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GNVC > SEC Filings for GNVC > Form 8-K on 5-Sep-2013All Recent SEC Filings

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Form 8-K for GENVEC INC


5-Sep-2013

Other Events, Regulation FD Disclosure


Item 8.01 Other Events.

On September 4, 2013, GenVec, Inc. (the "Company") announced that its Board of Directors unanimously withdrew the Plan of Complete Liquidation and Dissolution (the "Plan of Dissolution") for the Company that was previously adopted on May 24, 2013. The Company also announced that it will pursue a strategy focused on maximizing the value of its technology and assets, including its collaboration with Novartis to develop novel treatments for hearing loss.

In connection with withdrawing the Plan of Dissolution and approving a new operating strategy, on September 3, 2013, certain officers and directors are departing the Company and Douglas J. Swirsky was appointed President and Chief Executive Officer of the Company and a member of the Board of Directors effective immediately. These actions are described below in this current report.



Item 7.01 Regulation FD Disclosure.

A copy of the Company's press release announcing the matters described in this current report is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. The information contained in Exhibit 99.1 is being furnished pursuant to Item 7.01 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

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