Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : MultiCell Technologies, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Shawn Donahue who wrote (53)	5/19/2005 4:57:24 PM
From: Shawn Donahue	Read Replies (1) \| Respond to of 237

Form 8-K for MULTICELL TECHNOLOGIES INC. -------------------------------------------------------------------------------- 19-May-2005 Material Modifications, Change in FYE or Articles, Financial Statemen ITEM 3.03. Material Modifications to Rights of Security Holders. Reverse Stock Split. On May 18, 2005, MultiCell Technologies, Inc. (the Company) announced that its Board of Directors approved a one-for-five reverse stock split of the Company's outstanding common stock, effective at 5:00 P.M. EDT on May 18, 2005. The reverse stock split was approved by the Company's stockholders on May 18, 2005. As a result of the reverse stock split, the shares of the Company's common stock have a new CUSIP number: 62544S 20 0. To effect the reverse stock split, the Company filed an amendment to the Company's Certificate of Incorporation, as amended, with the Delaware Secretary of State on May 18, 2005, a copy of which is attached hereto as Exhibit 3.8. As a result of the reverse stock split, each outstanding five shares of the Company's common stock held by a stockholder will be exchanged for one share of the Company's common stock. No rights of the holders of the Company's common stock will be affected in any other manner. A copy of the press release announcing the approval and implementation of the reverse stock split is attached as Exhibit 99.1 to this report. ITEM 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Amendment to Certificate of Incorporation, as amended. Effective May 18, 2005, at 5:00 P.M. EDT, the Certificate of Incorporation of the Company was amended to effect a one-for-five reverse split of the outstanding common stock of the Company, as stated above, pursuant to the filing of a Certificate of Amendment with the Delaware Secretary of State, a copy of which is attached hereto as Exhibit 3.8. Amended and Restated Bylaws. Effective May 18, 2005, the Bylaws of the Company were amended and restated in the form attached hereto as Exhibit 3.9, which is incorporated herein by this reference. ITEM 9.01. Financial Statements and Exhibits. Exhibits The exhibits listed below are being furnished with this Form 8-K: Exhibit No. Description 3.8 Certificate of Amendment to Certificate of Incorporation, as amended 3.9 Amended and Restated Bylaws of the Company 99.1 Press Release dated May 18, 2005 biz.yahoo.com