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SVRA Savara

Filed: 4 Jun 21, 7:51am

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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)

June 3, 2021

 

 

SAVARA INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware 001-32157 84-1318182
(State or other jurisdiction
of incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)

6836 Bee Cave Road, Building III, Suite 200

Austin, TX 78746

(Address of principal executive offices, including zip code)

(512) 614-1848

(Registrant’s telephone number, including area code)

N/A

(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 (see General Instruction A.2. below):

 

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, par value $0.001 per share SVRA The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in 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.

Savara Inc. (“Savara”) is headquartered in Austin, Texas, where it subleases office space pursuant to a sublease that expires at the end of July 2021. On June 3, 2021, Savara entered into a Lease Agreement (the “Lease”) with Overlook at Rob Roy Owner, LLC, pursuant to which Savara will lease 2,260 square feet of office space located at 6836 Bee Cave Road, Suite 201, Austin, Texas. Savara plans to relocate its headquarters to this location, which is in the same building as the current headquarters.

The term of the Lease commences on August 1, 2021 and will continue until December 31, 2022 (the “Term”). Savara will make monthly rental payments during the Term of $6,780 and has paid a security deposit equal to one monthly rental payment. The Lease contains customary events of default, representations, warranties, and covenants.

The foregoing description of the Lease is not complete and is qualified in its entirety by reference to the Lease, which is filed as Exhibit 10.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.  Description
10.1  Office Lease, dated June 3, 2021, between the Registrant and Overlook at Rob Roy Owner, LLC
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.

 

Date: June 4, 2021   SAVARA INC.
a Delaware corporation
 
  By: 

/s/ Dave Lowrance

 
   

Dave Lowrance

Chief Financial Officer