UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 22, 2020
LifeSci Acquisition Corp.
(Exact name of registrant as specified in its charter)
Delaware | 001-39244 | 83-3197402 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
250 W. 55th St., #3401 | ||
New York, NY | 10019 | |
(Address of principal executive offices) | (Zip Code) |
(646) 889-1200
(Registrants telephone number,
including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading symbols |
Name of each exchange on which registered | ||
Units, each consisting of one share of Common Stock, $0.0001 par value, and one Warrant to acquire one-half of one share of Common Stock |
LSACU | The Nasdaq Stock Market LLC | ||
Common Stock |
LSAC | The Nasdaq Stock Market LLC | ||
Warrants |
LSACW | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
As previously reported, on September 25, 2020, LifeSci Acqisition Corp. (LSAC), LifeSci Acquisition Merger Sub, Inc. (Merger Sub), Vincera Pharma, Inc. (Vincera Pharma) and Raquel Izumi, as representative of the Vincera Pharma stockholders (the Sellers), entered into a merger agreement (the Merger Agreement), pursuant to which Merger Sub will merge with and into Vincera Pharma, with Vincera Pharma surviving the merger and becoming a wholly-owned subsidiary of LSAC (collectively with the other transactions contemplated under the Merger Agreement, the Business Combination). The combined company after the Business Combination is referred to in this Current Report on Form 8-K as the Combined Company.
LSAC held its special meeting of stockholders on December 22, 2020 (the Special Meeting). On November 20, 2020, the record date for the Special Meeting, there were 8,204,709 shares of LSACs common stock entitled to vote at the Special Meeting. At the Special Meeting, there were 6,852,836 shares voted by proxy or in person, which is 83.52% of the total outstanding shares.
The final results for each of the matters submitted to a vote of LSACs stockholders at the Special Meeting are as follows:
Proposal 1. Business Combination Proposal
Proposal 1, to approve the Business Combination, was passed with voting results as follows:
FOR |
AGAINST |
ABSTAIN | ||
6,847,895 | 210 | 4,731 |
Proposal 2. Charter Amendment Proposal
Proposal 2, including each of the sub-proposals thereunder, to approve the following proposals to amend LSACs current Amended and Restated Certificate of Incorporation, as set forth in the Second Amended and Restated Certificate of Incorporation of LSAC (the Amended Charter), was passed. The voting results for each of the sub-proposals were as follows:
(a) to change the name of the Combined Company to Vincera Pharma, Inc. from LifeSci Acquisition Corp.:
FOR |
AGAINST |
ABSTAIN | ||
6,847,895 | 210 | 4,731 |
(b) to increase the authorized number of shares of common stock from 30,000,000 shares to 120,000,000 shares and preferred stock from 1,000,000 shares to 30,000,000 shares:
FOR |
AGAINST |
ABSTAIN | ||
6,478,940 | 368,955 | 4,941 |
(c) to approve the choice of forum provisions:
FOR |
AGAINST |
ABSTAIN | ||
6,847,880 | 225 | 4,731 |
(d) to include supermajority voting provisions:
FOR |
AGAINST |
ABSTAIN | ||
6,478,835 | 369,300 | 4,701 |
(e) to approve all other changes to the Amended Charter, including without limitation, the elimination of certain provisions related to LSACs initial business combination that will no longer be relevant following the closing of the Business Combination:
FOR |
AGAINST |
ABSTAIN | ||
6,847,795 |
210 | 4,831 |
Proposal 3. Nasdaq Proposal
Proposal 3, to approve the issuance of more than 20% of the issued and outstanding shares of LSACs common stock pursuant to the terms of the Merger Agreement, which will result in a change of control, as required by Nasdaq Listing Rules 5635(a), (b) and (d), was passed with voting results as follows:
FOR |
AGAINST |
ABSTAIN | ||
6,847,885 |
220 | 4,731 |
Proposal 4. Director Election Proposal
Proposal 4, to elect, effective upon the closing of the Business Combination, nine directors to serve staggered terms on the Combined Companys board of directors until the 2021, 2022 and 2023 annual meetings of stockholders, respectively, or until their respective successors are duly elected and qualified, was passed with voting results as follows:
Class I to serve until the 2021 annual meeting of stockholders:
DIRECTOR NOMINEE |
FOR | WITHHELD | ||||||
Raquel E. Izumi |
6,848,125 | 4,711 | ||||||
Laura I. Bushnell |
6,848,125 | 4,711 | ||||||
Mark A. McCamish |
6,848,125 | 4,711 |
Class II to serve until the 2022 annual meeting of stockholders:
DIRECTOR NOMINEE |
FOR | WITHHELD | ||||||
John H. Lee |
6,848,125 | 4,711 | ||||||
Christopher P. Lowe |
6,848,125 | 4,711 | ||||||
Francisco D. Salva |
6,848,125 | 4,711 |
Class III to serve until the 2023 annual meeting of stockholders:
DIRECTOR NOMINEE |
FOR | WITHHELD | ||||||
Ahmed M. Hamdy |
6,848,125 | 4,711 | ||||||
Brian J. Druker |
6,848,125 | 4,711 | ||||||
Andrew I. McDonald |
6,479,290 | 373,546 |
Proposal 5. Equity Incentive Plan Proposal
Proposal 5, to approve the Vincera Pharma, Inc. 2020 Stock Incentive Plan, was passed with voting results as follows:
FOR |
AGAINST |
ABSTAIN | ||
5,979,250 |
868,885 | 4,701 |
Item 8.01 Other Events.
LSAC currently expects to close the Business Combination with Vincera Pharma on December 23, 2020.
Forward-Looking Statements
Certain statements contained in this Current Report on Form 8-K, other than purely historical information, are forward-looking statements. Forward-looking statements include, but are not limited to, the timing and expected completion of the Business Combination. Forward-looking statements are based on managements current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, risks and uncertainties associated with the ability to consummate the Business Combination. Therefore, you should not rely on any of these forward-looking statements. There can be no assurance that the Business Combination will in fact be completed in the manner described or at all. Forward-looking statements speak as of the date hereof, and LSAC disclaims any obligation to update these forward-looking statements.
SIGNATURE
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.
Dated: December 22, 2020
LIFESCI ACQUISITION CORP. | ||
By: | /s/ Andrew McDonald | |
Andrew McDonald | ||
Chief Executive Officer |