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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 20, 2001
Commission File Number 0-23252
IGEN INTERNATIONAL, INC.
(Exact name of registrant)
Delaware 94-2852543
(State of organization) (I.R.S. Employer Identification No)
16020 Industrial Drive, Gaithersburg Maryland 20877
(Address of principal executive offices and zip code)
(301) 869-9800
(Registrant's telephone Number)
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ITEM 5. OTHER EVENTS
On June 20, 2001, IGEN International, Inc. sold 745,139 shares of common
stock for $16.0 million to Acqua Wellington North American Equities Fund, Ltd.
This sale was made under a previously announced equity financing
agreement that IGEN and Acqua Wellington entered into in February of this year
covering the sale of up to $60 million of IGEN's common stock over 28 months.
IGEN, which previously filed a shelf registration covering 3 million
shares of stock, controls the amount and timing of any stock sales made under
the terms of the agreement. Each sale is made under the shelf registration at a
small discount to the market at the time of the sale. There are no commissions,
warrants, or other direct costs associated with sales made under this agreement.
IGEN plans to use the proceeds from this sale for research and
development, product manufacturing, working capital, and/or general corporate
purposes. IGEN may also use some of the proceeds to acquire or invest in
businesses, products, or technologies complementary to its own.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
IGEN International, Inc.
By: /s/ George Migausky
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George Migausky
Vice President, Chief Financial Officer
Dated: June 20, 2001