Attached files
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EX-3.2 - EX-3.2 - AKCEA THERAPEUTICS, INC. | a17-18118_1ex3d2.htm |
EX-3.1 - EX-3.1 - AKCEA THERAPEUTICS, INC. | a17-18118_1ex3d1.htm |
UNITED STATES
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): July 19, 2017
Akcea Therapeutics, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
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001-38137 |
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47-2608175 |
(State or other jurisdiction of |
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(Commission File Number) |
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(IRS Employer Identification No.) |
55 Cambridge Parkway, Suite 100, Cambridge, |
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02142 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (617) 207-0202
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x
Item 3.02 Unregistered Sales of Equity Securities.
On July 19, 2017, Akcea Therapeutics, Inc. (the Company) issued 6,250,000 shares of its common stock to Novartis Pharma AG (Novartis) in a separate private placement concurrent (the Private Placement) with the completion of the Companys initial public offering (IPO). Novartis paid the Company $50.0 million in cash in connection with the Private Placement. The issuance of the common stock in the Private Placement was made in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the Securities Act).
On July 19, 2017, the Company issued 13,438,339 shares of its common stock to Ionis Pharmaceuticals, Inc. (Ionis) upon the automatic conversion (the Conversion), in connection with closing of the IPO, of $106.0 million of outstanding principal, together with accrued interest, pursuant to the Companys line of credit agreement with Ionis. The issuance of the common stock in the Conversion was made in reliance on Section 4(a)(2) of the Securities Act.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Amendment and Restatement of Certificate of Incorporation
On July 19, 2017, the Company filed an amended and restated certificate of incorporation (the Restated Certificate) with the Secretary of State of the State of Delaware immediately prior to the closing of the IPO. The Companys board of directors and stockholders previously approved the Restated Certificate effective as of immediately prior to the closing of the IPO.
The foregoing description of the Restated Certificate is qualified in its entirety by reference to the full text of the Restated Certificate, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Amendment and Restatement of Bylaws
Effective as of July 19, 2017, the Company adopted amended and restated bylaws (the Restated Bylaws) in connection with the closing of the IPO. The Companys board of directors and stockholders previously approved the Restated Bylaws effective as of immediately prior to the closing of the IPO.
The foregoing description of the Restated Bylaws is qualified in its entirety by reference to the full text of the Restated Bylaws, a copy of which are filed as Exhibit 3.2 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
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3.1 |
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Amended and Restated Certificate of Incorporation of Akcea Therapeutics, Inc. |
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3.2 |
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Amended and Restated Bylaws of Akcea Therapeutics, Inc. |
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.
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Akcea Therapeutics, Inc. | |
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Dated: July 19, 2017 |
By: |
/s/ Elizabeth L. Hougen |
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Elizabeth L. Hougen |
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Chief Financial Officer |