Delcath files $100 million shelf covering preferreds, debt and stock

By Devika Patel

Knoxville, Tenn., Aug. 31 - Delcath Systems Inc. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, debt securities, warrants and stock purchase contracts.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Delcath is based in Stamford, Conn., where it develops isolated perfusion technology for organ or region-specific delivery of therapeutic agents.

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