kl06022.htm

 
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-138796
 
 

PROSPECTUS SUPPLEMENT NO. 4
Dated June 19, 2009
 
3,272,400 SHARES
SIGA Technologies, Inc.
 
This Prospectus Supplement amends and supplements the Prospectus dated December 5, 2006, as previously amended and supplemented by that certain Prospectus Supplement No. 1, dated May 16, 2007, that certain Prospectus Supplement No. 2, dated February 24, 2009 and that certain Prospectus Supplement No. 3, dated May 19, 2009 (collectively, the “Prospectus”) of SIGA Technologies, Inc. (“SIGA”) relating to the offer and sale from time to time by certain selling stockholders of up to 3,272,400 shares common stock, par value $.0001 per share (the “Shares”).  This number of Shares represents the aggregate of 2,000,000 shares issued and 1,000,000 shares underlying warrants issued pursuant to a securities purchase agreement dated October 19, 2006, between SIGA and certain investors thereto, as well as 136,200 shares underlying warrants issued pursuant to an Exclusive Finder's Agreement dated November 1, 2005, between SIGA and The Shemano Group, Inc., and 136,200 shares underlying warrants issued pursuant to a Finder's Agreement dated October 19, 2006, between SIGA and Empire Financial Group, Inc. This Prospectus Supplement should be read in conjunction with, and may not be delivered or utilized without, the Prospectus. This Prospectus Supplement is qualified by reference to the Prospectus, except to the extent that the information in this Prospectus Supplement supersedes the information contained in the Prospectus.
 
Investing in our Shares involves a high degree of risk. See “Risk Factors” beginning on page 6 of the Prospectus.
 
NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS
PROSPECTUS IS TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
 
One of the selling stockholders, Lucinda Lee TTEE FBO The Gary Shemano Son’s Trust (the “Shemano Trust”), transferred a warrant to purchase certain Shares to Warrant Strategies Fund, L.L.C. (“WSF”) in June 2009.  The purpose of this Prospectus Supplement is to amend the Selling Stockholders table in order to reflect the transfer of such underlying Shares from the Shemano Trust to WSF.  Accordingly, this Prospectus Supplement No. 4 amends the Selling Stockholders table beginning on page 16 in the Prospectus by amending the Shemano Trust and WSF lines in the Selling Stockholders table to reflect the transfer of the Shares underlying the transferred warrant from the Shemano Trust to WSF.  All other information in the Prospectus shall remain unchanged.  Percentage of beneficial ownership was calculated based on 36,240,495 Shares outstanding as of April 25, 2009.
 
 
Shares Beneficially Owned
Prior to Offering
Shares Being
    Offered     
Shares Beneficially
  Owned After Offering
 
Number
Percent
 
Number
Percent
Name of Beneficial Owner
         
           
Lucinda Lee, Trustee for the benefit of the
 
 
     
Gary Shemano Son’s Trust
70,000
*
70,000
--
0.0%
Warrant Strategies Fund, L.L.C.  
85,130
*
 
85,130
 
--
 
0.0%
__________
* Less than 1.0%