---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-011218"
form_type: "8-K"
ticker: null
cik: "0001368148"
company_name: "ATHERSYS, INC / NEW"
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:42:31.413933+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Athersys completes sale of substantially all assets to HEALIOS K.K. for $2.25M; board overhaul

## Summary
- Sale of all assets to HEALIOS K.K. closed April 3, 2024, for $2.25M via credit bid; no competing bids received.
- Kasey Rosado (Interim CFO) appointed as director on April 1, 2024; four directors resigned: Mayhugh, Nolan, Wyszomierski, Wasman.
- Company remains in Chapter 11; expects common stock holders may receive no distribution.
- No new compensatory agreements entered for Rosado in connection with her board appointment.

## SEC filing metadata
- accession: 0001437749-24-011218
- form_type: 8-K
- cik: 0001368148
- company_name: ATHERSYS, INC / NEW
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/athx20240403_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-011218
- JSON: https://secwatch.observer/filing/0001437749-24-011218.json
- Plain text: https://secwatch.observer/filing/0001437749-24-011218.txt

## Key facts
- Executive change
  Neema Mayhugh resigned as Director at ATHERSYS, INC / NEW.
  - Action: resigned
  - Role: Director
  source text: Neema Mayhugh, Joseph Nolan, Jack Wyszomierski, and Jane Wasman resigned as directors of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- Executive change
  Jack Wyszomierski resigned as Director at ATHERSYS, INC / NEW.
  - Action: resigned
  - Role: Director
  source text: Neema Mayhugh, Joseph Nolan, Jack Wyszomierski, and Jane Wasman resigned as directors of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- Executive change
  Joseph Nolan resigned as Director at ATHERSYS, INC / NEW.
  - Action: resigned
  - Role: Director
  source text: Neema Mayhugh, Joseph Nolan, Jack Wyszomierski, and Jane Wasman resigned as directors of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- Executive change
  Kasey Rosado was appointed as Director at ATHERSYS, INC / NEW.
  - Action: appointed
  - Role: Director
  source text: Kasey Rosado, the Company’s Interim Chief Financial Officer, was appointed as a director on the Company’s board of directors (the “Board”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- Executive change
  Jane Wasman resigned as Director at ATHERSYS, INC / NEW.
  - Action: resigned
  - Role: Director
  source text: Neema Mayhugh, Joseph Nolan, Jack Wyszomierski, and Jane Wasman resigned as directors of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm
- M&A Transactions
  ATHERSYS, INC / NEW completed a disposition involving HEALIOS K.K. for $2,250,000.00 (closed 2024-04-03).
  - Action: disposition
  - Counterparty: HEALIOS K.K.
  - Consideration: $2,250,000.00
  - Closing: 2024-04-03
  source text: the Debtors entered into the First Amendment to the Asset Purchase Agreement (the “Amendment”) with the Stalking Horse Bidder. The Amendment increased the Purchase Price to $2,250,000.00. The Company did not receive any other bids for the Purchased Assets pursuant to the approved bidding procedures, and the Debtors moved forward with seeking and obtaining
  evidence_url: https://www.sec.gov/Archives/edgar/data/1368148/000143774924011218/0001437749-24-011218-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.