Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
NNVC > SEC Filings for NNVC > Form 8-K on 26-Feb-2014All Recent SEC Filings

Show all filings for NANOVIRICIDES, INC.



Other Events

Item 8.01. Other Events.

From February 18, 2014 to February 20, 2014, the Registrant's President and Chairman Dr. Anil Diwan purchased an aggregate of 50,000 shares of the Registrant's common stock, par value $0.001 per share (the "Common Stock") in open market transactions. On February 25, 2014, Dr. Diwan repaid $83,900 to the Company as a result of the "short term profits" accrued from the sale of Common Stock at a higher price and the later purchase at a lower price.

Dr. Diwan originally purchased certain shares of Common Stock in February, 2013. Subsequently, Dr. Diwan sold a portion of these shares as reported on October 21, 2013. Dr. Diwan purchased 50,000 shares of Common Stock, as reported on a Form 4 filed with the Securities and Exchange Commission on February 24, 2014. Since this repurchase fell within the limitations of Section 16(b) of the Securities and Exchange Act of 1934, which relates to "short term sales" by "insiders" of a public company, Dr. Diwan disgorged the resulting net profits of $83,900 on February 25, 2014.

  Add NNVC to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for NNVC - All Recent SEC Filings
Copyright © 2015 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.