Hythiam files $20 million shelf

By Susanna Moon

Chicago, April 3 - Hythiam, Inc. registered to sell $20 million of securities in an S-3 filing with the Securities and Exchange Commission.

Covered by the shelf filing are debt securities, units, warrants, preferred stock and common stock. The securities may be issued as convertible.

Proceeds will be used for general corporate purposes.

Los Angeles-based Hythiam develops and commercializes treatments for drug and alcohol dependency for rehabilitation centers.

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