MENLO PARK, Calif--(BUSINESS WIRE)--Dec. 20, 2005--Depomed, Inc. (Nasdaq:DEPO) today announced that it has filed with the Securities and Exchange Commission a shelf registration statement on Form S-3 which, when declared effective, will permit Depomed from time to time to offer and sell up to $100 million of debt or equity securities.
The company felt it prudent to file a shelf registration statement while its current cash reserves are strong, thereby allowing the company greater financial flexibility in the event it requires additional capital to fund its growth in the future.
