Frequently Asked Questions
1What does Caladrius do?
a. Caladrius Biosciences, Inc. is a cell therapy development company with cell therapy products in development based on multiple technology platforms and targeting autoimmune and cardiology indications. In addition, the Company seeks to advance additional proprietary platform technologies through grants or out-licensing. The company’s subsidiary, PCT, is a well-known development and manufacturing partner exclusively focused on the cell therapy industry and has served over 100 clients since 1999. Caladrius recently announced the signing of a definitive agreement by which Hitachi Chemical of America has agreed to acquire Caladrius’ 80.1% share of PCT ownership in a transaction that, subject to satisfaction of closing conditions, is expected to close in early June 2017, following approval by Caladrius shareholders. See our ‘About Us’ page for more information.
2How many employees does Caladrius Biosciences have?
As of December 31, 2016, the company, including its subsidiaries, had 209 full-time employees.
3Where can I find Caladrius Biosciences’ latest investor presentation?
The company’s most recent investor presentation is available in the “Investors” section on the company’s website.
4What is Caladrius’ ticker symbol, exchange and CUSIP?
The Company’s common stock is traded on NASDAQ, ticker symbol CLBS. The CUSIP for the common stock is 128058203.
5What is Caladrius’ fiscal year?
Caladrius’ fiscal year ends on December 31.
6Where are Caladrius Biosciences’ headquarters?
Caladrius Biosciences Headquarters 106 Allen Road, 4th Floor Basking Ridge, NJ 07920 Tel: (908) 842-0100
7Who is Caladrius’ IR contact?
Lippert/Heilshorn & Associates
Anne Marie Fields
Anne Marie Fields
8What is Caladrius’ Financial Conflict of Interest Policy?
You can view the Company’s Financial Conflict of Interest Policy by clicking here.
9What is Caladrius’ relationship with PCT?
PCT, a Caladrius Company, is PCT is a majority-owned subsidiary (80.1%) of Caladrius Biosciences. Caladrius acquired PCT in January 2011. Caladrius recently announced the signing of a definitive agreement by which Hitachi Chemical of America has agreed to acquire Caladrius’ 80.1% share of PCT ownership in a transaction that is expected to close in May 2017, subject to, among other closing conditions, approval by Caladrius shareholders.
10Who are Caladrius’ auditor and corporate legal counsel?
11Who is Caladrius’ transfer agent?
Caladrius’ transfer agent is Continental Stock Transfer & Trust Company (www.continentalstock.com) 17 Battery Place, 8th Floor New York NY 10004 Tel: (212) 509-4000
12Who do I contact about replacement of stock certificates?
To replace lost stock certificates, please contact Caladrius Biosciences’ transfer agent
13Who should shareholders notify of a change in address?
To change your address, please contact Caladrius Biosciences’ transfer agent.
14What financial analysts cover Caladrius Biosciences?
Please refer to the “Analyst Coverage” section of the “Investors” section.
15Can I buy Caladrius Biosciences stock directly from the company?
Caladrius does not offer a direct stock purchase plan. Shares of the company can be purchased through a brokerage company.
16Does Caladrius Biosciences issue dividends on its common stock?
Caladrius Biosciences has never declared or paid cash dividends. The company intends to retain any future earnings for the operation and expansion of its business and does not anticipate paying any cash dividends in the foreseeable future.
17When is Caladrius Biosciences’ Annual Meeting of Stockholders?
The date and location will be published in the company’s proxy statement, which can be found on the “SEC Filings” section in the “Investors” section on the company’s website.
18What should I do if I have a question that is not answered here?
Please submit your question using the form in the “Contact” section.
19Where can I find more information on the reverse stock split effective July 27, 2016?
The reverse stock split is announced at http://www.caladrius.com/press-release/1-for-10-reverse-split/ . Additional information about the reverse stock split can be found in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission (SEC) on May 10, 2016, a copy of which is available at www.sec.gov or at the company’s website at www.caladrius.com. More detailed information regarding this reverse stock split can be found in the Company’s Form 8-K filed with the SEC on July 27, 2016.
Additional Information About the Transaction and Where to Find it Caladrius intends to file with the Securities and Exchange Commission (“SEC”) and mail to its stockholders a proxy statement in connection with, among other things, the sale to Hitachi Chemical Co. America, Ltd. (“Purchaser”) of the 80.1% membership interest in PCT that Purchaser does not already own (the “Sale”). Investors and stockholders of Caladrius are urged to read the proxy statement and the other relevant materials when they become available because they will contain important information about Caladrius and the Sale. The proxy statement and other relevant materials (when they become available), and any other documents filed by Caladrius with the SEC, may be obtained free of charge at the SEC’s website at www.sec.gov. In addition, investors and stockholders may obtain free copies of the documents filed with the SEC by Caladrius by directing such requests to Caladrius Biosciences, Inc., 420 Lexington Avenue, Suite 350, New York, NY 10170, Attn: Jacquelyn Briggs or firstname.lastname@example.org, Telephone: (646) 606-2221. Participants in the Solicitation Caladrius and its directors and executive officers may, under SEC rules, be deemed to be participants in the solicitation of proxies from Caladrius’ stockholders in connection with the Sale. Information regarding Caladrius’ directors and executive officers is contained in Caladrius’ proxy statement on Schedule 14A filed with the SEC on May 10, 2016. Additional information regarding the participants in the solicitation of proxies in respect of the Sale and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement when it becomes available. Safe Harbor for Forward Looking Statements This webpage contains forward-looking statements within the meaning of Private Securities Litigation Reform Act of 1995, including forward-looking statements regarding the Sale, the possibility of obtaining stockholder or other approvals or consents for the Sale and Caladrius’ future prospects. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual events or results to differ materially from those set forth in the forward-looking statements, including, without limitation: risks and uncertainties relating to potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Sale; unexpected costs, charges or expenses relating to or resulting from the Sale; litigation or adverse judgments relating to the Sale; risks relating to the completion of the proposed Sale, including the risk that the required stockholder vote might not be obtained in a timely manner or at all, or other conditions to the completion of the Sale not being satisfied; any difficulties associated with requests or directions from governmental authorities resulting from their review of the Sale; any changes in general economic and/or industry-specific conditions; and other risks detailed in Caladrius’ filings with the SEC, including those disclosed under “Item 1A. Risk Factors” in Caladrius’ Annual Report on Form 10-K filed with the SEC on March 17, 2017 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this webpage’s publication. Caladrius does not intend, and disclaims any obligation, to update or revise any forward-looking information contained in this webpage or with respect to the matters described herein.