Form 8-K - Current report
10 Gennaio 2024 - 10:25PM
Edgar (US Regulatory)
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2024-01-10
2024-01-10
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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):
January 10, 2024
NEKTAR THERAPEUTICS
(Exact Name of Registrant as Specified in Charter)
Delaware |
|
0-24006 |
|
94-3134940 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
455 Mission Bay Boulevard South
San Francisco, California 94158
(Address of Principal Executive Offices and
Zip Code)
Registrant’s telephone number, including
area code: (415) 482-5300
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:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the
Act:
Title of each class |
|
Trading symbol(s) |
|
Name of each exchange on which registered |
Common Stock, $0.0001 par value |
|
NKTR |
|
Nasdaq Capital Market |
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 ☐
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. ☐
Item
2.02 Results of Operations and Financial Condition.
Please see the disclosure relating to the estimated
cash and investments in marketable securities of Nektar Therapeutics, a Delaware corporation (the “Company”), set forth under
Item 7.01 “Regulation FD Disclosure” of this Current Report on Form 8-K, which is incorporated by reference into this Item
2.02.
Item
7.01 Regulation FD Disclosure
On January 3, 2024, the Company announced that management
will make a presentation at the upcoming 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024, at 5:15
p.m. Pacific Time. The presentation and Q&A session will be accessible via a Webcast through a link posted on the Investor Events
Calendar section of the Company’s website: https://ir.nektar.com/events-and-presentations/events. This Webcast will be available
for replay until February 9, 2024.
In addition, management
intends to announce that, based upon the Company’s preliminary estimates, as of December 31, 2023, the Company had cash and
cash equivalents of $329 million, which should provide a cash runway into at least the middle of 2026. This financial information
has been prepared by and is the responsibility of the Company’s management and has not been audited by the Company’s
independent registered public accounting firm. Accordingly, the Company’s independent registered public accounting firm does
not express an opinion on or provide any other form of assurance with respect to this preliminary data. This financial information
is subject to the completion of the Company’s year-end financial closing procedures, the preparation of the Company’s
consolidated financial statements, and the completion of the audit of the Company’s consolidated financial statements as of
and for the year ended December 31, 2023, and the Company’s actual results may differ from these estimates.
This Current Report on Form 8-K contains certain
forward-looking statements, which are prospective in nature, including statements regarding the sufficiency of the Company’s working
capital to provide a cash runway into at least the middle of 2026. In addition, the Company expects the presentation and Q&A session
will include certain forward-looking statements regarding the Company’s sufficiency of its working capital, the Company’s
business and proprietary drug candidates, the therapeutic potential of the Company’s drug candidates, the timing of the start and
conclusion of planned or ongoing clinical trials, the future availability of clinical trial data, and the prospects and plans for the
Company’s collaborations with other companies. Actual results could differ materially from all of these forward-looking statements,
which are subject to important risks and uncertainties set forth in the Company’s Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on November 8, 2023. The Company undertakes no obligation to update any forward-looking statements, whether as
a result of new information, future events or otherwise.
The information included
in this Current Report on Form 8-K is being furnished to the U.S. Securities and Exchange Commission and shall not be deemed “filed”
for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing made by the Company under
the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
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.
|
NEKTAR THERAPEUTICS |
|
|
|
Date: January 10, 2024 |
By: |
/s/ Mark A. Wilson |
|
|
Mark A. Wilson |
|
|
Chief Legal Officer and Secretary |
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