Form 8-K - Current report
January 30 2024 - 4:23PM
Edgar (US Regulatory)
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0001642159
2024-01-30
2024-01-30
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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): January 30, 2024
SIGYN
THERAPEUTICS, INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware |
|
000-55575 |
|
47-2573116 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
2468
Historic Decatur Road |
|
|
Suite
140 |
|
|
San
Diego, California |
|
92106 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: 619.368.2000
Prior
address and phone number:
2468
Historic Decatur Road, Suite 140 |
|
|
San
Diego, CA |
|
92106 |
(Address
of principal executive offices) |
|
(Zip
Code) |
619.353.0800
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:
☐ |
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 |
None |
|
None |
|
None |
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
3.03 Material Modification of Rights to Security Holders
To
the extent required by Item. 3.03 of Form 8-K, the information contained in item 5.03 of this report is incorporated herein by reference.
Item
5.03 Amendment to Article of Incorporation or Bylaws; Change in Fiscal Year
On
January 23, 2024, the Company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the
“Certificate of Amendment”) effecting a reverse stock split as of 12:01 a.m. Eastern Standard Time on January 31, 2024
with a ratio of 1-for-40 (the “Reverse Split”). The Company’s common stock will begin trading on a post-split
basis under the Company’s existing trading symbol, “SIGY,” when the market opens on January 31, 2024.
As
a result of the Reverse Split, every 40 shares of the Company’s issued and outstanding common stock automatically converted into
one share of common stock, without any change in the par value per share. A total of approximately 1,221,043 shares of common stock will
be issued and outstanding immediately after the Reverse Split becomes effective on January 31, 2024. No fractional shares will be outstanding
following the Reverse Split. Any holder who would have received a fractional share of common stock will automatically be entitled to
receive an additional fraction of a share of common stock to round up to the next whole share.
In
addition, effective as of the same time as the Reverse Split, proportionate adjustments were made to all then-outstanding equity awards
and warrants with respect to the number of shares of common stock subject to such award or warrant and the exercise price thereof. Furthermore,
the number of shares of common stock available for issuance under the Company’s equity incentive plans will be proportionately
adjusted for the Reverse Split ratio, such that fewer shares will be subject to such plans.
The
new CUSIP number for common stock following the Reverse Split is 82674U 205.
The
text of the Certificate of Amendment is filed as Exhibit 3.1 and incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
No. |
|
Description |
3.1 |
|
Certificate of Amendment |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
SIGYN
THERAPEUTICS, INC. |
|
|
|
Date:
January 30, 2024 |
By: |
/s/
James A. Joyce |
|
|
James
A. Joyce, Chairman and CEO |
Exhibit 3.1
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