Interlink investors purchase warrants, report 36.5% share in company

By Lisa Kerner

Charlotte, N.C., Aug. 9 - Interlink Electronics, Inc. investors Austin W. Marxe and David M. Greenhouse reported the purchase of convertible bonds and warrants by their various funds in a private placement transaction in July as follows:

• Special Situations Technology Fund, LP purchased 117,857 warrants and 297,000 convertibles;

• Special Situations Technology Fund II, LP purchased 805,952 warrants and 2,031,000 convertibles;

• Special Situations Fund III, LP purchased 30,952 warrants and 78,000 convertibles; and

• Special Situations Fund III QP, LP purchased 225,794 warrants and 569,000 convertibles.

The convertibles were purchased at an average price of $100.

The placement was reported in a schedule 13D filing with the Securities and Exchange Commission.

Marxe and Greenhouse beneficially own a total of 6,316,198 shares of common stock, or 36.5% of the company's outstanding shares.

Interlink is a Camarillo, Calif.-based designer and manufacturer of human interface products and technologies.

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