Current Report Filing (8-k)
April 18 2022 - 8:08AM
Edgar (US Regulatory)
0001372299
false
0001372299
2022-04-15
2022-04-15
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xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 15, 2022
OCUGEN, INC.
(Exact Name of Registrant as Specified in
its Charter)
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001-36751 |
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04-3522315 |
(State or Other Jurisdiction of
Incorporation) |
|
(Commission
File Number) |
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(I.R.S. Employer
Identification Number) |
263 Great Valley Parkway
Malvern, Pennsylvania 19355
(484) 328-4701
(Addresses, including zip code, and telephone
numbers, including area code, of principal executive offices)
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):
¨ | 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) |
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Name of each exchange on which registered |
Common Stock, $0.01 par value per share |
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OCGN |
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The Nasdaq Stock Market LLC
(The 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
1.01 Entry into a Material Definitive Agreement.
As previously disclosed,
Ocugen, Inc. (the “Company”), is party to a Co-Development, Supply and Commercialization Agreement, as amended
(the “Agreement”) with Bharat Biotech International Limited (“Bharat”), pursuant to which the Company
obtained an exclusive right and license under certain of Bharat’s intellectual property rights, with the right to grant sublicenses,
to develop, manufacture and commercialize COVAXIN™, an advanced-stage whole-virion inactivated vaccine candidate/product for the
prevention of COVID-19 in the United States of America and Canada (the “Ocugen Territory”).
On April 15, 2022,
the Company and Bharat entered into that certain Second Amendment to the Co-Development, Supply and Commercialization Agreement (the “Amendment”),
pursuant to which the parties agreed to expand the Ocugen Territory to include Mexico (the “Amended Ocugen Territory”).
Under the terms of the Agreement, as amended by the Amendment, the parties will share any profits
generated from the commercialization of COVAXIN™ in the Amended Ocugen Territory, with
the Company retaining 45% of such profits and Bharat receiving the balance of such profits.
The foregoing summary
of the material terms of the Amendment is qualified in its entirety by the terms of the Amendment, a copy which will be filed as an exhibit
in a subsequent periodic report to be filed under the Securities Exchange Act of 1934, as amended.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Date: April 18, 2022
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OCUGEN, INC. |
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By: |
/s/ Shankar Musunuri |
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Name: Shankar Musunuri |
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Title: Chief Executive Officer and Chairman |
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