−Removed: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market for Registrant’s Common Equity, Related Stock holder Matters and Issuer Purchases of Equity Securities.
Market Information
−Removed: Our common stock began trading on the Nasdaq Global Select Market under the symbol “SANA” on February 4, 2021.
−Removed: Prior to that date, there was no public trading market for our common stock.
−Removed: As of March 10, 2023, there were approximately 53 holders of record of our common stock.
+Added: Our common stock trades on the Nasdaq Global Select Market under the symbol “SANA.”
+Added: As of February 22, 2024, there were approximately 45 holders of record of our common stock.
The actual number of stockholders is greater than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers and other nominees.
15 unchanged sentences
Recent Sales of Unregistered Securities
+Added: We did not sell any unregistered securities in the year ended December 31, 2023.
Use of Proceeds from our Initial Public Offering of Common Stock
−Removed: On February 8, 2021, we closed our initial public offering (IPO) and issued and sold 27,025,000 shares of our common stock, including 3,525,000 shares of common stock sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a public offering price of $25.00 per share, for aggregate net proceeds of $626.4 million.
−Removed: All of the shares issued and sold in the IPO were registered under the Securities Act pursuant to a Registration Statement on Form S-1 (File No.
−Removed: 333-252061), which was declared effective by the SEC on February 3, 2021, and a Registration Statement on Form S-1 MEF (File No.
−Removed: 333-252706) filed pursuant to Rule 462(b) of the Securities Act.
+Added: On February 3, 2021, our Registration Statement on Form S-1 (File No.
+Added: 333-252061) relating to our IPO was declared effective.
+Added: On February 8, 2021, we closed our IPO and issued 27.0 million shares of common stock, including 3.5 million shares of common stock sold pursuant to the underwriters’ full exercise of their option to purchase additional shares, at a public offering price of $25.00 per share, for aggregate net proceeds of $626.4 million.
Morgan Stanley & Co.
2 unchanged sentences
acted as joint bookrunning managers of the IPO and as representatives of the underwriters.
−Removed: No payment was made directly or indirectly to any of our directors or officers (or their associates) or persons owning 10.0% or more of any class of our equity securities or to any other affiliates.
−Removed: We are holding a significant portion of the balance of the net proceeds from the offering in money market funds and short-term investments.
−Removed: There has been no material change in the planned use of proceeds from the IPO from that described in the prospectus filed with the SEC pursuant to Rule 424(b)(4) under the Securities Act, which was declared effective on February 3, 2021.
−Removed: We invested the funds received in cash equivalents and other marketable securities in accordance with our investment policy.
+Added: No offering expense were paid directly or indirectly to any of our directors or officers (or their associates) or persons owning 10.0% or more of any class of our equity securities or to any other affiliates.
+Added: We hold a significant portion of the balance of the net proceeds from the offering in money market funds and short-term investments in accordance with our investment policy.
+Added: There has been no material change in the planned use of the net proceeds from the IPO from that described in the prospectus filed with the SEC pursuant to Rule 424(b)(4) under the Securities Act.
Issuer Purchases of Equity Securities
+Added: Not applicable.
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.