Arvinas, Inc. Signs Material Definitive Agreement

TL;DR

ARVN signed a big deal on 8/15, details TBD.

AI Summary

On August 15, 2024, Arvinas, Inc. entered into a Material Definitive Agreement. The filing does not disclose specific details of the agreement, such as the counterparty or financial terms, but indicates a significant event for the company.

Why It Matters

This filing signals a significant new development or partnership for Arvinas, Inc., which could impact its future operations and stock performance.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and potential impact of the agreement.

Key Players & Entities

• Arvinas, Inc. (company) — Registrant
• August 15, 2024 (date) — Date of earliest event reported
• 203-535-1456 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 per share ARVN The Nasdaq Stock Market
• $41.5 million — e cash termination fee in the amount of $41.5 million. The foregoing summary of the Lease Te

Filing Documents

• arvn-20240815.htm (8-K) — 25KB
• 0001655759-24-000121.txt ( ) — 150KB
• arvn-20240815.xsd (EX-101.SCH) — 2KB
• arvn-20240815_lab.xml (EX-101.LAB) — 23KB
• arvn-20240815_pre.xml (EX-101.PRE) — 13KB
• arvn-20240815_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. O n August 15, 2024, Arvinas Operations, Inc. (the "Company"), a wholly owned subsidiary of the Arvinas, Inc., entered into a Lease Termination Agreement with 101 College Street, LLC (the "Landlord"). Under the terms of the Lease Termination Agreement, the lease by and between the Company and the Landlord, dated May 4, 2021, as amended by First Amendment dated as of August 10, 2022 and Second Amendment dated as of December 20, 2023 (as amended, the "Terminated Lease"), for certain leased premises of approximately 163,784 rentable square feet consisting of the 4th, 5th and 6th floors and a portion of the 1 st floor of a building located at and commonly known as 101 College Street, New Haven, Connecticut was terminated in full, effective as of August 15, 2024. In connection with the Lease Termination Agreement and as consideration for the Landlord's agreement to terminate the Terminated Lease in full, the Company agreed to pay to the Landlord a one-time cash termination fee in the amount of $41.5 million. The foregoing summary of the Lease Termination Agreement is not complete and is qualified in its entirety by reference to the full text of the Lease Termination Agreement, a copy of which Arvinas, Inc. expects to file with the U.S. Securities and Exchange Commission as an exhibit to its Quarterly Report on Form 10-Q for the quarter ending September 30, 2024.

SIGNATURES

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. ARVINAS, INC. Date: August 20 , 2 024 By: /s/ Andrew Saik Andrew Saik Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR