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 28, 2015
MARINUS PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-36576 |
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20-0198082 |
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(State or other jurisdiction of incorporation) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
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Three Radnor Corporate Center 100 Matsonford Road, Suite 304 Radnor, PA |
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19087 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (484) 801-4670
(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))
Item 1.01.Entry into a Material Definitive Agreement.
On December 28, 2015, we entered into a First Amendment to Lease with Radnor Properties-SDC, L.P. (Amended Lease) to lease approximately 8,522 rentable square feet of office space in Radnor, PA. This Lease amends our existing lease agreement with Radnor Center Associates which we entered into on October 14, 2014 (Original Lease) to replace our existing premises of approximately 3,881 rentable square feet of office space.
The Amended Lease provides for a 62-month, non-cancelable and non-renewable term beginning upon commencement of our occupation of the substitution premises. Rent will start at $36 per square foot, or approximately $300,000 per year initially, and increase annually pursuant to a fixed rent schedule to approximately $340,000 for the final year.
A copy of the Amended Lease as modifying the Original Lease is attached as Exhibit 10.1 to this report and is incorporated herein by reference. The descriptions of the Amended Lease and Original Lease are a summary only and are qualified in their entirety by reference to Exhibit 10.1.
Item 9.01.Financial Statements and Exhibits.
Exhibit No.Exhibit Description
10.1First Amendment to Lease agreement dated as of December 28, 2015 between Radnor Properties-SDC, L.P. and Marinus Pharmaceuticals, Inc, amending Lease agreement dated as of October 14, 2014 between Radnor Center Associates and Marinus Pharmaceuticals, Inc.
SIGNATURE
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.
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MARINUS PHARMACEUTICALS, INC. |
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By: |
/s/ Edward Smith |
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Edward Smith, |
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Vice President, Chief Financial Officer, |
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Secretary and Treasurer |
Date: January 4, 2016