[S-8 POS] Verve Therapeutics, Inc. SEC Filing
Verve Therapeutics, Inc. ("Verve") filed Post-Effective Amendment No. 1 to five previously effective Form S-8 registration statements that in aggregate covered approximately 31.2 million shares of common stock reserved for the company’s 2018 Equity Incentive Plan, 2021 Stock Incentive Plan, Amended & Restated 2021 Employee Stock Purchase Plan, and 2024 Inducement Stock Incentive Plan.
On 25 July 2025, Verve completed its merger with Eli Lilly and Company through Ridgeway Acquisition Corporation and is now an indirect, wholly-owned Lilly subsidiary. Because Verve will no longer issue shares to the public, it has terminated all offerings under the S-8s and is deregistering any unsold shares that remained available under the equity plans. After effectiveness of these amendments, no Verve securities remain registered with the SEC pursuant to the referenced S-8 filings.
The document is purely administrative: it does not introduce new financing, earnings data, or changes to plan terms. It simply formalises the cleanup of outstanding share registrations following the closing of the Lilly transaction.
- Merger completion with Eli Lilly confirmed, eliminating the need for separate Verve share registrations and potential equity overhang.
- None.
Insights
TL;DR: Procedural filing removes 31 M unsold S-8 shares after Lilly acquisition; no financial impact.
The post-effective amendments are standard practice once a target is folded into a parent company. All equity incentive and purchase plan shares that were previously registered but not issued are now withdrawn, eliminating any potential share overhang. No new securities are being offered, so dilution risk is moot. Because the merger closed on 25 July 2025, investors have already priced in the corporate action. Impact to remaining stakeholders (now Lilly) is negligible; the action simply tidies the SEC register.
TL;DR: Filing fulfills Rule 478 obligations; confirms Verve’s transition to private status inside Lilly.
Deregistering unsold S-8 shares demonstrates compliance with undertakings in each registration statement and avoids unnecessary reporting obligations. It signals that Verve’s standalone equity compensation programs will either be rolled into Lilly plans or settled in parent shares going forward. Corporate governance risk is minimal because the parent now controls all voting power; minority public shareholders no longer exist. The filing is therefore largely housekeeping, with no material governance or capital-structure consequences.