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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-C
REPORT BY INSURER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
LIPOSOME TECHNOLOGY, INC.
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(Exact name of insurer as specified in charter)
960 HAMILTON COURT, MENLO PARK, CA 94025
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(Address of principal executive offices)
Issuer's telephone number, including area code (415) 323-9011
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding:
1. Title of security COMMON STOCK
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2. Number of shares outstanding before the change 19,155,400
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3. Number of shares outstanding after the change 21,379,111
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4. Effective date of change MAY 25, 1995
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5. Method of change: Specify method (such as merger, acquisition, exchange,
distribution, stock split, acquisition of stock for
treasury, etc.)
PRIVATE PLACEMENT
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Give brief description of transaction SALE OF 2,223,711 UNITS, EACH CONSISTING
OF ONE SHARE OF COMMON STOCK AND A NON-TRANSFERABLE WARRANT TO PURCHASE ONE-HALF
SHARE OF COMMON STOCK, THROUGH PRIVATE PLACEMENT.
II. CHANGE IN NAME OF INSURER
1. Name prior to change
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2. Name after change
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date June 2, 1995 /s/ DONALD J. STEWART, V.P. FINANCE
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(OFFICER SIGNATURE AND TITLE)
