BioScrip To Host 2015 First Quarter Results Call
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BioScrip (BIOS) Enters MOU on Two, Separate Class Action Suits
May 1, 2015 6:15 AM EDTOn April 30, 2015, BioScrip (Nasdaq: BIOS) entered into a memorandum of understanding (the Memorandum of Understanding) to settle two separate putative class action lawsuits as further described below.
As previously announced, on March 9, 2015, the Company entered into a securities purchase agreement (the Purchase Agreement) with Coliseum Capital Partners, L.P., Coliseum Capital Partners II, L.P., and Blackwell Partners, LLC, Series A, (collectively, the PIPE Investors), pursuant to which the Company issued and sold to the PIPE Investors in a private placement (the PIPE Transaction) an aggregate of (a) 625,000 shares of Series A Convertible Preferred Stock (the Preferred Stock),... More
