6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of June 2021

Commission File Number: 001-39621

 

 

OPTHEA LIMITED

(Translation of registrant’s name into English)

 

 

Level 4

650 Chapel Street

South Yarra, Victoria 3141

Australia

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

 

 

 


EXHIBITS

 

Exhibit

  

Description

99.1    Appendix 3B
99.2    Appendix 2A
99.3    Cleansing Notice


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.

 

     OPTHEA LIMITED
Date: June 22, 2021      By:  

/s/ Megan Baldwin

       Megan Baldwin, Ph.D.
       Chief Executive Officer and Managing Director
EX-99.1

Exhibit 99.1

Announcement Summary

 

Entity name

OPTHEA LIMITED

Announcement Type

New announcement

Date of this announcement

21/6/2021

The Proposed issue is:

LOGO A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

 

        ASX +security code    +Security description   

 

Maximum Number of
+securities to be issued

 
   

OPT

  

ORDINARY FULLY PAID

     3,346,432  
               

Proposed +issue date

21/6/2021

Refer to next page for full details of the announcement


Part 1 - Entity and announcement details

 

1.1 Name of +Entity

OPTHEA LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

 

1.2 Registered Number Type    Registration Number
ABN    32006340567

1.3 ASX issuer code

OPT

1.4 The announcement is

LOGO New announcement

1.5 Date of this announcement

21/6/2021

1.6 The Proposed issue is:

LOGO A placement or other type of issue


Part 7 - Details of proposed placement or other issue

 

Part 7A - Conditions

 

7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis?

LOGO No

Part 7B - Issue details

 

 

Is the proposed security a ‘New class’ (+securities in a class that is not yet quoted or recorded by ASX) or an ‘Existing class’ (additional securities in a class that is already quoted or recorded by ASX)?

 

LOGO Existing class

  

Will the proposed issue of this +security include an offer of attaching +securities?

 

LOGO No

  

Details of +securities proposed to be issued

 

 

ASX +security code and description

OPT : ORDINARY FULLY PAID

Number of +securities proposed to be issued

3,346,432

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

LOGO No

Please describe the consideration being provided for the +securities

 

 ADS foregone as part of cashless exercise

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities

22.400000

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

LOGO Yes


Part 7C - Timetable

 

7C.1 Proposed +issue date

21/6/2021

Part 7D - Listing Rule requirements

 

7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?

LOGO No

7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity’s 15% placement capacity under listing rule 7.1?

LOGO No

7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity’s additional 10% placement capacity under listing rule 7.1A (if applicable)?

LOGO No

7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?

LOGO No

7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?

LOGO No

7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?

LOGO No

Part 7E - Fees and expenses

 

7E.1 Will there be a lead manager or broker to the proposed issue?

LOGO No

7E.2 Is the proposed issue to be underwritten?

LOGO No

7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue

 

     


Part 7F - Further Information

 

7F.01 The purpose(s) for which the entity is issuing the securities

 

 Exercise of pre-funded warrants

7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?

LOGO No

7F.2 Any other information the entity wishes to provide about the proposed issue

 

     

7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:

LOGO The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)

EX-99.2

Exhibit 99.2

Announcement Summary

 

Entity name

OPTHEA LIMITED

Announcement Type

New announcement

Date of this announcement

Tuesday June 22, 2021

The +securities to be quoted are:

LOGO +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Total number of +securities to be quoted

 

        ASX +security
        code
   Security description    Number of +securities to
be quoted
     Issue date  
   

OPT

  

ORDINARY FULLY PAID

     3,346,432        21/06/2021  
                        

Refer to next page for full details of the announcement


Part 1 - Entity and announcement details

 

1.1 Name of entity

OPTHEA LIMITED

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

 

1.2 Registered number type    Registration number
ABN    32006340567

1.3 ASX issuer code

OPT

1.4 The announcement is

LOGO New announcement

1.5 Date of this announcement

22/6/2021


Part 2 - Type of Issue

 

2.1 The +securities to be quoted are:

LOGO +Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B

Previous Appendix 3B details:

 

Announcement Date and Time

 

  

Announcement Title

 

  

Selected Appendix 3B to submit quotation
request

 

21-Jun-2021 16:28

   New - Proposed issue of securities - OPT    A placement or other type of issue

2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?

LOGO No


Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B

 

Placement Details

 

 

ASX +security code and description

OPT : ORDINARY FULLY PAID

Issue date

21/6/2021

Distribution Schedule

 

 

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column -including the number of recipients and the total percentage of the new +securities held by the recipients in each category.

 

     

Total percentage of +securities held

Number of +securities held

  

Number of holders

  

For example, to enter a value of 50%

     

please input as 50.00

1 - 1,000

      %

1,001 - 5,000

      %

5,001 - 10,000

      %

10,001 - 100,000

      %

100,001 and over

      %


Issue details

 

 

Number of +securities to be quoted

3,346,432

Are the +securities being issued for a cash consideration?

LOGO No

Please describe the consideration being provided for the +securities

 

 Cashless Pre funded warrants exercised

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.00000669

Any other information the entity wishes to provide about the +securities to be quoted

 

 $22.40 for 3,346,432 ordinary shares

 

 


Part 4 - Issued capital following quotation

 

Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

 

ASX +security code and description   

Total number of

+securities on issue

OPT : ORDINARY FULLY PAID

   351,003,541

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

ASX +security code and description   

Total number of

+securities on issue

OPTAB : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

   16,644,000
EX-99.3
LOGO       Exhibit 99.3

21 June 2021

The Manager

Market Announcements Office

ASX Limited

Level 4, North Tower, Rialto

525 Collins Street

MELBOURNE VIC 3000

Dear Sir/Madam

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

This notice is given by Opthea Limited ACN 006 340 567 (ASX Code: OPT) (Opthea) under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).

Opthea has today issued 3,346,432 fully paid ordinary shares in Opthea (Shares) in accordance with the announcements made by Opthea on 21 June 2021.

Opthea advises as follows:

 

  (a)

the Shares have been issued without disclosure under Part 6D.2 of the Corporations Act;

 

  (b)

as at the date of this notice, Opthea has complied with:

 

  (i)

the provisions of Chapter 2M of the Corporations Act as they apply to Opthea; and

 

  (ii)

section 674 of the Corporations Act; and

 

  (c)

as at the date of this notice, there is no “excluded information” of the type referred to in sections 708A(7) and 708A(8) of the Corporations Act.

 

Yours sincerely,
/s/ Karen Adams
Karen Adams

This announcement was authorised to be given to the ASX by the Company Secretary.

 

 

Opthea Limited, Suite 0403, Level 4, 650 Chapel Street, South Yarra, Victoria 3141, Australia

A.C.N. 006 340 567  |  Telephone: +61 3 9826 0399  |  Website: www.opthea.com