UNS 0.00% 0.5¢ unilife corporation

In the announ it says it is a 13d-1(c) The meaning of a 13d-1(c)...

  1. 2,061 Posts.
    In the announ it says it is a   13d-1(c)

    The meaning of a 13d-1(c)

    Passive Investors: Any person acquiring more than 5% but less than 20% of an equity security and did not acquire such securities with a purpose or effect of changing or influencing control of the issuer or in a transaction having that effect. Rule 13d-1(c).

    If between 5-10% they have 45 days to notify
    If between 10-20% they have 10 days to notify

    I don't know how these things apply in the USA but Amgen have voting and dispositive powers with the 24m stock. In the announ.

    If not converted - the issuing of shares now at an unknown SP of the future beats me. I will leave it at that.
 
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