8-K
filed April 1, 2025, 7:59 PM ET
ticker CLYM
CIK 0001768446
leadership
confidence high
sentiment neutral
materiality 0.40
Climb Bio announces board changes: two directors depart, two new directors elected
Climb Bio, Inc.
- Simon Tate resigned as director on March 27, 2025, also leaving audit and nominating committees; no disagreement.
- Adam Rosenberg will not seek re-election at 2025 annual meeting; no disagreement with company.
- Board expanded from 7 to 8; Alexander (Bo) Cumbo and Kimberlee Drapkin elected effective March 28, 2025.
- Cumbo to chair compensation committee; Drapkin to chair audit committee.
- Each new director received option to purchase 80,000 shares at $1.28/share, vesting over three years.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Simon Tate resigned as member of the board of directors at Climb Bio, Inc..
- Action
- resigned
- Role
- member of the board of directors
Exact text from the filing
Simon Tate notified Climb Bio, Inc. (the “Company”) of his decision to resign as a member of the Company’s board of directors
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alexander (Bo) Cumbo was elected as member of the board of directors at Climb Bio, Inc..
- Action
- elected
- Role
- member of the board of directors
Exact text from the filing
Mr. Cumbo was elected to serve with a term expiring at the Company’s 2026 annual meeting of stockholders and thereafter until his successor has been duly appointed and qualified or until his earlier death, resignation or removal.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kimberlee (Kim) Drapkin was elected as member of the board of directors at Climb Bio, Inc..
- Action
- elected
- Role
- member of the board of directors
Exact text from the filing
Ms. Drapkin was elected to serve with a term expiring at the Company’s 2027 annual meeting of stockholders and thereafter until her successor has been duly appointed and qualified or until her earlier death, resignation or removal.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Adam Rosenberg departed as member of the board of directors at Climb Bio, Inc..
- Action
- does not intend to seek re-election
- Role
- member of the board of directors
Exact text from the filing
Adam Rosenberg notified the Company that he does not intend to seek re-election as a member of the Board when his current term ends at the Company’s 2025 annual meeting of stockholders.
View on SEC.gov
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