8-K
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 24, 2021

 

 

Intra-Cellular Therapies, Inc.

(Exact name of registrant as specified in its charter)

 

 

Commission File Number: 001-36274

 

Delaware   36-4742850

(State or other jurisdiction

of incorporation)

 

(IRS Employer

Identification No.)

430 East 29th Street

New York, NY 10016

(Address of principal executive offices, including zip code)

(646) 440-9333

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

 

 

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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock   ITCI   The Nasdaq Global Select Market

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.  ☐

 

 

 


ITEM 1.01

Entry into a Material Definitive Agreement.

On December 24, 2021, Intra-Cellular Therapies, Inc. (the “Company”) entered into the Amendment (the “Amendment”) to the Supply Agreement dated as of January 4, 2017 (the “Supply Agreement”) by and between Siegfried Evionnaz SA (“Siegfried”) and ITI Limited, a wholly-owned subsidiary of the Company, to extend the current term of the Supply Agreement until January 4, 2023.

The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is attached as Exhibit 10.1 to this Current Report on Form 8-K.

 

ITEM 9.01

Financial Statements and Exhibits.

(d)    Exhibits

 

Exhibit

Number

   Description
10.1    Amendment to Supply Agreement dated as of December 24, 2021 by and between Siegfried Evionnaz SA and ITI Limited
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


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.

 

INTRA-CELLULAR THERAPIES, INC.

By:  

/s/ Lawrence J. Hineline

  Lawrence J. Hineline
  Senior Vice President of Finance, Chief Financial Officer, Treasurer and Assistant Secretary

Date: December 29, 2021

EX-10.1

Exhibit 10.1

AMENDMENT

This Amendment (the Amendment) is made as of 24. December 2021 (the Amendment Effective Date) between

Siegfried Evionnaz SA

Route du Simplon 1, 36, 1902 Evionnaz, Switzerland

(Siegfried)

and, on the other hand

ITI Limited

Clarendon House, 2 Church Street, PO Box HM 666, Hamilton, HM CX, Bermuda

(ITI)

to the Supply Agreement between Siegfried and ITI dated January 4, 2017 (the Agreement)

The Parties hereby agree as follows:

 

1.

A new section 10.5 shall be added to the end of Section of the Agreement:

“Notwithstanding the foregoing, after the expiry of the initial term set forth in Section 10.1 of the agreement, the Parties agree to mutually extend the term of this Agreement for an additional period of one (1) year. This Agreement shall therefore automatically expire on January 4, 2023 and shall not automatically be renewed.”

 

2.

All other terms and conditions of the Agreement shall remain unchanged and in full force and effect.

 

3.

This Amendment shall be governed by and construed in accordance with the laws set forth in the Agreement and shall be signed electronically via DocuSign.

IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their respective authorized representatives, effective as of the Amendment Effective Date.


Siegfried Evionnaz SA     ITI Limited
/s/ Signer Marcel     /s/ Allen Fienberg
Name:   Signer Marcel     Name:   Allen Fienberg
Title:   Site Manager     Title:   VP Business Development
Date:   December 24, 2021     Date:   December 23, 2021
/s/ Luca Parlanti     /s/ Larry Hineline
Name:   Luca Parlanti     Name:   Larry Hineline
Title:   Head of Exclusive Sales DS     Title:   CFO
Date:   December 24, 2021     Date:   December 23, 2021