ASTERIAS BIOTHERAPEUTICS, INC. filed this DEFM14A on 20190204

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Subdocument - DEFM14A
  Page 1 - UNITED STATES
  Page 2 - Filed Pursuant to Rule 424(b)(3)
  Page 3 - BioTime Special Meeting ), BioTime shareholders will be asked to consider and vote on (i) a proposal
  Page 4 - The obligations of BioTime and Asterias to complete the Merger are subject to the satisfaction or wa
  Page 5 - BIOTIME, INC.
  Page 6 - Your vote is important. Whether or not you expect to attend in person, we urge you to vote your shar
  Page 7 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 8 - Your vote is important. Whether or not you expect to attend in person, we urge you to vote your shar
  Page 9 - If you would like to request documents, please do so no later than five business days before the dat
  Page 10 - SEC ) by BioTime (File No. 333-229141), constitutes a prospectus of BioTime under Section 5 of the S
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  Page 14 - RESULTS OF OPERATIONS
  Page 15 - BioTime Special Meeting ) or the special meeting of Asterias stockholders (the Asterias Special Meet
  Page 16 - Asterias Warrants ) will be treated in accordance with the terms of the applicable Warrant Agreement
  Page 17 - Q: Will there be any changes to the BioTime board of directors if the merger becomes effective?
  Page 18 - BioTime Share Issuance ) to the stockholders of Asterias in the Merger (the BioTime Share Issuance P
  Page 19 - The Asterias Board recommends that Asterias stockholders vote FOR the Asterias Merger Proposal and F
  Page 20 - N/A
  Page 21 - Do not send in your certificates now.
  Page 22 - DGCL ), holders of Asterias Common Stock are not entitled to appraisal rights in connection with the
  Page 23 - AgeX ). The distribution of the AgeX shares occurred on November 28, 2018 (with record date of Novem
  Page 24 - Q: Who is paying for this proxy solicitation?
  Page 25 - Asterias Biotherapeutics, Inc.
  Page 26 - Annex A to this joint proxy statement/prospectus. BioTime and Asterias encourage you to read the ent
  Page 27 - Asterias Equity Plan ), with references to Asterias in the Asterias Equity Plan and award agreements
  Page 28 - Asterias Reasons for the Merger; Recommendation of the Asterias Special Committee and Board of Direc
  Page 29 - The Asterias Special Meeting; Required Vote (Page 41)
  Page 30 - Interests of Asterias Directors and Executive Officers in the Merger (Page 83)
  Page 31 - Go-Shop Period ), Asterias was permitted to initiate, solicit and encourage any inquiry or the makin
  Page 32 - U.S. GAAP ). The Merger will be accounted for in accordance with Accounting Standards Codification T
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  Page 35 - OncoCyte ), are accounted for at fair value with changes in fair value included in other income and
  Page 36 - COMPARATIVE HISTORICAL AND PRO FORMA PER SHARE FINANCIAL DATA
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  Page 38 - COMPARATIVE PER SHARE MARKET PRICE AND DIVIDEND INFORMATION
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  Page 43 - Annexes B and C, respectively, to this joint proxy statement/prospectus. For a description of the fa
  Page 44 - The Merger may be completed even though material adverse changes may result from the announcement of
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  Page 47 - BioTime s and Asterias operations require substantial ongoing capital, and if financing is not avail
  Page 48 - The prospective financial forecasts relating to BioTime and Asterias (including the Forecasts used b
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  Page 54 - Accordingly, the Asterias Board, acting upon the unanimous recommendation of the Asterias Special Co
  Page 55 - The Asterias Board recommends that Asterias stockholders vote FOR the Asterias Merger Proposal and t
  Page 56 - Your vote is important. Accordingly, please mark, sign, date and return the enclosed proxy card whet
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  Page 58 - Asterias Biotherapeutics, Inc.
  Page 59 - Annex A and is incorporated by reference into this joint proxy statement/prospectus. This summary do
  Page 60 - Dentons ) about the news that BioTime may submit a letter of intent to Asterias and the proper proce
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  Page 62 - Cooley ), legal counsel to BioTime and the BioTime Special Committee, present. Representatives of Co
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  Page 64 - AgeX ) and that the distribution could impact the exchange ratio. Mr. Russell conveyed that BioTime
  Page 65 - Covington ), the BioTime Special Committee s additional independent counsel, present for a portion o
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  Page 72 - Annex B to this joint proxy statement/prospectus and is incorporated herein by reference in its enti
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  Page 74 - peers ):
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  Page 77 - Precedent Transactions Analysis
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  Page 83 - The Asterias Board recommends (by unanimous vote of the disinterested members of the Asterias Board,
  Page 84 - Annex C to this joint proxy statement/prospectus. The summary of the opinion of Raymond James set fo
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  Page 88 - Asterias Selected Transactions ). For each transaction, Raymond James reviewed the total transaction
  Page 89 - BioTime Selected Transactions ). For each transaction, Raymond James reviewed the total transaction
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  Page 92 - Opinion Fee ) in the amount of $500,000. Asterias will also pay Raymond James a fee for advisory ser
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  Page 95 - OPC1 Projections ) and (ii) projections relating to Asterias VAC2 clinical program that Asterias pro
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  Page 97 - Service as Directors or Executive Officers of BioTime; Family Relationships
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  Page 99 - Indemnified Parties ) against any costs or expenses (including advancing attorneys fees and expenses
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  Page 102 - Annex A and is incorporated by reference into this joint proxy statement/prospectus. This summary do
  Page 103 - Asterias Equity Plan ) will be cancelled and extinguished for no consideration and will cease to exi
  Page 104 - Representations and Warranties
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  Page 111 - Go-Shop Period ), Asterias and its representatives may (i) solicit, initiate, encourage and facilita
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  Page 122 - The BioTime Board recommends that BioTime shareholders vote FOR the BioTime Adjournment Proposal.
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  Page 124 - IRS ), each as in effect as of the date hereof, and all of which are subject to change or differing
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  Page 126 - hES ) cell lines, which were originally isolated in the 1990 s and which have almost unlimited capac
  Page 127 - cGMP ) master cell bank of undifferentiated hES cells that has been qualified for human use. These c
  Page 128 - Positive Safety Profile Asterias has dosed 25 subjects with AST-OPC1 in the SCiStar study and a tota
  Page 129 - FDA ) specifically for the treatment of spinal cord injury, although methylprednisolone, a corticost
  Page 130 - AST-VAC2
  Page 131 - Services Agreement ) with Cell Therapy Catapult Services Limited ( Catapult ), a research organizati
  Page 132 - Asset Contribution Agreement ), currently includes approximately 420 patents and patent applications
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  Page 134 - WARF ) under which Asterias was granted a worldwide non-exclusive license under certain WARF patents
  Page 135 - USPTO ) when more than one person files a patent application covering the same technology, or if som
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  Page 137 - CBER ) Office of Tissues and Advanced Therapies ( OTAT , formerly known as the Office of Cellular, T
  Page 138 - SCRO Committee ) before conducting the research. Under certain California regulations, all hES cell
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  Page 140 - Pro Forma Financial Statements ) of BioTime after giving effect to the proposed Merger with Asterias
  Page 141 - BioTime, Inc.
  Page 142 - BioTime, Inc.
  Page 143 - BioTime, Inc.
  Page 144 - Notes to Unaudited Pro Forma Condensed Combined Financial Information
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  Page 146 - Note 3. Preliminary estimated purchase price allocation
  Page 147 - DTL ) in accordance with ASC 740, Income Taxes. This DTL is computed using the fair value of the IPR
  Page 148 - Note 4. Adjustments to the Pro Forma Balance Sheet
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  Page 150 - Note 5. Adjustments to the Pro Forma Statements of Operations
  Page 151 - Mast ), from February 2010, and was also a member of its Board of Directors from December 2011, unti
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  Page 154 - IP ) and Licensing at Salix Pharmaceuticals from 2007 - 2015, a global pharmaceutical company that w
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  Page 156 - OPERATIONS OF ASTERIAS
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  Page 159 - ASC 505-50 ). Stock option awards issued to non-employees, principally consultants
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  Page 163 - Other income/(expense), net
  Page 164 - Securities Act ), including in at-the-market transactions, or in private placements to select invest
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  Page 167 - OF ASTERIAS COMMON STOCK
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  Page 179 - BIOTIME
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  Page 181 - ASTERIAS
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  Page 188 - Report of Independent Registered Public Accounting Firm
  Page 189 - ASTERIAS BIOTHERAPEUTICS, INC.
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  Page 193 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 194 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 195 - 2. Summary of Significant Accounting Policies
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  Page 201 - 3. Balance Sheet Components
  Page 202 - 4. Investments in BioTime and OncoCyte Common Stock
  Page 203 - 6. Common Stock and Warrants
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  Page 205 - 7. Equity Incentive Plan
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  Page 208 - 8. Commitments and Contingencies
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  Page 211 - 9. Shared Facilities and Service Agreement
  Page 212 - 10. Income Taxes
  Page 213 - 11. Segment Information
  Page 214 - 13. License and Royalty Obligations
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  Page 216 - 14. Clinical Trial and Option Agreement with CRUK and CIRM Grant Award
  Page 217 - 15. Cross-License and Share Transfer with BioTime and Subsidiaries
  Page 218 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 219 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 220 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 221 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 222 - ASTERIAS BIOTHERAPEUTICS, INC.
  Page 223 - 2. Summary of Significant Accounting Policies
  Page 224 - Comprehensive loss ASC 220, Comprehensive Income, requires that an entity s change in equity or net
  Page 225 - Recently Issued Accounting Pronouncements Not Yet Adopted The following accounting standards, which
  Page 226 - 3. Balance Sheet Components
  Page 227 - Receivables
  Page 228 - 5. Intangible Assets
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  Page 230 - 7. Stock-Based Compensation
  Page 231 - 8. Commitments and Contingencies
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  Page 233 - 9. Shared Facilities and Services Agreement
  Page 234 - 10. Income Taxes
  Page 235 - 12. Clinical Trial and Option Agreement with CRUK and CIRM Grant Award
  Page 236 - Annex A
  Page 237 - TABLE OF CONTENTS
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  Page 240 - Recitals
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  Page 323 - SCHEDULE 1.6
  Page 324 - Annex B
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  Page 327 - Annex C
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