GRI BIO, Inc. Files S-1 for Security Registration
Ticker: GRI · Form: S-1 · Filed: Jun 20, 2024 · CIK: 1824293
| Field | Detail |
|---|---|
| Company | Gri Bio, INC. (GRI) |
| Form Type | S-1 |
| Filed Date | Jun 20, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001, $0.125, $0, $2.861, $10.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, s-1, pharmaceuticals, registration
TL;DR
GRI BIO (fka Vallon Pharma) filed S-1, get ready for new shares.
AI Summary
GRI BIO, Inc. (formerly Vallon Pharmaceuticals, Inc.) filed an S-1 form on June 20, 2024, to register securities. The company, incorporated in Delaware with its principal office in La Jolla, California, operates in the Pharmaceutical Preparations sector. GRI BIO, Inc. previously operated under the name Vallon Pharmaceuticals, Inc. until a name change on September 10, 2020.
Why It Matters
This S-1 filing indicates GRI BIO, Inc. is preparing to offer securities to the public, which could lead to new funding and increased trading activity.
Risk Assessment
Risk Level: medium — S-1 filings are typically for companies seeking to raise capital through public offerings, which inherently carry market and execution risks.
Key Numbers
- 333-280323 — SEC File Number (Identifies the specific SEC filing for GRI BIO, Inc.)
- 0001824293 — Central Index Key (Unique identifier for GRI BIO, Inc. in SEC filings.)
Key Players & Entities
- GRI BIO, Inc. (company) — Filer of the S-1
- Vallon Pharmaceuticals, Inc. (company) — Former name of GRI BIO, Inc.
- 20240620 (date) — Filing date of the S-1
- La Jolla, CA (location) — Business address of GRI BIO, Inc.
- 2834 (industry_code) — Standard Industrial Classification for Pharmaceutical Preparations
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement filed with the SEC for the registration of securities, indicating GRI BIO, Inc.'s intent to offer them to the public.
When was GRI BIO, Inc. formerly known as?
GRI BIO, Inc. was formerly known as Vallon Pharmaceuticals, Inc., with a name change occurring on September 10, 2020.
Where is GRI BIO, Inc. located?
GRI BIO, Inc.'s business and mailing address is 2223 Avenida De La Playa, Suite 208, La Jolla, CA 92037.
What industry does GRI BIO, Inc. operate in?
GRI BIO, Inc. operates in the Pharmaceutical Preparations sector, identified by the Standard Industrial Classification code 2834.
What is the SEC file number associated with this filing?
The SEC file number for this S-1 filing by GRI BIO, Inc. is 333-280323.
Filing Stats: 4,749 words · 19 min read · ~16 pages · Grade level 14.6 · Accepted 2024-06-18 19:51:32
Key Financial Figures
- $0.0001 — up to shares of common stock, par value $0.0001 per share (the "Common Stock"), togethe
- $0.125 — hare under Nasdaq Rule 5635(d) plus (b) $0.125 per whole share of Common Stock underly
- $0 — Nasdaq Capital Market on , 2024, minus $0.0001, the exercise price of the Pre-Fun
- $2.861 — Stock on The Nasdaq Capital Market was $2.861 per share (as adjusted for the Reverse
- $10.0 million — hich we may sell and issue shares up to $10.0 million of our Common Stock from time to time t
- $3.9783 — Offering at a weighted-average price of $3.9783 per share, raising $0.4 million of gros
- $0.4 million — age price of $3.9783 per share, raising $0.4 million of gross proceeds and net proceeds of $
- $0.4 m — n of gross proceeds and net proceeds of $0.4 million, after deducting commissions to t
- $0.6 million — e 17, 2024, there remains approximately $0.6 million available for future sales of shares of
Filing Documents
- gribio-20240618.htm (S-1) — 2379KB
- exhibit107-sx1june2024.htm (EX-FILING FEES) — 31KB
- exhibit31-sx1june2024.htm (EX-3.1) — 81KB
- exhibit231-sx1june2024.htm (EX-23.1) — 2KB
- exhibit311aa.jpg (GRAPHIC) — 20KB
- exhibit312aa.jpg (GRAPHIC) — 27KB
- gribio-20240618_g1.jpg (GRAPHIC) — 124KB
- gribio-20240618_g10.jpg (GRAPHIC) — 38KB
- gribio-20240618_g11.jpg (GRAPHIC) — 43KB
- gribio-20240618_g12.jpg (GRAPHIC) — 34KB
- gribio-20240618_g13.jpg (GRAPHIC) — 52KB
- gribio-20240618_g14.jpg (GRAPHIC) — 386KB
- gribio-20240618_g15.jpg (GRAPHIC) — 56KB
- gribio-20240618_g16.jpg (GRAPHIC) — 15KB
- gribio-20240618_g17.jpg (GRAPHIC) — 19KB
- gribio-20240618_g2.jpg (GRAPHIC) — 194KB
- gribio-20240618_g3.jpg (GRAPHIC) — 36KB
- gribio-20240618_g4.jpg (GRAPHIC) — 51KB
- gribio-20240618_g5.jpg (GRAPHIC) — 79KB
- gribio-20240618_g6.jpg (GRAPHIC) — 123KB
- gribio-20240618_g7.jpg (GRAPHIC) — 82KB
- gribio-20240618_g8.jpg (GRAPHIC) — 43KB
- gribio-20240618_g9.jpg (GRAPHIC) — 31KB
- 0001628280-24-028928.txt ( ) — 13541KB
- gribio-20240618.xsd (EX-101.SCH) — 74KB
- gribio-20240618_cal.xml (EX-101.CAL) — 60KB
- gribio-20240618_def.xml (EX-101.DEF) — 379KB
- gribio-20240618_lab.xml (EX-101.LAB) — 550KB
- gribio-20240618_pre.xml (EX-101.PRE) — 654KB
- gribio-20240618_htm.xml (XML) — 888KB
Risk Factors
Risk Factors 13 Cautionary Note Regarding Forward-Looking Statements 56
Use of Proceeds
Use of Proceeds 58 Market Information 59 Dividend Policy 60 Capitalization 61
Management's Discussion And Analysis of Financial Condition and Results of Operations
Management's Discussion And Analysis of Financial Condition and Results of Operations 65
Business
Business 76 Management 115 Executive And Director Compensation 122 Certain Relationships And Related Party Transactions 129
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 131
Description of Capital Stock
Description of Capital Stock 133
Description of Securities We Are Offering
Description of Securities We Are Offering 139 Material U.S. Federal Income Tax Consequences to Holders of Common Stock and Warrants 143 Plan of Distribution 150 Legal Matters 154 Experts 154 Where You Can Find More Information 154 Index to Consolidated Financial Statements F- 1 You should rely only on the information contained in this prospectus. No one, including but not limited to the Placement Agent, has been authorized to provide you with information that is different from that contained in this prospectus. This prospectus is dated as of the date set forth on the cover hereof. You should not assume that the information contained in this prospectus is accurate as of any date other than that date. i ABOUT THIS PROSPECTUS Unless the context otherwise requires or as otherwise noted, we use the terms "GRI," "Company," "we," "us" and "our" in this prospectus to refer to GRI Bio, Inc. (formerly Vallon Pharmaceuticals, Inc.) and its subsidiaries taken as a whole. We have not, and the Placement Agent has not, authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectuses prepared by or on behalf of us or to which we have referred you. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the securities offered hereby, and only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus or in any applicable free writing prospectus is current only as of its date, regardless of its time of delivery or any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. The information provided in this prospectus contains statistical data and estimates, including those relating to market size and competitive position of