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[6-K] I-Mab Current Report (Foreign Issuer)

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Rhea-AI Filing Summary

I-Mab (IMAB) closed its acquisition of Bridge Health Biotech, completing a previously disclosed deal through wholly owned subsidiary I-Mab Biopharma Hong Kong Limited. Under the agreement, Bridge Health shareholders receive an upfront $1.8 million and additional non-contingent payments of $1.2 million through 2027, plus up to $3.875 million in milestone payments tied to development and regulatory achievements.

The acquisition provides rights to bispecific and multi-specific applications based on the Claudin 18.2 (CLDN18.2) parental antibody, including bispecifics and ADCs, complementing I-Mab’s CLDN18.2 x 4-1BB bispecific antibody, givastomig. This is a cash-out transaction tied to defined milestones.

I-Mab (IMAB) ha chiuso l'acquisizione di Bridge Health Biotech, completando un accordo comunicato in precedenza tramite la controllata interamente posseduta I-Mab Biopharma Hong Kong Limited. Secondo l'accordo, gli azionisti di Bridge Health ricevono un pagamento anticipato di $1.8 million e pagamenti non contingenti aggiuntivi di $1.2 million fino al 2027, oltre a pagamenti di milestone fino a $3.875 million legati a sviluppi e al raggiungimento di obiettivi regolatori.

L'acquisizione conferisce diritti su applicazioni bispecifiche e multispecifiche basate sull'anticorpo parentale Claudin 18.2 (CLDN18.2), inclusi bispecifici e ADCs, a complemento dell'anticorpo bispecifico CLDN18.2 x 4-1BB givastomig di I-Mab. Si tratta di una transazione di cash-out legata a milestone definiti.

I-Mab (IMAB) cerró la adquisición de Bridge Health Biotech, completando un acuerdo previamente divulgado a través de su subsidiaria de propiedad total I-Mab Biopharma Hong Kong Limited. Según el acuerdo, los accionistas de Bridge Health reciben un pago inicial de $1.8 million y pagos no contingentes adicionales de $1.2 million hasta 2027, más hasta $3.875 million en pagos por hitos vinculados a lograr avances de desarrollo y objetivos regulatorios.

La adquisición otorga derechos sobre aplicaciones bispecíficas y multispecíficas basadas en el anticuerpo parental Claudin 18.2 (CLDN18.2), que incluyen bispecíficos y ADCs, complementando el anticuerpo bispecífico CLDN18.2 x 4-1BB givastomig de I-Mab. Se trata de una transacción de cash-out vinculada a hitos definidos.

I-Mab (IMAB) 가 Bridge Health Biotech 인수를 마무리했고, 전액 출자 자회사인 I-Mab Biopharma Hong Kong Limited를 통해 이미 발표된 거래를 완료했습니다. 계약에 따르면 Bridge Health의 주주들은 선지급 1.8백만 달러와 2027년까지의 비 contingent 추가 지급 1.2백만 달러를 받게 되며, 개발 및 규제 달성에 연계된 최대 3.875백만 달러의 마일스톤 지급도 받을 수 있습니다.

이번 인수는 Claudin 18.2(CLDN18.2) 모친 항체를 기반으로 한 이중 표적 및 다중 표적 응용에 대한 권리를 제공하며, 이에는 이중 표적 및 ADCs가 포함되어 I-Mab의 CLDN18.2 x 4-1BB 이중 표적 항체 givastomig을 보완합니다. 이는 정의된 마일스톤에 묶인 현금 인수 거래입니다.

I-Mab (IMAB) a clôturé l'acquisition de Bridge Health Biotech, complétant un accord préalablement divulgué par l'intermédiaire de sa filiale entièrement détenue I-Mab Biopharma Hong Kong Limited. En vertu de l'accord, les actionnaires de Bridge Health reçoivent une prime d'ouverture de $1.8 million et des paiements non conditionnels supplémentaires de $1.2 million jusqu'en 2027, ainsi que jusqu'à $3.875 million de paiements d'étape liés à des réalisations de développement et réglementaires.

L'acquisition confère des droits sur des applications bispécifiques et multispecifiques basées sur l'anticorps parental Claudin 18.2 (CLDN18.2), incluant des bispécifiques et des ADCs, complétant l'anticorps bispécifique CLDN18.2 x 4-1BB givastomig d'I-Mab. Il s'agit d'une opération de cash-out liée à des jalons définis.

I-Mab (IMAB) hat den Erwerb von Bridge Health Biotech abgeschlossen, wodurch eine zuvor bekannt gegebene Vereinbarung über die hundertprozentig Tochtergesellschaft I-Mab Biopharma Hong Kong Limited erfüllt wird. Gemäß der Vereinbarung erhalten Bridge Health-Aktionäre eine upfront Zahlung von $1.8 million und zusätzliche nicht kontingente Zahlungen von $1.2 million bis 2027, sowie bis zu $3.875 million Meilensteinzahlungen, die an Entwicklungs- und regulatorische Erfolge gebunden sind.

Die Übernahme gewährt Rechte auf bispezifische und multispezifische Anwendungen basierend auf dem elterlichen Antikörper Claudin 18.2 (CLDN18.2), einschließlich Bispecifics und ADCs, und ergänzt den CLDN18.2 x 4-1BB Bispecific-Antikörper givastomig von I-Mab. Es handelt sich um eine Cash-out-Transaktion, die an definierte Meilensteine geknüpft ist.

أغلقت I-Mab (IMAB) استحواذها على Bridge Health Biotech، مكتملة صفقة سابقة أعلنت عنها من خلال الشركة الفرعية I-Mab Biopharma Hong Kong Limited المملوكة بالكامل. وفقاً للاتفاق، يحصل مساهمو Bridge Health على دفعة مقدمة قدرها $1.8 million ودفعـات غير مشروطة إضافية بقيمة $1.2 million حتى 2027، بالإضافة إلى حتى $3.875 million من دفعات milestones مرتبطة بإنجازات التطوير والتنظيم.

تمنح الصفقة حقوقاً في تطبيقات ثنائية وتعددية التحدد استناداً إلى الأجسام المضادة CLDN18.2 الأم، بما فيها ثنائية التخصص والتسلسلات المرتبطة، وتكمل جسم I-Mab ثنائي التخصص givastomig من CLDN18.2 x 4-1BB. هذه معاملة خروج نقدي مرتبطة بمراحل محددة.

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Insights

Small bolt-on deal closes; strategic fit to CLDN18.2 platform.

I-Mab completed the purchase of Bridge Health with modest consideration: an upfront $1.8 million, non-contingent $1.2 million through 2027, and up to $3.875 million in milestones. The structure limits fixed cash outlay while aligning additional payments to development and regulatory outcomes.

The assets center on CLDN18.2 bispecific and multi-specific applications, including potential ADCs, which align with the company’s givastomig (CLDN18.2 x 4-1BB). Value realization depends on successful development; milestones introduce contingent economics.

Key items are the execution of CLDN18.2 programs and any milestone triggers. Subsequent filings may detail progress and any milestone achievements.

I-Mab (IMAB) ha chiuso l'acquisizione di Bridge Health Biotech, completando un accordo comunicato in precedenza tramite la controllata interamente posseduta I-Mab Biopharma Hong Kong Limited. Secondo l'accordo, gli azionisti di Bridge Health ricevono un pagamento anticipato di $1.8 million e pagamenti non contingenti aggiuntivi di $1.2 million fino al 2027, oltre a pagamenti di milestone fino a $3.875 million legati a sviluppi e al raggiungimento di obiettivi regolatori.

L'acquisizione conferisce diritti su applicazioni bispecifiche e multispecifiche basate sull'anticorpo parentale Claudin 18.2 (CLDN18.2), inclusi bispecifici e ADCs, a complemento dell'anticorpo bispecifico CLDN18.2 x 4-1BB givastomig di I-Mab. Si tratta di una transazione di cash-out legata a milestone definiti.

I-Mab (IMAB) cerró la adquisición de Bridge Health Biotech, completando un acuerdo previamente divulgado a través de su subsidiaria de propiedad total I-Mab Biopharma Hong Kong Limited. Según el acuerdo, los accionistas de Bridge Health reciben un pago inicial de $1.8 million y pagos no contingentes adicionales de $1.2 million hasta 2027, más hasta $3.875 million en pagos por hitos vinculados a lograr avances de desarrollo y objetivos regulatorios.

La adquisición otorga derechos sobre aplicaciones bispecíficas y multispecíficas basadas en el anticuerpo parental Claudin 18.2 (CLDN18.2), que incluyen bispecíficos y ADCs, complementando el anticuerpo bispecífico CLDN18.2 x 4-1BB givastomig de I-Mab. Se trata de una transacción de cash-out vinculada a hitos definidos.

I-Mab (IMAB) 가 Bridge Health Biotech 인수를 마무리했고, 전액 출자 자회사인 I-Mab Biopharma Hong Kong Limited를 통해 이미 발표된 거래를 완료했습니다. 계약에 따르면 Bridge Health의 주주들은 선지급 1.8백만 달러와 2027년까지의 비 contingent 추가 지급 1.2백만 달러를 받게 되며, 개발 및 규제 달성에 연계된 최대 3.875백만 달러의 마일스톤 지급도 받을 수 있습니다.

이번 인수는 Claudin 18.2(CLDN18.2) 모친 항체를 기반으로 한 이중 표적 및 다중 표적 응용에 대한 권리를 제공하며, 이에는 이중 표적 및 ADCs가 포함되어 I-Mab의 CLDN18.2 x 4-1BB 이중 표적 항체 givastomig을 보완합니다. 이는 정의된 마일스톤에 묶인 현금 인수 거래입니다.

I-Mab (IMAB) a clôturé l'acquisition de Bridge Health Biotech, complétant un accord préalablement divulgué par l'intermédiaire de sa filiale entièrement détenue I-Mab Biopharma Hong Kong Limited. En vertu de l'accord, les actionnaires de Bridge Health reçoivent une prime d'ouverture de $1.8 million et des paiements non conditionnels supplémentaires de $1.2 million jusqu'en 2027, ainsi que jusqu'à $3.875 million de paiements d'étape liés à des réalisations de développement et réglementaires.

L'acquisition confère des droits sur des applications bispécifiques et multispecifiques basées sur l'anticorps parental Claudin 18.2 (CLDN18.2), incluant des bispécifiques et des ADCs, complétant l'anticorps bispécifique CLDN18.2 x 4-1BB givastomig d'I-Mab. Il s'agit d'une opération de cash-out liée à des jalons définis.

I-Mab (IMAB) hat den Erwerb von Bridge Health Biotech abgeschlossen, wodurch eine zuvor bekannt gegebene Vereinbarung über die hundertprozentig Tochtergesellschaft I-Mab Biopharma Hong Kong Limited erfüllt wird. Gemäß der Vereinbarung erhalten Bridge Health-Aktionäre eine upfront Zahlung von $1.8 million und zusätzliche nicht kontingente Zahlungen von $1.2 million bis 2027, sowie bis zu $3.875 million Meilensteinzahlungen, die an Entwicklungs- und regulatorische Erfolge gebunden sind.

Die Übernahme gewährt Rechte auf bispezifische und multispezifische Anwendungen basierend auf dem elterlichen Antikörper Claudin 18.2 (CLDN18.2), einschließlich Bispecifics und ADCs, und ergänzt den CLDN18.2 x 4-1BB Bispecific-Antikörper givastomig von I-Mab. Es handelt sich um eine Cash-out-Transaktion, die an definierte Meilensteine geknüpft ist.

أغلقت I-Mab (IMAB) استحواذها على Bridge Health Biotech، مكتملة صفقة سابقة أعلنت عنها من خلال الشركة الفرعية I-Mab Biopharma Hong Kong Limited المملوكة بالكامل. وفقاً للاتفاق، يحصل مساهمو Bridge Health على دفعة مقدمة قدرها $1.8 million ودفعـات غير مشروطة إضافية بقيمة $1.2 million حتى 2027، بالإضافة إلى حتى $3.875 million من دفعات milestones مرتبطة بإنجازات التطوير والتنظيم.

تمنح الصفقة حقوقاً في تطبيقات ثنائية وتعددية التحدد استناداً إلى الأجسام المضادة CLDN18.2 الأم، بما فيها ثنائية التخصص والتسلسلات المرتبطة، وتكمل جسم I-Mab ثنائي التخصص givastomig من CLDN18.2 x 4-1BB. هذه معاملة خروج نقدي مرتبطة بمراحل محددة.

I-Mab (IMAB) 已完成对 Bridge Health Biotech 的收购,通过其全资子公司 I-Mab Biopharma Hong Kong Limited 完成了此前披露的交易。根据协议,Bridge Health 的股东将获得 upfront $1.8 million,以及直到 2027 年的额外非有条件支付 $1.2 million,再加上最高 $3.875 million 的里程碑支付,这些支付与开发和监管目标的实现相关。

此次收购提供基于 Claudin 18.2 (CLDN18.2) 母抗体的双特异性和多特异性应用的权利,包括双特异性和 ADCs,与 I-Mab 的 CLDN18.2 x 4-1BB 双特异性抗体 givastomig 相辅。这是一笔与既定里程碑相关的现金支出交易。

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2025

 

 

Commission File Number: 001-39173

 

 

I-MAB

2440 Research Boulevard, Suite 400

Rockville, MD 20850

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒                Form 40-F ☐

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

On October 28, 2025, I-MAB (the “Company”) announced the closing of the previously disclosed transaction pursuant to which its wholly owned subsidiary, I-Mab Biopharma Hong Kong Limited (“I-Mab Biopharma”), agreed to acquire 100% ownership of Bridge Health Biotech Co., Ltd. (“Bridge Health”) pursuant to an Equity Purchase Agreement, dated July 17, 2025, by and among I-Mab Biopharma, Bridge Health, the Sellers party thereto and Runsheng Li, in his capacity as the representative of Sellers (the “Purchase Agreement”).

As previously disclosed by the Company in its report on Form 6-K furnished with the U.S. Securities and Exchange Commission (the “SEC”) on July 17, 2025, under the terms of the Purchase Agreement, I-Mab Biopharma agreed to pay Bridge Health shareholders an upfront payment of $1.8 million and non-contingent payments of $1.2 million through 2027. In addition, Bridge Health shareholders may receive future milestone payments of up to $3.875 million, subject to the achievement of certain development and regulatory milestones.

The transaction provides the Company with rights to bispecific and multi-specific applications (including bispecific and multi-specific antibodies and antibody drug conjugates (ADCs)) based on the Claudin 18.2 (CLDN18.2) parental antibody used in the Company’s CLDN18.2 x 4-1BB bispecific antibody, givastomig.

The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which was filed as Exhibit 1.1 to the Company’s report on Form 6-K furnished with the SEC on July 17, 2025, and is incorporated herein by reference.

The information set forth in this report on Form 6-K shall be deemed to be incorporated by reference into the Company’s Registration Statements on Form F-3 (File No. 333-286954) and Form S-8 (File No. 333-239871, File No. 333-256603, File No. 333-265684, File No. 333-279842 and File No. 333-290195) (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this Form 6-K is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.


 

 

 


SIGNATURES

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, thereunto duly authorized.

 

 

I-MAB

 

 

 

By

:

/s/ Xi-Yong Fu

 

Name

:

Xi-Yong (Sean) Fu

 

Title

:

Chief Executive Officer

 

Date: October 28, 2025


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Biotechnology
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United States
Rockville