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Press Releases Releases |
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Nov 30, 2005
Harris & Harris Group Sells Its Shares Of NeuroMetrix
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Harris & Harris Group, Inc., announced today that it has sold in the open market its entire position, consisting of its 1,137,570 shares of common stock of NeuroMetrix, Inc. (Nasdaq: NURO), for net proceeds of approximately $34,591,460. NeuroMetrix, which completed its initial public offering on July 22, 2004, manufactures and sells the patented N...
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Nov 21, 2005
Interview On Canadian TV
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Shareholders of Harris & Harris Group, Inc., may be interested in viewing the show, "SqueezePlay," on Report on Business Television, Canada's business news television station. Charles E. Harris, Chairman & CEO of Harris & Harris Group, will be interviewed on November 22nd by Amanda Lang and Kevin O'Leary about investment opportunities in nanotechn...
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Nov 10, 2005
Harris & Harris Group Invests In Kovio
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Harris & Harris Group, Inc.®, announced today that it has invested $3,000,000 in privately held Kovio, Inc., of Sunnyvale, CA. Kovio is developing semiconductor products using thin film technologies, printed electronics and nanoparticle inks.
Harris & Harris Group is a publicly traded venture capital company that now makes initial inve...
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Nov 9, 2005
Nanosys Announces Financing
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Shareholders of Harris & Harris Group, Inc., may be interested to know that Nanosys, Inc., a privately held company focused on developing nanotechnology-enabled products, today announced that it has raised approximately $40 million in a private equity financing. The financing was led by El Dorado Ventures and includes other new investors, as well ...
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Nov 8, 2005
Mersana Theraputics Completes $21 Million Financing
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Shareholders of Harris & Harris Group, Inc., may be interested to note that Mersana Therapeutics, Inc. (formerly Nanopharma Corporation), announced today that it has completed an oversubscribed $21 million financing. Harris & Harris Group participated in this round of financing, and the CEO of Harris & Harris Group will remain on Mersana's board o...
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Nov 4, 2005
Harris & Harris Group Reports Balance Sheet For Nine Months Ended September 30, 2005
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Harris & Harris Group, Inc., announced today that, as of September 30, 2005, its net assets and net asset value per outstanding share (NAV) were $123,376,692 and $5.94, respectively.
During the quarter, the Company sold 3,507,500 shares of its common stock at $11.25 per share for net proceeds of $36,526,567 after underwriting discounts ...
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Oct 27, 2005
NeuroMetrix Reports Third Quarter Results
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Shareholders of Harris & Harris Group, Inc., may be interested to note that for the nine months ended September 30, 2005, NeuroMetrix, Inc. (Nasdaq: NURO), reported its revenues rose by 97 percent to $24 million from the same period in 2004. For the quarter ended September 30, 2005, total revenues increased by 89 percent from $4.8 million to $9.1 ...
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Oct 13, 2005
Article In Chemical & Engineering News
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Shareholders of Harris & Harris Group, Inc., may be interested to read the article on the Chemical & Engineering News website (http://pubs.acs.org/cen/news/83/i40/8340cambrios.html) entitled "At the Crossroads of Biology, Electronics," by Michael McCoy.
Cambrios is a privately held company based in Mountain View, California that ...
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Sep 22, 2005
Continuum Photonics Merges With Polatis
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Privately held Continuum Photonics, Inc., has merged with privately held Polatis Ltd. to form privately held Polatis, Inc. Polatis, Inc., is engaged in optical switching. Harris & Harris Group, Inc., is now an investor in Polatis, Inc., having been an investor in Continuum Photonics, Inc.
Harris & Harris Group is a publicly traded ven...
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Sep 21, 2005
Harris & Harris Group Invests Additional $2,500,000 In Molecular Imprints
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Harris & Harris Group, Inc.®, announced today that it invested an additional $2,500,000 in privately held Molecular Imprints, Inc., of Austin, TX, bringing its total investment in Molecular Imprints to $4,500,000. The investment was as part of a Series C financing that raised $17 million in the first closing of a planned $25 million Series C finan...
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Sep 20, 2005
Harris & Harris Group Invests $960,000 In Kereos, Inc.
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Harris & Harris Group, Inc., announced today that it has invested $960,000 in the first tranche of a $19.4 million total Series B financing in privately held Kereos, Inc. Upon the attainment by Kereos of certain milestones, Harris & Harris Group has the right to invest an additional $540,000 in Series B, which would increase its total investment i...
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Sep 20, 2005
Starfire Announces Strategic Alliance With Clariant
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Shareholders of Harris & Harris Group, Inc., may be interested to know that privately held Starfire Systems, Inc., based in Malta, New York, announced today the formation of a strategic alliance with Clariant to develop new technology and new applications for nanostructured ceramic materials and coatings. As part of this agreement, Clariant has co...
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Sep 16, 2005
Article In Forbes
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Shareholders of Harris & Harris Group, Inc., may be interested to read the article in the September 19, 2005, issue of Forbes magazine entitled, "Molecular Medicine -- New Tiny Sensors Spot Disease Before it Occurs." Kereos, Inc., a privately held company in which Harris & Harris Group has an investment, is mentioned on page 110.
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Sep 9, 2005
Harris & Harris Group, Inc. Announces Full Exercise Of Over-Allotment Option
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Harris & Harris Group, Inc. (NASDAQ: TINY) today announced that the underwriters of the Company's recent offering of its shares of common stock have exercised in full their over-allotment option to purchase an additional 457,500 shares of common stock at a public offering price of $11.25 per share. Upon the closing of the purchase of the over-allo...
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Aug 23, 2005
Harris & Harris Group, Inc. Announces Closing Of Public Offering Of 3,050,000 Shares Of Common Stock
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Harris & Harris Group, Inc. (NASDAQ: TINY), today announced that it has closed a public offering of 3,050,000 shares of its common stock at $11.25 per share for estimated net proceeds of approximately $31,913,750 after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. Harris & Harris Group has...
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Aug 17, 2005
Harris & Harris Group Reports Net Asset Value
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The Company announced that in connection with a proposed public offering of shares of common stock pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission, as of today we have determined that our net asset value per share is $5.07. The increase of $7,952,716 in our net asset value since our most rece...
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Aug 17, 2005
Harris & Harris Group, Inc. Announces Pricing Of Public Offering Of 3,050,000 Shares Of Common Stock
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Harris & Harris Group, Inc. (NASDAQ: TINY) today announced that it has priced a public offering of 3,050,000 shares of its common stock at $11.25 per share for estimated net proceeds of approximately $31,913,750 after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. Harris & Harris Group has ...
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Aug 3, 2005
Harris & Harris Group Files Supplement To Shelf Registration To Offer 3,050,000 Shares Of Common Stock
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Harris & Harris Group, Inc., today announced that it has filed a preliminary prospectus supplement to its shelf registration statement previously filed with the Securities and Exchange Commission relating to a proposed underwritten public offering of 3,050,000 shares of its common stock. Harris & Harris Group also expects to grant the underwriters...
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Aug 2, 2005
Harris & Harris Group Reports Balance Sheet For Six Months Ended June 30, 2005
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The increase of $7,001,851 in the second quarter in our net asset value reflected, among other things, the increase of $11,921,734 in the value of our shares in NeuroMetrix, Inc. (Nasdaq: NURO), which went public in July 2004. Because our 1,137,570 shares of NURO are currently our most highly valued holding, the volatility of NURO's stock price is...
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Jul 28, 2005
NeuroMetrix Reports Second Quarter Results
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Shareholders of Harris & Harris Group, Inc., may be interested to note that for the six months ended June 30, 2005, NeuroMetrix, Inc. (Nasdaq: NURO), reported its revenues rose by 103 percent to $14.9 million. For the quarter ended June 30, 2005, total revenues increased by 88 percent from $4.3 million to $8.1 million. The net loss for the six mo...
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