- ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 10, 1998 PACIFIC PHARMACEUTICALS, INC. ------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware ------------------------------------------------------- (State or other jurisdiction of incorporation) 1-9613 36-3258753 - ------------------------ ------------------------------------- (Commission File Number) (IRS Employer Identification Number) 6730 Mesa Ridge Rd. Suite A San Diego, California 92121 ------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (619) 550-3900 -------------- Item 5. Other Events. On September 10, 1998, Pacific Pharmaceuticals, Inc. (the "Company") received notice from the American Stock Exchange ("AMEX") that the Executive Committee of the Exchange's Board of Governors has denied the Company's appeal of the determination by the Exchange to remove the Company's Common Stock from the AMEX because the Company no longer satisfies all of the financial guidelines of the AMEX for continued listing. The last day of trading of the Company's Common Stock on AMEX will be September 18, 1998. The Company anticipates that trading will commence September 21, 1998 on the Over the Counter Bulletin Board under the ticker symbol PPHA. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) EXHIBITS. The following exhibit accompanies this Report: Exhibit Number Exhibit Description ------- ------------------- 99.62 News release dated September 11, 1998 announcing that the Company has received notice from the AMEX that the Executive Committee of the Exchange's Board of Governors has denied the Company's appeal of the determination by the Exchange to remove the Company's Common Stock from the AMEX. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PACIFIC PHARMACEUTICALS, INC. By: /s/ James Hertzog ------------------------- James Hertzog Date: September 15, 1998 Controller-Principal Accounting Officer 3 Index to Exhibits ----------------- Exhibit Sequentially Number Description of Exhibit Numbered Page ------- ---------------------- ------------- 99.62 News release dated September 11, 1998 announcing that the Company has received notice from the AMEX that the Executive Committee of the Exchange's Board of Governors has denied the Company's appeal of the determination by the Exchange to remove the Company's Common Stock from the AMEX. 4