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    Immunic Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits

    9/3/24 8:30:38 AM ET
    $IMUX
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $IMUX alert in real time by email
    false 0001280776 0001280776 2024-08-29 2024-08-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): August 29, 2024

     

    IMMUNIC, INC.
    (Exact name of registrant as specified in its charter)

     

    Delaware 001-36201 56-2358443
    (State or other jurisdiction
    of incorporation)
    (Commission File Number) (IRS Employer Identification No.)
         
     

    1200 Avenue of the Americas, Suite 200

    New York, NY 10036

    USA

     
      (Address of principal executive offices)  

     

    Registrant’s telephone number, including area code: (332) 255-9818

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Title of each class Trading symbol(s) Name of each exchange
    on which registered
    Common Stock, $0.0001 par value IMUX The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Yes ☐    No ☐

     

     

     

     

    Item 1.01. Entry into a Material Definitive Agreement.

     

    On August 29, 2024, Immunic, Inc. (the “Company”) and Dr. Duane Nash entered into Addendum Number 6 (the “Addendum”) to the Employment Agreement dated April 17, 2020, as amended as of October 15, 2020, April 15, 2021, March 15, 2022, December 28, 2022 and October 17, 2023, to extend the term of Dr. Nash’s employment as Executive Chairman of the Board of Directors of the Company (the “Board”) to December 31, 2025.

     

    In connection with the Addendum, the Company increased Dr. Nash’s monthly base salary to $33,987 from $32,368 (which includes the cash retainer payable for serving on the Company’s Board or for acting as the Chairman of the Board).

     

    The Addendum is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

     

    Item 9.01 Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    Exhibit No.   Description of Exhibit
    10.1   Addendum No. 6, dated August 29, 2024, to Employment Agreement, dated April 17, 2020, between Immunic, Inc. and Duane Nash.

      

     

     

     

    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: September 3, 2024 Immunic, Inc.
         
      By: /s/ Daniel Vitt
        Daniel Vitt
        Chief Executive Officer

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