UNITED STATES SECURITIES AND EXCHANGE COMMISSION
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): February 24, 2005
Neose Technologies, Inc.
| Delaware | 0-27718 | 13-3549286 | ||
| (State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) | (I.R.S. Employer Identification Number) |
| 102 Witmer Road, Horsham, Pennsylvania | 19044 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(215) 315-9000
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communications pursuant to Rule 425 under the Securities Act |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
| Item 1.02. Termination of a Material Definitive Agreement. | ||||||||
| Signatures | ||||||||
Item 1.02. Termination of a Material Definitive Agreement.
On February 24, 2005, Neose Technologies, Inc. (the “Company”) terminated the Company’s Employee Stock Purchase Plan, as amended (the “Plan”), effective as of January 31, 2005. The Plan allowed eligible employees of the Company an opportunity to purchase a limited number of shares of the Company’s common stock at 85% of the market value at certain Plan-defined dates through accumulated payroll deductions. The Plan was terminated due to the potential impact of recent accounting pronouncements.
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| NEOSE TECHNOLOGIES, INC. |
||||
| Date: February 25, 2005 | By: | /s/ Debra J. Poul | ||
| Debra J. Poul | ||||
| Senior Vice President, General Counsel and Secretary | ||||