UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 | Entry into a Material Definitive Agreement. |
On December 8, 2021, Relmada Therapeutics, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC and Jefferies LLC, as representatives of the several underwriters named in Schedule A thereto (collectively, the “Underwriters”), in connection with an underwritten public offering (the “Offering”) of 8,823,530 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) issued and sold by the Company at a price to the public of $17.00 per share (with a price to the Underwriters of $15.98 per share). Pursuant to the Underwriting Agreement, the Underwriters were granted an option for a period of 30 days to purchase from the Company up to an additional 1,323,529 shares of Common Stock, at the same price per share, which was exercised in full on December 9, 2021. The Offering, including the issuance and sale of shares pursuant to the Underwriters’ exercise in full of their option to purchase additional shares, closed on December 13, 2021.
The Company estimates that the net proceeds from the offering will be approximately $161.6 million, including the proceeds from the Underwriters’ exercise of their option in full. The Offering was made pursuant to a prospectus supplement dated December 8, 2021, and an accompanying prospectus dated August 21, 2020, pursuant to a Registration Statement on Form S-3 (No. 333-245054), which was initially filed by the Company with the Securities and Exchange Commission (“SEC”) on August 12, 2020, and declared effective by the SEC on August 21, 2020.
The Underwriting Agreement contains customary representations, warranties, and agreements by the Company and customary conditions to closing, obligations of the parties, and termination provisions. Additionally, the Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended, and to contribute to payments the Underwriters may be required to make because of any of those liabilities.
The foregoing description is qualified in its entirety by reference to the full text of the Underwriting Agreement, which is attached as Exhibit 1.1 to this Current Report on Form 8-K and incorporated in this Item 1.01 by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits |
Exhibit No. | Description | |
1.1 | Underwriting Agreement, dated December 8, 2021, by and among Relmada Therapeutics, Inc. and Goldman Sachs & Co. LLC and Jefferies LLC, as representatives of the several underwriters named therein. | |
5.1 | Opinion of Sichenzia Ross Ference LLP | |
23.1 | Consent of Sichenzia Ross Ference LLP (contained in Exhibit 5.1 hereto) | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
Dated: December 13, 2021 | RELMADA THERAPEUTICS, INC. | |
By: | /s/ Sergio Traversa | |
Name: | Sergio Traversa | |
Title: | Chief Executive Officer |
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