UNITED STATES
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CURRENT REPORT
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Item 7.01 | Regulation FD Disclosure. |
Reneo Pharmaceuticals, Inc. (the “Company”) is aware of recent developments involving Silicon Valley Bank (“SVB”). The Company maintains operating accounts at SVB with a minimal cash balance compared to the Company’s total cash, cash equivalents and investments, and therefore believes its exposure to loss as a result of SVB’s receivership is immaterial.
The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Forward-Looking Statements
The Company cautions you that statements included in this report that are not a description of historical facts are forward-looking statements. These forward-looking statements include statements regarding any exposure to loss. The inclusion of forward-looking statements should not be regarded as a representation by the Company that any of these results will be achieved. Actual results may differ from those set forth in this report due to the risks and uncertainties associated with exposures to loss, as well as risks and uncertainties inherent in the Company’s business, including those described in the Company’s other filings with the Securities Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to revise or update this report to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.
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.
Reneo Pharmaceuticals, Inc. | ||||||
Date: March 10, 2023 | By: | /s/ Gregory J. Flesher | ||||
Gregory J. Flesher Chief Executive Officer |