Arvinas, Inc. Enters and Terminates Definitive Agreements
Ticker: ARVN · Form: 8-K · Filed: Jan 22, 2025 · CIK: 1655759
| Field | Detail |
|---|---|
| Company | Arvinas, Inc. (ARVN) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, termination
TL;DR
ARVN just signed and axed a big deal, details TBD.
AI Summary
On January 15, 2025, Arvinas, Inc. entered into a material definitive agreement and also terminated a material definitive agreement. Specific details regarding the nature of these agreements and their terms were not disclosed in this filing.
Why It Matters
This filing indicates significant changes in Arvinas' contractual relationships, which could impact its ongoing operations and future strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates significant contractual changes without providing specific details, creating uncertainty about the impact on the company.
Key Players & Entities
- Arvinas, Inc. (company) — Registrant
- January 15, 2025 (date) — Date of earliest event reported
- 203-535-1456 (phone_number) — Registrant's telephone number
FAQ
What was the nature of the material definitive agreement entered into by Arvinas, Inc. on January 15, 2025?
The filing does not specify the nature of the material definitive agreement entered into on January 15, 2025.
What was the reason for the termination of the material definitive agreement by Arvinas, Inc. on January 15, 2025?
The filing does not provide the reason for the termination of the material definitive agreement on January 15, 2025.
Does this 8-K filing provide any financial details related to the agreements entered into or terminated?
No, this 8-K filing does not provide any specific financial details related to the agreements.
What is the principal executive office address for Arvinas, Inc. as stated in the filing?
The principal executive office address for Arvinas, Inc. is 5 Science Park, 395 Winchester Ave., New Haven, Connecticut 06511.
When was Arvinas, Inc. incorporated, according to the filing?
Arvinas, Inc. is incorporated in Delaware.
Filing Stats: 691 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2025-01-22 07:05:08
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share ARVN The Nasdaq Stock Market
Filing Documents
- arvn-20250115.htm (8-K) — 25KB
- 0001655759-25-000006.txt ( ) — 150KB
- arvn-20250115.xsd (EX-101.SCH) — 2KB
- arvn-20250115_lab.xml (EX-101.LAB) — 23KB
- arvn-20250115_pre.xml (EX-101.PRE) — 13KB
- arvn-20250115_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On January 15, 2025, Arvinas Operations, Inc. (the "Company"), a wholly owned subsidiary of the Arvinas, Inc., entered into a Lease Termination Agreement with Science Park Development Corporation (the "Landlord"). Under the terms of the Lease Termination Agreement, the lease by and between the Company and the Landlord, dated November 15, 2019, as amended by First Amendment dated as of February 27, 2020, Second Amendment dated as of January 4, 2021 and Third Amendment dated as of December 13, 2024 (as amended, the "Terminated Lease"), for certain leased premises of approximately 3,520 rentable square feet on the fourth floor of Science Park Building 4, 375 Winchester Avenue in New Haven, Connecticut (the "Leased Premises") was terminated in full, effective as of December 31, 2024 (the"Termination Date"). Pursuant to the Lease Termination Agreement, the Company was required to remove all Company furniture, trade fixtures, equipment and other personal property other than certain lab tables and/or portable benches which the Company is transferring to the new tenant for the Leased Premises by January 21, 2025 (the "Surrender Date"). Provided the Company complies with the foregoing schedule, the Company is not liable for any base rent, additional rent or any other charges under the Terminated Lease from and after the Termination Date. The Landlord is required to return the Company's security deposit under the Terminated Lease within 10 business days after the Surrender Date. 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 Annual Report on Form 10 K for the quarter ended December 31, 2025.
02 Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement. The information set forth above under Item 1.01 is incorporated by reference into the Item 1.02.
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: January 22, 2025 By: /s/ Andrew Saik Andrew Saik Chief Financial Officer