0001144204-16-123362.txt : 20160909 0001144204-16-123362.hdr.sgml : 20160909 20160909140402 ACCESSION NUMBER: 0001144204-16-123362 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160909 FILED AS OF DATE: 20160909 DATE AS OF CHANGE: 20160909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Transition Therapeutics Inc. CENTRAL INDEX KEY: 0001399250 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33514 FILM NUMBER: 161878543 BUSINESS ADDRESS: STREET 1: 101 COLLEGE STREET STREET 2: SUITE 220 CITY: TORONTO STATE: A6 ZIP: M5G 1L7 BUSINESS PHONE: 416-260-7770 MAIL ADDRESS: STREET 1: 101 COLLEGE STREET STREET 2: SUITE 220 CITY: TORONTO STATE: A6 ZIP: M5G 1L7 6-K 1 v448583_6k.htm FORM 6-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16

Under the Securities Exchange Act of 1934

 

For the Month of September 2016

 

Commission File No.: 001-33514

 

TRANSITION THERAPEUTICS INC.

 

101 College Street, Suite 220, Toronto, Ontario, Canada M5G 1L7

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F         Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes        No

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes        No

 

The information furnished herewith is incorporated by reference into the following Registration Statements:

 

Registration Statement on Form S-8 No. 333-157279


 

 

 

  

The following information is furnished to the Securities and Exchange Commission as part of this report on Form 6-K:

 

EXHIBITS  

 

Exhibit No. Document
99.1 Material Change Report filed September 9, 2016.



 

 

 

 

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, thereunto duly authorized.

 

 

  TRANSITION THERAPEUTICS INC.
   
   
Date: September 9, 2016 By:  /s/ Nicole Rusaw  
  Name: Nicole Rusaw
  Title: Chief Financial Officer
     

 

EX-99.1 2 v448583_ex99-1.htm MATERIAL CHANGE REPORT FILED SEPTEMBER 9, 2016.

Exhibit 99.1

 

 

 

FORM 51-102F3

MATERIAL CHANGE REPORT

 

 

     
Item 1: Name and Address of Company  
     
  Transition Therapeutics Inc. (“Transition”)  
  Suite 220 – 101 College Street  
  Toronto, ON  M5G 1L7  
     
Item 2: Date of Material Change  
     
  August 31, 2016  
     
Item 3: News Release  
     
  A news release announcing the material change was disseminated on August 31, 2016 through Marketwire and filed on SEDAR.
     
Item 4: Summary of Material Change
     
  On August 31, 2016, OPKO Health Inc. (“OPKO”) completed its previously announced acquisition of Transition pursuant to an Arrangement Agreement, dated as of June 29, 2016 (the “Arrangement Agreement”), by and among OPKO, OPKO Global Holdings, Inc., a Cayman Islands corporation and a wholly owned subsidiary of OPKO (“Sub”), and Transition.  Under the terms of the Arrangement Agreement, Sub acquired all of the equity interests of Transition (the “Arrangement”), with Transition becoming a wholly owned subsidiary of Sub.
     
Item 5: Full Description of Material Change
     
  On August 31, 2016, OPKO completed its previously announced acquisition of Transition pursuant to the Arrangement Agreement.  Under the terms of the Arrangement Agreement, Sub acquired all of the equity interests of Transition, with Transition becoming a wholly owned subsidiary of Sub.
     
  At 12:01 a.m. on August 31, 2016, the effective time of the Arrangement (the “Effective Time”), Sub acquired all of the outstanding common shares, no par value per share, of Transition (the “Transition Common Shares”) in exchange for 6,430,868 shares of OPKO’s common stock, par value $0.01 per share (the “OPKO Common Stock”).  At the Effective Time, each issued and outstanding Transition Common Share (other than any Transition Common Shares held by OPKO or any OPKO affiliate) was converted and exchanged into shares of OPKO Common Stock using an exchange rate of 0.1657484 shares of OPKO Common Stock for each Transition Common Share.  No fractional shares of OPKO Common Stock were issued in the Arrangement; Transition’s stockholders will receive one share of OPKO Common Stock in lieu of any fractional shares, after taking into account all of the Transition Common Shares represented by certificates or book-entries, delivered by such stockholder.  All options to purchase Transition Common Shares were out-of-the money at the Effective Time and were terminated at the Effective Time.
     

 

 

 

 

     
  The Arrangement was approved by Transition’s stockholders at their meeting held on August 25, 2016 and was approved by the Ontario Superior Court of Justice in its final order dated August 29, 2016.
     
  OPKO Common Stock issued in connection with the Arrangement was issued in reliance upon an exemption from registration under U.S. federal securities laws provided by Section 3(a)(10) of the Securities Act for the issuance of securities in an exchange where the terms and conditions of such issuance and exchange are approved after a hearing upon the fairness of such terms and conditions at which all persons to whom it is proposed to issue securities in such exchange shall have the right to appear.
     
  Full details of the Arrangement are set out in Transition’s management information circular dated August 4, 2016, which is filed under Transition’s SEDAR profile at www.sedar.com.
     
Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102
     
  Not applicable.  
     
Item 7: Omitted Information  
     
  Not applicable.  
     
Item 8: Executive Officer  
     
  For further information, please contact Adam Logal, Vice President and Assistant Treasurer at (303) 575-4100.
     
Item 9: Date of Report  
     
  September 9, 2016.