Shionogi Acquires Day One Biopharmaceuticals

Ticker: DAWN · Form: 8-K · Filed: May 30, 2024 · CIK: 1845337

Sentiment: neutral

Topics: acquisition, merger, biotech

TL;DR

Shionogi just bought Day One Bio. Deal closed May 29th.

AI Summary

On May 29, 2024, Day One Biopharmaceuticals, Inc. announced the completion of its acquisition by Shionogi & Co., Ltd. The transaction was completed following the satisfaction of customary closing conditions. Day One Biopharmaceuticals, Inc. was incorporated in Delaware and its principal executive offices are located in Brisbane, California.

Why It Matters

This acquisition signifies a significant consolidation in the biopharmaceutical sector, potentially impacting the development and availability of new cancer therapies.

Risk Assessment

Risk Level: low — The filing reports the completion of a previously announced acquisition, which is a standard corporate event.

Key Players & Entities

FAQ

What was the primary event reported in this 8-K filing?

The primary event reported is the completion of the acquisition of Day One Biopharmaceuticals, Inc. by Shionogi & Co., Ltd.

When did the acquisition of Day One Biopharmaceuticals, Inc. officially close?

The acquisition officially closed on May 29, 2024.

Who is the acquiring company?

Shionogi & Co., Ltd. is the acquiring company.

Where were Day One Biopharmaceuticals, Inc.'s principal executive offices located?

Day One Biopharmaceuticals, Inc.'s principal executive offices were located at 2000 Sierra Point Parkway, Suite 501, Brisbane, California.

What is the Standard Industrial Classification (SIC) code for Day One Biopharmaceuticals, Inc.?

The Standard Industrial Classification (SIC) code for Day One Biopharmaceuticals, Inc. is 2834, which corresponds to Pharmaceutical Preparations.

Filing Stats: 851 words · 3 min read · ~3 pages · Grade level 9.5 · Accepted 2024-05-30 08:35:47

Key Financial Figures

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release. 99.2 Corporate Presentation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. DAY ONE BIOPHARMACEUTICALS, INC. Date: May 30, 2024 By: /s/ Charles N. York II, M.B.A. Charles N. York II, M.B.A. Chief Operating Officer and Chief Financial Officer

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