UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q/A

(Amendment No. 2 to Form 10-Q)

 

 

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2015

or

 

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                      to                     

Commission File Number: 001-33827

 

 

BG MEDICINE, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   04-3506204

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

303 Wyman Street, Suite 300

Waltham, Massachusetts

  02451
(Address of principal executive offices)   (Zip Code)

(781) 890-1199

(Registrant’s telephone number, including area code)

 

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   ¨    Accelerated filer   ¨
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    Smaller reporting company   x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

As of July 31, 2015, the registrant had 8,742,638 shares of common stock outstanding.

 

 

 


EXPLANATORY NOTE

This Amendment No. 2 to the Quarterly Report on Form 10-Q/A (this “Amendment”) amends the Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 filed by BG Medicine, Inc. with the Securities and Exchange Commission (the “Commission”) on August 14, 2015, as amended by Amendment No. 1 to the Quarterly Report on Form 10-Q filed on August 17, 2015 (collectively, the “Amended Report”). This Amendment is being filed solely for the purpose of furnishing the Interactive Data File as Exhibit 101, in accordance with Rule 405 of Regulation S-T, to Item 6 of Part II of the Amended Report.

Except as described above, no other changes have been made to the Amended Report and this Amendment does not modify or update disclosures in the Amended Report and does not reflect subsequent events occurring after date of the Amended Report. Accordingly, this Amendment should be read in conjunction with the Amended Report, which continues to speak as of the date of the Amended Report.

Item 6. EXHIBITS

(a)Exhibits

 

Exhibit
Number

  

Exhibit Description

  

Filed
with
this
Report

  

Incorporated
by
Reference
herein
from Form
or
Schedule

  

Filing
Date

    

SEC File/
Reg. Number

  3.1.1    Restated Certificate of Incorporation of BG Medicine, Inc.       Form 8-K
(Exhibit 3.1)
     2/11/11       001-33827
  3.1.2    Certificate of Amendment to Restated Certificate of Incorporation of BG Medicine, Inc., dated July 8, 2015.      

Form 8-K

(Exhibit 3.1)

     7/8/15       001-33827
  3.1.3    Certificate of Designations of Series A Preferred Stock of BG Medicine, Inc. filed with the Secretary of State of the State of Delaware on July 14, 2015       Form 8-K
(Exhibit 3.1)
     7/15/15       001-33827
  4.1    Form of Secured Convertible Promissory Note issued by BG Medicine, Inc. to each of the Purchasers      

Form 8-K/A

(Exhibit 4.1)

     6/9/15       001-33827
  4.2    Form of Senior Indenture      

Form S-3

(Exhibit 4.8)

     5/19/15       333-204307
  4.3    Form of Subordinated Indenture       Form S-3
(Exhibit 4.9)
     5/19/15       333-204307
10.1.1    Securities Purchase Agreement by and between BG Medicine, Inc. and the purchasers named therein, dated May 12, 2015      

Form 8-K/A

(Exhibit 10.1)

     6/9/15       001-33827
10.1.2    First Amendment to Securities Purchase Agreement by and between BG Medicine, Inc. and the purchasers named therein, dated July 14, 2015      

Form 8-K

(Exhibit 10.1)

     7/15/15       001-33827
10.2    Security Agreement by and between BG Medicine, Inc. and the purchasers named therein, dated May 12, 2015       Form 8-K/A
(Exhibit 10.2)
     6/9/15       001-33827
10.3    Subordination and Intercreditor Agreement by and between BG Medicine, Inc., the purchasers named therein and General Electric Capital Corporation, dated May 12, 2015      

Form 8-K/A

(Exhibit 10.3)

     6/9/15       001-33827
10.4    Second Amendment to Loan and Security Agreement by and between BG Medicine, Inc. and General Electric Capital Corporation, dated May 12, 2015       8-K/A
(Exhibit 10.4)
     6/9/15       001-33827
10.5    Fifth Amended and Restated Investor Rights Agreement by and between BG Medicine, Inc. and the stockholders named therein, dated July 14, 2015.      

Form 8-K

(Exhibit 10.2)

     7/15/15       001-33827
10.6+**    Third Amendment to Galectin-3 License and Distribution Agreement by and between BG Medicine, Inc. and Abbott Laboratories, dated May 8, 2015.            
31.1    Certification of the Registrant’s Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.    X         
31.2    Certification of the Registrant’s Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.    X         
32    Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.    X         
99.1**    Temporary Hardship Exemption per Regulation S-T.            
101    The following materials from the Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015, formatted in XBRL (eXtensible Business Reporting Language): (i) Unaudited Condensed Consolidated Balance Sheets as of June 30, 2015 and December 31, 2014, (ii) Unaudited Condensed Consolidated Statements of Operations for the three and six month periods ended June 30, 2015 and 2014, (iii) Unaudited Condensed Consolidated Statements of Cash Flows for the six month periods ended June 30, 2015 and 2014, and (iv) Notes to Unaudited Condensed Consolidated Financial Statements.    X         

 

(+) Confidential treatment has been requested for portions of this exhibit which have been filed separately with the Securities and Exchange Commission.
(**) Previously filed as part of the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 with the Securities and Exchange Commission on August 14, 2015, which is being amended by this Amendment No. 2 to the Quarterly Report on Form 10-Q/A.


SIGNATURES

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 thereunto duly authorized.

 

    BG MEDICINE, INC.
Date: August 18, 2015     By:   /s/ Paul R. Sohmer
      Paul R. Sohmer, M.D.
      President and Chief Executive Officer
Date: August 18, 2015     By:   /s/ Stephen P. Hall
      Stephen P. Hall
      Executive Vice President, Chief Financial Officer and Treasurer


Exhibit 31.1

CERTIFICATIONS UNDER SECTION 302

I, Paul R. Sohmer, certify that:

1. I have reviewed this quarterly report on Form 10-Q of BG Medicine, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 18, 2015

 

/s/ Paul R. Sohmer
Paul R. Sohmer, M.D.
President and Chief Executive Officer
(principal executive officer)


Exhibit 31.2

CERTIFICATIONS UNDER SECTION 302

I, Stephen P. Hall, certify that:

1. I have reviewed this quarterly report on Form 10-Q of BG Medicine, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: August 18, 2015

 

/s/ Stephen P. Hall
Stephen P. Hall

Executive Vice President, Chief Financial Officer

and Treasurer

(principal financial officer)



Exhibit 32

CERTIFICATIONS UNDER SECTION 906

Pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code), each of the undersigned officers of BG Medicine, Inc., a Delaware corporation (the “Company”), does hereby certify, to such officer’s knowledge, that:

The Quarterly Report for the quarter ended June 30, 2015 (the “Form 10-Q”) of the Company fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and the information contained in the Form 10-Q fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Dated: August 18, 2015       /s/ Paul R. Sohmer
      Paul R. Sohmer, M.D.
      President and Chief Executive Officer
      (principal executive officer)
Dated: August 18, 2015       /s/ Stephen P. Hall
      Stephen P. Hall
     

Executive Vice President, Chief Financial Officer and Treasurer

(principal financial officer)

Grafico Azioni BG Medicine (CE) (USOTC:BGMD)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di BG Medicine (CE)
Grafico Azioni BG Medicine (CE) (USOTC:BGMD)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di BG Medicine (CE)