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7 months ago
BRIEF-Pernix Therapeutics ceases discussions on possible restructuring of capital structure
December 27, 2016 / 2:47 PM / 7 months ago

BRIEF-Pernix Therapeutics ceases discussions on possible restructuring of capital structure

1 Min Read

Dec 27 (Reuters) - Pernix Therapeutics Holdings Inc :

* On Dec 26, 2016, co ceased discussions with noteholders on possible consensual restructuring of co's capital structure

* Co continues to analyze various strategic alternatives to proactively address its liquidity and capital structure - SEC filing

* Estimates to have cash balance in low $30 million range,additional $12 million of liquidity available in credit facility at Dec 31 Source text - (bit.ly/2htBqZO) Further company coverage:

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