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: December 31, 2002
(Date of earliest event reported)
CARDIMA, INC.
(Exact name of registrant as specified in its charter)
Delaware | | 0-22419 | | 94-3177883 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification Number) |
47266 Benicia Street, Fremont, California 94538
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code:(510) 354-0300
Item 5. Other Events.
On December 31, 2002, Cardima, Inc. completed a private placement of 4,359,994 shares of Common Stock to certain accredited investors at a price of $0.74955 per share. The private placement included the issuance of warrants at a price of $0.001 per share of underlying Common Stock. The warrants are exercisable to purchase up to an aggregate of 2,397,999 shares of Common Stock at an exercise price of $0.8245. Net proceeds to the Company from the sale of the shares of Common Stock and the warrants were approximately $3.0 million. The Company agreed to register for resale the Common Stock issued in this private placement, including shares underlying the warrants.
A press release relating to these matters was issued by Cardima, Inc. on January 6, 2003.
The complete text of the press release issued by the company is attached as an exhibit to this Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release, dated January 6, 2003.
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SIGNATURE
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.
Dated: January 6, 2003
| CARDIMA, INC. |
|
| By: | | /s/ GABRIEL B. VEGH
|
| | | Gabriel B. Vegh Chairman of the Board and Chief Executive Officer |
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