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Rockwell Medical Inc (RMTI.OQ)

RMTI.OQ on NASDAQ Stock Exchange Global Market

4.19USD
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Rockwell Medical Inc Files For Non-Timely 10-Q
Friday, 10 Aug 2018 

Aug 9 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL INC FILES FOR NON-TIMELY 10-Q - SEC FILING.ROCKWELL MEDICAL SAYS 10-Q COULD NOT BE FILED WITHIN TIME BECAUSE CO’S FORMER INDEPENDENT REGISTERED PUBLIC ACCOUNTING RESIGNED EFFECTIVE JUNE 22.ROCKWELL MEDICAL SAYS AUDIT COMMITTEE ENGAGED MARCUM LLP AS CO’S NEW INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON JULY 26.ROCKWELL MEDICAL SAYS WORKING DILIGENTLY AND PLANS TO USE EXTENSION TO COMPLETE WORK AND FILE Q2 FORM 10-Q WITHIN THE 5-DAY EXTENSION PERIOD.  Full Article

Rockwell Medical Says Upon Election Of Stuart Paul, Board Increased Board Size From Five To Six Directors
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL SAYS UPON ELECTION OF STUART PAUL, BOARD INCREASED BOARD SIZE FROM FIVE TO SIX DIRECTORS - SEC FILING.  Full Article

Rockwell Medical Appoints New Chief Executive Officer
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL APPOINTS NEW CHIEF EXECUTIVE OFFICER.ROCKWELL MEDICAL APPOINTS NEW CHIEF EXECUTIVE OFFICER.SAYS STUART PAUL APPOINTED CEO.APPOINTED STUART PAUL AS CHIEF EXECUTIVE OFFICER OF COMPANY, EFFECTIVE SEPTEMBER 4, 2018.PAUL WILL ALSO JOIN ROCKWELL MEDICAL BOARD OF DIRECTORS.  Full Article

Rockwell Medical Signs Confidential Settlement Term Sheet
Saturday, 4 Aug 2018 

Aug 3 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL -ON JULY 30, CO & ROBERT L. CHIOINI, THOMAS E. KLEMA, PATRICK J. BAGLEY, RONALD D. BOYD AGREED TO CONFIDENTIAL SETTLEMENT TERM SHEET.ROCKWELL MEDICAL INC - SETTLEMENT TERM SHEET MEMORIALIZES SETTLEMENT AROUND TERMINATION OF CHIOINI AND KLEMA.ROCKWELL MEDICAL SAYS ROBERT CHIOINI AND RONALD BOYD RESIGNED FROM BOARD OF DIRECTORS EFFECTIVE IMMEDIATELY - SEC FILING.ROCKWELL MEDICAL INC - CHIOINI, KLEMA, BAGLEY AND BOYD AGREED TO A STANDSTILL AGREEMENT TO MAINTAIN ALL COMPANY INFORMATION STRICTLY CONFIDENTIAL.ROCKWELL MEDICAL INC - CHIONI AND KLEMA ARE NOT ENTITLED TO ANY OF THEIR PERFORMANCE RESTRICTED SHARES.ROCKWELL MEDICAL - SETTLEMENT TERM SHEET PROVIDES CO WILL PAY CHIOINI, KLEMA, BAGLEY AND BOYD $1.5 MILLION.ROCKWELL MEDICAL INC - WITH RESIGNATIONS OF CHIOINI AND BOYD, SIZE OF BOARD WILL BE REDUCED TO FIVE DIRECTORS.  Full Article

Calcitriol New Contract Manufacturing Submission Receives FDA Approval
Monday, 16 Jul 2018 

July 16 (Reuters) - Rockwell Medical Inc ::CALCITRIOL NEW CONTRACT MANUFACTURING SUBMISSION RECEIVES FDA APPROVAL AND ALLOWS ROCKWELL MEDICAL COMMERCIALIZATION OF CALCITRIOL.ROCKWELL MEDICAL INC - CO DOES NOT EXPECT CALCITRIOL SALES TO HAVE A MATERIAL IMPACT ON ITS TOTAL REVENUE FOR 2018.  Full Article

Rockwell Medical Says Plante & Moran Resigning As Independent Registered Public Accounting Firm
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL - PLANTE & MORAN PLLC NOTIFIED CHAIR OF AUDIT COMMITTEE OF BOARD IT WAS RESIGNING AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.ROCKWELL MEDICAL - IN LETTER DATED JUNE 22, PLANTE IDENTIFIED SOME REPORTABLE EVENTS RELATING TO FINANCIAL STATEMENTS IN FORM 10-Q FOR PERIOD ENDED MARCH 31, 2018.  Full Article

Rockwell Medical Says Court Ordered Co Not To Make Any Material Changes Unless First Reviewed By Court
Wednesday, 20 Jun 2018 

June 19 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL INC - COURT ISSUED ORDER IN MATTER ROCKWELL MEDICAL, INC. V. ROBERT CHIOINI AND THOMAS KLEMA.ROCKWELL MEDICAL - COURT ORDERED BOARD & MANAGEMENT OF CO NOT MAKE ANY MATERIAL CHANGES TO CO UNLESS FIRST REVIEWED BY COURT.ROCKWELL MEDICAL INC - COURT ORDERED CO'S 2018 ANNUAL SHAREHOLDER MEETING CURRENTLY SCHEDULED TO BE HELD ON JUNE 21, BE ADJOURNED FOR 30 DAYS.ROCKWELL MEDICAL INC - PARTIES ARE SCHEDULED TO ENGAGE IN COURT-ORDERED MEDIATION ON, JUNE 19, 2018.  Full Article

Rockwell Medical Provides Update On Commercial Strategy
Thursday, 7 Jun 2018 

June 7 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL PROVIDES UPDATE ON COMMERCIAL STRATEGY.ROCKWELL MEDICAL INC - COMPANY TO MOVE FORWARD WITH COMMERCIALIZATION OF TRIFERIC.ROCKWELL MEDICAL - CONCLUDED IT SHOULD MOVE FORWARD WITHOUT ASSUMING IT WILL GET TRANSITIONAL DRUG ADD-ON PAYMENT ADJUSTMENT FOR TRIFERIC IN NEAR TERM.ROCKWELL MEDICAL - CONCLUDED IT IS IN BEST INTERESTS OF CO'S SHAREHOLDERS TO IMMEDIATELY MOVE AHEAD WITH COMMERCIAL PLANNING, LAUNCH OF TRIFERIC.  Full Article

Rockwell Medical Voted To Terminate Thomas Klema As VP, CFO, Secretary And Treasurer, Effective Immediately
Saturday, 26 May 2018 

May 25 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL - ON MAY 24, VOTED TO TERMINATE EMPLOYMENT OF THOMAS KLEMA AS VP, CFO, SECRETARY AND TREASURER, EFFECTIVE IMMEDIATELY.ON MAY 25, BOARD APPOINTED DAVID KULL AS COMPANY'S PRINCIPAL ACCOUNTING OFFICER - SEC FILING.ROCKWELL-ON MAY 25 CIRCUIT COURT FOR OAKLAND COUNTY ISSUED STIPULATED ORDER RESULTING IN TEMPORARY ESTRAINING ORDER AGAINST ROBERT CHIOINI, THOMAS KLEMA.ROCKWELL MEDICAL - CIRCUIT COURT ISSUED STIPULATED ORDER DUE TO CO FILING REQUEST FOR DECLARATORY RELIEF, TEMPORARY RESTRAINING ORDER AGAINST CHIOINI, KLEMA.COURT ALSO ORDERED PARTIES TO ENGAGE IN MEDIATION DURING THIS 21-DAY PERIOD IN AN EFFORT TO RESOLVE UNDERLYING MATTER.ROCKWELL MEDICAL - COURT ALSO REQUESTED BOARD TO REFRAIN FROM MAKING ANY MATERIAL DECISIONS REGARDING MATTER WITHOUT FIRST ADDRESSING TO COURT.COURT ENTERED AN ORDER THAT FOR 21 DAYS CHIOINI AND KLEMA CANNOT ENTER COMPANY'S FACILITIES, CONTACT COMPANY'S EMPLOYEES.ROCKWELL MEDICAL - COURT ORDER ALSO DETAILED OTHER RESTRAINS, SUCH AS CHIOINI & KLEMA CANNOT HOLD OUT TO PUBLIC AS CO'S OFFICERS, & OTHERS.  Full Article

Rockwell Medical Says Independent Directors Determined CEO Termination Not Effective
Wednesday, 23 May 2018 

May 23 (Reuters) - Rockwell Medical Inc ::ROCKWELL MEDICAL SAYS DETERMINATION OF NON-CONFLICTED INDEPENDENT DIRECTORS WAS THAT CEO TERMINATION WAS NOT EFFECTIVE - SEC FILING.ROCKWELL MEDICAL - CEO CONTINUES TO SERVE AS CEO CONSISTENT WITH TERMS OF HIS EMPLOYMENT AGREEMENT.ROCKWELL MEDICAL - CEO THROUGH COUNSEL NOTIFIED SEC OF ACTION TAKEN BY DIRECTORS WHOSE CONDUCT IS DISCUSSED IN DEMAND LETTER.ROCKWELL MEDICAL INC - INTERNAL INVESTIGATION IS PROCEEDING UNDER TWO NON-CONFLICTED INDEPENDENT DIRECTORS PATRICK BAGLEY AND RONALD BOYD..ROCKWELL MEDICAL - INDEPENDENT DIRECTORS HIRED INDEPENDENT COUNSEL TO CONDUCT INTERNAL INVESTIGATION IN RESPONSE TO SHAREHOLDER DEMAND LETTER.  Full Article