F-6/A 1 e618051_f6a-tlc.htm

 

As filed with the U.S. Securities and Exchange Commission on November 9, 2018

Registration No. 333-223303

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

____________________

 

PRE-EFFECTIVE AMENDMENT NO. 2 TO

FORM F-6

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

For Depositary Shares Evidenced by American Depositary Receipts

___________________

 

Taiwan Liposome Company, Ltd.

台灣微脂體股份有限公司

(Exact name of issuer of deposited securities as specified in its charter)

 

n/a

(Translation of issuer's name into English)

 

Republic of China

(Jurisdiction of incorporation or organization of issuer)

 

JPMORGAN CHASE BANK, N.A.

(Exact name of depositary as specified in its charter)

 

383 Madison Avenue, Floor 11, New York, New York 10179

Telephone (800) 990-1135

(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)

____________________

 

TLC Biopharmaceuticals, Inc.

432 North Canal Street #20

South San Francisco, CA 94080

(650) 872-8816

(Address, including zip code, and telephone number, including area code, of agent for service)

 

Copy to:

 

Scott A. Ziegler, Esq.

Ziegler, Ziegler & Associates LLP

570 Lexington Avenue, Suite 2405

New York, New York 10022

(212) 319-7600

 

It is proposed that this filing become effective under Rule 466

 

  immediately upon filing  
  on (Date) at (Time)  

 

If a separate registration statement has been filed to register the deposited shares, check the following box.

 

CALCULATION OF REGISTRATION FEE

 

Title of each class of

Securities to be registered

Amount 

to be

registered

Proposed

maximum 

aggregate price 

per unit (1)

Proposed

maximum 

aggregate offering 

price (2)

Amount of 

registration fee

American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing two common shares of Taiwan Liposome Company, Ltd. n/a n/a n/a n/a
(1)Each unit represents one American Depositary Share.

(2)Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.

 

The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

 

 

PART I

 

INFORMATION REQUIRED IN PROSPECTUS

 

The Prospectus consists of the proposed form of American Depositary Receipt ("ADR" or "American Depositary Receipt") included as Exhibit A to the Deposit Agreement filed as Exhibit (a) to this Pre-Effective Amendment No. 2 to Registration Statement on Form F-6, which is incorporated herein by reference.

 

Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED

 

CROSS REFERENCE SHEET

 

Item Number and Caption

 

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus

         
(1) Name and address of Depositary   Introductory paragraph and bottom of face of American Depositary Receipt
(2) Title of American Depositary Receipts and identity of deposited securities   Face of American Depositary Receipt, top center
       
  Terms of Deposit:    
       
  (i) Amount of deposited securities represented by one unit of American Depositary Shares   Face of American Depositary Receipt, upper right corner
         
  (ii) Procedure for voting, if any, the deposited securities   Paragraph (12)
         
  (iii) Collection and distribution of dividends   Paragraphs (4), (5), (7) and (10)
         
  (iv) Transmission of notices, reports and proxy soliciting material   Paragraphs (3), (8) and (12)
         
  (v) Sale or exercise of rights   Paragraphs (4), (5) and (10)
         
  (vi) Deposit or sale of securities resulting from dividends, splits or plans of reorganization   Paragraphs (4), (5), (10) and (13)
         
  (vii) Amendment, extension or termination of the Deposit Agreement   Paragraphs (16) and (17)
         
  (viii) Rights of holders of ADRs to inspect the transfer books of the Depositary and the list of Holders of ADRs   Paragraph (3)
         
  (ix) Restrictions upon the right to deposit or withdraw the underlying securities   Paragraphs (1), (2), (4), and (5)
         
  (x) Limitation upon the liability of the Depositary   Paragraph (14)
         
(3) Fees and Charges   Paragraph (7)

 

 

Item 2. AVAILABLE INFORMATION

 

Item Number and Caption

 

Location in Form of American Depositary

Receipt Filed Herewith as Prospectus

         
  (b) Statement that Taiwan Liposome Company, Ltd. is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly files certain reports with the Securities and Exchange Commission, and that such reports can be inspected by holders of American Depositary Receipts and copied through the  EDGAR system or at public reference facilities maintained by the Securities and Exchange Commission in Washington, D.C.       Paragraph (8)

 

 

PART II

 

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 3. EXHIBITS

 

(a)Form of Deposit Agreement. Form of Deposit Agreement dated as of                , 2018 among Taiwan Liposome Company, Ltd., JPMorgan Chase Bank, N.A., as depositary (the "Depositary"), and all holders from time to time of ADRs issued thereunder (the "Deposit Agreement"), including the Form of American Depositary Receipt, is filed herewith as Exhibit (a).

 

(b)Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. Not Applicable.

 

(c)Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. Not Applicable.

 

(d)Opinion of Ziegler, Ziegler & Associates LLP, counsel to the Depositary, as to the legality of the securities being registered. Previously filed.

 

(e)Certification under Rule 466. Not applicable.

 

(f)Powers of Attorney for certain officers and directors and the authorized representative of the Company. Previously filed.

 

Item 4. UNDERTAKINGS

 

(a)The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the American Depositary Receipts, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.

 

(b)If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an American Depositary Receipt thirty days before any change in the fee schedule.

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Act of 1933, as amended, JPMorgan Chase Bank, N.A. on behalf of the legal entity created by the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Pre-Effective Amendment No. 2 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in The City of New York, State of New York, on November 9, 2018.

 

  Legal entity created by the form of Deposit Agreement for the issuance of ADRs evidencing American Depositary Shares
     
  By: JPMORGAN CHASE BANK, N.A., as Depositary
     
  By: /s/ Joseph M. Leinhauser
  Name:  Joseph M. Leinhauser
  Title: Executive Director

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, Taiwan Liposome Company, Ltd. certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Pre-Effective Amendment No. 2 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, on November 9, 2018.

 

  Taiwan Liposome Company, Ltd.
     
  By: /s/ Keelung Hong
  Name:  Keelung Hong, Ph.D.
  Title: Chief Executive Officer and Chairman

 

Under the requirements of the Securities Act of 1933, as amended, this Pre-Effective Amendment No. 2 to Registration Statement on Form F-6 has been signed by the following persons on November 9, 2018, in the capacities indicated.

 

SIGNATURES

 

Signature

 

 

Title

 

     

/s/Keelung Hong

 

Chairman of the Board and Chief Executive Officer

Keelung Hong, Ph.D.   (principal executive officer)
     

/s/Nicole Lin

 

Vice President in Finance and Administration

Nicole Lin   (principal financial officer and principal accounting officer)
     

*

 

Director

Hong-Jen Chang, M.D. (representing Taiwan Global Biofund)    
     

*

 

Director

Shieh-Shung Tom Chen, Ph.D.    
     

*

 

Director

Anupam Dalal, M.D., M.B.A. (representing Burrill Life Sciences Capital Fund III, L.P.)    

 

 

*

 

Director

May Kang, M.B.A.    
     

*

 

Director

Chan Yu Lee (representing Chang Xiang Investment Company, Ltd.)    
     

*

 

Director

Moun-Rong Lin, M.B.A.    
     

*

 

Director

Beatrice Liu, Ph.D.    

 

*By: /s/George Yeh .    
Name:  George Yeh    
Title: Power of Attorney    

 

 

SIGNATURE OF AUTHORIZED REPRESENTATIVE

 

Under the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Taiwan Liposome Company, Ltd., has signed this Pre-Effective Amendment No. 2 to Registration Statement in South San Francisco, California, on November 9, 2018.

 

 

TLC Biopharmaceuticals, Inc. as

Authorized U.S. Representative

     
  By: /s/ George Yeh
  Name: George Yeh
  Title: President

 

 

INDEX TO EXHIBITS

 

Exhibit

Number

 
   
(a) Form of Deposit Agreement.