Current Report Filing (8-k)
August 02 2017 - 1:01PM
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):
|
|
August
1, 2017
|
Marina
Biotech, Inc.
(Exact name of registrant as specified in its charter)
Delaware
|
|
000-13789
|
|
11-2658569
|
(State
or other jurisdiction
of
incorporation)
|
|
(Commission
File
Number)
|
|
(I.R.S.
Employer
Identification
No.)
|
17870
Castleton Street, Suite 250
City
of Industry, CA
|
|
91748
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code:
|
626-964-5788
|
N/A
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 [ ]
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
5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On
August 1, 2017, Marina Biotech, Inc. (the “Company”) filed a Certificate of Amendment of its Amended and Restated
Certificate of Incorporation (the “Certificate of Amendment”) to effect a one-for-ten reverse split of the Company’s
issued and outstanding shares of common stock, par value $0.006 per share. The common stock will commence trading on the OTCQB
tier of the OTC Markets on a split-adjusted basis as of the opening of trading on Thursday, August 3, 2017. The common stock will
continue to trade under the ticker symbol “MRNA”, although the letter “D” will be temporarily appended
to the ticker symbol for twenty trading days following the reverse split. The Company’s stockholders, at the 2017 Annual
Meeting of Stockholders, had previously authorized the Company’s Board of Directors to effect a reverse stock split within
a range of ratios, including one-for-ten, at any time within two (2) years following such Annual Meeting, to be determined by
the Board, to be in the best interest of the Company.
Following
the reverse split, the total number of shares outstanding will be proportionately reduced in accordance with the reverse split.
Further, any outstanding options, warrants and rights as of the effective date that are subject to adjustment will be adjusted
accordingly. These adjustments may include adjustments to the number of shares of common stock that may be obtained upon exercise
or conversion of these securities, and the applicable exercise or purchase price as well as other adjustments.
There
will be no change to the authorized shares of common stock of the Company as a result of the reverse stock split. No fractional
share shall be issued in connection with the reverse split; any fraction of a share of common stock that would otherwise have
resulted from the reverse stock split shall be rounded up to the nearest whole share of common stock.
The
Company’s transfer agent is American Stock Transfer & Trust Company, LLC. The new CUSIP number for the post-reverse
common stock will be 56804Q 300.
A
copy of the Certificate of Amendment is attached hereto as Exhibit 3.1 and incorporated herein by reference in its entirety.
Item
8.01 Other Events.
On
August 2, 2017, the Company issued a press release announcing that it had filed the Certificate of Amendment to effect the reverse
split. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits:
Exhibit
No.
|
|
Description
|
|
|
|
3.1
|
|
Certificate
of Amendment of the Amended and Restated Certificate of Incorporation.
|
|
|
|
99.1
|
|
Press
release of Marina Biotech, Inc. dated August 2, 2017.
|
SIGNATURES
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.
|
Marina
Biotech, Inc.
|
|
|
|
August
2, 2017
|
By:
|
/s/
Joseph W. Ramelli
|
|
Name:
|
Joseph
W. Ramelli
|
|
Title:
|
Chief
Executive Officer
|
EXHIBIT
INDEX
Exhibit
No.
|
|
Description
|
|
|
|
3.1
|
|
Certificate
of Amendment of the Amended and Restated Certificate of Incorporation.
|
|
|
|
99.1
|
|
Press
release of Marina Biotech, Inc. dated August 2, 2017.
|