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Repare Therapeutics (NASDAQ: RPTX) holders OK sale plan and backup

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Repare Therapeutics Inc. reported the results of a Special Meeting of shareholders held on January 16, 2026. Shareholders approved a special resolution for a plan of arrangement under Québec corporate law, under which Xeno Acquisition Corp. will acquire all of the issued and outstanding common shares, subject to the terms described in the company’s proxy statement.

The arrangement resolution passed with strong support, receiving 25,954,251 votes for and 58,162 against, with 4,811 abstentions, representing 99.76% of votes cast. Excluding votes required to be excluded under Multilateral Instrument 61-101, 25,879,894 votes for and 58,162 against, with 4,811 abstentions, also equaled 99.76% of votes cast.

Shareholders also approved, on an advisory non-binding basis, the compensation related to the transaction, with 25,846,791 votes for and 166,117 against. As a contingency if the arrangement were not approved or is later terminated, shareholders passed resolutions authorizing a potential voluntary liquidation and dissolution of the company and the possible appointment of KPMG LLP or another nationally recognized liquidator.

Positive

  • None.

Negative

  • None.

Insights

Shareholders overwhelmingly back a full sale of Repare, with a contingent liquidation plan in place if the deal does not complete.

The Special Meeting results show very strong shareholder support for a plan of arrangement in which Xeno Acquisition Corp. will acquire all outstanding common shares of Repare Therapeutics Inc.. The arrangement resolution drew 25,954,251 votes for versus 58,162 against, or 99.76% of votes cast, and the same 99.76% approval when excluding votes required under MI 61-101. This level of support indicates broad alignment among voting shareholders with the transaction terms described in the proxy statement.

In addition to approving the transaction structure, shareholders backed, on an advisory and non-binding basis, compensation tied to the arrangement, with 25,846,791 votes for and 166,117 against. They also approved contingency resolutions that would permit voluntary liquidation and dissolution, and the appointment of KPMG LLP or another nationally recognized liquidator, if the arrangement is not completed. These approvals provide a defined governance framework for either a successful closing of the sale or an orderly wind-down, depending on future developments.

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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): January 16, 2026

 

 

Repare Therapeutics Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Québec   001-39335   Not applicable

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

7171 Frederick-Banting, Building 2, Suite 270  
St-Laurent, Québec, Canada   H4S 1Z9
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code: (857) 412-7018

Not Applicable

(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

 

Name of each exchange

on which registered

Common shares, no par value   RPTX   The Nasdaq Stock Market LLC

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 5.07 Submission of Matters to a Vote of Security Holders

On January 16, 2026, Repare Therapeutics Inc., a corporation governed by the Business Corporations Act (Québec) (the “Company”), held a Special Meeting (the “Meeting”) of the holders of the Company’s shares (the “Common Shares,” and the holders of such Common Shares, the “Shareholders”), at which a quorum was present. At the Meeting, the Company’s Shareholders voted on the four proposals set forth below. A more detailed description of each proposal is set forth in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on December 15, 2025 (the “Proxy Statement”).

Proposal 1 - The Arrangement

Pursuant to an order from the Superior Court of Québec (Commercial Division), dated as of December 10, 2025, to consider, and, if thought advisable, to pass, with or without variation, a special resolution (the “Arrangement Resolution”) approving a plan of arrangement under Chapter XVI - Division II of the Business Corporations Act (Québec) (the “QBCA”) involving the Company and Xeno Acquisition Corp., a company existing under the laws of Delaware (the “Purchaser”), whereby the Purchaser will, among other things, acquire all of the issued and outstanding Common Shares (as defined in the Proxy Statement) (the “Arrangement”). The Arrangement Resolution was approved by (i) 99.76% of the votes cast by Shareholders present in person or represented by proxy at the Meeting and (ii) 99.76% of the votes cast by Shareholders present in person or represented by proxy at the Meeting, excluding for this purpose the votes required to be excluded by Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”), which excludes common shares held by related parties that are receiving a “collateral benefit” (as defined in MI 61-101) in connection with the Arrangement. The votes cast were as follows:

Shareholders

 

Votes For

 

Votes Against

 

Abstain

25,954,251   58,162   4,811

Shareholders, excluding the votes that must be excluded pursuant to MI 61-101 

 

Votes For

 

Votes Against

 

Abstain

25,879,894   58,162   4,811

Proposal 2 - The Compensation Resolution

An ordinary resolution to approve, on an advisory and non-binding basis, the compensation to be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the Arrangement. The votes cast were as follows:

 

Votes For

 

Votes Against

 

Abstain

25,846,791   166,117   4,316

Proposal 3 - The Liquidation Resolution

In the event that the Arrangement Resolution is not approved or the Arrangement is otherwise terminated, to consider, and if thought advisable, to pass, with or without variation, a special resolution pursuant to Section 308 of the QBCA to approve the voluntary liquidation and dissolution of the Company in the event the Arrangement is terminated. The votes cast were as follows:

 

Votes For

 

Votes Against

 

Abstain

25,951,582   59,405   6,237


Proposal 4 - The Liquidator Resolution

In the event that the Arrangement Resolution is not approved or the Arrangement is otherwise terminated, and to consider, and if thought advisable, to pass, with or without variation, a special resolution pursuant to Section 325 of the QBCA to approve the appointment of KPMG LLP or, in the alternative, another liquidator of nationally recognized experience, as the liquidator of the Company with authorization for the board of directors of the Company to set the remuneration of the liquidator. The votes cast were as follows:

 

Votes For

 

Votes Against

 

Abstain

25,951,804   59,820   5,600

Item 7.01 Regulation FD Disclosure

On January 16, 2026, the Company issued a press release announcing the results of the voting at the Special Meeting. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information contained herein and in the accompanying exhibit is not incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

 

Exhibit

No.

   Description
99.1    Press Release dated January 16, 2026.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


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 hereunto duly authorized.

 

REPARE THERAPEUTICS INC.
By:  

/s/ Steve Forte

  Steve Forte
  President, Chief Executive Officer and Chief Financial Officer

Dated: January 16, 2026

FAQ

What did Repare Therapeutics (RPTX) shareholders approve at the Special Meeting?

Shareholders approved a special resolution for a plan of arrangement under Québec law in which Xeno Acquisition Corp. will acquire all issued and outstanding common shares of Repare Therapeutics Inc..

How strong was shareholder support for the Repare Therapeutics acquisition plan?

The arrangement resolution received 25,954,251 votes for and 58,162 against, with 4,811 abstentions, representing 99.76% of votes cast; the same 99.76% approval applied when excluding votes required under MI 61-101.

What is the MI 61-101 exclusion mentioned for Repare Therapeutics (RPTX)?

For a separate count, votes from related parties receiving a “collateral benefit” under Multilateral Instrument 61-101 were excluded; even on this basis, 25,879,894 votes for and 58,162 against yielded 99.76% support for the arrangement.

Did Repare Therapeutics shareholders approve executive compensation related to the arrangement?

Yes. An advisory, non-binding compensation resolution covering amounts based on or related to the arrangement was approved with 25,846,791 votes for, 166,117 against, and 4,316 abstentions.

What happens if the Repare Therapeutics acquisition arrangement is not completed?

Shareholders approved special resolutions that, if the arrangement is not approved or is terminated, authorize voluntary liquidation and dissolution of the company and the appointment of KPMG LLP or another nationally recognized liquidator.

What disclosure did Repare Therapeutics provide under Regulation FD in this 8-K?

The company stated it issued a press release on January 16, 2026 announcing the Special Meeting voting results and furnished it as Exhibit 99.1, noting this information is furnished and not deemed filed under the Exchange Act.
Repare Therapeutics Inc.

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