Attached files
| file | filename |
|---|---|
| EX-99.1 - Oncotelic Therapeutics, Inc. | ex99-1.htm |
| EX-10.2 - Oncotelic Therapeutics, Inc. | ex10-2.htm |
| EX-10.1 - Oncotelic Therapeutics, Inc. | ex10-1.htm |
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)
June 10, 2020
MATEON THERAPEUTICS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 000-21990 | 13-3679168 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
29397 Agoura Road Suite 107
Agoura Hills, CA 91301
(Address of principal executive offices and Zip Code)
Registrant’s telephone number, including area code
(650) 635-7000
(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 (see General Instruction A.2. below):
| [ ] | 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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of class | Trading Symbols | Name of each exchange on which registered | ||
| N/A |
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 1.01 Entry into a Material Definitive Agreement.
OT-101 combination with other immunotherapy was licensed out to NantCell/NK cells (2017) and AutotelicBIO/IL-2 (2018). The termsheet with NantCell is binding and the definitive agreement with AutotelicBIO-IL-2 is now binding with the payment of the first milestone. These two agreements further the development of OT-101 as combination immunotherapy against cancers. Aggregate, Mateon is entitled up to $13M in milestone payments with royalty and profit sharing in the case of IL-2 license.
Item 8.01 Other Events
Press release
The press release on June 10, 2020 announcing the consummation of the IL-2 is included here as exhibit 99.1 and the licensing agreement with AutotelicBIO as exhibit 10.2 and the binding termsheet with NantCell as exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | Incorporation by reference | ||
| 10.1 | NantCell Binding Termsheet | Filed herewith. | ||
| 10.2 | AutotelicBIO Licensing Agreement | Filed herewith. | ||
| 99.1 | 6-10-2020 Press release | Filed herewith. |
| 2 |
SIGNATURE
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.
| Mateon Therapeutics, Inc. | ||
| Date: June 16, 2020 | /s/ Vuong Trieu | |
| By: | Vuong Trieu | |
| Chief Executive Officer | ||
| 3 |