<SEC-DOCUMENT>0001140361-24-039821.txt : 20240830
<SEC-HEADER>0001140361-24-039821.hdr.sgml : 20240830
<ACCEPTANCE-DATETIME>20240830210208
ACCESSION NUMBER:		0001140361-24-039821
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240829
FILED AS OF DATE:		20240830
DATE AS OF CHANGE:		20240830

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Grossman Jerrold B
		CENTRAL INDEX KEY:			0001542519
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36728
		FILM NUMBER:		241271649

	MAIL ADDRESS:	
		STREET 1:		65 COMMERCE WAY
		CITY:			HACKENSACK
		STATE:			NJ
		ZIP:			07601

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADMA BIOLOGICS, INC.
		CENTRAL INDEX KEY:			0001368514
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		ORGANIZATION NAME:           	03 Life Sciences
		IRS NUMBER:				562590442
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		C/O ADMA BIOLOGICS, INC.
		STREET 2:		465 STATE ROUTE 17
		CITY:			RAMSEY
		STATE:			NJ
		ZIP:			07446
		BUSINESS PHONE:		(201) 478-5552

	MAIL ADDRESS:	
		STREET 1:		C/O ADMA BIOLOGICS, INC.
		STREET 2:		465 STATE ROUTE 17
		CITY:			RAMSEY
		STATE:			NJ
		ZIP:			07446

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	R&R ACQUISITION VI, INC
		DATE OF NAME CHANGE:	20060707
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $17.17 to $17.595. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.</footnote>
        <footnote id="F2">Includes, as of the transaction date, (i) 12,020 restricted stock units granted on February 26, 2024, which will vest in full on February 26, 2025, subject to the Reporting Person's continued service as of the applicable vesting date; and (ii) 455,285 shares of common stock owned by the reporting person.</footnote>
        <footnote id="F3">These shares are owned by Brookwood LLC (&quot;Brookwood&quot;). The reporting person is the managing member of Brookwood.</footnote>
        <footnote id="F4">These shares are owned by the Jerrold Grossman 2019 Irrevocable Trust, of which Dr. Grossman serves as investment trustee.</footnote>
        <footnote id="F5">These shares are owned by Genesis Foundation Inc. (&quot;Genesis&quot;). The reporting person is the President of Genesis.</footnote>
        <footnote id="F6">These shares are owned by the reporting person's wife.</footnote>
        <footnote id="F7">These options were granted on June 6, 2017 and vested in twenty-four equal monthly installments, becoming fully vested on June 6, 2019.</footnote>
        <footnote id="F8">These options were granted on January 28, 2016 and vested in twenty-four equal monthly installments, becoming fully vested on January 28, 2018.</footnote>
        <footnote id="F9">These options were granted on January 30, 2015 and vested in twenty-four equal monthly installments, becoming fully vested on January 30, 2017.</footnote>
        <footnote id="F10">The Reporting Person is exercising these options due, in part, to their near-term expiration date.</footnote>
    </footnotes>

    <remarks>Exhibit 24 - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Dr. Jerrold B. Grossman, by Adam S. Grossman as Attorney-in-fact</signatureName>
        <signatureDate>2024-08-30</signatureDate>
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<TYPE>EX-24
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<DESCRIPTION>EXHIBIT 24
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    <div style="text-align: right; font-weight: bold;">Exhibit 24</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">LIMITED POWER OF ATTORNEY</div>
    <div style="text-align: center; font-weight: bold;">FOR SECTION 16(a) REPORTING</div>
    <div>&#160; <br>
    </div>
    <div style="text-align: justify; text-indent: 36pt;">KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned hereby makes, constitutes and appoints Adam S. Grossman, President and Chief Executive
      Officer, and Michael A. Goldstein, Senior Director, General Counsel, of ADMA Biologics, Inc. (the &#8220;Company&#8221;), and each of them, as the undersigned&#8217;s true and lawful attorney-in-fact (the &#8220;Attorney-in Fact&#8221;), with full power of substitution and
      resubstitution, with the power to act alone for the undersigned and in the undersigned&#8217;s name, place and stead, in any and all capacities to:</div>
    <div>&#160;</div>
    <div>1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; prepare, execute and submit to the Securities and Exchange Commission (&#8220;SEC&#8221;), any national
        securities exchange and the Company any and all reports (including any amendment thereto) of the undersigned required or considered advisable under Section 16(a) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;), and the rules and
        regulations thereunder, with respect to the equity securities of the Company, including Form&#160;3 (Initial Statement of Beneficial Ownership of Securities), Form 4 (Statement of Changes in Beneficial Ownership), and Form 5 (Annual Statement of Changes
        in Beneficial Ownership); and</div>
    <div>&#160;</div>
    <div>2.&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; seek or obtain, as the undersigned&#8217;s representative and on the undersigned&#8217;s behalf, information
        regarding transactions in the Company&#8217;s equity securities from any third party, including the Company and any brokers, dealers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such third party to release
        any such information to the Attorney-in-Fact.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">The undersigned acknowledges that:</div>
    <div>&#160;</div>
    <div>1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; this Limited Power of Attorney authorizes, but does not require, the Attorney-in-Fact to act at his
        discretion on information provided to such Attorney-in-Fact without independent verification of such information;</div>
    <div>&#160;</div>
    <div>2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; any documents prepared and/or executed by the Attorney-in-Fact on behalf of the undersigned pursuant
        to this Limited Power of Attorney will be in such form and will contain such information as the Attorney-in-Fact, in his discretion, deems necessary or desirable;</div>
    <div>&#160;</div>
    <div>3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; neither the Company nor the Attorney-in-Fact assumes any liability for the undersigned&#8217;s
        responsibility to comply with the requirements of Section 16 of the Exchange Act, any liability of the undersigned for any failure to comply with such requirements, or any liability of the undersigned for disgorgement of profits under Section 16(b)
        of the Exchange Act; and</div>
    <div>&#160;</div>
    <div>4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; this Limited Power of Attorney does not relieve the undersigned from responsibility for compliance
        with the undersigned&#8217;s obligations under Section 16 of the Exchange Act, including, without, limitation, the reporting requirements under Section 16(a) of the Exchange Act.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">The undersigned hereby grants to the Attorney-in-Fact full power and authority to do and perform each and every act and thing requisite, necessary or
      convenient to be done in connection with the foregoing, as fully, to all intents and purposes, as the undersigned might or could do in person, hereby ratifying and confirming all that the Attorney-in-Fact, or his substitute or substitutes, shall
      lawfully do or cause to be done by authority of this Limited Power of Attorney.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">This Limited Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms&#160;3, 4 or 5 with respect
      to the undersigned&#8217;s holdings of and transactions in equity securities of the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Attorney-in-Fact.</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;">This Limited Power of Attorney shall be governed by and construed in accordance the laws of the State of Delaware without regard to the laws that
      might otherwise govern under applicable principles of conflicts of laws thereof.</div>
    <div>&#160;</div>
    <div style="text-indent: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be executed as of March 28, 2024.</div>
    <div>&#160;</div>
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            <div>Signature:</div>
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            <div>/<u>s/ Dr. Jerrold B. Grossman</u></div>
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            <div>Print Name:</div>
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            <div>Dr. Jerrold B. Grossman</div>
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