UBX files Post-Effective Amendment to Remove Unsold 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 remove from registration any unsold shares of its common stock previously registered for various equity plans. The amendment lists ten S-8 registrations (from 2018 through 2025) and the original share amounts for each plan, and states the registratio ns are amended to reflect deregistration of all unsold securities.
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Insights
TL;DR Unity deregistered unsold S-8 shares across multiple employee plans, a routine housekeeping filing with limited investor impact.
This filing terminates the effectiveness of ten S-8 registration statements and removes any unsold shares that had been registered for employee equity plans and the employee stock purchase plan. The action is administrative and does not, by itself, change outstanding shares or grant rights; it simply removes the ability to issue those specific registered but unsold shares under the listed registration statements.
TL;DR The amendment is a procedural deregistration of unsold plan shares and reflects no disclosed governance or control changes.
The company specifies each S-8 by file number and original registered share amounts for various incentive and inducement plans. The filing notes that numbers do not reflect interim corporate actions. No executive departures, plan amendments, or transfers of material assets are disclosed; this is consistent with routine post-effective amendment practice.