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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 8, 1996
GENTA INCORPORATED
(Exact name of registrant as specified in its charter)
Commission file number 0-19635
DELAWARE 33-0326866
(State or other jurisdiction of (IRS Employer Identification Number)
incorporation or organization)
3550 GENERAL ATOMICS COURT, SAN DIEGO, CA 92121
(Address of principal executive offices)
(Zip Code)
(619) 455-2700
(Registrant's telephone number, including area code)
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GENTA INCORPORATED
FORM 8-K
CURRENT REPORT
TABLE OF CONTENTS
Item 6. Resignations of Registrant's Directors
Item 7. Financial Statements and Exhibits
Signature
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ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS
By letter dated October 8, 1996, James C. Blair, Ph.D. announced that he
would be resigning as a Director and as Vice Chairman of the Board of
Directors of Genta Incorporated (the "Company"), effective immediately.
Dr. Blair cited as the reason for the resignation his perception that his views
regarding the proper program to resolve the financial and strategic issues
faced by the Company were irreconcilably different from those held by the
Company's Chairman of the Board and by a majority of the Company's Board of
Directors.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
17.1 Resignation letter of James C. Blair, Ph.D., dated
October 8, 1996.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GENTA INCORPORATED
Date: October 10, 1996 /s/ Thomas H. Adams
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Thomas H. Adams
Chairman of the Board and Chief Executive
Officer
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EXHIBIT INDEX
Exhibit
Number Description
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17.1 Resignation letter of James C. Blair, Ph.D., dated October 8, 1996.
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DOMAIN ASSOCIATES
PRINCETON - COSTA MESA
GENERAL PARTNERS
James C. Blair
Brian H. Dovey
Richard S. Schneider
Kathleen K. Schoemaker
Jesse I. Treu
RESEARCH PARTNER
Arthur J. Klausner
October 8, 1996
VIA FACSIMILE - ORIGINAL TO FOLLOW VIA MAIL
Thomas H. Adams, Ph.D.
Genta Incorporated
3550 General Atomics Court
Building 9, 2nd Floor
San Diego, CA 92121-1194
Dear Tom:
Confirming what I said during our telephone call after last night's telephonic
Board Meeting, I hereby resign as Vice Chairman and a Director of Genta
effective immediately.
I am resigning due to my perception that I have irreconcilably different views
than those held by you and the majority of the Board as to the proper program to
resolve the financial and strategic issues which Genta faces.
I hope you and the remaining members of the Genta Board are successful in
preserving shareholder value. We all have a lot at stake.
Yours truly,
/s/ James C. Blair
James C. Blair
cc: Samuel D. Colella
David F. Hale
Robert E. Klem
Paul O.P Ts'o, Ph.D.
Sharon Webster, Ph.D.
Howard Sampson
Thomas E. Sparks, Esq.
John MacMurray, Esq.