As a result of the share exchange transaction, ISC became a wholly owned subsidiary of BTHC.
Aldrich, chairman and co-founder of ISC, was appointed to the board of directors of BTHC and will serve as the chairman of the board.
Adams, co-founder and chief financial officer of ISC, were appointed as the chief executive officer and chief financial officer of BTHC, respectively.
Highlights during the second quarter included: Merger with BTHC VI
The merger transaction was completed by the merger of a wholly-owned subsidiary of BTHC and Athersys, with Athersys remaining as the surviving company and a wholly-owned subsidiary of BTHC.
These forward-looking statements are made as of the date of this news release, and BTHC
XV assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
As part of the transaction, BTHC sold 13 million shares of common stock at $5.
The securities issued by BTHC have not been registered under the Securities Act of 1933 or any state securities laws.
as an alternative plasticizer is a major advance because it removes the source of DEHP metabolities and thus improves the quality of stored blood," Snyder said.
The securities issued by BTHC
VII in the foregoing transactions have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent such registration or an applicable exemption therefrom.