August 31, 2009. As of August 14, 2009, approximately 1,430,000 shares of MathStar’s common stock have been tendered and not withdrawn.
ArthroCare Corp. (Pink Sheets: ARTC) August 17, 2009 announced that it has entered into an agreement with One Equity Partners (OEP), the global private equity investment arm of JPMorgan Chase & Co., whereby OEP will purchase $75 million of newly-issued ArthroCare Series A Convertible Preferred Stock. ArthroCare intends to use the proceeds to repay the Company’s existing Credit Agreement and expects to use the remaining portion for general corporate purposes.
Metiscan, Inc. (PINKSHEETS: MTIZ), a holding company focused
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