UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington
D.C., 20549
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): 6/16/2008
(Exact
Name of Registrant as Specified in its Charter)
Commission
File Number: 0-8092
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DE
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94-1620407
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(State or Other Jurisdiction
of
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(I.R.S.
Employer
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Incorporation or
Organization)
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Identification
No.)
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323
Vintage Park Drive, Suite B, Foster City, California 94404
(Address of Principal Executive
Offices, Including Zip Code)
650-212-2568
(Registrant’s
Telephone Number, Including Area Code)
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act(17CFR240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act(17CFR240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act(17CFR240.13e-4(c))
Item
8.01 Other
Events
On June 16,
2008, OXIS International, Inc. ("OXIS") requested via letter to its four
debenture holders that the debenture holders retract their Notice of Disposition
of Collateral dated June 5, 2008. A copy of the letter is attached hereto
as Exhibit 99.1.
Also on June
16, 2008, OXIS issued a press release announcing that the company’s
four debenture holders have been notified that the sale of its majority interest
in BioCheck Inc. and its diagnostic businesses is proceeding in a timely manner,
and that the
recently commenced foreclosure efforts disclosed in OXIS’ 8-K filing of June 13,
2008 will both jeopardize repayment efforts and harm shareholder
value. A copy of the press release is attached hereto
as Exhibit 99.2.
Item
9.01. Financial
Statements and Exhibits.
(d) Exhibits
99.1 Request
to Retract Notification of Disposition of Collateral dated June 16,
2008.
99.2 Press
Release dated June 16, 2008.
SIGNATURE(S)
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 hereunto
duly authorized.
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OXIS International,
Inc. |
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Dated:
June 17, 2008
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By:
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/s/ Marvin
S. Hausman |
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Marvin
S. Hausman |
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CEO
and Chairman |
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