Current Report Filing (8-k)
July 10 2017 - 8:01AM
Edgar (US Regulatory)
UNITED STATES
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):
July 10, 2017
BIOSTAGE, INC.
(Exact name of registrant as specified in
its charter)
Delaware
|
001-35853
|
45-5210462
|
(State or other jurisdiction
of incorporation)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
84 October Hill Road, Suite 11, Holliston, MA
|
01746
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrant's telephone number, including
area code:
(774) 233-7300
(Former name or former address, if changed
since last report)
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))
|
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
x
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
¨
|
Item 7.01.
|
Regulation FD Disclosure.
|
On July 10, 2017, Biostage, Inc. (the “Company”)
issued a press release announcing that the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request
for continued listing on Nasdaq and accepted the Company’s plan to regain compliance with the continued listing requirements,
including Listing Rule 5550(a)(2), which requires an issuer to maintain a closing bid price of at least $1.00 per share, and Listing
Rule 5550(b)(1), which requires a minimum stockholders equity of $2.5 million. The Company’s continued listing is subject
to a number of conditions, with the Panel’s decision ultimately requiring that the Company evidence full compliance with
all requirements for continued listing on The Nasdaq Capital Market, including the $1.00 bid price and $2.5 million stockholders’
equity requirements, by no later than November 13, 2017. A copy of the Press Release is being filed as Exhibit 99.1 hereto, which
is incorporated by reference herein.
The information disclosed under this Item
7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, as amended,
except as expressly set forth by specific reference in such filing.
|
Item 9.01.
|
Financial Statements and Exhibits.
|
(d) Exhibits.
Exhibit
Number
|
|
Title
|
99.1
|
|
Press Release issued by Biostage, Inc. on July 10, 2017.
|
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
|
BIOSTAGE, INC.
|
|
|
(Registrant)
|
|
|
|
July 10, 2017
|
|
/s/ Thomas McNaughton
|
(Date)
|
|
Thomas McNaughton
Chief Financial Officer
|
INDEX TO EXHIBITS
Exhibit
Number
|
|
Description of Exhibit
|
99.1
|
|
Press Release issued by Biostage, Inc. on July 10, 2017.
|
|
|
|
|
Biostage (QB) (USOTC:BSTG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Biostage (QB) (USOTC:BSTG)
Historical Stock Chart
From Apr 2023 to Apr 2024