UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
On May 13, 2024, Karyopharm Therapeutics Inc. (the “Company”) closed its previously announced exchange of approximately $148.0 million aggregate principal amount of the Company’s 3.00% Convertible Senior Notes due 2025 for (i) approximately $111.0 million aggregate principal amount of the Company’s new secured 6.00% Convertible Senior Notes due 2029 and (ii) warrants to purchase up to approximately 46.0 million shares of the Company’s common stock, par value $0.0001 per share.
The representations, warranties and covenants contained in the various agreements and other documents included as exhibits herewith were made solely for the benefit of the parties thereto and may be subject to limitations agreed upon by the contracting parties. Accordingly, these agreements and documents are only to provide investors with information regarding the terms thereof and not to provide investors with any other factual information regarding the Company or its business, and such agreements and documents should be read in conjunction with the disclosures in the Company’s periodic reports and other filings with the Securities and Exchange Commission.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 14, 2024
| KARYOPHARM THERAPEUTICS INC. | ||
| By: | /s/ Michael Mano | |
| Michael Mano | ||
| Senior Vice President, General Counsel and Secretary | ||