SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 2054
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): December 3, 1998
GENTA INCORPORATED
(Exact name of registrant as specified in its charter)
Commission file number 0-19635
Delaware 33-0326866
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation or organization) Number)
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)
<PAGE>
GENTA INCORPORATED
FORM 8-K
CURRENT REPORT
TABLE OF CONTENTS
Item 5. Other Events...................................................3
Signature.....................................................................4
- 2 -
<PAGE>
Item 5. OTHER EVENTS
In the Form 10-Q for Genta Incorporated, Inc. (the "Company") filed on
November 16, 1998, the Company stated that on October 22, 1998, the Nasdaq had
advised the Company by letter that the Company's shares of common stock had not
maintained a minimum closing bid price of $1.00 and that the Company would be
provided ninety calendar days from the date of the letter in which to regain
compliance with the minimum bid price requirement. Compliance would be
demonstrated with a minimum bid price of $1.00 or greater for ten consecutive
trading days (the "10-Day Requirement") anytime within the next ninety calendar
days following the date of the letter. However, if the Company was unable to
meet the 10-Day Requirement on or before the end of the ninety-day period, the
Company's securities would be subject to delisting.
On December 3, 1998, the Company's securities met the 10-Day
Requirement. On December 7, 1998, the Company was advised in a telephone
discussion with a representative of the Nasdaq that the Company had met the
10-Day Requirement and that the Company's common stock is now in compliance with
the minimum bid price requirement.
- 3 -
<PAGE>
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.
Date: December 9, 1998
GENTA INCORPORATED
/s/ Kenneth G. Kasses, Ph.D.
----------------------------
Kenneth G. Kasses, Ph.D.
Chairman of the Board of Directors, President,
Principal Executive Officer and Principal
Financial Officer
- 4 -
