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Delcath: It Is All About Survival [Seeking Alpha]
US:NASDAQ Investor Relations: delcath.com/investors
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Summary Investment Thesis Delcath's ( DCTH ) CEO Simpson has written more than a few letters in an effort to convince shareholders to support a reverse split. The deadline for voting ends today at 11.59 p.m. EST, unless the company extends the voting. The results will highly impact the share price. Second Attempt at Getting Shareholder Approval In June, shareholders voted NO to the reverse split; market reaction was swift, and the stock went on a wild 1900% run($0.018 ~ $0.36). Can this happen again? The short answer is: probably not. With institutional investors on board with Delcath, and in view of the delisting scenario, I strongly believe that the reverse split will go through this time. Note CEO Simpson's letter below: Dear Stockholders: I write to reiterate our recommendation for shareholders to approve the proposed reverse stock split as outlined in our Schedule 14A filed on July 26, 2017. This is the only item on the 14A, and we
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NEWS
- Delcath Systems readies 500M-Unit equity offering [Seeking Alpha][Seeking Alpha]
- Delcath Announces Shareholder Approval of Consent Solicitation[GlobeNewswire]
- Delcath’s PHP Therapy to be Featured in Video Training Session at European Conference of Interventional Oncology [GlobeNewswire]
- Summary of Recent Published Research on Delcath’s PHP Therapy Presented at Society of Surgical Oncology Annual Symposia[GlobeNewswire]
- Delcath to Present at Oppenheimer 28th Annual Healthcare Conference[GlobeNewswire]
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DCTH
SEC Filings
SEC Filings
- 4/26/18 - Form 8-K
- 4/20/18 - Form POS
- 4/9/18 - Form S-1
- DCTH's page on the SEC website
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