13 unchanged sentences
None of the underwriting discounts and commissions or offering expenses were paid directly or indirectly to any directors or officers of ours or their associates or to persons owning 10% or more of any class of equity securities or to any affiliates of ours.
−Removed: We have used approximately $55.3 million of the net proceeds from the IPO as of March 31, 2022.
+Added: We have used approximately $68.0 million of the net proceeds from the IPO as of June 30, 2022.
We have invested the unused net proceeds from the offering in money market accounts.
−Removed: There has been no material change in our planned use of the net proceeds from our IPO as described in our final prospectus filed pursuant to Rule 424(b)(4) under the Securities Act with the SEC on March 12, 2020.
−Removed: Retention Agreements
−Removed: On May 5, 2022, we entered into retention agreements with Rahul D.
−Removed: Ballal, Ph.D., our President and Chief Executive and Michael P.
−Removed: Gray, our Chief Financial Officer and Chief Operating Officer.
−Removed: The retention agreements are intended to incentive Dr.
−Removed: Ballal and Mr.
−Removed: Gray to remain employed by us as we undertake a comprehensive assessment of strategic options to maximize stockholder value.
−Removed: Pursuant to the retention agreements, Dr.
−Removed: Ballal and Mr.
−Removed: Gray are eligible to receive cash retention payments totaling up to $275,000 and $174,756, respectively, to be payable, if at all, if Dr.
−Removed: Ballal and Mr.
−Removed: Gray remain employed by us through specified milestones tied to a potential strategic transaction involving the company.
−Removed: In addition, if Dr.
−Removed: Ballal and Mr.
−Removed: Gray remain employed by us through the closing of such potential strategic transaction, the exercise period for outstanding stock options held by Dr.
−Removed: Ballal and Mr.
−Removed: Gray with an exercise price of less than $5.00 per share shall be extended until the date that is the earlier of (a) eighteen months following his respective cessation of employment from us and (b) the final exercise date for each such applicable stock option.
−Removed: Notwithstanding the foregoing provisions of the retention agreements, there can be no assurance that we will be able to successfully consummate any particular strategic transaction.
−Removed: Copies of the retention agreements for Dr.
−Removed: Ballal and Mr.
−Removed: Gray are attached as Exhibit 10.3 Exhibit 10.4, respectively, to this Quarterly Report on Form 10-Q and are incorporated herein by reference.
−Removed: The foregoing descriptions of the retention agreements do not purport to be complete and are qualified in their entirety by reference to such exhibits .
Separation Agreement and General Release, dated as of April 21, 2022, by and between the Registrant and Kenneth M.
+Added: (incorporated by reference as Exhibit 10.1 to the Company’s Q uarterly Report on Form 1 0-Q filed with the SEC on M ay 6 , 2022).
Amendment Number 3 to Exclusive License Agreement, dated as of April 29, 2022, by and between H.
−Removed: Lundbeck A/S and the Registrant .
+Added: Lundbeck A/S and the Registrant (incorporated by reference as Exhibit 10.2 to the Company’s Q uarterly Report on Form 1 0-Q filed with the SEC on M ay 6 , 2022).
Retention Agreement, dated as of May 5, 2022, by and between the Registrant and Rahul D.
Ballal, Ph.D.
−Removed: Retention Agreement , dated as of May 5, 2022, by and between the Registrant and Michael P.
+Added: (incorporated by reference as Exhibit 10.3 to the Company’s Q uarterly Report on Form 1 0-Q filed with the SEC on M ay 6 , 2022).
+Added: Amended and Restated Retention Agreement, dated as of May 18, 2022, by and between the Registrant and Michael P.
+Added: Second Amendment and Termination of Office Lease Agreement, effective July 25, 2022, by and between the R egistrant and Columbia REIT – 116 Huntington, LLC (incorporated by reference as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on July 29, 2022).
Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
10 unchanged sentences
Inline XBRL Taxonomy Extension Presentation Linkbase Document
−Removed: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, has been formatted in Inline XBRL
+Added: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022, has been formatted in Inline XBRL
Filed herewith.
2 unchanged sentences
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 thereunto duly authorized.
+Added: August 3, 2022
Ballal, Ph.D.
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Director (Principal Executive Officer)
+Added: August 3, 2022
/s/ Michael P.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.