0001193125-24-154293.txt : 20240604 0001193125-24-154293.hdr.sgml : 20240604 20240604162658 ACCESSION NUMBER: 0001193125-24-154293 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240604 FILED AS OF DATE: 20240604 DATE AS OF CHANGE: 20240604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Abivax S.A. CENTRAL INDEX KEY: 0001956827 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: I0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41842 FILM NUMBER: 241018500 BUSINESS ADDRESS: STREET 1: 7 BD HAUSSMANN CITY: PARIS STATE: I0 ZIP: 75009 BUSINESS PHONE: 01 53 83 09 63 MAIL ADDRESS: STREET 1: 7 BD HAUSSMANN CITY: PARIS STATE: I0 ZIP: 75009 6-K 1 d827827d6k.htm 6-K 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2024

Commission File Number: 001-41842

 

 

Abivax SA

(Translation of registrant’s name into English)

 

 

7-11 boulevard Haussmann

75009 Paris, France

+33 (0) 1 53 83 08 41

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 

 


On May 30, 2024, Abivax SA (the “Company”) held its ordinary and extraordinary general meeting of shareholders on May 30, 2024. The final results of each of the agenda items submitted to a vote of the shareholders are as follows:

 

Number of shares with voting rights

     61 012 501  

Total number of votes

     68 032 059  

Number of shareholders present, represented or voting by post

     132  

Number of shares present, represented or voting by post

     49 815 120  

Number of votes present, represented or voting by post

     55 747 104  

Participation rate

     81.65

 

Ordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

1.

   Approval of the Company’s financial statements for the financial year ended 31 December 2023      55 730 237        99.999     494        0.001     16 373        0.029

2.

   Approval of the Company’s consolidated financial statements for the financial year ended 31 December 2023      55 730 237        99.999     494        0.001     16 373        0.029

3.

   Allocation of the income for the financial year ended 31 December 2023      55 746 610        99.999     494        0.001     0        0.000

4.

   Approval of the agreements referred to Articles L. 225-38 et seq. of the French Commercial Code (Code de commerce)      44 083 418        79.078     11 663 486        20.922     200        0.001

5.

   Ratification of the cooptation of a Director (Troy Ignelzi)      55 707 725        99.930     39 179        0.070     200        0.001

6.

   Ratification of the cooptation of a Director (June (Lee) Kim)      55 707 725        99.930     39 179        0.070     200        0.001

7.

   Ratification of the cooptation of a Director (Camilla Soenderby)      55 746 324        99.999     580        0.001     200        0.001

8.

   Approval of the compensation items mentioned in Article L. 22-10-9 I of the French Commercial Code, pursuant to Article L. 22-10-34 of the French Commercial Code      54 504 460        97.771     1 242 444        2.229     200        0.001

9.

   Approval of the compensation items paid during, or allocated for, the financial year 2023 to Ms. Corinna zur Bonsen-Thomas as Chair of the Board of Directors by interim      55 594 011        99.726     152 893        0.274     200        0.001

10.

   Approval of the compensation items paid during, or allocated for, the financial year 2023 to Mr. Marc de Garidel as Chairman of the Board of Directors and Chief Executive Officer      44 137 875        79.175     11 609 029        20.825     200        0.001

11.

   Approval of the compensation items paid during, or allocated for, the financial year 2023 to Mr. Hartmut Ehrlich as Chief Executive Officer      44 056 505        79.030     11 690 399        20.970     200        0.001


Ordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

12.

   Approval of the information on corporate officers’ compensation included in the corporate governance report and referred to in Article L.22-10-9 I. of the French Commercial Code      54 655 224        98.042     1 091 680        1.958     200        0.001

13.

   Approval of the compensation policy applicable to the Chairman of the Board of Directors      55 744 775        99.996     2 129        0.004     200        0.001

14.

   Approval of the compensation policy applicable to the Chief Executive Officer      44 256 935        79.389     11 489 969        20.611     200        0.001

15.

   Approval of the compensation policy applicable to the Board members      55 594 011        99.726     152 893        0.274     200        0.001

16.

   Authorization to be granted to the Board to purchase the Company’s own shares      44 593 043        79.992     11 153 861        20.008     200        0.001

Extraordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

17.

   Authorization to the Board of Directors to reduce share capital by cancelling treasury shares      55 444 282        99.457     302 622        0.543     200        0.001

18.

   Delegation of authority to the Board of Directors to carry out a capital increase by issuing shares, equity securities giving access to other equity securities or giving the right to the allocation of debt securities and/or securities giving access to equity securities, maintaining preferential subscription rights      44 183 811        79.258     11 563 093        20.742     200        0.001

19.

   Delegation of authority to the Board of Directors to carry out a capital increase by issuing shares, equity securities giving access to other equity securities or giving the right to the allocation of debt securities and/or securities giving access to equity securities, with cancellation of the preferential subscription rights by way of an offer to the public, and with the ability to confer a right of priority      44 034 819        78991     11 712 085        21.009     200        0.001

20.

   Delegation of authority to the Board of Directors to carry out a capital increase by issuing shares, equity securities giving access to other equity securities or giving the right to the allocation of debt securities and/or securities giving access to equity securities, with cancellation of the preferential subscription rights in favor of a specific category of persons      44 035 900        78.993     11 711 004        21.007     200        0.001


Extraordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

21.

   Delegation of authority to the Board of Directors to carry out a capital increase, within the limit of 20% of the share capital per year, by issuing shares, equity securities conferring access to other equity securities or conferring the right to an allotment of debt securities and/or securities conferring access to equity securities, with cancellation of the preferential subscription rights by way of an offer to qualified investors or a restricted group of investors, within the meaning of Article L. 411-2, paragraph II, of the French Monetary and Financial Code (Code monétaire et financier)      44 629 521        80.057     11 117 383        19.943     200        0.001

22.

   Authorization to be granted to the Board of Directors in accordance with Articles L. 22-10-52, paragraph 2, and R. 22-10-32 of the French Commercial Code to set the issue price of the shares, equity securities conferring access to other equity securities or conferring the right to an allotment of debt securities and/or securities conferring access to equity securities, with cancellation of the preferential subscription rights, for the delegations of authority set forth in the 19th and 21st resolutions      44 223 534        79.329     11 523 370        20.671     200        0.001

23.

   Delegation of authority to the Board of Directors to carry out a capital increase by issuing shares, equity securities conferring access to other equity securities or conferring the right to an allotment of debt securities and/or securities conferring access to equity securities, with cancellation of the preferential subscription rights in favor of certain categories of investors within the framework of an equity financing agreement in the United States stock market known as an “At-The-Market” or “ATM Program”      44 074 499        79.062     11 672 405        20.938     200        0.001

24.

   Delegation of authority to the Board of Directors to increase the number of shares to be issued in the event of a capital increase with or without preferential subscription rights      44 309 207        79.483     11 437 697        20.517     200        0.001

25.

   Delegation of authority to the Board of Directors to increase capital by capitalizing premiums, reserves, profits or other items      55 626 350        99.784     120 554        0.216     200        0.001


Extraordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

26.

   Delegation of authority to the Board of Directors to issue shares and securities leading to a capital increase in consideration of non-cash contributions      44 073 640        79.060     11 673 264        20.940     200        0.001

27.

   Delegation of authority to the Board of Directors to issue shares and securities entailing a capital increase in the event of a public exchange offer initiated by the Company      44 035 041        78.991     11 711 863        21.009     200        0.001

28.

   Setting of the overall limits on the amount of the issues carried out pursuant to the delegations granted      55 550 917        99.648     195 987        0.352     200        0.001

29.

   Authorization to the Board of Directors to grant share subscription and/or purchase options (“Options”), with cancellation of the shareholders’ preferential subscription rights in favor of a specific category of persons      44 009 664        78.945     11 737 240        21.055     200        0.001

30.

   Delegation of authority to the Board of Directors to issue and allot ordinary share warrants (“Warrants”), with cancellation of the shareholders’ preferential subscription rights in favor of a specific category of persons      44 049 263        79.017     11 697 641        20.983     200        0.001

31.

   Authorization to the Board of Directors to allot free shares, whether existing or to be issued (“Free Shares”), with cancellation of the shareholders’ preferential subscription rights in favor of a specific category of persons      44 165 912        79.226     11 580 992        20.774     200        0.001

32.

   Setting of the overall limits on the amount of the issues carried out pursuant to the authorizations to grant Options and Free Shares and the delegations of authority in order to issue Warrants      55 704 647        99.924     42 257        0.076     200        0.001

33.

   Delegation of authority to the Board of Directors to carry out a capital increase by issuing shares or securities conferring access to the Company’s capital restricted to members of a company savings plan, with cancellation of the shareholders’ preferential subscription rights in favor thereof      32 655 576        58.578     23 091 328        41.422     200        0.001


Ordinary General Shareholders’ Meeting

   For     Against     Abstain  
   Votes      %     Votes      %     Votes      %  

34.

   Powers for formalities      55 746 410        99.999     494        0.001     200        0.001

Press Release

On June 4, 2024, the Company published a press release entitled “Abivax releases the results of its May 30, 2024 Ordinary and Extraordinary General Meeting.” A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference.

Exhibit Index

Exhibit 99.1    Press Release, dated June 4, 2024


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, thereunto duly authorized.

 

      Abivax SA
      (Registrant)
Date: June 4, 2024      

/s/ Marc de Garidel

      Marc de Garidel
      Chief Executive Officer
EX-99.1 2 d827827dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

Abivax releases the results of its May 30, 2024 Ordinary and Extraordinary General Meeting

PARIS, France, June 4, 2024 Abivax SA (Euronext Paris & Nasdaq: ABVX) (“Abivax” or the “Company”), a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases, held its ordinary and extraordinary general meeting of shareholders on May 30, 2024 (the “General Meeting”), which was chaired by Mr. Marc de Garidel, CEO and Chairman of the Board of Directors of Abivax (“Board”).

The shareholders have adopted all the resolutions proposed by the Board and, in particular, the financial statements for the 2023 financial year, the compensation policy applicable to the Chairman, the Chief Executive Officer and the directors, as well as delegations granted to the Board related to financial transactions.

The shareholders have also ratified the appointment of Mr. Troy Ignelzi, Dr. June Lee and Ms. Camilla Soenderby as Board members.

Details on the vote results will be available on the Company’s website (www.abivax.com).

About Obefazimod

Obefazimod, Abivax’s lead investigational drug candidate, is an orally administered small molecule that was demonstrated to potentially enhance the expression of a single microRNA, miR-124. Phase 2 clinical trials in patients with UC have generated positive data, resulting in the initiation of a pivotal global Phase 3 clinical trial program (ABTECT Program), with first patients enrolled in the United States in October 2022. Initiation of a Phase 2b clinical trial in Crohn’s disease is expected in Q3 2024, and exploration of potential combination therapy opportunities in UC is ongoing.

About Abivax

Abivax is a clinical-stage biotechnology company focused on developing therapeutics that harness the body’s natural regulatory mechanisms to stabilize the immune response in patients with chronic inflammatory diseases. Based in France and the United States, Abivax’s lead drug candidate, obefazimod (ABX464), is in Phase 3 clinical trials for the treatment of moderately to severely active ulcerative colitis. More information on the Company is available at www.abivax.com. Follow us on LinkedIn and on X, formerly Twitter, @Abivax.

Contact

Abivax Investor Relations

Patrick Malloy

patrick.malloy@abivax.com

+1 847 987 4878

Abivax Communications

communications@abivax.com

FORWARD-LOOKING STATEMENTS


LOGO

This press release contains forward-looking statements, forecasts and estimates, including those relating to the Company’s business and financial objectives. Words such as “expect,” “potential,” “will” and variations of such words and similar expressions are intended to identify forward-looking statements. Although Abivax’s management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks, contingencies and uncertainties, many of which are difficult to predict and generally beyond the control of Abivax, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. A description of these risks, contingencies and uncertainties can be found in the documents filed by the Company with the French Autorité des Marchés Financiers pursuant to its legal obligations including its universal registration document (Document d’Enregistrement Universel) and in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 5, 2024 under the caption “Risk Factors.” These risks, contingencies and uncertainties include, among other things, the uncertainties inherent in research and development, future clinical data and analysis, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug candidate, as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates. Special consideration should be given to the potential hurdles of clinical and pharmaceutical development including further assessment by the company and regulatory agencies and IRBs/ethics committees following the assessment of preclinical, pharmacokinetic, carcinogenicity, toxicity, CMC and clinical data. Furthermore, these forward-looking statements, forecasts and estimates are only as of the date of this press release. Readers are cautioned not to place undue reliance on these forward-looking statements. Abivax disclaims any obligation to update these forward-looking statements, forecasts or estimates to reflect any subsequent changes that the Company becomes aware of, except as required by law. Information about pharmaceutical products (including products currently in development) that is included in this press release is not intended to constitute an advertisement. This press release is for information purposes only, and the information contained herein does not constitute either an offer to sell, or the solicitation of an offer to purchase or subscribe securities of the Company in any jurisdiction. Similarly, it does not give and should not be treated as giving investment advice. It has no connection with the investment objectives, financial situation or specific needs of any recipient. It should not be regarded by recipients as a substitute for exercise of their own judgment. All opinions expressed herein are subject to change without notice. The distribution of this document may be restricted by law in certain jurisdictions. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions.

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