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www.fdanews.com/articles/80914-spectrum-to-raise-42-mln-through-public-offering

SPECTRUM TO RAISE $42 MLN THROUGH PUBLIC OFFERING

September 15, 2005

Spectrum Pharmaceuticals Inc. (SPPI.O: Quote, Profile, Research) said it would raise about $42 million through the issuance of about eight million shares of its common stock priced at $5.25 a share. In a news release, the company said purchasers of the common stock would receive six-year warrants to buy up to about four million shares of the its common stock at an exercise price of $6.62 per share.

Reuters (http://today.reuters.com/investing/financeArticle.aspx?type=newIssuesNews&storyID=2005-09-15T115259Z_01_WNA8189_RTRIDST_0_HEALTH-SPECTRUM-URGENT.XML)