Form S-8

As filed with the Securities and Exchange Commission on June 26, 2013

Registration No. 333-          

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

CELL THERAPEUTICS, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Washington   91-1533912

(State or Other Jurisdiction of

Incorporation or Organization)

  

(I.R.S. Employer

Identification No.)

3101 Western Avenue, Suite 600

Seattle, Washington 98121

(Address, Including Zip Code, of Principal Executive Offices)

 

 

Cell Therapeutics, Inc. 2007 Equity Incentive Plan

(Full Title of the Plan)

 

 

James A. Bianco, M.D.

President and Chief Executive Officer

Cell Therapeutics, Inc.

3101 Western Avenue, Suite 600

Seattle, Washington 98121

(206) 282-7100

(Name, Address and Telephone Number, Including Area Code, of Agent for Service)

COPY TO:

C. Brophy Christensen, Esq.

O’Melveny & Myers LLP

Two Embarcadero Center, 28th Floor

San Francisco, California 94111

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨    Smaller reporting company   ¨

 

 

CALCULATION OF REGISTRATION FEE

 

 

Title of Securities

To Be Registered

  

Amount

To Be

Registered

  

Proposed

Maximum

Offering Price

Per Share

  

Proposed

Maximum

Aggregate

Offering Price

  

Amount Of

Registration Fee

Common Stock, no par value per share, issuable under the 2007 Equity Incentive Plan

   12,000,000(1)(2) shares   $1.06(3)   $12,720,000(3)   $1,735.01(3)

 

 

(1) 

This Registration Statement covers, in addition to the number of shares of Cell Therapeutics, Inc., a Washington corporation (the “Company” or the “Registrant”), common stock, no par value per share (the “Common Stock”), stated above, options and other rights to purchase or acquire the shares of Common Stock covered by this Registration Statement and, pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), an additional indeterminate number of shares, options and rights that may be offered or issued pursuant to the Cell Therapeutics, Inc. 2007 Equity Incentive Plan, as amended and restated (the “Plan”), as a result of one or more adjustments under the Plan to prevent dilution resulting from one or more stock splits, stock dividends or similar transactions.

(2) 

Each share of Common Stock is accompanied by a preferred stock purchase right pursuant to the Shareholder Rights Agreement, dated as of December 28, 2009, between the Company and Computershare Trust Company, N.A., as Rights Agent (the “Rights Agent”), and as subsequently amended.

(3) 

Pursuant to Securities Act Rule 457(h), the maximum offering price, per share and in the aggregate, and the registration fee were calculated based upon the average of the high and low prices of the Common Stock on June 24, 2013, as quoted on The Nasdaq Capital Market.

The Exhibit Index for this Registration Statement is at page 7.

 

 

 

EXPLANATORY NOTE

This Registration Statement is filed by the Company to register additional securities issuable pursuant to the Plan and consists of only those items required by General Instruction E to Form S-8.

 

 

PART I

INFORMATION REQUIRED IN THE

SECTION 10(a) PROSPECTUS

The document(s) containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Securities Act Rule 428(b)(1).

 

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PART II

INFORMATION REQUIRED IN THE

REGISTRATION STATEMENT

 

Item 3. Incorporation of Certain Documents by Reference

The following documents of the Company filed with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference:

 

  (a) The Company’s Registration Statements on Form S-8, filed with the Commission on June 27, 2003, February 13, 2004, August 6, 2004, October 11, 2007, July 7, 2008, March 27, 2009, November 6, 2009, October 20, 2010, November 23, 2011 and September 20, 2012 (Commission File Nos. 333-106571, 333-112791, 333-118016, 333-146624, 333-152168, 333-158260, 333-162955, 333-170044, 333-178158 and 333-184004, respectively);

 

  (b) The Company’s Annual Report on Form 10-K for its fiscal year ended December 31, 2012, filed with the Commission on February 28, 2013 (Commission File No. 001-12465);

 

  (c) The Company’s Quarterly Report on Form 10-Q for its fiscal quarter ended March 31, 2013, filed with the Commission on May 2, 2013 (Commission File No. 001-12465);

 

  (d) The Company’s Current Reports on Form 8-K, filed with the Commission on March 22, 2013, March 27, 2013, March 28, 2013 (excluding Item 7.01 and Exhibit 99.1), April 9, 2013, June 24, 2013 and June 26, 2013 (excluding Item 7.01 and Exhibits 99.1 and 99.2) (each, Commission File No. 001-12465);

 

  (e) The description of the Company’s Common Stock contained in its Registration Statement on Form 10 filed with the Commission on June 27, 1996, as amended (Commission File No. 001-12465), and any other amendment or report filed for the purpose of updating such description; and

 

  (f) The description of the Company’s Preferred Stock Purchase Rights contained in its Registration Statement on Form 8-A filed with the Commission on December 28, 2009 (Commission File No. 001-12465), as amended by Amendment No 1. to Form 8-A filed with the Commission on May 17, 2011 (Commission File No. 001-12465), and Registration Statement on Form 8-A filed with the Commission on September 6, 2012 (Commission File No. 000-28386), as amended by Amendment No. 1 to Form 8-A filed with the Commission on December 7, 2012 (Commission File No. 000-28386) and any other amendment or report filed for the purpose of updating such description.

All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents; provided, however, that documents or information deemed to have

 

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been furnished and not filed in accordance with Commission rules shall not be deemed incorporated by reference into this Registration Statement. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or amended, to constitute a part of this Registration Statement.

 

Item 5. Interests of Named Experts and Counsel

Not applicable.

 

Item 8. Exhibits

See the attached Exhibit Index at page 7, which is incorporated herein by reference.

 

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SIGNATURES

Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Seattle, State of Washington, on June 26, 2013.

 

CELL THERAPEUTICS, INC.
By:   /s/ James A. Bianco, M.D.
  James A. Bianco, M.D.
  President and Chief Executive Officer

POWER OF ATTORNEY

Each person whose signature appears below constitutes and appoints James A. Bianco, M.D. and Louis A. Bianco, and each of them, acting individually and without the other, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or either of them individually, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

 

Signature

   

Title

  

Date

/s/ James A. Bianco, M.D.

James A. Bianco, M.D.

   

President, Chief Executive Officer and Director

(Principal Executive Officer)

   June 26, 2013

/s/ Louis A. Bianco

Louis A. Bianco

   

Executive Vice President, Finance and Administration

(Principal Financial and

Accounting Officer)

   June 26, 2013

/s/ Phillip M. Nudelman, Ph.D.

Phillip M. Nudelman, Ph.D.

   

Chairman of the Board

   June 26, 2013

 

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Signature

   

Title

  

Date

/s/ John H. Bauer

John H. Bauer

   

Director

   June 26, 2013

/s/ Vartan Gregorian, Ph.D.

Vartan Gregorian, Ph.D.

   

Director

   June 26, 2013

/s/ Richard L. Love

Richard L. Love

   

Director

   June 26, 2013

/s/ Mary O. Mundinger, DrPH

Mary O. Mundinger, DrPH

   

Director

   June 26, 2013

/s/ Jack W. Singer, M.D.

Jack W. Singer, M.D.

   

Director

   June 26, 2013

/s/ Frederick W. Telling, Ph.D.

Frederick W. Telling, Ph.D.

   

Director

   June 26, 2013

/s/ Reed V. Tuckson, M.D.

Reed V. Tuckson, M.D.

   

Director

   June 26, 2013

 

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EXHIBIT INDEX

 

Exhibit
Number

   

Description of Exhibit

4.    Cell Therapeutics, Inc. 2007 Equity Incentive Plan, as amended and restated. (Filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Commission pursuant to Section 14(a) of the Exchange Act on June 26, 2013 (Commission File No. 001-12465) and incorporated herein by this reference.)
5.    Opinion of O’Melveny & Myers LLP (opinion re legality).
23.1    Consent of Marcum LLP. (consent of independent registered public accounting firm).
23.2    Consent of Counsel (included in Exhibit 5).
24.    Power of Attorney (included in this Registration Statement under “Signatures”).

 

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