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Frequently Asked Questions

Chelsea continues to grow as company by building a strong and diverse pipeline in multiple therapeutic categories and varied stages of clinical development. We are dedicated to increasing shareholder value by accelerating the development of lead product candidates and the expansion of our pipeline. We appreciate your continued support and interest in Chelsea Therapeutics. Below, please find the answers to some frequently asked questions:

When was Chelsea Therapeutics founded?
Where are your corporate headquarters?
When did Chelsea become a public company?
What exchange is Chelsea stock listed on--what is your stock symbol?
How many employees does Chelsea have?
What is the financial year for Chelsea?
How many shares are outstanding?
Who is Chelsea's transfer agent?
Whom do I contact with questions about my shares or a misplaced stock certificate?
What is the CUSIP number for Chelsea?
Can I purchase shares directly from the company?

When was Chelsea Therapeutics founded?

Chelsea was founded in 2002 in New York under the name Aspen Therapeutics, Inc. In July of 2004, the company was renamed Chelsea Therapeutics, Inc. and established its new corporate headquarters in Charlotte, NC.

In February of 2005, Chelsea completed a reverse merger with Ivory Capital Corporation and began trading on the bulletin board under the ticker IVRC. In July of 2005, the company reincorporated in the state of Delaware under the name Chelsea Therapeutics International, Ltd. and began trading under the ticker CHTP.

Where are your corporate headquarters?

Our corporate headquarters are located at 13950 Ballantyne Corporate Place, Suite 325, Charlotte, NC 28277

When did Chelsea become a public company?

In February 2005, we completed a reverse merger with Ivory Capital Corporation and began trading under the ticker IVRC. Following our reincorporation in Delaware, Chelsea began trading under the ticker CHTP.

What exchange is Chelsea stock listed on--what is your stock symbol?

Our common stock is listed on the NASDAQ Capital Market under the symbol "CHTP".

How many employees does Chelsea have?

Chelsea has 13 employees.

What is the financial year for Chelsea?

Our fiscal year matches the calendar year.

How many shares are outstanding?

As of March 7, 2008, we had 29.96 million shares of common stock outstanding and 37.09 million on a fully diluted basis.

Who is Chelsea's transfer agent?

Corporate Stock Transfer, Inc. is our transfer agent. Corporate Stock Transfer is responsible for maintaining all records of registered stockholders (including change of address and name), canceling or issuing stock certificates, and resolving problems related to lost, destroyed or stolen certificates. If your shares are held in Street name, you will have to contact your broker for these services. You may contact the transfer agent at:

Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209

Telephone (303) 282-4800
Fax (303) 282-5800

http://www.corporatestock.com/
Email: info@corporatestock.com

Whom do I contact with questions about my shares or a misplaced stock certificate?

Contact our transfer agent, Corporate Stock Transfer:

Corporate Stock Transfer, Inc.
3200 Cherry Creek Drive South
Suite 430
Denver, CO 80209

Telephone (303) 282-4800
Fax (303) 282-5800

http://www.corporatestock.com/
Email: info@corporatestock.com

What is the CUSIP number for Chelsea?

The CUSIP# for the Chelsea Common Stock is 163428105.

Can I purchase shares directly from the company?

No, Chelsea does not have a direct stock purchase plan. Shares may be purchased through a broker of your choice.