Current Report Filing (8-k)
21 January 2023 - 08:13AM
Edgar (US Regulatory)
☐000186709600018670962023-01-192023-01-19
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): January 20, 2023
(January 19, 2023)
XERIS BIOPHARMA HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
001-40880 |
87-1082097 |
(State or other jurisdiction of
incorporation) |
(Commission
File Number) |
(I.R.S. Employer
Identification No.) |
180 N. LaSalle Street, Suite 1600
Chicago, Illinois 60601
(Address of principal executive offices, including zip
code)
(844) 445-5704
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last
report)
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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:
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☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act: |
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Stock, par value $0.0001 per share |
XERS |
The Nasdaq Global Select Market |
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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 (§ 240.12b-2 of this chapter).
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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.
☐
Item 1.01. Entry into a Material Definitive Agreement.
Amendment No. 2 to Credit Agreement and Guaranty and
Waiver
On January 19, 2023, Xeris Biopharma Holdings, Inc. (the “Company”)
entered into Amendment No. 2 to Credit Agreement and Guaranty
(“Amendment No. 2”) with Xeris Pharmaceuticals, Inc. (“Xeris
Pharma”), the lenders parties thereto (the “Lenders”) and Hayfin
Services LLP, as administrative agent for the Lenders (in such
capacity, together with its successors and assigns, the “Agent”),
to amend that certain Credit Agreement and Guaranty, dated as of
March 8, 2022, as amended by Amendment No. 1 to Credit Agreement
and Guaranty dated September 29, 2022 (the “Credit Agreement”), by
and among the Company, Xeris Pharma, the subsidiary guarantors from
time to time parties thereto, the Agent and the Lenders from time
to time parties thereto.
Amendment No. 2 provides for the Lenders’ consent to and allows for
the issuance by Xeris Pharma of a Letter of Financial Support to
the Board of Directors of Xeris Pharma’s wholly-owned subsidiary,
Xeris Pharmaceuticals Australia Pty Ltd.
The foregoing description of Amendment No. 2 is qualified in its
entirety by reference to the full text of Amendment No. 2, a copy
of which will be filed as an exhibit to the Company’s Quarterly
Report on Form 10-Q for the quarter ending March 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.
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Date: January 20, 2023 |
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Xeris Biopharma Holdings, Inc. |
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By: |
/s/ Steven M. Pieper |
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Name: Steven M. Pieper |
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Title:
Chief Financial Officer
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