Item 1.01
Entry Into a Material Definitive Agreement.
On September 15, 2017, uniQure N.V. (the Company) entered into a Sales Agreement (the Agreement) with Leerink Partners LLC (Leerink) with respect to an at the market offering program, under which the Company may, from time to time in its sole discretion, offer and sell to or through Leerink, acting as agent and/or principal, up to 5,000,000 ordinary shares, nominal value 0.05 per share (the Placement Shares). The issuance and sale, if any, of the Placement Shares by the Company under the Agreement is subject to the filing of a prospectus supplement to the Companys registration statement on Form S-3, originally filed with the Securities and Exchange Commission (the SEC) on March 15, 2017, as amended on May 15, 2017 and declared effective by the SEC on May 26, 2017.
After the filing of the prospectus supplement, Leerink may sell the Placement Shares by any method permitted by law deemed to be an at the market offering as defined in Rule 415 of the Securities Act of 1933, as amended (the Securities Act), including, without limitation,
sales made directly on or through The NASDAQ Global Select Market or any other trading market for the Companys ordinary shares in the United States, or sales to or through a market maker other than on an exchange. If authorized by the Company in writing, Leerink may also sell Placement Shares by any other method permitted by law, including negotiated transactions. Leerink will use commercially reasonable efforts to sell the Placement Shares from time to time, based upon instructions from the Company (including any price, time or size limits or other customary parameters or conditions the Company may impose). Leerink shall not purchase any Placement Shares on a principal basis pursuant to the Agreement, except as may otherwise be agreed in a separate written agreement.
The Company will pay Leerink a commission of 3.0% of the gross sales proceeds of any Placement Shares sold through Leerink, acting as agent, under the Agreement.
The Company is not obligated to make any sales of Placement Shares under the Agreement. The offering of Placement Shares pursuant to the Agreement will terminate upon the earlier of (i) the sale of all Placement Shares subject to the Agreement, or (ii) termination of the Agreement in accordance with its terms.
The Sales Agreement contains representations, warranties and covenants that are customary for transactions of this type. In addition, the Company has agreed to indemnify Leerink against certain liabilities, including liabilities under the Securities Act.
The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The legal opinion of
Rutgers Posch Visée Endedijk N.V. as to the legality of the Placement Shares is being filed as Exhibit 5.1 to this Current Report on Form 8-K.
This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein, nor shall there be any offer, solicitation, or sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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