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EX-99.1 - EXHIBIT 99.1 - CADUS CORPtv477885_ex99-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 27, 2017

 

 

 

CADUS CORPORATION

 

(Exact name of registrant as specified in its charter)

 

 

 

Delaware 0-28674 13-3660391

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

 

767 Fifth Avenue, New York, NY 10153
(Address of principal executive offices) (Zip Code)

 

Company’s telephone number, including area code: (212) 702-4300

 

Not Applicable

 (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 to the registrant under any of the following provisions:

 

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

 

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

 

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

 

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

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

   

 

 

Item 8.01

Other Events.

 

On October 27, 2017, Cadus Corporation issued a press release regarding the formation by its Board of Directors of a special committee of independent directors to consider an offer by Barberry Corp. and High River Limited Partnership, beneficial owners of approximately 67.8% of Cadus Corporation’s outstanding shares of common stock, to purchase the remaining shares of Cadus Corporation’s common stock. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits:

 

Exhibit No. Description
   
99.1 Press Release dated October 27, 2017.

  

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SIGNATURE

 

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.

 

Dated:  October 27, 2017 Cadus Corporation
     
     
  By: /s/ Hunter C. Gary
   

Name:

Hunter C. Gary, President and

      Chief Executive Officer
     

 

 

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