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Last $0.0019 USD
Change Today 0.00 / 0.00%
Volume 0.0
CAMH On Other Exchanges
As of 8:10 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

cambridge heart inc (CAMH) Snapshot

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07/25/14 - $0.03
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cambridge heart inc (CAMH) Details

Cambridge Heart, Inc. engages in the research, development, and commercialization of products for the non-invasive diagnosis of cardiac disease. It provides Microvolt T-Wave Alternans (MTWA) Module that is designed to work with existing cardiac stress test platforms distributed by other manufacturers as an add-on module; HearTwave II System, which is used to perform MTWA testing and standard cardiac stress testing; Micro-V Alternans Sensors that are multi-segment electrodes used to obtain results from the MTWA Test; and CH2000, a cardiac diagnostic system designed to support a range of standard and physician-customized protocols for conducting and measuring cardiac exercise stress testing. The company sells its products to cardiology group practices, hospitals, and research institutions. It markets its products internationally through independent distributors. Cambridge Heart, Inc. was incorporated in 1990 and is based in Tewksbury, Massachusetts.

26 Employees
Last Reported Date: 06/5/12
Founded in 1990

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cambridge heart inc (CAMH) Key Developments

SEC Orders Hearings On Registration Suspension Or Revocation Against Cambridge Heart Inc. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Cambridge Heart Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

Cambridge Heart Inc. Announces Executive Changes

Cambridge Heart Inc. announced that Paul McCormick, Jack McGuire and Jeffrey Wiggins resigned from the company's Board of Directors, effective January 31, 2014. McCormick, McGuire and Wiggins did not resign over any disagreement with the company's Board or its management. Effective January 21, 2014, the Board of Directors of the company voted to increase the number of company directors to four and elected Craig R. Jalbert, CIRA, as a director to fill the vacancy resulting from the Board's enlargement. At the same meeting, the Board appointed Mr. Jalbert as President, Secretary and Treasurer of the company for the purpose of assisting with the wind-down of the company's business affairs. Mr. Jalbert, age 52, was retained by the company as a consultant on December 31, 2013 to assist with the transition and wind-down of the company's business affairs.

Cambridge Heart, Inc. Receives Resignation Notice from McGladrey LLP as Independent Registered Public Accounting Firm

On January 31, 2014, Cambridge Heart Inc. received notice from McGladrey LLP that McGladrey was resigning as the company's independent registered public accounting firm effective immediately.


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