SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-C REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ INTERDEALER QUOTATION SYSTEM FILED PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULE 13A-17 OR 15D-17 THEREUNDER OXIS INTERNATIONAL, INC. - -------------------------------------------------------------------------------- (EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER) 6040 N. CUTTER CIRCLE, SUITE 317, PORTLAND, OR. 97217-3935 - -------------------------------------------------------------------------------- (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) Issuer's telephone number, including area code (503) 283-3911 -------------- I. CHANGE IN NUMBER OF SHARES OUTSTANDING Indicate any change (increase or decrease) of five percent or more in the number of shares outstanding: 1. Title of security Common Stock --------------------------------------------------------- 2. Number of shares outstanding before the change 10,683,687 --------------------------- 3. Number of shares outstanding after the change 12,124,423 --------------------------- 4. Effective date of change July 19, 1995 ------------------------------------------------- 5. Method of change: Specify method (such as merger, acquisition, exchange, distribution, stock split, reverse split, acquisition of stock for treasury, etc.) Merger - ------------------------------------------------------------------------------ Give brief description of transaction: On July 19, 1995, Therox ------------------------ Pharmaceuticals, Inc. ("Therox") was merged with and into OXIS Acquisition - -------------------------------------------------------------------------- Corporation ("OXISub"), a wholly-owned subsidiary of Issuer with OXISub as the - ------------------------------------------------------------------------------ surviving corporation. An aggregate of 1,440,736 shares of Issuer's Common - --------------------------------------------------------------------------- Stock was issued in exchange for all of the outstanding shares of Therox stock. - ------------------------------------------------------------------------------- Date: July 26, 1995 /s/ Ray R. Rogers ---------------------------- Ray R. Rogers Chairman of the Board, OXIS International, Inc.