Current Report Filing (8-k)
December 08 2020 - 04:05PM
Edgar (US Regulatory)
REPLIGEN CORP false 0000730272 0000730272
2020-12-07 2020-12-07
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): December 7,
2020
REPLIGEN
CORPORATION
(Exact name of registrant as specified in charter)
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Delaware |
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000-14656 |
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04-2729386 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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41 Seyon Street, Bldg. 1, Suite 100, Waltham, MA 02453
(Address of Principal Executive Offices) (Zip Code)
(781) 250-0111
(Registrant’s telephone number, including area code)
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):
☐ |
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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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Common Stock, par value $0.01 per
share |
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RGEN |
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The Nasdaq Global Select
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 1.01 |
Entry into a Material Definitive Agreement
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Underwriting Agreement
On December 7, 2020, Repligen Corporation (the “Company”)
entered into an underwriting agreement (the “Underwriting
Agreement”) with J.P. Morgan Securities LLC and Stifel,
Nicolaus & Company, Incorporated, as representatives of
the underwriters named therein (collectively, the “Underwriters”),
relating to an underwritten public offering (the “Offering”) of
1,500,000 shares of the Company’s common stock, $0.01 par value per
share (the “Common Stock”), at a price to the public of $181.00 per
share (the “Offering Price”). After deducting the underwriting
discounts and commissions and estimated offering expenses, the
Company expects to receive net proceeds from the Offering of
approximately $258.9 million. The Company has also granted the
Underwriters a 30-day
option to purchase up to an additional 225,000 shares of Common
Stock at the Offering Price, less underwriting discounts and
commissions.
The Offering was made pursuant to the Company’s effective automatic
shelf registration statement on Form S-3 (File No. 333-231098), including the
prospectus dated April 29, 2019, as supplemented by a
prospectus supplement dated December 7, 2020 and filed on
December 8, 2020. The Offering is expected to close on or
about December 10, 2020, subject to the satisfaction of
customary closing conditions.
A copy of the Underwriting Agreement is attached as Exhibit 1.1 to
this Current Report on Form 8-K and is incorporated herein by
reference. The foregoing description of the Underwriting Agreement
does not purport to be complete and is qualified in its entirety by
reference to such exhibit.
A copy of the legal opinion of Goodwin Procter LLP relating to the
legality of the issuance and sale of the shares in the Offering is
attached as Exhibit 5.1 to this Current Report on Form
8-K.
On December 7, 2020, the Company issued a press release
announcing the commencement of the Offering. On December 7,
2020, the Company issued a press release announcing the pricing of
the Offering. Copies of these press releases are attached to this
Current Report on Form 8-K
as Exhibits 99.1 and 99.2 and are incorporated herein by
reference.
Item 9.01 |
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 as of
December 7, 2020, among Repligen Corporation, J.P. Morgan
Securities LLC and Stifel, Nicolaus & Company,
Incorporated, as representatives of the underwriters named
therein. |
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5.1 |
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Opinion
of Goodwin Procter LLP. |
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23.1 |
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Consent
of Goodwin Procter LLP (included in Exhibit 5.1). |
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99.1 |
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Press
release issued by Repligen Corporation on December 7,
2020. |
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99.2 |
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Press
release issued by Repligen Corporation on December 7,
2020. |
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104 |
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Cover page from this Current Report
on Form 8-K, formatted in Inline
XBRL |
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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REPLIGEN CORPORATION |
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Dated: December 8, 2020 |
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By: |
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/s/ Tony J. Hunt
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Tony J. Hunt |
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President and Chief Executive
Officer |