PainReform (PRFX) files LayerBio acquisition pro forma and audit data
Rhea-AI Filing Summary
PainReform Ltd. reports updated financial information related to its acquisition of LayerBio Inc. The company is acquiring 7,331,378 shares of LayerBio preferred stock, which at closing will represent 51% of LayerBio’s fully diluted share capital under a Preferred Stock Purchase Agreement dated July 8, 2025.
This filing provides three key exhibits: unaudited pro forma condensed combined financial information for PainReform as if the LayerBio acquisition had occurred on January 1, 2024 and on June 30, 2025, audited financial statements of LayerBio for the years ended December 31, 2024 and 2023, and unaudited condensed financial statements of LayerBio for the six months ended June 30, 2025. PainReform notes that the pro forma figures are illustrative only and do not necessarily represent past or future results.
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FAQ
What did PainReform (PRFX) disclose in this Form 6-K?
PainReform Ltd. furnished a Form 6-K that provides unaudited pro forma condensed combined financial information reflecting its planned acquisition of LayerBio Inc., along with LayerBio’s audited and unaudited standalone financial statements for recent periods.
What is the size of PainReform’s stake in LayerBio Inc.?
PainReform is acquiring 7,331,378 shares of preferred stock of LayerBio Inc., which at closing will constitute 51% of LayerBio’s issued and outstanding share capital on a fully diluted basis.
What financial statements of LayerBio are included with PainReform’s 6-K?
The 6-K includes LayerBio’s audited financial statements for the years ended December 31, 2024 and 2023 and unaudited condensed financial statements for the six months ended June 30, 2025.
What periods do the pro forma financials in the PainReform 6-K cover?
The unaudited pro forma condensed combined financial information shows PainReform’s results as if the LayerBio acquisition had occurred on January 1, 2024 and on June 30, 2025.
Are the pro forma financials in the PainReform 6-K predictions of future performance?
No. PainReform states that the unaudited pro forma condensed combined financial information does not necessarily indicate what its results of operations, balance sheets, cash flows, or costs and expenses will be in the future.
How is this PainReform 6-K used in relation to its existing registration statements?
The Form 6-K is incorporated by reference into PainReform’s existing registration statements on Form S-8 and Form F-3, becoming part of those documents from the date it is submitted.