ADCT 8-K Attaches Q2 2025 Financial Results Press Release (Exhibit 99.1)
Rhea-AI Filing Summary
ADC Therapeutics SA reported that it issued a press release announcing its financial results for the second quarter ended June 30, 2025. The company filed a Current Report on Form 8-K to attach that press release as Exhibit 99.1, and the filing also includes a Cover Page Interactive Data File as Exhibit 104.
The filing states that the information in Item 2.02 and Exhibit 99.1 is incorporated by reference but shall not be deemed "filed" for purposes of Section 18 of the Exchange Act. The report is signed on behalf of the company by Jose Carmona, Chief Financial Officer. The 8-K itself does not include the detailed financial tables or results within the body of the filing.
Positive
- The company attached a press release announcing financial results for the quarter ended June 30, 2025 as Exhibit 99.1 to the 8-K.
- The filing includes an interactive Cover Page XBRL file as Exhibit 104, indicating structured data is provided.
Negative
- The Form 8-K does not include the actual financial results within the filing text; substantive numbers must be obtained from Exhibit 99.1.
- The registrant explicitly states that Item 2.02 and Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, limiting Section 18 liability.
Insights
TL;DR: ADC attached its Q2 2025 results press release to an 8-K; the release is disclosed but not legally "filed" under Section 18.
The 8-K is a routine disclosure mechanism to ensure the market has access to the company’s Q2 2025 results via Exhibit 99.1. Because the company explicitly states the press release is not "filed" under Section 18, investors should treat the exhibit as furnished disclosure rather than a filing that creates Section 18 liabilities. The document provides no numeric results in the 8-K text itself, so stakeholders must review Exhibit 99.1 for the substantive financial metrics.
TL;DR: This 8-K reflects standard disclosure practice and reiterates legal limits on liability for the attached press release.
The Form 8-K attaches a press release as Exhibit 99.1 and includes customary boilerplate that the exhibit is not "filed" under the Exchange Act. The filing establishes a public record of the release and is signed by the CFO, reflecting compliance with disclosure procedures. There are no governance changes, officer departures, or material transactions reported in this filing.