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APRI > SEC Filings for APRI > Form 8-K on 17-Apr-2013All Recent SEC Filings

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



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events.

On December 30, 2011, Apricus Biosciences, Inc. (the "Company") entered into a sales agreement (the "2011 Sales Agreement") with Ascendiant Capital Markets, LLC ("Ascendiant"), pursuant to which the Company had the option to sell up to $20,000,000 of its common stock, from time to time, during the term of the 2011 Sales Agreement, and on April 15, 2013, the Company and Ascendiant entered into an amendment to the 2011 Sales Agreement (the "Amendment"). As of April 15, 2013, $17,213,510 remained available for sale under the 2011 Sales Agreement. The Amendment was entered into to change the registration statement from which sales will be made to File No. 333-178832 and to extend the term of the 2011 Sales Agreement to the date the Registration Statement is no longer available for sales of Shares.

We are filing certain exhibits with this Current Report on Form 8-K, including an opinion to the Company from Brownstein Hyatt Farber Schreck, LLP, counsel to the Company, regarding the validity of the shares to be sold pursuant to the 2011 Sales Agreement, as amended. A copy of the Amendment will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2013.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.       Description

 5.1              Opinion of Brownstein Hyatt Farber Schreck, LLP.

23.1              Consent of Brownstein Hyatt Farber Schreck, LLP (contained in
                  Exhibit 5.1 above).

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