0001104659-14-004577.txt : 20140128 0001104659-14-004577.hdr.sgml : 20140128 20140128163911 ACCESSION NUMBER: 0001104659-14-004577 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140128 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140128 DATE AS OF CHANGE: 20140128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACCELERON PHARMA INC CENTRAL INDEX KEY: 0001280600 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36065 FILM NUMBER: 14553462 BUSINESS ADDRESS: STREET 1: 128 SYDNEY STREET CITY: CAMBRIDGE STATE: MA ZIP: 02139 BUSINESS PHONE: 617-649-9200 MAIL ADDRESS: STREET 1: 128 SYDNEY STREET CITY: CAMBRIDGE STATE: MA ZIP: 02139 8-K 1 a14-4551_18k.htm 8-K

 

 

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): January 28, 2014

 


 

ACCELERON PHARMA INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

(State or other

jurisdiction of incorporation)

 

001-36065

(Commission File Number)

 

27-0072226

(I.R.S. Employer

Identification Number)

 

128 Sidney Street

Cambridge, MA

(Address of principal

executive offices)

 

02139

(Zip Code)

 

 

Registrant’s telephone number, including area code: (617) 649-9200

 

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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 2.02             Results of Operations and Financial Condition.

 

On January 28, 2014, Acceleron Pharma Inc. issued a press release.  The press release is furnished as Exhibit 99.1 hereto.

 

The information contained in these Items, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, regardless of any general incorporation language in any such filing.

 

Item 7.01             Regulation FD Disclosure.

 

The information set forth under Item 2.02 is incorporated herein by reference.

 

Item 9.01             Financial Statements and Exhibits.

 

(d)                                 Exhibits.

 

99.1                        Press Release of Acceleron Pharma Inc. dated January 28, 2014.

 

2



 

SIGNATURE

 

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 thereunto duly authorized.

 

 

 

ACCELERON PHARMA INC.

 

 

 

 

By:

/s/ Kevin F. McLaughlin

 

 

Kevin F. McLaughlin

 

 

Chief Financial Officer

 

 

 

 

 

 

Date: January 28, 2014

 

 

 

3



 

EXHIBIT INDEX

 

Exhibits.

 

99.1                        Press Release of Acceleron Pharma Inc. dated January 28, 2014.

 

4


EX-99.1 2 a14-4551_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

Acceleron Announces Closing of Public Offering and Full Exercise of

Underwriters’ Option to Purchase Additional Shares

 

Cambridge, Mass. — January 28, 2014 - Acceleron Pharma Inc. (NASDAQ: XLRN), a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of novel protein therapeutics for cancer and rare diseases, today announced the closing of its underwritten public offering of 2,760,000 shares of common stock, including 360,000 shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares, at a public offering price of $50.00 per share.  The aggregate net proceeds to the Company, after underwriting discounts and commissions and other estimated offering expenses, were approximately $129 million.  The addition of the net proceeds of this financing, including net proceeds from the exercise of the underwriters’ option, to the 2013 year-end cash balance of approximately $113 million is expected to provide the Company funding into the second half of 2017.

 

Citigroup and Leerink Partners LLC acted as joint book-running managers for the offering.  Piper Jaffray & Co. acted as lead manager and JMP Securities acted as co-manager for the offering.

 

A registration statement relating to these securities was declared effective on January 22, 2014.  Copies of the final prospectus relating to the offering may be obtained from Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, or by email at batprospectusdept@citi.com, or by phone at 800-831-9146; or Leerink Partners LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA, 02110, or by email at Syndicate@Leerink.com, or by phone at 800-808-7525.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

 

About Acceleron

 

Acceleron is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of novel protein therapeutics for cancer and rare diseases.  The company is a leader in understanding the biology of the Transforming Growth Factor-Beta (TGF-b) protein superfamily, a large and diverse group of molecules that are key regulators in the growth and repair of tissues throughout the human body, and in targeting these pathways to develop important new medicines. Acceleron has built a highly productive R&D platform that has generated innovative clinical and preclinical protein therapeutic candidates with novel mechanisms of action.  These protein therapeutic candidates have the potential to significantly improve clinical outcomes for patients with cancer and rare diseases.

 

Cautionary Note on Forward-Looking Statements

 

This press release includes forward-looking statements, including statements relating to the sufficiency of the Company’s cash resources to fund operations into the second half of 2017. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Applicable risks and uncertainties include those identified under the heading “Risk Factors” included in the

 



 

prospectus related to the offering, and in other filings that the Company may make with the SEC in the future. The forward-looking statements contained in this press release reflect the Company’s current views with respect to future events, and the Company does not undertake and specifically disclaims any obligation to update any forward-looking statements.

 

Source: Acceleron Pharma

 

CONTACT:

 

Acceleron Pharma:
Kevin F. McLaughlin
Senior Vice President and Chief Financial Officer
617-649-9204

 

Maureen L. Suda (Media)
Suda Communications LLC
585-387-9248

 

###

 


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