{"schema_version":"secwatch.filing_event.v1","accession":"0001831283-24-000004","form_type":"8-K","ticker":"LIANY","cik":"0001831283","company_name":"LianBio","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.814064+00:00","generated_at":"2026-06-06T03:38:53.215075+00:00","sec_items":["2.05","3.01","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"LianBio to wind down operations, delist from Nasdaq, pay $4.80 special dividend","bullets":["Board approves wind-down; workforce reduction of ~50% (over 50 employees) in Q1 2024.","Voluntary delisting from Nasdaq; last trading day expected March 18, 2024; OTC trading planned.","Special cash dividend of $4.80 per ordinary share/ADS (~$528M aggregate); record date Feb 27, payable ~March 11.","Estimated wind-down costs ~$17.2M, primarily severance; full dissolution expected first half 2027.","Company will pursue sale of remaining pipeline assets; any profits to be distributed to shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001831283-24-000004","json":"https://secwatch.observer/filing/0001831283-24-000004.json","markdown":"https://secwatch.observer/filing/0001831283-24-000004.md","text":"https://secwatch.observer/filing/0001831283-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831283/000183128324000004/0001831283-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831283/000183128324000004/lian-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:38:53.215075+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e06a2ea789afcebcbe82e5c99c3eb5c87de7ea8","claim":"LianBio announced a restructuring with charges of approximately $17.2 million in costs primarily related to employee severance and, in some cases, retention bonuses affecting over 50 full-time employees, or approximately 50% of the Company’s current employee base (reduction in force of over 50 full-time employees, or approximately 50% of the Company’s current employee base, in the f).","evidence_excerpt":"to meet its ongoing operational costs through funds retained after the special dividend. As a result of the wind down, the Company estimates that it will incur approximately $17.2 million in costs primarily related to employee severance and, in some cases, retention bonuses. The Company expects to record a significant portion of these charges in the first half of","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831283/000183128324000004/0001831283-24-000004-index.htm","confidence":0.95,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $17.2 million in costs primarily related to employee severance and, in some cases, retention bonuses"},{"label":"Affected area","value":"over 50 full-time employees, or approximately 50% of the Company’s current employee base"},{"label":"Headcount","value":"reduction in force of over 50 full-time employees, or approximately 50% of the Company’s current employee base, in the f"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}