ACELYRIN INC. filed SEC Form 8-K: Financial Statements and Exhibits
$SLRN
Biotechnology: Pharmaceutical Preparations
Health Care
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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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 9, 2024
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 9, 2024, Gil M. Labrucherie, the Chief Financial Officer and Chief Business Officer of ACELYRIN, INC. (the “Company”), notified the Company of his intention to resign from the Company, effective January 2, 2025, to pursue an external opportunity.
In connection therewith, the Company has entered into a Transition and Consulting Agreement with Mr. Labrucherie (the “Transition Agreement”), pursuant to which Mr. Labrucherie will provide consulting services to the Company from January 3, 2025 through March 31, 2025 at an hourly rate of $500. The Transition Agreement provides for the continued vesting of Mr. Labrucherie’s outstanding equity awards through March 31, 2025.
The foregoing description of the Transition Agreement does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Transition Agreement which is filed as Exhibit 10.1 hereto and is incorporated by reference.
Item 8.01 Other Events.
On December 10, 2024, the Company issued a press release announcing the top-line results from the Phase 2b/3 trial of izokibep, an investigational treatment for non-infectious non-anterior uveitis. A copy of the Company’s press release, titled “ACELYRIN, INC. Announces Topline Results From Phase 2b/3 Study of Izokibep for the Treatment of Uveitis” is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description | |||||||
| 10.1 | ||||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
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.
| ACELYRIN, INC. | ||||||||
| Dated: December 10, 2024 | By: | /s/ Amar Murugan | ||||||
| Amar Murugan | ||||||||
| Chief Legal Officer | ||||||||