form8k_oct222009.htm
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 22, 2009
BioTime, Inc.
(Exact name of registrant as specified in its charter)
California |
1-12830 |
94-3127919 |
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1301 Harbor Bay Parkway
Alameda, California 94502
(Address of principal executive offices)
(510) 521-3390
(Registrant's telephone number, including area code)
Check the 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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Statements made in this Report that are not historical facts may constitute forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those discussed. Such risks and uncertainties include but are not limited
to those discussed in this report and in BioTime's other reports filed with the Securities and Exchange Commission. Words such as “expects,” “may,” “will,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions identify forward-looking statements.
Section 8 - Other Events
Item 8.01 Other Events.
On October 22, 2009 our common shares and common share purchase warrants were approved for listing on the NYSE Amex. Trading is expected to commence on the NYSE Amex on Friday, October 30, 2009 under the same ticker symbols ‘BTIM’ for the common shares and “BTIMW” for the warrants. Prior to that
date, BioTime's common shares and warrants will continue to trade on the Over-The-Counter Bulletin Board (OTCBB).
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
Exhibit Number |
|
Description |
|
|
|
99.1 |
|
Press Release Dated October 22, 2009 |
SIGNATURES
Pursuant 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.
|
BIOTIME, INC. |
|
|
|
|
Date: October 22, 2009 |
By /s/ Steven A. Seinberg |
|
Chief Financial Officer |
|
|
Exhibit Number |
|
Description |
|
|
|
99.1 |
|
Press Release Dated October 22, 2009 |
|
|
|
|
|
|
4
ex99_1.htm
Exhibit 99.1
BioTime, Inc. |
|
1301 Harbor Bay Parkway |
|
|
Alameda, CA 94502 |
|
|
Tel: 510-521-3390 |
|
|
Fax: 510-521-3389 |
|
|
www.biotimeinc.com |
|
|
www.embryome.com |
BIOTIME, INC. ANNOUNCES APPROVAL FOR NYSE AMEX LISTING
Trading will begin on Friday, October 30, 2009
ALAMEDA, CA, October 22, 2009 – BioTime, Inc. (OTCBB: BTIM), a biotechnology company that develops and markets products in the field of stem cells and regenerative medicine, today announced that its common stock and warrants have been approved for listing on the NYSE Amex. Trading
is expected to commence on the NYSE Amex on Friday, October 30, 2009 under the same ticker symbols ‘BTIM’ (NYSE Amex: BTIM) for the common stock and “BTIMW” for the warrants. Prior to that date, BioTime's shares and warrants will continue to trade on the Over-The-Counter (OTC) Bulletin Board.
“We are pleased to be moving our stock listing from the OTC Bulletin Board to the NYSE Amex,” said Michael D. West, Ph.D., President and Chief Executive Officer of BioTime, Inc. “This listing marks an important strategic advancement for the Company in regard to raising our profile in the stem cell sector and improving
our stock’s liquidity. It will also improve our visibility as we continue to make progress on our corporate objectives.”
“We welcome BioTime, Inc. to the NYSE Euronext family of listed companies and to NYSE Amex,” said Scott Culter, NYSE Euronext Executive Vice President and Head of Listings, Americas. “BioTime and the company’s shareholders will benefit from superior
market quality and technology, a broad array of issuer and investor services, and global brand association. We look forward to building a strong and lasting partnership with the BioTime team and their shareholders.”
About BioTime, Inc.
BioTime, headquartered in Alameda, California, is a biotechnology company focused on regenerative medicine and blood plasma volume expanders. BioTime develops and markets research products in the field of stem cells and regenerative medicine through its wholly owned subsidiary Embryome Sciences, Inc. BioTime’s subsidiary
OncoCyte Corporation focuses on the therapeutic applications of stem cell technology in cancer. BioTime also plans to develop therapeutic products in China for the treatment of ophthalmologic, skin, musculo-skeletal system and hematologic diseases, including the targeting of genetically modified stem cells to tumors as a novel means of treating currently incurable forms of cancer through its subsidiary BioTime Asia. In addition to its stem cell products, BioTime markets blood plasma volume expanders and related
technology for use in surgery, emergency trauma treatment, and other applications. BioTime's lead product, Hextend®, is a blood plasma volume expander manufactured and distributed in the U.S. by Hospira, Inc. and in South Korea by CJ CheilJedang Corp. under exclusive licensing agreements. Additional information about BioTime can be found on
the web at www.biotimeinc.com.
Forward-Looking Statements
Statements pertaining to future financial and/or operating results, future growth in research, technology, clinical development and potential opportunities for the company and its subsidiaries, along with other statements about the future expectations, beliefs, goals, plans, or prospects expressed by management constitute
forward-looking statements. Any statements that are not historical fact (including, but not limited to statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects,” “estimates,”) should also be considered to be forward-looking statements. Forward-looking statements involve risks and uncertainties, including, without limitation, risks inherent in the development and/or commercialization of potential products,
uncertainty in the results of clinical trials or regulatory approvals, need and ability to obtain future capital, and maintenance of intellectual property rights. Actual results may differ materially from the results anticipated in these forward-looking statements and as such should be evaluated together with the many uncertainties that affect the company's business, particularly those mentioned in the cautionary statements found in the company's Securities and Exchange Commission filings. The company disclaims
any intent or obligation to update these forward-looking statements.
Contact:
BioTime, Inc.
Judith Segall
jsegall@biotimemail.com
510-521-3390, ext 301
To receive ongoing BioTime corporate communications, please click on the following link to join our email alert list: http://www.b2i.us/irpass.asp?BzID=1152&to=ea&s=0