[S-8 POS] Verve Therapeutics, Inc. SEC Filing
Verve Therapeutics, Inc. (VERV) has filed Post-Effective Amendment No. 1 to each of its five outstanding Form S-8 registration statements. The amendments formally deregister all unsold shares—originally up to roughly 31.18 million shares reserved for the 2018 Equity Incentive Plan, 2021 Stock Incentive Plan, Amended & Restated 2021 ESPP and the 2024 Inducement Plan.
The administrative action follows the 25 July 2025 closing of the merger under which Ridgeway Acquisition Corp., a subsidiary of Eli Lilly & Co., merged with Verve. Verve survives as an indirect, wholly owned Lilly subsidiary, and all public offerings of its common stock have been terminated. In line with undertakings in each S-8, the company is required to remove from registration any securities that remained unsold once the plans ceased to issue shares.
Investor impact: The filing is procedural, confirming that no Verve equity will be issued post-merger. It eliminates potential future dilution but does not alter the economic terms previously agreed for shareholders in the Lilly acquisition.
- Merger with Eli Lilly closed, eliminating execution risk for prior shareholders
- Deregistration of ~31.2 million unsold shares prevents future dilution
- None.
Insights
TL;DR: Verve deregisters unsold plan shares after Lilly merger; purely administrative, removes potential future dilution.
The S-8 POS filings satisfy Rule 478 obligations after the July 25 closing of Lilly’s acquisition. By terminating the registrations, Verve avoids ongoing SEC reporting for the plans and eliminates any residual issuance authority—an expected step once the equity plans are discontinued. There are no new financial commitments, contingencies or dilution risks. Impact on Lilly is immaterial and confined to administrative savings.
TL;DR: Filing signals deal consummation; neutral on valuation as cash-out terms already fixed.
Completion of the merger was already priced into Verve’s shares after the tender offer. The deregistration confirms closing, removes residual float, and finalizes Verve’s transition to a private, wholly owned Lilly unit. No incremental earnings, guidance or liabilities arise, so the market effect should be negligible beyond removing deal-closure uncertainty.