CRYOLIFE, INC. (NYSE:CRY) Files An 8-K Results of Operations and Financial Condition

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CRYOLIFE, INC. (NYSE:CRY) Files An 8-K Results of Operations and Financial Condition
Item 2.02Results of Operations and Financial Condition.

On July 24, 2017, CryoLife, Inc. (“CryoLife” or the “Company”) issued a press release announcing its financial results for the quarterended June 30, 2017. CryoLife hereby incorporates by reference herein the information set forth in its press release dated July 24, 2017, a copy of which is attached hereto as Exhibit 99.1. Except as otherwise provided in the press release, the press release speaks only as of the date of such press release and it shall not create any implication that the affairs of CryoLife have continued unchanged since such date.

The information provided to this Item 2.02 is to be considered “furnished” to Item 2.02 of Form 8-K and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, nor shall it be deemed incorporated by reference into any of CryoLife’s reports or filings with the Securities and Exchange Commission, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing.

Except for the historical information contained in this report, the statements made by CryoLife are forward-looking statements that involve risks and uncertainties. All such statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. CryoLife’s future financial performance could differ significantly from the expectations of management and from results expressed or implied in the press release. Please refer to the last paragraph of the text portion of the press release for further discussion about forward-looking statements. For further information on risk factors, please refer to “Risk Factors” contained in CryoLife’s Form 10-K filed for the year ended December 31, 2016 and its subsequent filings with the Securities and Exchange Commission, as well as in the press release attached as Exhibit 99.1 hereto. CryoLife disclaims any obligation or duty to update or modify these forward-looking statements.

Section 5Corporate Governance and Management

Item 5.03Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On July 20, 2017, the Board of Directors of CryoLife, Inc. (the “Company”) approved amendments, effective immediately, to the Bylaws of the Company.

The Bylaws Amendment makes certain changes to the Company’s Bylaws currently in effect to (i) reflect certain changes in Florida corporate law, and (ii) make clear the rights of indemnitees with regard to expenses.

The description of the Amendment contained in this report is qualified in its entirety by reference to the full text of the form of Amended and Restated Bylaws, as amended and restated on July 20, 2017, effective immediately, filed as Exhibit 3.1 to this Current Report on Form 8-K.

Section 9Financial Statements and Exhibits.

Item 9.01(d) Exhibits.

(a) Financial Statements.

Not applicable.

(b) Pro Forma Financial Information.

Not applicable.

(c) Shell Company Transactions.

Not applicable.

(d) Exhibits.

Exhibit Number

Description

3.1

Form of Amended and Restated Bylaws

99.1*

Press release dated July 24, 2017

*This exhibit is furnished, not filed.


CRYOLIFE INC Exhibit
EX-3.1 2 c199-20170725xex3_1.htm EX-3.1 8K – Bylaws and Indemn Exh 32 Bylaws 2-21-17 EXHIBIT 3.1 AMENDED AND RESTATED BYLAWS OF CRYOLIFE,…
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About CRYOLIFE, INC. (NYSE:CRY)

CryoLife, Inc. (CryoLife) is engaged in medical device manufacturing and distribution, and in the processing and distribution of implantable human tissues for cardiac and vascular surgeries. The Company operates in two segments: Medical Devices and Preservation Services. The Medical Devices segment sells BioGlue, BioFoam, PerClot, CardioGenesis cardiac laser therapy, Hemodialysis Reliable Outflow (HeRO) Graft, and ProCol Vascular Bioprosthesis (ProCol). The Preservation Services segment preserves cardiac and vascular tissues. The Company’s surgical sealants and hemostats include BioGlue Surgical Adhesive (BioGlue), BioFoam Surgical Matrix (BioFoam), and PerClot, an absorbable powdered hemostat, which the Company distributes internationally for Starch Medical, Inc. (SMI). Its CardioGenesis cardiac laser therapy product line includes a laser console system and single-use, fiber-optic handpieces.