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<SEC-DOCUMENT>0001144204-10-039617.txt : 20100728
<SEC-HEADER>0001144204-10-039617.hdr.sgml : 20100728
<ACCEPTANCE-DATETIME>20100727190724
ACCESSION NUMBER:		0001144204-10-039617
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100727
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20100728
DATE AS OF CHANGE:		20100727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVELOS THERAPEUTICS, INC.
		CENTRAL INDEX KEY:			0001279704
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				043321804
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-119366
		FILM NUMBER:		10972645

	BUSINESS ADDRESS:	
		STREET 1:		ONE GATEWAY CENTER, SUITE 504
		CITY:			NEWTON
		STATE:			MA
		ZIP:			02458
		BUSINESS PHONE:		617-244-1616

	MAIL ADDRESS:	
		STREET 1:		ONE GATEWAY CENTER, SUITE 504
		CITY:			NEWTON
		STATE:			MA
		ZIP:			02458

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMMON HORIZONS INC
		DATE OF NAME CHANGE:	20040211
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AND EXCHANGE COMMISSION</font></div>
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appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>As previously reported on the Form 8-K
filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) by us on July 22,
2010, we entered into securities purchase agreements with institutional
investors on July 21, 2010.&#160;&#160;On July 27, 2010, pursuant to the
securities purchase agreements, we completed the sale of an aggregate of
21,428,576 shares of our common stock and five-year warrants to purchase up to
an aggregate of 16,071,434 shares of our common stock at an exercise price of
$0.07 per share, for gross proceeds of $1.5 million.&#160;&#160;After deducting
transaction costs, we estimate that the net proceeds will be approximately $1.25
million.</font></div>
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filed with the SEC by us on July 22, 2010, we obtained the consent of our
preferred stockholders for the transaction pursuant to a consent and waiver
dated July 6, 2010, as amended on July 21, 2010.&#160;&#160;In connection with
obtaining this consent, we have agreed to issue five-year warrants to our
preferred stockholders for the purchase of up to an aggregate of 16,071,434
shares of common stock at an exercise price of $0.105 per share.</font></div>
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to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></div>
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