UBX Files Post-Effective Amendment to Remove Unsold S-8 Registered Shares
Rhea-AI Filing Summary
Unity Biotechnology filed Post-Effective Amendment No. 1 to terminate the effectiveness of multiple Form S-8 registration statements and to remove from registration all unsold shares of its common stock previously registered under those S-8s. The amendment lists ten prior S-8 filings and the original number of shares registered under each plan, and notes the listed totals do not reflect any interim corporate actions such as stock splits.
Positive
- Removed unsold shares from registration under ten S-8 registration statements, clarifying the company’s registered-but-unsold equity status
- Provides a clear list of each S-8 filing and the original number of shares registered under each plan
Negative
- None.
Insights
TL;DR: The company formally deregistered unsold employee-plan shares, a routine housekeeping step with limited direct operational impact.
The filing terminates the effectiveness of ten S-8 registration statements and removes unsold shares previously registered for equity incentive and employee stock purchase plans. This action aligns the public record with the company’s current equity plan status and reduces the amount of publicly registered but unsold shares. The filing explicitly lists the original registered share amounts for each S-8 and disclaims adjustments for interim corporate actions.
TL;DR: Administrative deregistration of unsold S-8 shares; no financial results or new transactions disclosed.
The document is a post-effective amendment that removes from registration any and all unsold common stock under ten identified S-8 registration statements ranging in original registered amounts per filing. The filing contains no earnings, financing, or transaction details and contains a caution that listed numbers exclude any corporate actions taken since filing. This is procedural and provides clarity on registered share availability.