Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Sep 9, 2008)
  • 8-K (Jul 24, 2008)
  • 8-K (May 8, 2008)
  • 8-K (Jan 24, 2008)
  • 8-K (Nov 27, 2007)
  • 8-K (Nov 13, 2007)

 
Other

PHARSIGHT CORP 8-K 2005

Documents found in this filing:

  1. 8-K
  2. Ex-99.1
  3. Graphic
  4. Graphic
Current Report on Form 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 30, 2005

 

PHARSIGHT CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   000-31253   77-0401273

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

800 W. El Camino Real

Mountain View, CA 94040

(Address and zip code of principal executive offices)

 

(650) 314-3800

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

 


Item 1.01 Entry into a Material Definitive Agreement.

 

On June 30, 2005, Pharsight Corporation (the “Company”) and Silicon Valley Bank entered into a Loan Modification Agreement (the “Loan Modification”), attached hereto as Exhibit 99.1, to the Amended and Restated Loan and Security Agreement effective as of May 24, 2004 by and between Silicon Valley Bank and Pharsight Corporation (the “Loan and Security Agreement”). The Loan Modification Agreement incorporates Section 2.1.4 to the Loan and Security Agreement to provide for an Equipment Advance to the Company through June 30, 2006, of up to $600,000, with a per annum interest rate of 1.25 percentage points above the Prime Rate. Each Equipment Advance shall immediately amortize and will be payable in 36 equal monthly installments of principal plus accrued interest. In addition, the Loan Modification amends in part Section 2.4 of the Loan and Security Agreement to provide that interest due on the Committed Revolving Line is payable on the 26th day of each month. Furthermore, the Loan Modification amends Section 13.1 of the Loan and Security Agreement to restate and incorporate several definitions, including but not limited to, changing the “Revolving Maturity Date” to May 26, 2006.

 

Item 9.01 Financial Statements and Exhibits.

 

(c) Exhibits.

 

  Exhibit No.  

  

Description    


99.1    Loan Modification Agreement effective as of June 20, 2005 between Pharsight Corporation and Silicon Valley Bank.

 

 

-2-


SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

PHARSIGHT CORPORATION

By:   /s/    SHAWN M. O’CONNOR        
    Shawn M. O’Connor
    President and Chief Executive Officer

 

Date: July 6, 2005

 

-3-


EXHIBIT INDEX

 

  Exhibit No.  

  

Description    


99.1    Loan Modification Agreement effective as of June 20, 2005 between Pharsight Corporation and Silicon Valley Bank.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki