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HEB > SEC Filings for HEB > Form 8-K/A on 22-Oct-2008All Recent SEC Filings

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Form 8-K/A for HEMISPHERX BIOPHARMA INC


22-Oct-2008

Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other


Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On October 17, 2007, our Board of Directors approved an amendment to our Restated and Amended (the "Bylaws") solely to reduce the quorum required for our adjourned 2008 annual meeting of stockholders from a majority to 44%. The quorum requirement was not otherwise changed. Please see the discussion in Item 8.01 below.

The foregoing description is qualified in its entirety by reference to the amendment approved by the Board as contained in the Restated and Amended Bylaws, a copy of which is attached and incorporated herein as Exhibit 3.1 to this Form 8-K.



Item 8.01 Other Events.

On October 17, 2008, we further adjourned our annual stockholders' meeting to Tuesday, November 11, 2008 at 10:00 a.m. at the Crown Plaza Hotel, 1800 Market Street, Philadelphia Pennsylvania 19103. The meeting was adjourned because the required quorum of a majority of the shares eligible to vote at the meeting again was not present at the meeting. Although we and our proxy solicitation agent, MacKenzie Partners, Inc., worked diligently to obtain the required majority quorum, we were unable to obtain a quorum. As noted above, to assure that the meeting can be held, our Board of Directors amended our By-Laws to reduce the quorum for the meeting from a majority to 44% in voting power of the outstanding shares of stock entitled to vote at the meeting. The reduced quorum relates solely to the 2008 Annual Stockholders' Meeting. We will continue to solicit proxies in an attempt to receive votes from a majority of the shares eligible to vote at the meeting.

For more information, please see the October 17, 2008 press released filed as exhibit 99.1 to this report.



Item 9.01. Financial Statements and Exhibits.

(c) Exhibits:

3.1 Amended and Restated Bylaws.
99.1 Press Release dated October 17, 2008

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