UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
| ________________________ | ||
FORM 8-K
| ________________________ | ||
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 21, 2021
| ________________________ | ||
(Exact Name of Registrant as Specified in Charter)
| ________________________ | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||||||||||||||||||||
Registrant’s telephone number, including area code: (617 ) 586-3100
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
| ________________________ | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.02 Termination of a Material Definitive Agreement.
Effective December 21, 2021, the Loan and Security Agreement, dated November 19, 2020 (as amended, the “Loan Agreement”) by and among Oxford Finance LLC, a Delaware limited liability company, in its capacity as a Lender (as defined in the Loan Agreement) and as collateral agent, and Foghorn Therapeutics Inc., a Delaware corporation (the “Company”), was terminated after the prepayment by the Company of all of the outstanding obligations in respect of principal, interest, fees and expenses thereunder. The total amount of the prepayment was approximately $21.3 million, and the prepayment was made using cash on hand.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
FOGHORN THERAPEUTICS INC. | |||||||||||
| Date: December 21, 2021 | By: | /s/ Allan Reine | |||||||||
Allen Reine, M.D. | |||||||||||
Chief Financial Officer | |||||||||||