Conference Calls to Answer Questions About Stockholder Meeting October 23
IRVINE, California, October 16 /PRNewswire-FirstCall/ -- IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today announced the interim tabulation results of the special stockholders meeting held on October 11, 2007 and adjourned to October 23, 2007.
Prior to October 11, 2007, approximately 2,555,000 shares, 36 percent of the shares entitled to vote, voted for the merger with Integra LifeSciences Holdings Corporation (NASDAQ: IART) ("Integra") pursuant to an agreement and plan of merger dated as of August 6, 2007.
The votes "for" the merger represented 93% percent of the total number of approximately 2,753,000 votes cast prior to October 11, 2007. As announced on October 12, 2007, the number of shares represented at the meeting was insufficient to establish the quorum of 3,549,615 shares necessary to approve the proposed merger. The special stockholders meeting has been adjourned to October 23, 2007 at 7.30 a.m. Pacific time. It will be held at the offices of Latham & Watkins LLP, 650 Town Center Drive, Suite 2000, Costa Mesa CA.
The vast majority of IsoTis' stockholder base resides outside the United States of America and includes thousands of Swiss and Dutch private individuals. Based on the results now available, many of these shares have not been voted.
The adjournment of the meeting will provide these and other IsoTis
stockholders additional time to vote t
|SOURCE IsoTis Inc|
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