AG˹ٷ

STOCK TITAN

[Form 4] Verve Therapeutics, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Lantern Pharma Inc. (LTRN) filed a preliminary proxy (Form PRE-14A) for its virtual 2025 Annual Meeting, scheduled 19 September 2025 at 11:00 a.m. ET. Holders of record on 28 July 2025 will vote on four proposals:

  • Elect six directors (current slate; five qualify as independent).
  • Reprice 314,633 underwater stock options (�25 % of total outstanding options). Grants with strikes >$10 will reset to $5.04�125 % of the 10-day VWAP—if holders remain employed/serving for 12 months after shareholder approval. All other terms, including vesting, remain unchanged.
  • Ratify EisnerAmper LLP as independent auditor for FY-2025 (2024 audit fees $215k; total audit-related fees $381k).
  • Authorize an adjournment if additional proxies are needed.

Share count stands at 10.78 m; the largest holder is Bios Equity entities (9.98 %). Quorum requires 33.3 % of voting power; directors are elected by plurality, other items need majority. The Board unanimously recommends FOR all proposals, citing retention and alignment benefits from the option repricing after a multi-year share-price decline (recent close $4.24). No new share issuance or financing is proposed.

Lantern Pharma Inc. (LTRN) ha depositato un proxy preliminare (Modulo PRE-14A) per la sua riunione annuale virtuale del 2025, prevista per il 19 settembre 2025 alle 11:00 ET. I detentori registrati al 28 luglio 2025 voteranno su quattro proposte:

  • Eleggere sei amministratori (lista attuale; cinque sono indipendenti).
  • Rivalutare 314.633 opzioni azionarie sottostanti (circa il 25% del totale opzioni in circolazione). Le opzioni con prezzo di esercizio superiore a $10 verranno ricalibrate a $5,04�125% della VWAP a 10 giorni—se i titolari restano impiegati o in carica per 12 mesi dopo l’approvazione degli azionisti. Tutti gli altri termini, inclusa la maturazione, rimangono invariati.
  • Ratificare EisnerAmper LLP come revisore indipendente per l’esercizio 2025 (onorari di revisione 2024 $215k; totale onorari correlati $381k).
  • Autorizzare una sospensione della riunione qualora siano necessari ulteriori proxy.

Il numero di azioni in circolazione è di 10,78 milioni; il maggiore azionista è Bios Equity con il 9,98%. Il quorum richiede il 33,3% del potere di voto; gli amministratori sono eletti a maggioranza relativa, mentre gli altri punti richiedono maggioranza assoluta. Il Consiglio raccomanda all’unanimità di VOTARE A FAVORE di tutte le proposte, sottolineando i benefici di mantenimento e allineamento derivanti dalla rivalutazione delle opzioni dopo un calo pluriennale del prezzo delle azioni (ultimo prezzo di chiusura $4,24). Non è prevista alcuna nuova emissione di azioni o finanziamento.

Lantern Pharma Inc. (LTRN) presentó un proxy preliminar (Formulario PRE-14A) para su reunión anual virtual de 2025, programada para el 19 de septiembre de 2025 a las 11:00 a.m. ET. Los titulares registrados al 28 de julio de 2025 votarán sobre cuatro propuestas:

  • Elegir a seis directores (lista actual; cinco califican como independientes).
  • Revalorar 314,633 opciones de acciones con precio de ejercicio superior al mercado (aproximadamente el 25% del total de opciones en circulación). Las opciones con precio superior a $10 se reajustarán a $5.04�125% del VWAP de 10 días—si los titulares permanecen empleados o en servicio durante 12 meses después de la aprobación de los accionistas. Todos los demás términos, incluyendo el período de adquisición, permanecerán sin cambios.
  • Ratificar a EisnerAmper LLP como auditor independiente para el año fiscal 2025 (honorarios de auditoría 2024 $215k; honorarios totales relacionados con auditoría $381k).
  • Autorizar un aplazamiento si se necesitan proxies adicionales.

El número de acciones en circulación es de 10.78 millones; el mayor accionista es Bios Equity con un 9.98%. El quórum requiere el 33.3% del poder de voto; los directores se eligen por pluralidad, los demás temas requieren mayoría. La Junta recomienda unánimemente VOTAR A FAVOR de todas las propuestas, citando beneficios de retención y alineación derivados de la revalorización de opciones tras una caída prolongada del precio de las acciones (último cierre $4.24). No se propone ninguna nueva emisión de acciones ni financiamiento.

Lantern Pharma Inc. (LTRN)� 2025� 9� 19� 오전 11�(동부시간)� 예정� 2025� 가� 연례 주주총회� 위한 예비 위임� 서류(Form PRE-14A)� 제출했습니다. 2025� 7� 28� 기준 주주들은 � 가지 안건� 대� 투표� 예정입니�:

  • 6명의 이사 선임 (현재 명단; 5명은 독립 이사 자격).
  • 가� 조정 314,633개의 행사가격이 현재 주가보다 높은 스톡옵션(전체 발행 옵션� � 25%). 행사가격이 $10 이상� 옵션은 주주 승인 � 12개월� 재직 � 10� VWAP� 125%� $5.04� 조정됩니�. 기타 조건(베스� 포함)은 변경되지 않습니다.
  • 2025 회계연도 독립 감사인으� EisnerAmper LLP 승인 (2024� 감사 수수� $215k; � 감사 관� 수수� $381k).
  • 추가 위임장이 필요� 경우 회의 연기 승인.

발행 주식 수는 1,078� 주이�, 최대 주주� Bios Equity 계열사로 9.98%� 보유하고 있습니다. 정족수는 의결권의 33.3%이며, 이사� 다수 득표제로 선출되고 기타 안건은 과반� 찬성� 필요합니�. 이사회는 다년� 주가 하락 이후 옵션 가� 조정� 따른 직원 유지 � 이해관� 일치 효과� 이유� 모든 안건� 대� 만장일치� 찬성 권고� 하고 있습니다(최근 종가 $4.24). 신규 주식 발행이나 자금 조달 계획은 없습니다.

Lantern Pharma Inc. (LTRN) a déposé un proxy préliminaire (formulaire PRE-14A) pour son assemblée annuelle virtuelle de 2025, prévue le 19 septembre 2025 à 11h00 ET. Les détenteurs inscrits au 28 juillet 2025 voteront sur quatre propositions :

  • Élection de six administrateurs (liste actuelle ; cinq sont indépendants).
  • ééܲپDz de 314 633 options d’achat d’actions sous le cours (environ 25 % du total des options en circulation). Les options avec un prix d’exercice supérieur à 10 $ seront ajustées à 5,04 $ � soit 125 % de la VWAP sur 10 jours � si les titulaires restent employés ou en fonction pendant 12 mois après l’approbation des actionnaires. Tous les autres termes, y compris la période d’acquisition, restent inchangés.
  • Ratification d’EisnerAmper LLP en tant qu’auditeur indépendant pour l’exercice 2025 (honoraires d’audit 2024 de 215 000 $ ; honoraires totaux liés à l’audit de 381 000 $).
  • Autorisation de la suspension de l’assemblée si des procurations supplémentaires sont nécessaires.

Le nombre d’actions en circulation est de 10,78 millions ; le principal actionnaire est Bios Equity avec 9,98 %. Le quorum exige 33,3 % du pouvoir de vote ; les administrateurs sont élus à la pluralité, les autres points requièrent une majorité. Le conseil recommande à l’unanimité de VOTER POUR toutes les propositions, soulignant les avantages en termes de fidélisation et d’alignement résultant de la réévaluation des options après une baisse prolongée du cours de l’action (dernier cours de clôture 4,24 $). Aucune nouvelle émission d’actions ou financement n’est proposé.

Lantern Pharma Inc. (LTRN) hat eine vorläufige Vollmachtserklärung (Formular PRE-14A) für seine virtuelle Hauptversammlung 2025 eingereicht, die für den 19. September 2025 um 11:00 Uhr ET geplant ist. Die zum 28. Juli 2025 eingetragenen Aktionäre werden über vier Vorschläge abstimmen:

  • Wahl von sechs Direktoren (aktueller Kandidatenvorschlag; fünf gelten als unabhängig).
  • Neubewertung von 314.633 unter dem aktuellen Kurs liegenden Aktienoptionen (ca. 25 % der insgesamt ausstehenden Optionen). Optionen mit Ausübungspreisen über $10 werden auf $5,04 zurückgesetzt � 125 % des 10-Tage VWAP � sofern die Inhaber 12 Monate nach Aktionärszustimmung weiterhin beschäftigt oder im Amt sind. Alle anderen Bedingungen, einschließlich der Vesting-Bedingungen, bleiben unverändert.
  • Bestätigung von EisnerAmper LLP als unabhängiger Abschlussprüfer für das Geschäftsjahr 2025 (Prüfungsgebühren 2024 $215k; insgesamt prüfungsbezogene Gebühren $381k).
  • Ermächtigung zur Vertagung, falls zusätzliche Vollmachten benötigt werden.

Die Aktienanzahl beträgt 10,78 Mio.; der größte Anteilseigner ist Bios Equity mit 9,98 %. Das Quorum erfordert 33,3 % der Stimmrechte; Direktoren werden nach Mehrheitswahlprinzip gewählt, andere Punkte benötigen eine einfache Mehrheit. Der Vorstand empfiehlt einstimmig, allen Vorschlägen ZUZUSTIMMEN, und verweist auf Vorteile bezüglich Mitarbeiterbindung und Ausrichtung durch die Options-Neubewertung nach mehrjährigem Kursrückgang (aktueller Schlusskurs $4,24). Es sind keine neuen Aktienausgaben oder Finanzierungen geplant.

Positive
  • Majority-independent board with clear committee oversight enhances governance.
  • Option repricing strike set 19 % above market, limiting dilution while improving retention.
  • No new equity authorization; uses existing plan shares, keeping share overhang unchanged.
  • Virtual meeting increases accessibility for global shareholders.
Negative
  • Stock price has fallen significantly, leaving 25 % of options deeply underwater.
  • Repricing may be viewed as shareholder-unfriendly and could generate modest incremental accounting expense.
  • Auditor fees increased to $381k in 2024 vs. $259k in 2023.
  • Potential dilution if repriced options are exercised at $5.04 vs. prior >$10 strikes.

Insights

TL;DR: Option repricing improves staff retention but introduces modest dilution; otherwise routine proxy items—net neutral to valuation.

The repricing covers 314.6k options—just 2.9 % of basic shares—and sets a 19 % premium to the market, limiting immediate dilution. By requiring 12-month continued service before the lower strike applies, Lantern protects against short-term churn. No additional equity is issued, and total option overhang is unchanged. Election of incumbents and auditor ratification are procedural. Because no capital raise, dividend, or strategic shift is presented, the filing does not materially alter cash flow prospects or near-term catalysts. Investors should monitor the vote to gauge governance sentiment but, absent surprises, I view impact as neutral.

TL;DR: Board remains majority-independent; repricing signals performance misalignment yet applies shareholder-friendly safeguards—neutral governance impact.

The proxy confirms that five of six directors meet Nasdaq independence tests, with robust committee structures. Repricing underwater options can appear shareholder-unfriendly, but the Board mitigates concerns via: (1) strike set above market (125 % VWAP); (2) no acceleration of vesting; (3) 12-month retention requirement; and (4) use of existing plan shares, avoiding added dilution. Auditor fees rose YoY but remain reasonable for a micro-cap biotech. Overall, governance standards are maintained, though the need to re-align incentives highlights prior stock under-performance.

Lantern Pharma Inc. (LTRN) ha depositato un proxy preliminare (Modulo PRE-14A) per la sua riunione annuale virtuale del 2025, prevista per il 19 settembre 2025 alle 11:00 ET. I detentori registrati al 28 luglio 2025 voteranno su quattro proposte:

  • Eleggere sei amministratori (lista attuale; cinque sono indipendenti).
  • Rivalutare 314.633 opzioni azionarie sottostanti (circa il 25% del totale opzioni in circolazione). Le opzioni con prezzo di esercizio superiore a $10 verranno ricalibrate a $5,04�125% della VWAP a 10 giorni—se i titolari restano impiegati o in carica per 12 mesi dopo l’approvazione degli azionisti. Tutti gli altri termini, inclusa la maturazione, rimangono invariati.
  • Ratificare EisnerAmper LLP come revisore indipendente per l’esercizio 2025 (onorari di revisione 2024 $215k; totale onorari correlati $381k).
  • Autorizzare una sospensione della riunione qualora siano necessari ulteriori proxy.

Il numero di azioni in circolazione è di 10,78 milioni; il maggiore azionista è Bios Equity con il 9,98%. Il quorum richiede il 33,3% del potere di voto; gli amministratori sono eletti a maggioranza relativa, mentre gli altri punti richiedono maggioranza assoluta. Il Consiglio raccomanda all’unanimità di VOTARE A FAVORE di tutte le proposte, sottolineando i benefici di mantenimento e allineamento derivanti dalla rivalutazione delle opzioni dopo un calo pluriennale del prezzo delle azioni (ultimo prezzo di chiusura $4,24). Non è prevista alcuna nuova emissione di azioni o finanziamento.

Lantern Pharma Inc. (LTRN) presentó un proxy preliminar (Formulario PRE-14A) para su reunión anual virtual de 2025, programada para el 19 de septiembre de 2025 a las 11:00 a.m. ET. Los titulares registrados al 28 de julio de 2025 votarán sobre cuatro propuestas:

  • Elegir a seis directores (lista actual; cinco califican como independientes).
  • Revalorar 314,633 opciones de acciones con precio de ejercicio superior al mercado (aproximadamente el 25% del total de opciones en circulación). Las opciones con precio superior a $10 se reajustarán a $5.04�125% del VWAP de 10 días—si los titulares permanecen empleados o en servicio durante 12 meses después de la aprobación de los accionistas. Todos los demás términos, incluyendo el período de adquisición, permanecerán sin cambios.
  • Ratificar a EisnerAmper LLP como auditor independiente para el año fiscal 2025 (honorarios de auditoría 2024 $215k; honorarios totales relacionados con auditoría $381k).
  • Autorizar un aplazamiento si se necesitan proxies adicionales.

El número de acciones en circulación es de 10.78 millones; el mayor accionista es Bios Equity con un 9.98%. El quórum requiere el 33.3% del poder de voto; los directores se eligen por pluralidad, los demás temas requieren mayoría. La Junta recomienda unánimemente VOTAR A FAVOR de todas las propuestas, citando beneficios de retención y alineación derivados de la revalorización de opciones tras una caída prolongada del precio de las acciones (último cierre $4.24). No se propone ninguna nueva emisión de acciones ni financiamiento.

Lantern Pharma Inc. (LTRN)� 2025� 9� 19� 오전 11�(동부시간)� 예정� 2025� 가� 연례 주주총회� 위한 예비 위임� 서류(Form PRE-14A)� 제출했습니다. 2025� 7� 28� 기준 주주들은 � 가지 안건� 대� 투표� 예정입니�:

  • 6명의 이사 선임 (현재 명단; 5명은 독립 이사 자격).
  • 가� 조정 314,633개의 행사가격이 현재 주가보다 높은 스톡옵션(전체 발행 옵션� � 25%). 행사가격이 $10 이상� 옵션은 주주 승인 � 12개월� 재직 � 10� VWAP� 125%� $5.04� 조정됩니�. 기타 조건(베스� 포함)은 변경되지 않습니다.
  • 2025 회계연도 독립 감사인으� EisnerAmper LLP 승인 (2024� 감사 수수� $215k; � 감사 관� 수수� $381k).
  • 추가 위임장이 필요� 경우 회의 연기 승인.

발행 주식 수는 1,078� 주이�, 최대 주주� Bios Equity 계열사로 9.98%� 보유하고 있습니다. 정족수는 의결권의 33.3%이며, 이사� 다수 득표제로 선출되고 기타 안건은 과반� 찬성� 필요합니�. 이사회는 다년� 주가 하락 이후 옵션 가� 조정� 따른 직원 유지 � 이해관� 일치 효과� 이유� 모든 안건� 대� 만장일치� 찬성 권고� 하고 있습니다(최근 종가 $4.24). 신규 주식 발행이나 자금 조달 계획은 없습니다.

Lantern Pharma Inc. (LTRN) a déposé un proxy préliminaire (formulaire PRE-14A) pour son assemblée annuelle virtuelle de 2025, prévue le 19 septembre 2025 à 11h00 ET. Les détenteurs inscrits au 28 juillet 2025 voteront sur quatre propositions :

  • Élection de six administrateurs (liste actuelle ; cinq sont indépendants).
  • ééܲپDz de 314 633 options d’achat d’actions sous le cours (environ 25 % du total des options en circulation). Les options avec un prix d’exercice supérieur à 10 $ seront ajustées à 5,04 $ � soit 125 % de la VWAP sur 10 jours � si les titulaires restent employés ou en fonction pendant 12 mois après l’approbation des actionnaires. Tous les autres termes, y compris la période d’acquisition, restent inchangés.
  • Ratification d’EisnerAmper LLP en tant qu’auditeur indépendant pour l’exercice 2025 (honoraires d’audit 2024 de 215 000 $ ; honoraires totaux liés à l’audit de 381 000 $).
  • Autorisation de la suspension de l’assemblée si des procurations supplémentaires sont nécessaires.

Le nombre d’actions en circulation est de 10,78 millions ; le principal actionnaire est Bios Equity avec 9,98 %. Le quorum exige 33,3 % du pouvoir de vote ; les administrateurs sont élus à la pluralité, les autres points requièrent une majorité. Le conseil recommande à l’unanimité de VOTER POUR toutes les propositions, soulignant les avantages en termes de fidélisation et d’alignement résultant de la réévaluation des options après une baisse prolongée du cours de l’action (dernier cours de clôture 4,24 $). Aucune nouvelle émission d’actions ou financement n’est proposé.

Lantern Pharma Inc. (LTRN) hat eine vorläufige Vollmachtserklärung (Formular PRE-14A) für seine virtuelle Hauptversammlung 2025 eingereicht, die für den 19. September 2025 um 11:00 Uhr ET geplant ist. Die zum 28. Juli 2025 eingetragenen Aktionäre werden über vier Vorschläge abstimmen:

  • Wahl von sechs Direktoren (aktueller Kandidatenvorschlag; fünf gelten als unabhängig).
  • Neubewertung von 314.633 unter dem aktuellen Kurs liegenden Aktienoptionen (ca. 25 % der insgesamt ausstehenden Optionen). Optionen mit Ausübungspreisen über $10 werden auf $5,04 zurückgesetzt � 125 % des 10-Tage VWAP � sofern die Inhaber 12 Monate nach Aktionärszustimmung weiterhin beschäftigt oder im Amt sind. Alle anderen Bedingungen, einschließlich der Vesting-Bedingungen, bleiben unverändert.
  • Bestätigung von EisnerAmper LLP als unabhängiger Abschlussprüfer für das Geschäftsjahr 2025 (Prüfungsgebühren 2024 $215k; insgesamt prüfungsbezogene Gebühren $381k).
  • Ermächtigung zur Vertagung, falls zusätzliche Vollmachten benötigt werden.

Die Aktienanzahl beträgt 10,78 Mio.; der größte Anteilseigner ist Bios Equity mit 9,98 %. Das Quorum erfordert 33,3 % der Stimmrechte; Direktoren werden nach Mehrheitswahlprinzip gewählt, andere Punkte benötigen eine einfache Mehrheit. Der Vorstand empfiehlt einstimmig, allen Vorschlägen ZUZUSTIMMEN, und verweist auf Vorteile bezüglich Mitarbeiterbindung und Ausrichtung durch die Options-Neubewertung nach mehrjährigem Kursrückgang (aktueller Schlusskurs $4,24). Es sind keine neuen Aktienausgaben oder Finanzierungen geplant.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ADELMAN BURT A

(Last) (First) (Middle)
C/O VERVE THERAPEUTICS, INC.
201 BROOKLINE AVENUE, SUITE 601

(Street)
BOSTON MA 02215

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Verve Therapeutics, Inc. [ VERV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/25/2025 U(1)(2) 428,326 D (1)(2) 0 I Burt A Adelman 2002 Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $5.02 07/25/2025 D 136,139 (3) (3) Common Stock 136,139 (3) 0 D
Stock Option (right to buy) $5.73 07/25/2025 D 42,200 (3) (3) Common Stock 42,200 (3) 0 D
Stock Option (right to buy) $8.98 07/25/2025 D 43,198 (3) (3) Common Stock 43,198 (3) 0 D
Explanation of Responses:
1. In connection with the terms of an Agreement and Plan of Merger, dated as of June 16, 2025 (the "Merger Agreement"), by and among the Issuer, Eli Lilly and Company ("Parent") and Parent's indirect wholly owned subsidiary, Ridgeway Acquisition Corporation ("Purchaser"), Purchaser completed a tender offer for shares of the Issuer's Common Stock. In exchange for each share, tendering stockholders received: (i) $10.50 per share in cash, without interest and less any applicable tax withholding (the "Cash Consideration"); plus (ii) one non-tradable contingent value right (each, a "CVR"), which represents the contractual right to receive a contingent payment of up to $3.00 per CVR, net to the stockholder in cash, without interest
2. (continued from footnote 1) and less any applicable tax withholding, upon the achievement of a certain specified milestone relating to the Issuer's business (the "Milestone Payment"), in accordance with the terms and subject to the conditions of a contingent value rights agreement entered by and among Parent, the Purchaser, and Computershare Inc. and its affiliate, Computershare Trust Company, N.A., as the rights agent. After completion of the tender offer, pursuant to the terms of the Merger Agreement, Purchaser merged with and into the Issuer (the "Merger"), effective as of July 25, 2025, with the Issuer continuing as the surviving entity and a wholly owned subsidiary of Parent (the "Effective Time").
3. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding stock option of Issuer having an exercise price less than the Cash Consideration (each such option, a "Cash-Out Stock Option") that is outstanding immediately prior to the Effective Time, whether or not vested, was automatically cancelled, by virtue of the Merger and without any action on the part of any holder of any Cash-Out Stock Option, and each holder of such Cash-Out Stock Option received (without interest) (i) an amount in cash (less any applicable tax withholdings) equal to the product of (a) the excess, if any, of the Cash Consideration over the applicable exercise price per share underlying such Cash-Out Stock Option multiplied by (b) the total number of shares of the Issuer's Common Stock subject to such Cash-Out Stock Option and (ii) one CVR for each share subject to such Cash-Out Stock Option (without regard to vesting).
/s/ Andrew Ashe, as Attorney-in-Fact for Burt A Adelman 07/28/2025
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FAQ

When is Lantern Pharma's (LTRN) 2025 Annual Meeting?

19 September 2025 at 11:00 a.m. ET, conducted virtually at www.virtualshareholdermeeting.com/LTRN2025.

What proposals will LTRN shareholders vote on?

Election of six directors, approval of one-time option repricing, ratification of EisnerAmper LLP as auditor, and authority to adjourn the meeting if needed.

How many options are subject to the repricing?

314,633 options, about 25 % of the company’s outstanding options pool.

What is the new exercise price for repriced options?

$5.04 per share�125 % of the 10-day VWAP ending 24 July 2025.

Who is LTRN’s largest shareholder?

Bios Equity entities hold 1.08 m shares (9.98 %) as of 23 July 2025.

What record date determines voting eligibility?

Shareholders of record at the close of business on 28 July 2025 can vote.
Verve Therapeutics, Inc.

NASDAQ:VERV

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994.04M
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Biotechnology
Pharmaceutical Preparations
United States
BOSTON