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CYCC > SEC Filings for CYCC > Form 8-K on 8-Apr-2013All Recent SEC Filings

Show all filings for CYCLACEL PHARMACEUTICALS, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for CYCLACEL PHARMACEUTICALS, INC.


8-Apr-2013

Other Events


Item 8.01 Other Events.

On April 5, 2013, the Board of Directors (the "Board") of Cyclacel Pharmaceuticals, Inc. (the "Company") declared a quarterly cash dividend in the amount of $0.15 per share on the Company's 6% Convertible Exchangeable Preferred Stock ("Preferred Stock"). The cash dividend will be payable on May 1, 2013 to the holders of record of the Preferred Stock as of the close business on April 19, 2013.

The Board considered numerous factors in determining whether to declare the quarterly dividend, including the requisite financial analysis and determination of a surplus. While the Board will analyze the advisability of the declaration of dividends in future quarters, there is no assurance that future quarterly dividends will be declared.


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