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EX-99.3 - FORM OF WARRANT - FENNEC PHARMACEUTICALS INC.adhxf_ex993.htm
EX-99.1 - PRESS RELEASE - FENNEC PHARMACEUTICALS INC.adhxf_ex991.htm
EX-99.2 - SUBSCRIPTION AGREEMENT - FENNEC PHARMACEUTICALS INC.adhxf_ex992.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported)  May 3, 2010
 
Adherex Technologies Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
Canada
 
001-32295
 
20-0442384
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
501 Eastowne Drive, Suite 140, Chapel Hill , North Carolina 27514
(Address of Principal Executive Offices) (Zip Code)
 
919-636-4530
(Registrant’s Telephone Number, Including Area Code)
 
Not applicable.
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 



 

 
ITEM 1.01  ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
 
On April 30, 2010, Adherex Technologies Inc. (the “Company”) announced that it has completed a first closing of the previously announced non-brokered private placement (“Private Placement”) of 240,066,664 units, at a price of $0.03 per unit for gross proceeds of CDN$7,202,000. Adherex intends to raise up to an additional CDN$1,800,000 by way of a non-brokered private placement which will occur in one or more closings and up to an additional CDN$12,750,000 by way of a rights offering.
 
A copy of the press release dated April 30, 2010 announcing the closing of the financing is attached as Exhibit 99.1.
 
ITEM 3.02  UNREGISTERED SALES OF EQUITY SECURITIES
 
The information set forth in Item 1.01 of this Current Report is incorporated herein by reference.  Further, a copy of the subscription agreement and form of warrant is attached as Exhibit 99.2 and 99.3, respectively.
 
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
Dated: April 30, 2010
Adherex Technologies Inc.
 
       
 
By:
/s/ Robert Andrade
 
   
Chief Financial Officer
 

 
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