-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U/geG2FXC7hq+sYTU3DWf2UAfrAQA1HVW1DXGWlpdmMlBEg6OJAGCPWMwgWL78AC Al6eqhk0r1RbeklBHDI7IA== 0000950138-04-000710.txt : 20041102 0000950138-04-000710.hdr.sgml : 20041102 20041101182014 ACCESSION NUMBER: 0000950138-04-000710 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20041102 DATE AS OF CHANGE: 20041101 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AASTROM BIOSCIENCES INC CENTRAL INDEX KEY: 0000887359 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] IRS NUMBER: 943096597 STATE OF INCORPORATION: MI FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52095 FILM NUMBER: 041111247 BUSINESS ADDRESS: STREET 1: 24 FRANKL LLOYD WRIGHT DR STREET 2: PO BOX 376 CITY: ANN ARBOR STATE: MI ZIP: 48106 BUSINESS PHONE: 7349305555 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KOPIN MITCHELL P CENTRAL INDEX KEY: 0001116628 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 666 DUNDEE ROAD STREET 2: SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 BUSINESS PHONE: 847 562-9030 MAIL ADDRESS: STREET 1: 666 DUNDEE ROAD STREET 2: SUITE 1901 CITY: NORTHBROOK STATE: IL ZIP: 60062 SC 13G 1 nov13g_cranshire.txt /DOCSANDPROJECTS/MISC/CRANSHIRE 2004 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. )* Aastrom Biosciences, Inc. --------------------------------- (Name of Issuer) Common Stock, no par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 00253U107 ------------------- (CUSIP Number) October 27, 2004 - ------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP NO. 00253U107 Page 2 of 8 - ----------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Cranshire Capital, L.P. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Illinois - ----------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 5,371,901(See Item 4) -------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY None -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 5,371,901(See Item 4) -------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH None - ----------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,371,901(See Item 4) - ----------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X] - ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6%(See Item 4) - ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 00253U107 Page 3 of 8 - ----------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Downsview Capital, Inc. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Illinois - ----------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 5,371,901(See Item 4) -------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY None -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 5,371,901(See Item 4) -------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH None - ----------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,371,901(See Item 4) - ----------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X] - ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6%(See Item 4) - ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON CO - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 00253U107 Page 4 of 8 - ----------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only) Mitchell P. Kopin - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ----------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES 5,371,901(See Item 4) -------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY None -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING 5,371,901(See Item 4) -------------------------------------------------------------- PERSON 8 SHARED DISPOSITIVE POWER WITH None - ----------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,371,901(See Item 4) - ----------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X] - ----------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6%(See Item 4) - ----------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - ----------------------------------------------------------------------------- SCHEDULE 13G CUSIP NO. 00253U107 5 of 8 Item 1(a). Name of Issuer: Aastrom Biosciences, Inc., a Michigan corporation (the "Issuer") Item 1(b). Address of Issuer's Principal Executive Offices: 24 Frank Lloyd Wright Dr. PO Box 376 Ann Arbor, Michigan 48106 Items 2(a), Name of Persons Filing, Address of Principal Business (b) and (c). Office and Citizenship: This Schedule 13G is being filed on behalf of (i) Cranshire Capital, L.P., an Illinois limited partnership ("Cranshire"), (ii) Downsview Capital, Inc., an Illinois corporation ("Downsview") and (iii) Mitchell P. Kopin, an individual who is a citizen of the U.S.A. ("Kopin," together with Cranshire and Downsview, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 1, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended. The principal business office of each of the Reporting Persons is 666 Dundee Road, Suite 1901, Northbrook, Illinois, 60062. Item 2(d). Title of Class of Securities: Common Stock, no par value, of the Issuer (the "Common Stock") Item 2(e). CUSIP Number: 00253U107 Item 3. Not applicable. Item 4. Ownership. (a) Amount beneficially owned: 5,371,901 shares of Common Stock* (b) Percent of class: Based on 81,373,191 shares of Common Stock of the Issuer outstanding as of June 30, 2004 (as set forth in the Issuer's Form 424(B)(2) filed on October 28, SCHEDULE 13G CUSIP NO. 00253U107 Page 6 of 8 2004), Cranshire holds approximately 6.6% of the issued and outstanding Common Stock of the Issuer. (c) Number os shares to which such persons has: ------------------------------------------ (i) Sole power to vote or direct the vote: 5,371,901* (ii) Shared power to vote or direct the vote: None (iii)Sole power to dispose or to direct the disposition of: 5,371,901* (iv) Shared power to dispose of or direct the disposition of: None *Cranshire beneficially owns an aggregate of 5,371,901 shares of Common Stock. The beneficial ownership of the Reporting Persons excludes certain shares of Common Stock issuable upon the exercise of warrants held by Cranshire. Such warrants issued to Cranshire contain exercise caps which prohibit the holder of the warrants from exercising such warrants to the extent that giving effect to such exercise, such holder would beneficially own in excess of 4.9999% of the Issuer's outstanding Common Stock (determined in accordance with Section 13(d) of the Securities Exchange Act of 1934). Because (i) Downsview is the general partner of Cranshire and (ii) Kopin is the holder of 100% of the issued and outstanding shares of Downsview and is the president thereof, each of Downsview and Kopin are considered to share the power to vote or direct the vote of, and the power to dispose or direct the disposition of, the shares of Common Stock which Cranshire beneficially owns. Each of Downsview and Kopin disclaim beneficial ownership of the reported securities except to the extent of each of their respective pecuniary interests therein, and this statement on Schedule 13G shall not be construed as an admission that each of the Reporting Persons is the beneficial owner of the Common Stock covered by such statement. Item 5. Ownership of Five Percent or Less of a Class. Not Applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported By the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Not Applicable. SCHEDULE 13G CUSIP NO. 00253U107 Page 7 of 8 Item 9. Notice of Dissolution of a Group. Not Applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SCHEDULE 13G CUSIP NO. 00253U107 8 of 8 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 1, 2004 CRANSHIRE CAPITAL, L.P. By: Downsview Capital, Inc., its general partner By:/s/ Mitchell P. Kopin ------------------------------ Mitchell P. Kopin, President DOWNSVIEW CAPITAL, INC. By:/s/ Mitchell P. Kopin ------------------------------ Mitchell P. Kopin, President /s/ Mitchell P. Kopin --------------------------------- Mitchell P. Kopin SCHEDULE 13G CUSIP NO. 00253U107 Exhibit 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to 5,371,901 shares of Common Stock, no par value of Aastrom Biosciences, Inc., and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings. The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate. IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on November 1, 2004. CRANSHIRE CAPITAL, L.P. By: Downsview Capital, Inc., its general partner By:/s/ Mitchell P. Kopin ------------------------------- Mitchell P. Kopin, President DOWNSVIEW CAPITAL, INC. By:/s/ Mitchell P. Kopin ------------------------------- Mitchell P. Kopin, President /s/ Mitchell P. Kopin ---------------------------------- Mitchell P. Kopin -----END PRIVACY-ENHANCED MESSAGE-----