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EX-99.1 - EXHIBIT 99.1 - BRAINSTORM CELL THERAPEUTICS INC.v330590_ex99-1.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):  December 17, 2012

 

Brainstorm Cell Therapeutics Inc.

(Exact name of registrant as specified in its charter)

 

Delaware     000-54365     20-8133057
(State or other jurisdiction of incorporation)     (Commission File No.)     (IRS Employer Identification No.)

 

605 Third Avenue, 34th Floor  
New York, NY 10158
(Address of principal executive offices) (Zip Code)

 

(646) 666-3188

(Registrant’s telephone number, including area code)

 

N/A

(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:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

  

 

Item 8.01  Other Events

 

On December 17, 2012, Brainstorm Cell Therapeutics Inc. issued a press release announcing that it has signed an agreement with Octane Biotech of Kingston, Ontario, to jointly develop a proprietary bioreactor for production of its NurOwn cell therapy candidate. The development of the bioreactor, a 3-year collaborative project with a total budget of 1,365,000 Canadian dollars, is being supported by the Canada Israel Industrial Research and Development Foundation (“CIIRDF”). The Israeli CSO has confirmed its participation of 530,000 NIS for the first year, which comprises 50% of BrainStorm’s budget of 1,060,000 NIS for that period.

 

The foregoing description is qualified in its entirety by reference to the Press Release filed as Exhibit 99.1 hereto, which exhibit is incorporated herein by reference.

  

Item 9.01  Financial Statements and Exhibits

    

The exhibit listed in the Exhibit Index below is filed with this report.

 

 

 
 

 

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.

 

     
December 20, 2012 Brainstorm Cell Therapeutics Inc.

 

 

 

 

 

 

  By:  

/s/ Liat Sossover

    Liat Sossover
  Chief Financial Officer

 

 
 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated December 17, 2012