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November 30, 2015 12:39 PM ET


Company Overview of Tissera Inc.

Company Overview

Tissera Inc. is a development stage company that develops, manufactures, and tests organ transplantation therapies. The company’s therapies are based on an approach employing organ-specific precursor tissues. It has a license to develop, manufacture, and sell products for solid organ transplantation from embryonic tissue. Tissera Inc. was founded in 2003 and is based in Herzlia, Israel.

Avner 2 Herzlia

Herzlia,  46662


Founded in 2003

2 Employees


972 9 956 1151


972 9 956 1152

Key Executives for Tissera Inc.

Chief Executive Officer and Chairman
Age: 78
Chief Financial Officer and Chief Accounting Officer
Age: 60
Scientific Consultant
Compensation as of Fiscal Year 2015.

Tissera Inc. Key Developments

SEC Revokes Registration Of Registered Securities Of Tissera

An Administrative Law Judge has issued an Initial Decision of Default as to Tissera, Inc. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against Tissera For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Tissera, Inc. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

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