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SEC Comment Letter for Oncotelic Therapeutics, Inc. (OTLC) (CIK 0000908259) (OTLC) — Jan 31, 2014

Oncotelic Therapeutics, Inc. (OTLC) (CIK 0000908259)
Date: Jan. 31, 2014 · CIK: 0000908259 · Accession: 0000000000-14-005193

Financial Reporting Related Party / Governance Regulatory Compliance

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File numbers found in text: 333-190464

Date
January 30, 2014
Author
/s/ Bryan J. Pitko for
Form
UPLOAD
Company
Oncotelic Therapeutics, Inc. (OTLC) (CIK 0000908259)

Letter

January 30, 2014 Via E -mail Peter Langecker, M.D., Ph.D. Chief Executive Officer OXiGENE, Inc. 701 Gateway Blvd., Suite 210 South San Francisco, California 94080

Re: OXiGENE, Inc. Amendment No. 2 to Registration Statement on Form S-1 Filed January 24, 2014 File No. 333-190464

Dear Dr. Langecker :

We have limited our review of your registration statement to those issues we have addressed in our comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the requested information . Where you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your registration statement and the information you provide in response to these comments , we may have additional comments.

General

1. Please revise your disclosure to specify the expiration date of the warrants underlying the units.

2. Please amend your disclosure to include executive and director compensation disclosure reflecting the compens ation awarded to named executive officers and directors during the most recently completed fiscal year ended December 31, 2013. Please note that your Summary Compensation Table should also include the compensation awarded to NEOs in the fiscal year ended December 31, 2012.

We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Act of 193 3 and all applicable Securities Act rules require. Since the company and its management are in

Peter Langecker , M.D., Ph.D. OXiGENE, Inc. January 30, 2014 Page 2

possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.

Notwithstanding our comments, in the event you request accelerati on of the effective date of the pending registration statement please provide a written statement from the company acknowledging that:

 should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not fo reclose the Commission from taking any action with respect to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and

 the company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceleration of the effective date of the registration statement as confirmation of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the securities specified in the above registration statement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement.

Please contact Matthew Jones at (202) 551 -3786, Bryan Pitko at (202) 551 -3203 or me at (202) 551 -3715 with any other questions.

Sincerely,
/s/ Bryan J. Pitko for

Show Raw Text
January 30, 2014

Via E -mail
Peter Langecker, M.D., Ph.D.
Chief Executive Officer
OXiGENE, Inc.
701 Gateway Blvd., Suite 210
South San Francisco, California 94080

Re: OXiGENE, Inc.
  Amendment No. 2 to Registration Statement on Form S-1
Filed  January 24, 2014
  File No.  333-190464

Dear Dr. Langecker :

We have limited our review of your registration statement to those issues we have
addressed in our comments.  In  some of our comments, we may ask you to provide us with
information so we may better understand your disclosure.

Please respond to this letter by amending your registration statement and providing the
requested information .  Where you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.

After reviewing any amendment to your registration statement and the information you
provide in response to these  comments , we may have  additional comments.

General

1. Please revise your disclosure to specify the expiration date of the warrants  underlying the
units.

2. Please amend your disclosure to include executive and director compensation disclosure
reflecting the compens ation awarded to named executive officers and directors during the
most recently completed fiscal year ended December 31, 2013.  Please note that your
Summary Compensation Table should also include the compensation awarded to NEOs
in the fiscal year ended December 31, 2012.

We urge all persons who are responsible for the accuracy and adequacy of the disclosure
in the filing to be certain that the filing includes the information the Securities Act of 193 3 and
all applicable Securities  Act rules require.   Since the company and its management are in

Peter Langecker , M.D., Ph.D.
OXiGENE, Inc.
January 30, 2014
Page 2

 possession of all facts relating to a company’s disclosure, they are responsible for the accuracy
and adequacy of the disclosures they have made.

Notwithstanding our comments, in the event you request accelerati on of the effective date
of the pending registration statement please provide a written statement from the company
acknowledging that:

 should the Commission or the staff, acting pursuant to delegated authority, declare the
filing effective, it does not fo reclose the Commission from taking any action with respect
to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority, in
declaring the filing effective, does not relieve the company from its full responsibility for
the adequacy and accuracy of the disclosure in the filing; and

 the company  may not assert staff comments and the declaration of effectiveness as a
defense in any proceeding initiated by the Commission or any person under the federal
securities laws of the United States.

Please refer to Rules 460 and 461 regarding requests for  acceleration .  We will consider a
written request for acceleration of the effective date of the registration statement as confirmation
of the fact that those requesting acceleration are aware of their respective responsibilities under
the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed
public offering of the securities specified in the above registration statement.  Please allow
adequate time  for us to review any amendment prior to the requested effective date of  the
registration statement.

Please contact Matthew Jones at (202) 551 -3786, Bryan Pitko at (202) 551 -3203  or me at
(202) 551 -3715 with any other questions.

Sincerely,

 /s/ Bryan J. Pitko for

Jeffrey P. Riedler
Assistant Director

cc:  Megan Gates
 Mintz, Levin, Cohn, Ferris
 Glovsky and Popeo, P.C.
 One Financial Center
 Boston, MA 02111