Hopkins Capital acquires warrants for shares of BioDelivery Sciences

By Lisa Kerner

Charlotte, N.C., Sept. 13 - BioDelivery Sciences International, Inc. investors led by Hopkins Capital Group II LLC sold 15,459 shares of the company's common stock under a 10b5-1 plan at a price of $5.00 per share on Sept. 5.

Hopkins Capital, in a separate transaction, acquired 475,000 warrants to purchase common stock at an exercise price of $5.55 as consideration for terminating a loan option granted to Hopkins Capital by BioDelivery under a loan agreement made in March.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Hopkins Capital owns 4,171,523 shares, or 21.8%, of the Morrisville, N.C.-based pharmaceutical company.

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