Form 8-K/A date of report 08-15-23 true 0001053691 0001053691 2023-08-15 2023-08-15

 

 

 

 

 

 

 

 

 

 

 

 

Registrant’s telephone number, including area code: (617) 744-4400

 

 

 

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:

 

 

 

 

 

 

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. ☐

 

 

 

 

On August 16, 2023, the Delaware corporation formerly known as “Diffusion Pharmaceuticals Inc.” completed its previously announced merger transaction in accordance with the terms and conditions of the Agreement and Plan of Merger, dated as of March 30, 2023 (the “Merger Agreement”), by and among Diffusion Pharmaceuticals Inc. (“Diffusion”), Dawn Merger Sub Inc., a wholly owned subsidiary of Diffusion (“Merger Sub”), and EIP Pharma, Inc. (“EIP”), pursuant to which Merger Sub merged with and into EIP, with EIP surviving the merger as a wholly owned subsidiary of Diffusion (the “Merger”). Additionally, on August 16, 2023, the Company changed its name from “Diffusion Pharmaceuticals Inc.” to “CervoMed Inc.” (the “Company”).

 

On August 17, 2023, the Company filed a Current Report on Form 8-K (the “Original Form 8-K”) reporting, among other items, the consummation of the Merger. This Amendment No. 1 to Current Report on Form 8-K amends the Original Form 8-K to (i) include a correction to the number of Exchange Shares (as that term is defined in the Original Form 8-K) under Item 2.01 of the Original Form 8-K and (ii) provide the Company’s Business section, Risk Factors section, and Management’s Discussion and Analysis of Financial Condition and Results of Operations section under Item 8.01, which were excluded from the Original Form 8-K in reliance on the instructions to such Item.

 

Item 2.01         Completion of Acquisition or Disposition of Assets

 

The third sentence of the third paragraph of Item 2.01 of the Original Form 8-K is hereby amended and restated in its entirety to read as set forth below:

 

“At the Effective Time, each outstanding share of EIP capital stock (after giving effect to (i) the automatic conversion of all shares of EIP preferred stock into shares of EIP common stock, (ii) the conversion of EIP’s convertible notes into shares of EIP common stock, and excluding any shares held as treasury stock by EIP or held or owned by Diffusion or any subsidiary of Diffusion or EIP and any dissenting shares) was converted into the right to receive 0.1151 shares of Diffusion common stock, which resulted in the issuance by Diffusion of an aggregate of 4,314,033 shares of Diffusion common stock to the stockholders of EIP (the “Exchange Shares”). Immediately following the Effective Time, there were 5,674,250 shares of the Company issued and outstanding.”

 

Item 8.01.         Other Events

 

The Company’s Business section, the Company’s Risk Factors section and the Company’s Management’s Discussion and Analysis of Financial Condition and Results of Operations section are filed herewith as Exhibits 99.1, 99.2 and 99.3, respectively, and incorporated herein by reference.

 

Item 9.01         Financial Statements and Exhibits

 

(d)         Exhibits

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.