0001144204-15-039370.txt : 20150626 0001144204-15-039370.hdr.sgml : 20150626 20150626161604 ACCESSION NUMBER: 0001144204-15-039370 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150626 DATE AS OF CHANGE: 20150626 EFFECTIVENESS DATE: 20150626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Celsus Therapeutics Plc. CENTRAL INDEX KEY: 0001541157 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 981034922 STATE OF INCORPORATION: X0 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36288 FILM NUMBER: 15955305 BUSINESS ADDRESS: STREET 1: 53 DAVIES STREET CITY: LONDON STATE: X0 ZIP: W1K 5JH BUSINESS PHONE: 646-878-0804 MAIL ADDRESS: STREET 1: C/O MARK COHEN, CHAIRMAN, PEARL COHEN STREET 2: 1500 BROADWAY, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: Morria Biopharmaceuticals PLC DATE OF NAME CHANGE: 20120201 DEFA14A 1 v414205_defa14a.htm DEFINITIVE ADDITIONAL MATERIALS

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934

 

Filed by the Registrant x

  

Filed by a Party other than the Registrant o

 

 

Check the appropriate box:

 

oPreliminary Proxy Statement

  

oConfidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

  

oDefinitive Proxy Statement

  

xDefinitive Additional Materials

  

oSoliciting Material under §240.14a-12

 

CELSUS THERAPEUTICS PLC

(Exact name of Registrant as specified in its charter)

 

Payment of Filing Fee (Check the appropriate box):

 

xNo fee required.

  

oFee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

  

1.Title of each class of securities to which transaction applies:

 

 
2.Aggregate number of securities to which transaction applies:

 

 
3.Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):

 

 
4.Proposed maximum aggregate value of transaction:

 

 
5.Total fee paid:

 

 

 

oFee paid previously with preliminary materials.

  

oCheck box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

  

1.Amount Previously Paid:

 

 
2.Form, Schedule or Registration Statement No.:

 

 
3.Filing Party:

 

 
4.Date Filed:

 

 

 

 
 

 

On May 28, 2015, Celsus Therapeutics Plc, a company organized under the laws of England and Wales (“Celsus” or the “Company”) filed a definitive proxy statement (the “Proxy Statement”) with the Securities and Exchange Commission in connection with the solicitation of proxies on behalf of the Board of Directors of the Company for use at the Annual General Meeting of Shareholders to be held on June 29, 2015, and at any adjournments or postponements thereof. The Annual General Meeting will be held at 1:00 p.m. (local time) at the offices of Celsus, 24 West 40th Street, 8th Floor, New York, New York 10018.  

 

This additional definitive proxy material is being filed with the Securities and Exchange Commission by the Company to correct an error in the Proxy Statement with respect to the membership of the committees of the Board of Directors and to clarify Mr. Cohen’s status as an independent director under the applicable rules and regulations of the NASDAQ Stock Market following the Annual General Meeting.

 

The second paragraph under “Corporate Governance - Director Independence” on page 11 of the Proxy Statement is replaced on its entirety with the following:

 

Based upon information requested from and provided by each director concerning their background, employment and affiliations, including family relationships, our Board of Directors has determined that Messrs. Shaw, Dr. Lau and Dr. Sidransky are independent under the applicable rules and regulations of the NASDAQ Stock Market.  Our Board of Directors also determined that Dr. David Sidransky, Mr. Doman and Mr. Eiran (Mr. Doman and Mr. Eiran to be replaced by Dr. Lau following the Annual General Meeting) who comprise our Compensation Committee; and Dr. Sidransky and Dr. Lau, who comprise our Nominating and Governance Committee, all satisfy the independence standards for such committees established by the SEC and the NASDAQ Marketplace Rules, as applicable. Our Audit Committee currently consists of three members appointed by the board of directors: Mr. Shaw, Dr. Lau and Mr. Eiran (to be replaced by Dr. Sidransky following the Annual General Meeting), all of whom are independent within the meaning of SEC corporate governance rules of independence for purposes of the Audit Committee. In making such determinations, our Board of Directors considered the relationships that each such non-employee director has with our company and all other facts and circumstances the Board of Directors deemed relevant in determining their independence. As of the date of the Annual General Meeting, Mr. Cohen will no longer have the title “Executive Chairman” but will remain as Chairman of the Board of Directors.  Because Mr. Cohen is not, and never has been an employee of the Company, and based on his background, employment and affiliations, the Board of Directors has determined that he will qualify as an independent director under NASDAQ Marketplace Rules.  Following the Annual General Meeting, Mr. Cohen will be appointed as a member of the Nominating and Governance Committee.

 

 
 

 

The penultimate sentence on page 12 of the Proxy Statement is replaced in its entirety with the following:

 

As of the date of the Annual General Meeting, Mr. Cohen will no longer have the title “Executive Chairman” but will remain as Chairman of the Board of Directors.  Because Mr. Cohen is not, and never has been an employee of the Company, and based on his background, employment and affiliations, the Board of Directors has determined that he will qualify as an independent director under NASDAQ Marketplace Rules.

 

Except as described above, this additional definitive proxy material does not modify, amend, supplement or otherwise affect the Proxy Statement.