Thursday, November 15, 2007

Verenium Files $150 Million Shelf Registration

CAMBRIDGE, Mass., -- Verenium Corporation (Nasdaq: VRNM) announced that it has filed a universal shelf registration statement with the U.S. Securities and Exchange Commission ("SEC") for the registration and potential issuance of up to $150 million of Verenium securities, which may include common stock, preferred stock, debt securities or warrants, and the registration of 3,000,000 shares of common stock for resale by Syngenta and its affiliates. Upon being declared effective by the SEC, the shelf registration statement will allow the Company to sell the various securities, and Syngenta and its affiliates to sell their shares of common stock, in one or more offerings in the future. Link. Chart.