Current Report Filing (8-k)
March 24 2017 - 4:07PM
Edgar (US Regulatory)
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): March 21, 2017
REGENXBIO INC.
(Exact
Name of Registrant as Specified in its Charter)
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Delaware
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001-37553
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47-1851754
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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9600 Blackwell Road, Suite 210
Rockville, Maryland
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20850
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(Address of principal executive offices)
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(Zip Code)
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(240)
552-8181
(Registrants telephone number, including area code)
N/A
(Former name or
former address, if changed since last report)
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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On March 21, 2017, REGENXBIO Inc. (the Company) entered
into an underwriting agreement (the Underwriting Agreement) with Morgan Stanley & Co. LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the several underwriters named therein
(collectively, the Underwriters), relating to the offer and sale of 3,700,000 shares of the Companys common stock, $0.0001 par value per share, at a price to the public of $20.50 per share. The Company also granted the Underwriters
a
30-day
option to purchase up to an additional 555,000 shares of the Companys common stock. The net proceeds to the Company from the offering are expected to be approximately $70.8 million, after
deducting underwriting discounts and commissions and estimated offering expenses, or $81.5 million if the Underwriters exercise in full their option to purchase the additional shares of the Companys common stock. The offering is expected
to close on March 27, 2017, subject to the satisfaction of customary closing conditions.
The offering is being made pursuant to the
Companys effective shelf registration statement on Form
S-3
(File
No. 333-215146),
which was previously filed with the U.S. Securities and Exchange
Commission.
The Underwriting Agreement contains customary representations, warranties and agreements by the Company, customary conditions
to closing, indemnification obligations of the Company and the Underwriters, including for liabilities under the Securities Act of 1933, as amended, and termination provisions. The representations, warranties and covenants contained in the
Underwriting Agreement were made only for purposes of such agreement and as of specific dates, were solely for the benefit of the parties to such agreement, and may be subject to limitations agreed upon by the contracting parties. The Underwriting
Agreement is not intended to provide any other factual information about the Company.
Certain of the Underwriters and their affiliates
have provided, and may in the future provide, various investment banking, commercial banking and other financial services for the Company and its affiliates for which they have received, and may in the future receive, customary fees.
The Underwriting Agreement is filed as Exhibit 1.1 hereto and is incorporated herein by reference. The foregoing description of the terms of
the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement. The legal opinion of Covington & Burling LLP relating to the shares being offered is filed herewith as Exhibit 5.1.
On March 21, 2017, the Company issued a press release announcing the pricing of the offering. A copy of the press release is attached as
Exhibit 99.1 to this report and is incorporated by reference herein.
Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits
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Exhibit
No.
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Description
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1.1
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Underwriting Agreement, dated March 21, 2017, among REGENXBIO Inc. and Morgan Stanley & Co. LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the Underwriters.
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5.1
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Opinion of Covington & Burling LLP.
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23.1
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Consent of Covington & Burling LLP (included as part of Exhibit 5.1)
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99.1
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Press Release dated March 21, 2017
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SIGNATURE
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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REGENXBIO INC.
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Date: March 24, 2017
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By:
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/s/ Patrick J. Christmas II
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Patrick J. Christmas II
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Senior Vice President, General Counsel
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EXHIBIT INDEX
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Exhibit
No.
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Description
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1.1
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Underwriting Agreement, dated March 21, 2017, among REGENXBIO Inc. and Morgan Stanley & Co. LLC and Merrill Lynch , Pierce, Fenner & Smith Incorporated, as representatives of the Underwriters.
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5.1
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Opinion of Covington & Burling LLP.
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23.1
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Consent of Covington & Burling LLP (included as part of Exhibit 5.1)
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99.1
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Press Release dated March 21, 2017
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