SEC Comment Letter for AGENUS INC (AGEN) (CIK 0001098972) (AGEN) — Mar 17, 2010
AGENUS INC (AGEN) (CIK 0001098972)
Date: March 17, 2010 · CIK: 0001098972 · Accession: 0000000000-10-014772
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File numbers found in text: 000-29089
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Mail Stop 4720 March 17, 2010 Garo H. Armen, Ph.D. President and Chief Executive Officer Antigenics Inc. 162 Fifth Avenue, Suite 900 New York, New York 10010
Re: Antigenics Inc.
Preliminary Proxy Statement on Schedule 14A
Filed March 15, 2010
File No. 000-29089
Dear Dr. Armen:
We have reviewed your filing and have the following comments. Where
indicated, we think you should re vise your document in response to these comments. If
you disagree, we will consider your explanation as to why our comment is inapplicable or
a revision is unnecessary. Please be as deta iled as necessary in your explanation. In
some of our comments, we may ask you to provi de us with information so we may better
understand your disclosure. After reviewing th is information, we may raise additional
comments.
Please understand that the purpose of our re view process is to assist you in your
compliance with the applicable disclosure requirements and to enhance the overall
disclosure in your filing. We look forward to working with you in these respects. We
welcome any questions you may have about our comments or any other aspect of our
review. Feel free to call us at the telephone numbers listed at the end of this letter.
General
1. Please disclose any plans or commitments your company has to issue the newly
authorized shares of common stock that will become available for issuance as a
result of the reverse stock split.
* * *
As appropriate, please amend your filing and respond to these comments within
10 business days or tell us when you will provid e us with a response. You may wish to
provide us with marked copies of the amendm ent to expedite our review. Please furnish
a cover letter with your amendment that keys your responses to our comments and
Garo H. Armen, Ph.D.
Antigenics Inc.
March 17, 2010
Page 2 of 2
provides any requested information. Detailed co ver letters greatly faci litate our review.
Please understand that we may have addi tional comments after reviewing your
amendment and responses to our comments. We urge all persons who are responsi ble for the accuracy an d adequacy of the
disclosure in the filing to be certain that the filing includes all in formation required under
the Securities Exchange Act of 1934 and th at they have provided all information
investors require for an informed invest ment decision. Since the company and its
management are in possession of all facts re lating to a company’s disclosure, they are
responsible for the accuracy and adequacy of the disclosures they have made.
In connection with responding to our comments, please provide, in writing, a
statement from the company acknowledging that: the company is responsible for the adequacy and accuracy of the disclosure in the
filing;
staff comments or changes to disclosure in response to staff comments do not
foreclose the Commission from taking any action with respect to the filing; and
the company may not assert staff comments as a defense in any proceeding initiated
by the Commission or any person under the federal securities laws of the United States.
In addition, please be advise d that the Division of Enfo rcement has access to all
information you provide to the staff of the Divi sion of Corporation Fi nance in our review
of your filing or in response to our comments on your filing.
Please contact Mike Rosenthall at (202) 551-3674 with any questions.
S i n c e r e l y , J e f f r e y R i e d l e r A s s i s t a n t D i r e c t o r cc: Paul M. Kinsella
Ropes & Gray LLP
One International Place Boston, MA 02110-2624
Fax: 617-235-0822