Aptinyx Inc. filed SEC Form 8-K: Other Events
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Item 8.01 Other Events.
As previously announced, on June 30, 2023, at a special meeting of stockholders of Aptinyx Inc. (the “Company”), the Company’s stockholders approved the liquidation and dissolution of the Company and the Plan of Liquidation and Dissolution (the “Plan of Dissolution”), which authorizes the board of directors of the Company to liquidate and dissolve the Company in accordance with the Plan of Dissolution. On July 5, 2023, the Company filed a certificate of dissolution with the Secretary of State of the State of Delaware, and thereupon the Company was dissolved and began its statutory three-year wind-up period. Following the filing of the certificate of dissolution, the Company, in accordance with the Plan of Dissolution, has paid and/or established reasonable reserves to pay the Company’s known claims, contingent contractual claims and claims (if any) that are not currently known to the Company, but that based on facts known to the Company, are likely to arise within ten years of the filing of the certificate of dissolution.
On December 15, 2023, the Company’s board of directors (the “Board”) authorized and approved a liquidating cash distribution of $6,683,373 (the “Liquidating Distribution”) to record holders of the Company’s common stock as of the record date of December 15, 2023 (the “Record Date”). As a result, each holder of record of Company common stock as of the Record Date is entitled to receive a pro rata portion of the Liquidation Distribution, which is equal to $0.0986975 per share.
The Company currently anticipates that the Distribution will be the only liquidating distribution made to stockholders pursuant to the Plan of Dissolution. If additional liquidating distributions are made in the future, the timing and amount of any such liquidating distributions is uncertain and cannot currently be estimated.
The Company intends to close the stock transfer books of the Company on December 31, 2023.
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.
Date: December 18, 2023 | APTINYX INC. | |
By: | /s/ Craig Jalbert | |
Craig Jalbert | ||
President |