Press Releases
La Jolla Pharmaceutical Company Provides Voting Update - More Votes Needed Or La Jolla Will Likely Close
La Jolla Pharmaceutical Company (NASDAQ: LJPC) today provided an update on the Company’s upcoming special meeting of stockholders on February 26, 2010 at 3:00 p.m. Pacific Time to vote on its proposed merger with Adamis Pharmaceuticals Corporation (OTCBB: ADMP).
YOUR VOTE IS CRITICAL. To date, holders of only 9% of La Jolla’s outstanding common stock have voted their shares but in order to hold the special stockholders’ meeting on February 26, 2010, holders of a majority of the outstanding shares must vote. To date, those stockholders who have voted have overwhelmingly supported the merger proposals, including the reverse stock split. Only stockholders who held La Jolla stock on January 22, 2010 are eligible to vote. If You Haven’t Received Your Voting Materials – please vote by contacting our proxy vote solicitor, Mackenzie Partners, Inc. as follows: e-mail at proxy@mackenziepartners.com call toll free at (800) 322-2885 call collect at (212) 929-5500 . Mackenzie Partners will be able to provide you with voting materials and instructions on how to vote telephonically or through your broker. You may also contact La Jolla by e-mail at gail.sloan@ljpc.com or by telephone at (858) 452-6600. If You Have Received Your Voting Materials - please vote telephonically or via the internet as instructed in your voting materials i n order to ensure your vote is counted. If you have any questions about voting or need assistance, please contact Mackenzie Partners. If the Merger With Adamis is Not Completed, the La Jolla Board of Directors Will Most Likely Close the Business . If La Jolla is closed, we currently expect to return up to $0.02 - $0.03 per share to stockholders. All Votes Must be Received Before Friday, February 26 th . La Jolla’s Board of Directors and Management believe that the merger is the only chance of stockholder upside and therefore urge its stockholders to act immediately and vote. This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.TheStreet Premium Services
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