TScan Therapeutics Files Amendment to Annual Report
Ticker: TCRX · Form: 10-K/A · Filed: Apr 10, 2024 · CIK: 1783328
| Field | Detail |
|---|---|
| Company | Tscan Therapeutics, Inc. (TCRX) |
| Form Type | 10-K/A |
| Filed Date | Apr 10, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0001, $1 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K/A, TScan Therapeutics, TCRX, SEC Filing, Amendment
TL;DR
<b>TScan Therapeutics filed an amendment to its 2023 annual report, confirming its status as a non-seasoned issuer trading on Nasdaq.</b>
AI Summary
TScan Therapeutics, Inc. (TCRX) filed a Amended Annual Report (10-K/A) with the SEC on April 10, 2024. TScan Therapeutics, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The company's common stock trades under the symbol TCRX on The Nasdaq Global Market. TScan Therapeutics is incorporated in Delaware and headquartered in Waltham, Massachusetts. The filing indicates the company is not a well-known seasoned issuer. The company has submitted all required reports for the preceding 12 months and the past 90 days.
Why It Matters
For investors and stakeholders tracking TScan Therapeutics, Inc., this filing contains several important signals. This amendment provides updated information for the fiscal year 2023, crucial for investors tracking the company's financial and operational status. The filing confirms TScan Therapeutics' compliance with SEC reporting requirements, indicating a level of operational stability in its disclosure processes.
Risk Assessment
Risk Level: low — TScan Therapeutics, Inc. shows low risk based on this filing. The filing is an amendment to a 10-K, suggesting it's a procedural update rather than a material event, thus posing low risk.
Analyst Insight
Review the specific changes in the amendment to understand any updated disclosures or corrections made by TScan Therapeutics.
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting period)
- 001-40603 — SEC File Number (Commission File Number)
- 82-5282075 — IRS Number (Employer Identification No.)
- TCRX — Trading Symbol (Common Stock)
Key Players & Entities
- TScan Therapeutics, Inc. (company) — Registrant name
- TCRX (company) — Trading Symbol
- The Nasdaq Global Market, LLC (company) — Exchange
- Delaware (company) — State of Incorporation
- Waltham (company) — City
- 2023-12-31 (date) — Fiscal year end
- 2024-04-10 (date) — Filing Date
FAQ
When did TScan Therapeutics, Inc. file this 10-K/A?
TScan Therapeutics, Inc. filed this Amended Annual Report (10-K/A) with the SEC on April 10, 2024.
What is a 10-K/A filing?
A 10-K/A is a amendment to a previously filed annual report, correcting or updating financial statements or disclosures. This particular 10-K/A was filed by TScan Therapeutics, Inc. (TCRX).
Where can I read the original 10-K/A filing from TScan Therapeutics, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by TScan Therapeutics, Inc..
What are the key takeaways from TScan Therapeutics, Inc.'s 10-K/A?
TScan Therapeutics, Inc. filed this 10-K/A on April 10, 2024. Key takeaways: TScan Therapeutics, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023.. The company's common stock trades under the symbol TCRX on The Nasdaq Global Market.. TScan Therapeutics is incorporated in Delaware and headquartered in Waltham, Massachusetts..
Is TScan Therapeutics, Inc. a risky investment based on this filing?
Based on this 10-K/A, TScan Therapeutics, Inc. presents a relatively low-risk profile. The filing is an amendment to a 10-K, suggesting it's a procedural update rather than a material event, thus posing low risk.
What should investors do after reading TScan Therapeutics, Inc.'s 10-K/A?
Review the specific changes in the amendment to understand any updated disclosures or corrections made by TScan Therapeutics. The overall sentiment from this filing is neutral.
How does TScan Therapeutics, Inc. compare to its industry peers?
TScan Therapeutics operates in the biotechnology sector, focusing on developing T-cell receptor (TCR) engineered T cell therapies for cancer.
Are there regulatory concerns for TScan Therapeutics, Inc.?
The company is subject to standard SEC reporting requirements for publicly traded companies, including annual and periodic filings.
Industry Context
TScan Therapeutics operates in the biotechnology sector, focusing on developing T-cell receptor (TCR) engineered T cell therapies for cancer.
Regulatory Implications
The company is subject to standard SEC reporting requirements for publicly traded companies, including annual and periodic filings.
What Investors Should Do
- Review the specific amendments made in the 10-K/A filing.
- Analyze TScan Therapeutics' business and financial disclosures for the fiscal year 2023.
- Monitor future filings for updates on clinical trials and regulatory progress.
Key Dates
- 2024-04-10: Filing Date — Amendment to 2023 Annual Report (10-K/A)
- 2023-12-31: Fiscal Year End — Period covered by the annual report
Year-Over-Year Comparison
This is an amendment to the previously filed 10-K for the fiscal year ended December 31, 2023.
Filing Stats: 4,598 words · 18 min read · ~15 pages · Grade level 10.3 · Accepted 2024-04-10 07:30:37
Key Financial Figures
- $0.0001 — which registered Voting Common Stock, $0.0001 par value per share TCRX The Nasdaq
- $1 billion — anada and was responsible for more than $1 billion in annual sales. Prior to joining Alexi
Filing Documents
- d818033d10ka.htm (10-K/A) — 337KB
- d818033dex313.htm (EX-31.3) — 4KB
- d818033dex314.htm (EX-31.4) — 4KB
- 0001193125-24-091386.txt ( ) — 607KB
- tcrx-20231231.xsd (EX-101.SCH) — 5KB
- tcrx-20231231_cal.xml (EX-101.CAL) — 1KB
- tcrx-20231231_def.xml (EX-101.DEF) — 18KB
- tcrx-20231231_lab.xml (EX-101.LAB) — 24KB
- tcrx-20231231_pre.xml (EX-101.PRE) — 19KB
- d818033d10ka_htm.xml (XML) — 10KB
Executive Compensation
Executive Compensation 7 Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 16 Item 13. Certain Relationships and Related Transactions, and Director Independence 20 Item 14. Principal Accountant Fees and Services 22 PART IV Item 15. Exhibits and Financial Statement Schedules 23
Signatures
Signatures 24 PART III Item10. Directors, Executive Officers and Corporate Governance. Information About Our Directors The following table identifies our current directors and sets forth certain information regarding the members of our board of directors, including their ages as of April 1, 2024, and years of tenure on our board of directors. Name Positions and Offices Held with TScan Director Since Age Timothy Barberich Director 2019 76 Stephen Biggar, M.D., Ph.D. Director 2021 53 Gavin MacBeath, Ph.D. Director, Chief Executive Officer 2023 54 Katina Dorton, J.D., M.B.A. Director 2021 66 R. Keith Woods Director 2023 56 Gabriela Gruia, M.D. Director 2021 67 Barbara Klencke, M.D. Director 2023 66 The names and certain biographical information about our current directors, including each director's business experience, director position held, information regarding involvement in certain legal or administrative proceeding, if applicable, and the director's experiences, qualifications, attributes, or skills are set forth below. Timothy Barberich has served as a member of our board of directors since March 2019 and as the chair of our board of directors since March 2021. Mr. Barberich is a founder, former Chairman and Chief Executive Officer of Sepracor Inc. ("Sepracor"), a publicly traded, research-based, pharmaceutical company based in Marlborough, Massachusetts, currently called Sunovion Pharmaceuticals Inc., which was acquired by Dainippon Sumitomo Pharma Co., Ltd. in 2009. He co-founded Sepracor in 1984 and served as Chief Executive Officer from 1984 to May 2007 and as Chairman of the Board from 1990 to 2009. He currently serves on the board of directors of Gila Therapeutics, Inc. He also previously served on the boards of directors of Frequency Therapeutics, Inc., Versicor Inc. and Verastem, Inc., and of Neurovance Inc, Inotek Pharmaceuticals, Inc., HeartWare International, Inc., Tokai Pharmaceuticals, B