STOCK TITAN

NextCure CMO Udayan Guha to leave October 31, 2026

Additional change-in-control severance for Dr. Udayan Guha is conditional on closing the pending merger.

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Form Type
8-K

Rhea-AI Filing Summary

NextCure, Inc. (NXTC) determined that Chief Medical Officer and named executive officer Dr. Udayan Guha’s employment will terminate effective October 31, 2026, in contemplation of the pending merger with Avere Therapeutics, Inc.

A severance agreement and release provides benefits consistent with a termination without cause under Dr. Guha’s existing employment agreement, in exchange for a release of claims. Additional severance equal to the agreement’s enhanced benefits for a termination without cause in relation to a change in control is subject to and conditioned upon the merger closing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
termination without cause regulatory
"severance benefits for a termination without cause"
change in control regulatory
"termination without cause in relation to a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
release of claims regulatory
"In exchange for a release of claims in favor of the Company"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will NextCure (NXTC) Chief Medical Officer Udayan Guha leave?

NextCure determined that Dr. Udayan Guha’s employment will terminate effective October 31, 2026, in contemplation of its pending merger with Avere Therapeutics, Inc.

What severance will Dr. Udayan Guha receive from NextCure (NXTC)?

The agreement provides benefits consistent with a termination without cause under his existing employment agreement, in exchange for a release of claims. Additional change-in-control severance is subject to and conditioned upon the merger closing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): October 26, 2026

 

NextCure, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction of incorporation)

 

001-38905
(Commission File Number)

 

47-5231247
(IRS Employer Identification No.)

 

 

​

​

2850 Quarry Lake Drive, Suite 280

Baltimore, Maryland

 

21209

(Address of principal

 

(Zip Code)

executive offices)

 

 

(240) 399-4900 

Registrant's 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 obligation 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 Symbol(s)

Name of each exchange on which registered

Common Stock, $0.001 par value per share

NXTC

Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

​

On October 26, 2026 NextCure, Inc. (the “Company”) determined that the employment of Dr. Udayan Guha, M.D., Ph.D., Chief Medical Officer and a named executive officer of the Company, will be terminated effective October 31, 2026, in contemplation of the pending merger of the Company and Avere Therapeutics, Inc (the “Merger”).

​

In connection with his departure, Dr. Guha entered into a severance agreement and release with the Company (the “Severance Agreement”). In exchange for a release of claims in favor of the Company, the Severance Agreement provides for severance benefits consistent with those provided for a termination without cause under Dr. Guha’s existing employment agreement, as described in the Company’s Definitive Proxy Statement, filed with the Securities and Exchange Commission on April 24, 2026 (the “Employment Agreement”). Subject to and conditioned upon the occurrence of the closing of the Merger, the Severance Agreement provides for additional severance equal to the enhanced severance benefits for a termination without cause in relation to a change in control, as set forth in Dr. Guha’s Employment Agreement.

​

The Company and its Board of Directors thank Dr. Guha for his leadership at the Company and are grateful for his many valuable contributions during his tenure.

​

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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.

 

 

November

Dated: October 30, 2026

NEXTCURE, INC.

​

 

 

 

 

By:

/s/ Steven P. Cobourn

 

Name:

Steven P. Cobourn

 

Title:

Chief Financial Officer

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