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Hanger Orthopedic Group, Inc.
Hanger Orthopedic Group, Inc. Files Replacement Shelf Registration Statement
September 14th, 2008
Hanger Orthopedic Group, Inc. (NYSE:HGR) announced that it has filed a new shelf registration statement on Form S-3 with the Securities and Exchange Commission to sell, from time to time, up to 13,608,730 shares of its common stock, comprised of up to 6,000,000 shares that may be issued and sold by the Company, a 500,000 share reduction from Hanger's previous shelf registration statement, and up to 7,308,730 shares that may be resold by an existing stockholder. The shares registered for resale on behalf of the existing stockholder were issued on August 8, 2008 in connection with the Company's conversion of its Series A Convertible Preferred Stock. The new shelf...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-14)
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