Current Report Filing (8-k)
November 13 2017 - 6:26AM
Edgar (US Regulatory)
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):
November
6, 2017
BIOSPECIFICS TECHNOLOGIES
CORP.
(Exact name of registrant as specified in its charter)
Delaware
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001-34236
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11-3054851
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(State or Other Jurisdiction
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(Commission File Number)
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(I.R.S. Employer
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Of Incorporation)
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Identification No.)
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35 Wilbur Street
Lynbrook, NY
11563
(Address of Principal Executive Office) (Zip Code)
516.593.7000
(Registrants
telephone number, including area code)
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 (see General Instruction A.2. below):
[ ] 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 Rule 405 of the Securities Act of 1933 or Rule
12b-2 of the Securities Exchange Act of 1934.
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. [ ]
INTRODUCTORY COMMENT
Throughout this Current Report on Form 8-K, the terms we,
us, our and Company refer to BioSpecifics Technologies Corp.
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 6, 2017, the Company renewed its Agreement of Lease
(the Renewed Lease) with 35 Wilbur Street Associates, LLC (the Landlord) for
the Companys administrative headquarters located at 35 Wilbur Street, Lynbrook,
New York 11563 (the Premises). Neither the Company nor its affiliates have a
material relationship or affiliation with the Landlord.
The term of the Renewed Lease is one year, expiring November
30, 2018,
provided
,
however
, that the Company has the option to
cancel the Renewed Lease, without penalty, at any time by giving the Landlord
three months prior notice.
Pursuant to the Renewed Lease, the Companys monthly base rent
is $11,164.58.
The foregoing description of the Renewed Lease does not purport
to be complete and is qualified in its entirety by reference to the Renewed
Lease that will be filed subsequently as an exhibit to our Quarterly Report on
Form 10-Q.
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 hereunto duly authorized.
Date: November 9, 2016
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BIOSPECIFICS TECHNOLOGIES CORP.
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(Registrant)
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/s/ Thomas L. Wegman
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Thomas L. Wegman
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President
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