UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01. | Other Events. |
On January 4, 2024, Dyne Therapeutics, Inc. (the “Company”) notified Jefferies LLC (“Jefferies”) that it was suspending and terminating the prospectus, dated November 17, 2021 (the “ATM Prospectus”), related to the sales agreement (the “Sales Agreement”) that the Company entered into with Jefferies on November 4, 2021 and pursuant to which the Company may offer and sell shares of its common stock, $0.0001 par value per share (the “Common Stock”), from time to time through Jefferies, as agent, under an “at-the-market” offering program. The Company will not make any sales of its Common Stock pursuant to the Sales Agreement unless and until a new prospectus is filed. The Sales Agreement remains in full force and effect. As of January 4, 2024, the Company had issued and sold an aggregate of 7,943,148 shares of its Common Stock under its “at-the-market” offering program with Jefferies for aggregate gross sale proceeds of $92.2 million, before deducting sales commissions and offering expenses.
A copy of the Sales Agreement was filed as Exhibit 1.2 to the Company’s Registration Statement on Form S-3 (333- 260755), which was originally filed with the Securities and Exchange Commission on November 4, 2021.
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 hereunto duly authorized.
| DYNE THERAPEUTICS, INC. | ||||||
| Date: January 4, 2024 | By: | /s/ Joshua Brumm | ||||
| Name: | Joshua Brumm | |||||
| Title: | President and Chief Executive Officer | |||||