-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Mb7zqm/4LpbSxa3VBkDz5VnXPUyOh5I+L4J65FTra3bC7h0QrXF3YerPRgBTH0lf Pn2jTcHV3SwZQ4Jn3v9NcQ== 0001144204-04-010777.txt : 20040730 0001144204-04-010777.hdr.sgml : 20040730 20040730141941 ACCESSION NUMBER: 0001144204-04-010777 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040730 ITEM INFORMATION: Other events FILED AS OF DATE: 20040730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RITA MEDICAL SYSTEMS INC CENTRAL INDEX KEY: 0001056421 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 943199149 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30959 FILM NUMBER: 04941836 BUSINESS ADDRESS: STREET 1: 967 N SHORELINE BLVD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94013 BUSINESS PHONE: 6503858500 MAIL ADDRESS: STREET 1: 967 NORTH SHORELINE BLVD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 8-K 1 v05175_8k.htm Unassociated Document



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

July 30, 2004
Date of Report
(Date of earliest event reported)


RITA Medical Systems, Inc.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)
 
 

 000-30959

 94-3199149

 (Commission File Number)

(I.R.S. Employer Identification No.)


967 N. Shoreline Blvd.
Mountain View, CA 94043
(Address of principal executive offices, with zip code)

(650) 314-3400
(Registrant's telephone number, including area code)



 
     

 
 
Item 5. Other Events and Required FD Disclosure.

On July 30, 2004, RITA Medical Systems, Inc. announced that it had completed its merger with Horizon Medical Products, Inc. effective July 29, 2004. A copy of the press release that briefly explains the key terms of the merger is attached as Exhibit 99.1 hereto and incorporated by reference herein.


 
     

 
 
SIGNATURES


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.


                   

     
  RITA Medical Systems, Inc.
 
 
 
 
 
 
Date: July 30, 2004 By:   /s/ Donald Stewart
 
  Donald Stewart, Chief Financial Officer and Vice President Finance and Administration

 
 
     

 
 
EX-99.1 2 v05175_ex99-1.htm Unassociated Document


 
 
Contact: Allen & Caron Inc RITA Medical Systems, Inc.
  Jill Bertotti (investors) Don Stewart, Chief Financial Officer
  Len Hall (media) Stephen Pedroff, VP Marketing Communications
  949-474-4300  650-314-3400
  jill@allencaron.com  dstewart@ritamed.com 
  len@allencaron.com  spedroff@ritamed.com 

 
RITA MEDICAL SYSTEMS COMPLETES MERGER WITH HORIZON MEDICAL PRODUCTS

MOUNTAIN VIEW, CA, July 30, 2004 - RITA Medical Systems, Inc. (Nasdaq: RITA) today announced that it completed its merger with Horizon Medical Products, Inc. effective on July 29, 2004. On July 29, 2004, RITA stockholders approved the issuance of shares of RITA common stock to the holders of shares of Horizon common stock in connection with the merger at RITA’s Annual Meeting of Stockholders. Also on July 29, 2004, Horizon’s shareholders voted to approve the merger agreement and the merger between the two companies. Horizon shareholders will receive 0.4212 newly issued shares of RITA common stock for each share of Horizon common stock. RITA will account for the merger under the purchase method of accounting for business combinations. The combined company will continue to operate under the name RITA Me dical Systems, Inc. and will continue to trade on the Nasdaq National Market under the ticker “RITA.” Effective upon the opening of the market on Friday, July 30, 2004, Horizon’s common stock will be de-listed from the American Stock Exchange The combined company is headquartered in Mountain View, California and has operations in Mountain View, California and Manchester, Georgia.

Joseph M. DeVivo, President and Chief Executive Officer of RITA Medical commented, “We are gratified to have received the overwhelming support of our stockholders in approving this merger. The important work of integrating our two companies is proceeding according to plan, and we look forward to building a company that will lead the market in medical oncology devices.”


MORE-MORE-MORE
 
 
 
     

 
 
MERGER COMPLETED
2-2-2

In connection with the merger, RITA’s Board of Directors will consist of nine members, three of whom were Directors of Horizon as of the closing. The names of the Class I directors whose terms will expire at the Company's 2007 Annual Meeting of Stockholders are Mr. Bucci, Mr. Halsted and Mr. Harold Blue, a former director of Horizon appointed by RITA’s board of directors and President of Commonwealth Group Holdings, LLC. The names of the Class II directors whose terms will expire at the Company's 2005 Annual Meeting are Mr. John Gilbert, Mr. Wesley E. Johnson, Jr. and Mr. James E. Brands, a former director of Horizon appointed by RITA’s board of directors and founder of Brands & Co., a business and financial consulting firm. The names of the Class III directors whose terms will expire at the Company's 2006 Annual Meeting are Mr. Joseph DeViv o, Mr. Randy Lindholm and Mr. Robert D. Tucker, a former director of Horizon appointed by RITA’s board of directors and Chairman and Chief Executive Officer of Maximum Benefits, LLC, a telecommunications company.
 

 
RITA Medical Systems develops, manufactures and markets innovative products for cancer patients including radiofrequency ablation (RFA) systems for treating cancerous tumors as well as percutaneous vascular and spinal access systems. The Company's oncology product lines include implantable ports, some of which feature its proprietary VTX® technology; tunneled central venous catheters; and stem-cell transplant catheters used primarily in cancer treatment protocols. The proprietary RITA system uses radiofrequency energy to heat tissue to a high enough temperature to ablate it or cause cell death. In March 2000, RITA became the first RFA Company to receive specific FDA clearance for unresectable liver lesions in addition to its previous general FDA clearance for the ablation of soft tissue. In October 2002, RITA again became the first company to receive spe cific FDA clearance, this time, for the palliation of pain associated with metastatic lesions involving bone.
 
The statements in this news release related to the use of the Company's technology and the Company’s future financial and operating performance are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Information regarding these risks is included in the Company's filings with the Securities and Exchange Commission.

###


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-----END PRIVACY-ENHANCED MESSAGE-----