secwatch / observer
8-K filed December 9, 2025, 6:59 PM ET CIK 0001501756
M&A confidence high sentiment neutral materiality 1.00

Adverum Biotechnologies, Inc.: M&A transaction — Adverum Biotech acquired by Eli Lilly; tender offer closes, merger completed

Adverum Biotechnologies, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Adverum Biotechnologies, Inc.: Bylaws amended and restated in their entirety.

Change
bylaw amendment
Exact text from the filing
Pursuant to the terms of the Merger Agreement, at the Effective Time, the Company’s certificate of incorporation and bylaws were each amended and restated in their entirety.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Adverum Biotechnologies, Inc.: Certificate of incorporation amended and restated in its entirety.

Change
charter amendment
Exact text from the filing
Pursuant to the terms of the Merger Agreement, at the Effective Time, the Company’s certificate of incorporation and bylaws were each amended and restated in their entirety.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Adverum Biotechnologies, Inc. underwent a change of control involving Eli Lilly and Company for $3.56 per Share in cash plus contingent value rights (closed 2025-12-09).

Action
change of control
Counterparty
Eli Lilly and Company
Consideration
$3.56 per Share in cash plus contingent value rights
Closing
2025-12-09
Exact text from the filing
to purchase all of the issued and outstanding shares (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Company Common Stock”) in exchange for (i) $3.56 per Share, net to the stockholder in cash, without interest (the “Closing Amount”) and less any applicable tax withholding, plus (ii) one non-tradable contingent value right
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-25-312722
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