8-K
filed November 18, 2024, 6:59 PM ET
ticker SYRE
CIK 0001636282
other material
confidence high
sentiment negative
materiality 0.85
Spyre Therapeutics restates net loss per share from 2023-2024; material weakness in controls
Spyre Therapeutics, Inc.
- Restating audited and unaudited financials from Dec 31, 2023 to Sep 30, 2024 due to misapplication of GAAP in EPS calculation for preferred stock.
- Common stock net loss per share changed for all affected periods; e.g., Q3 2024 revised from ($1.36) to ($1.06).
- Series A Preferred stock EPS restated (e.g., Q3 2024: ($42.22) vs. not previously reported).
- Material weakness in internal controls over financial reporting identified; remediation plan to be filed.
- No impact on cash position or other financial data; amendments to prior filings expected soon.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001636282-24-000105
- form_type
- 8-K
- ticker
- SYRE
- cik
- 0001636282
- company_name
- Spyre Therapeutics, Inc.
- filed_at
- 2024-11-18T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:09.058112+00:00
- generated_at
- 2026-05-29T23:04:02.340991+00:00
- sec_items
- ["4.02", "8.01"]
- event_type
- other_material
- sentiment
- negative
- materiality_score
- 0.85
- calibrated_materiality_score
- 0.85
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001636282-24-000105
- json_url
- https://secwatch.observer/filing/0001636282-24-000105.json
- markdown_url
- https://secwatch.observer/filing/0001636282-24-000105.md
- text_url
- https://secwatch.observer/filing/0001636282-24-000105.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1636282/000163628224000105/0001636282-24-000105-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1636282/000163628224000105/syre-20241118.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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