ADVANCED TISSUE SCIENCES INC
424B3, 2000-03-22
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
Previous: GLOBAL SPORTS INC, PRER14A, 2000-03-22
Next: PEOPLES HERITAGE FINANCIAL GROUP INC, DEF 14A, 2000-03-22






                                                                   Rule 424(b)3
                                                         SEC File No. 333-08659



                            ADVANCED TISSUE SCIENCES
                            ________________________

                    Supplement No. 2 Dated March 22, 2000
                       To Prospectus Dated August 6, 1996

         This Supplement No. 2 is part of and should be read in conjunction with
the Prospectus of Advanced Tissue Sciences, Inc., a Delaware corporation (the
"Company"), dated August 6, 1996 ("Prospectus") relating to the  resale of
275,000 shares of the Company's Common Stock by certain stockholders of the
Company.  Capitalized terms used but not defined in this Supplement No. 2 have
the meanings given to them in the Prospectus.  The information presented herein
either supersedes and/or adds to similar information included in the Prospectus.

         The information contained in the table under the caption "Selling
Stockholders" appearing on page 13of the Prospectus is hereby amended and
restated to indicate the number of shares being offered by the Selling
Stockholders named below.

<TABLE>
<CAPTION>

                                               Number of          Number of
                                                Shares             Shares           Percent of
                                             Beneficially       Registered for      Outstanding
Name of Selling Holders                        Owned (1)         Sale Hereby          Shares
- -----------------------                      ------------       --------------      ----------
<S>                                             <C>                <C>                  <C>

Hatteras Partners, L.P. (2) ..............      168,782            121,407              *
J.P. Morgan Ventures Corporation .........      100,000            100,000              *
Promethean Investment Group, L.L.C .......       43,750             43,750              *
Andrew Kaplan ............................       12,468              9,843              *
                                                -------            -------
         Total ...........................      325,000            275,000
                                                =======            =======
</TABLE>

__________________
*   Less than 1% as of March 15, 2000.

(1) All shares of Common Stock of the Company shown as beneficially owned
    are issuable upon the exercise of outstanding warrants.

(2) Hatteras Partners, L.P. (formerly Ramius Hatteras Partners, L.P.) had
    agreed to purchase up to $50,000,000 shares of Common Stock of the Company
    at the Company's discretion pursuant to the Investment Agreement dated
    February 9, 1996 described below; however, no shares were purchased and the
    Investment Agreement has been terminated.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission