UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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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) |
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Securities registered pursuant to Section 12(b) of the Act:
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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 1.02 | Termination of a Material Definitive Agreement. |
As previously disclosed, Atea Pharmaceuticals, Inc. (the “Company”) is party to a license agreement, dated October 20, 2020 (as amended, the “License Agreement”) with F. Hoffman-LaRoche Ltd. and Genentech, Inc. (collectively, “Roche”). On November 12, 2021, Roche sent the Company a termination notice under Section 19.2.3 of the License Agreement, pursuant to which the License Agreement will terminate on February 10, 2022. As further described in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, the License Agreement licensed to Roche the ex-U.S. rights to develop and commercialize certain of the Company’s compounds, including AT-527. There are no early termination penalties that will be incurred by the Company in connection with the termination.
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.
| ATEA PHARMACEUTICALS, INC. | ||||||
| Date: November 16, 2021 |
By: | /s/ Andrea Corcoran | ||||
| Andrea Corcoran | ||||||
| Chief Financial Officer and Executive Vice President, Legal and Secretary | ||||||
Document and Entity Information |
Nov. 12, 2021 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001593899 |
| Document Type | 8-K |
| Document Period End Date | Nov. 12, 2021 |
| Entity Registrant Name | Atea Pharmaceuticals, Inc. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-39661 |
| Entity Tax Identification Number | 46-0574869 |
| Entity Address, Address Line One | 125 Summer Street |
| Entity Address, City or Town | Boston |
| Entity Address, State or Province | MA |
| Entity Address, Postal Zip Code | 02110 |
| City Area Code | (857) |
| Local Phone Number | 284-8891 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, $0.001 par value per share |
| Trading Symbol | AVIR |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | true |
| Entity Ex Transition Period | false |