Amended Statement of Ownership: Solicitation (sc 14d9/a)
03 Ottobre 2017 - 2:46PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
14D-9
(Rule
14d-101)
(Amendment No. 6)
SOLICITATION/RECOMMENDATION STATEMENT
UNDER SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934
Kite Pharma, Inc.
(Name
of Subject Company)
Kite Pharma, Inc.
(Name
of Person Filing Statement)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
(Title of Class of Securities)
49803L109
(CUSIP Number
of Class of Securities)
Arie Belldegrun, M.D.
President and Chief Executive Officer
Kite Pharma, Inc.
2225
Colorado Avenue
Santa Monica, California 90404
(310)
824-9999
(Name, address and telephone numbers of person authorized to receive notices and communications
on behalf of the persons filing statement)
With copies to:
Alison S. Ressler
Eric
M. Krautheimer
Sullivan & Cromwell LLP
1888 Century Park East
Los Angeles, California 90067
(310)
712-6600
☐
|
Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
|
This Amendment No. 6 (this
Amendment
) to Schedule
14D-9
amends and supplements the Schedule
14D-9
previously filed by Kite Pharma, Inc., a Delaware corporation (the
Company
) with the U.S. Securities and
Exchange Commission on September 5, 2017, amended on September 7, 2017, September 8, 2017, September 15, 2017, September 25, 2017 and September 26, 2017 (as amended, the
Solicitation/Recommendation
Statement
), with respect to the tender offer by Dodgers Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Gilead Sciences, Inc., a Delaware corporation, to purchase all outstanding shares of the Companys
common stock, par value $0.001 per share. The information set forth in the Solicitation/Recommendation Statement remains unchanged and is incorporated herein by reference, except that such information is hereby amended or supplemented to the extent
specifically provided herein.
ITEM 8.
|
ADDITIONAL INFORMATION.
|
Item 8 of the Solicitation/Recommendation Statement is hereby
amended and supplemented by adding the following new subsection before the final subsection entitled Cautionary Note Regarding Forward-Looking Statements at the end of such Item 8:
Final Results of the Offer
At
12:00 midnight, Eastern time, on Tuesday, October 3, 2017 (one minute after 11:59 p.m., Eastern time, on October 2, 2017), the Offer expired. Purchaser was advised by Computershare Trust Company, N.A., in its capacity as depositary for the
Offer (the
Depositary
), that, as of the expiration of the Offer, a total of 36,321,615 Shares (excluding Shares with respect to which Notices of Guaranteed Delivery were delivered) were validly tendered and not properly withdrawn
pursuant to the Offer, representing approximately 62.74% of the Shares outstanding as of the expiration of the Offer. In addition, the Depositary advised that Notices of Guaranteed Delivery have been delivered with respect to 2,003,002 additional
Shares, representing approximately 3.46% of the outstanding Shares as of the expiration of the Offer.
As of the expiration of the Offer,
the number of Shares validly tendered and not properly withdrawn pursuant to the Offer satisfied the Minimum Tender Condition, as defined in the Offer to Purchase, and all other conditions to the Offer were satisfied or waived. Immediately after the
expiration of the Offer, Purchaser irrevocably accepted for payment, and expects to promptly (and in any event within three business days) pay for, all Shares tendered and not properly withdrawn pursuant to Offer.
Gilead and Purchaser expect to complete the acquisition of the Company on October 3, 2017 by consummating the Merger pursuant to the
Merger Agreement without a meeting of the Company shareholders in accordance with Section 251(h) of the DGCL. At the effective time of the Merger, each Share (other than Excluded Shares) then outstanding will be canceled and converted into the
right to receive $180.00, in cash, without interest.
Following consummation of the Merger, the Shares will be delisted and will cease to
trade on the NASDAQ Global Select Market. Gilead and Purchaser intend to take steps to cause the termination of the registration of the Shares under the Exchange Act and suspend all of the Companys reporting obligations under the Exchange Act
as promptly as practicable.
On October 3, 2017, Gilead issued a press release announcing the expiration and results of the Offer.
The full text of the press release is attached as Exhibit (a)(5)(P) hereto, and is incorporated herein by reference.
Item 9 of the Solicitation/Recommendation Statement is hereby amended and
supplemented by adding the following exhibit:
|
|
|
Exhibit
|
|
Description of Document
|
|
|
(a)(5)(P)
|
|
Press Release issued by Gilead Sciences, Inc., dated October 3, 2017, announcing the expiration and results of the Offer (incorporated by reference to Exhibit (a)(5)(P) to the Schedule TO).
|
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Schedule
14D-9
is true, complete and correct.
|
|
|
|
|
|
|
|
|
KITE PHARMA, INC.
|
|
|
|
|
|
By:
|
|
/s/ Arie Belldegrun
|
Dated: October 3, 2017
|
|
|
|
Name:
|
|
Arie Belldegrun, M.D.
|
|
|
|
|
Title:
|
|
President and Chief Executive Officer
|
Grafico Azioni KITE PHARMA, INC. (NASDAQ:KITE)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni KITE PHARMA, INC. (NASDAQ:KITE)
Storico
Da Gen 2024 a Gen 2025