Current Report Filing (8-k)
April 11 2022 - 7:00AM
Edgar (US Regulatory)
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2022-04-11
2022-04-11
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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): April 11, 2022
MATINAS
BIOPHARMA HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Delaware
|
|
001-38022 |
|
46-3011414 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
ID Number) |
1545
Route 206 South, Suite 302
Bedminster,
New Jersey |
|
07921 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (908) 443-1860
Not
Applicable
(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):
☐ |
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 |
|
Name
of Each Exchange on Which Registered |
Common
Stock |
|
MTNB
|
|
NYSE
American |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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
7.01 |
Regulation
FD Disclosure. |
Matinas
BioPharma Holdings, Inc. (the “Company”) issued a press release announcing that it entered into an exclusive research collaboration
with BioNTech SE (“BioNTech”) to evaluate the combination of mRNA formats utilizing the Company’s proprietary LNC platform
technology. A copy of the press release is furnished as Exhibit 99. 1 hereto and incorporated herein by reference.
The
information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for 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,
nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such a filing.
On
April 11, 2022, the Company announced that it entered into an exclusive research collaboration with BioNTech to evaluate the combination
of mRNA formats utilizing the Company’s proprietary LNC platform technology. The parties expect to collaborate closely on formulation,
optimization, and in vitro testing. Under the terms of the agreement with BioNTech, the Company will receive an exclusivity fee
in the amount of $2.75 million, and BioNTech will fund certain of the Company’s research expenses related to the collaboration.
The parties have also commenced discussions on a potential license agreement for the Company’s LNC platform technology.
Forward-
Looking Statements
This
Current Report on Form 8-K contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating
to the collaboration with BioNTech, the Company’s strategic focus and the future development of its product candidates, including
MAT2203, MAT2501, the anticipated timing of regulatory submissions, the anticipated timing of clinical studies, the anticipated timing
of regulatory interactions, the Company’s ability to identify and pursue development and partnership opportunities for its products
or platform delivery technology on favorable terms, if at all, and the ability to obtain required regulatory approval and other statements
that are predictive in nature, that depend upon or refer to future events or conditions. All statements other than statements of historical
fact are statements that could be forward-looking statements.
Forward-looking
statements may be identified by the use of forward-looking expressions, including, but not limited to, “expects,” “anticipates,”
“intends,” “plans,” “could,” “believes,” “estimates” and similar expressions.
These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different
from any future results expressed or implied by the forward-looking statements. Forward-looking statements are subject to a number of
risks and uncertainties, including, but not limited to, the results of our collaboration with BioNTech, our ability to obtain additional
capital to meet our liquidity needs on acceptable terms, or at all, including the additional capital which will be necessary to complete
the clinical trials of our product candidates; the Company’s ability to successfully complete research and further development
and commercialization of its product candidates; the uncertainties inherent in clinical testing; the timing, cost and uncertainty of
obtaining regulatory approvals; the ability to protect the Company’s intellectual property; the loss of any executive officers
or key personnel or consultants; competition; changes in the regulatory landscape or the imposition of regulations that affect the Company’s
products; and the other factors listed under “Risk Factors” in our filings with the SEC, including Forms 10-K, 10-Q and 8-K.
Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except
as may be required by law, the Company does not undertake any obligation to release publicly any revisions to such forward-looking statements
to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The Company’s product
candidates are all in a development stage and are not available for sale or use.
Item
9.01 |
Financial
Statements and Exhibits. |
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.
|
MATINAS
BIOPHARMA HOLDINGS, INC. |
|
|
|
Dated:
April 11, 2022 |
By:
|
/s/
Jerome D. Jabbour |
|
Name: |
Jerome D. Jabbour |
|
Title: |
Chief Executive Officer |
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