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TINY > SEC Filings for TINY > Form 8-K on 22-Apr-2014All Recent SEC Filings

Show all filings for HARRIS & HARRIS GROUP INC /NY/



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events.

On April 22, 2014, Harris & Harris Group, Inc. (the "Company") noted the receipt of $6.5 million from the sale of Molecular Imprints, Inc.'s semiconductor business to Canon Inc. of Tokyo, Japan. The Company could receive an additional $625,000 from amounts held in escrow as well as up to $1.7 million upon the achievement of certain milestones.The Company invested a total of $4.5 million in Molecular Imprints, beginning with its initial investment in 2004. The Company valued its securities of Molecular Imprints at $8.3 million as of December 31, 2013. The Company's press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release dated April 22, 2014

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