UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities registered pursuant to Section 12(b) of the Act:
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| Item 2.02 | Results of Operation and Financial Condition. |
Avadel Pharmaceuticals plc (the “Company”) expects to report that its net product revenue received from sales of LUMRYZ in the United States equaled approximately $19 million and $28 million for the quarter and year ended December 31, 2023, respectively. Although the Company has not finalized its financial results for the twelve months ended December 31, 2023, the Company currently anticipates that its cash, cash equivalents and marketable securities were approximately $105 million as of December 31, 2023. This information is unaudited and does not present all information necessary for an understanding of the Company’s financial condition as of December 31, 2023 and its results of operations for the twelve months ended December 31, 2023. The audit of the Company’s financial statements for the year ended December 31, 2023, is ongoing and could result in changes to the information set forth above.
| Item 8.01 | Other Events |
On January 8, 2024, the Company issued a press release providing an update on the launch of LUMRYZ and other business highlights.
The full text of the press release regarding the announcement is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01. | Exhibits |
(d) Exhibits
| 99.1 | Press release issued by Avadel Pharmaceuticals plc on January 8, 2024. |
| 104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AVADEL PHARMACEUTICALS PLC | |||
| By: | /s/ Jerad G. Seurer | ||
| Date: January 8, 2024 | Name: | Jerad G. Seurer | |
| Title: | General Counsel & Corporate Secretary | ||