secwatch / observer
8-K filed October 30, 2023, 7:59 PM ET ticker MGTX CIK 0001735438
other material confidence high sentiment positive materiality 0.75

MeiraGTx announces $30M Sanofi investment at $7.50/share; exploring additional strategic transactions

MeiraGTx Holdings plc

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MeiraGTx Holdings plc entered into Investment Agreement with Sanofi Foreign Participations B.V. valued at 4,000,000 ordinary shares at $7.50 per share for gross proceeds of $30.0 million (effective 2023-10-30).

Action
entry
Agreement
equity purchase
Counterparty
Sanofi Foreign Participations B.V.
Value
4,000,000 ordinary shares at $7.50 per share for gross proceeds of $30.0 million
Effective
2023-10-30
Exact text from the filing
On October 30, 2023 (the “Closing Date”), MeiraGTx Holdings plc (the “Company”) entered into an Investment Agreement (the “Investment Agreement”) with Sanofi Foreign Participations B.V. (the “Investor”), a wholly-owned subsidiary of Sanofi, and solely for the limited purposes set forth therein, Sanofi (the “Parent”), pursuant to which, among other things and subject to the terms and conditions specified therein, the Company issued an aggregate of 4,000,000 ordinary shares, nominal value $0.00003881 (the “Shares”), at a purchase price of $7.50 per share (the “Private Placement”) for gross proceeds of $30.0 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MeiraGTx Holdings plc entered into Registration Rights Agreement with Sanofi Foreign Participations B.V. valued at Company obligated to file registration statement to register Shares for resale on or prior to April (effective 2023-10-30).

Action
entry
Agreement
equity purchase
Counterparty
Sanofi Foreign Participations B.V.
Value
Company obligated to file registration statement to register Shares for resale on or prior to April
Effective
2023-10-30
Exact text from the filing
In connection with the Private Placement, the Company also entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Investor.
View on SEC.gov

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MeiraGTx Holdings plc filing history →

Source: SEC EDGAR
accession 0001558370-23-016977
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