UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
Date of
Report (Date of earliest event reported): July 13, 2009
(Exact
name of registrant as specified in charter)
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DE
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0-8092
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94-1620407
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(State
or Other Jurisdiction of
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(Commission
File
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(I.R.S.
Employer
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Incorporation
or Organization)
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Number)
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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) (Zip Code)
Registrant's
telephone number, including area code: (310) 860-5184
With a
copy to:
Stephen
M. Fleming, Esq.
Law
Offices of Stephen M. Fleming PLLC
110 Wall
Street, 11th
Floor
New York,
New York 10005
T:
516.833.5034
F:
516.977.1209
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 (see General Instructions A.2. below):
/_/
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 (17 CFR
240.14a-12)
/_/
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
/_/
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
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Item
5.02
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Departure
of Directors or Certain Officers; Election of
Directors;
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Appointment of Certain Officers;
Compensatory Arrangement s of Certain Officers
On July
13, 2009, Sade Panahi was elected as a member of the Board of Directors of Oxis
International, Inc. (the “Company”). Mr. Panahi was also appointed
Chairman of the Compensation Committee. Concurrent with Mr. Panahi’s
election and appointment, Maurice Spitz resigned as Company Secretary and
Treasurer. Mr. Spitz will continue to serve as a
director.
There are
no understandings or arrangements between Mr. Panahi and any other person
pursuant to which he was appointed as a director. Mr. Panahi presently does
not serve on any Company committee other than the Compensation
Committee. Mr. Panahi does not have any family relationship with
any director, executive officer or person nominated or chosen by the Company to
become a director or executive officer. Mr. Panahi has never entered into a
transaction, nor is there any proposed transaction, between Mr. Panahi and
the Company.
SADE
PANAHI, 50, has been a director of Green St Energy Inc. since
December 2008. Mr. Panahi runs Panahi Investments, a boutique
investment firm which provides research on land that may be deployed in the
alternative energy sector with a primary focus on wind and solar
power. He was formerly employed by Mariposa Properties, Inc. from
2003 to 2008 which is a company that along with its affiliates acquire land to
be used by energy companies for wind or solar development. From 2000
to 2003 Mr. Pahahi was employed by ACM Investors, Inc. in which he was
responsible for evaluating financing opportunities. He received his
Masters in Management from Golden Gate University.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
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OXIS INTERNATIONAL,
INC. |
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By:
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/s/ Anthony
Cataldo |
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Name:
Anthony Cataldo |
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Title:
Chairman and CEO |
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Date: July
22, 2009
