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Form 8-K · Current Report · Filed 2024-07-18

Cidara Therapeutics, Inc. Announces Approval of 2024 Equity Incentive Plan and Amendments at Annual Meeting

On July 18, 2024, Cidara Therapeutics, Inc.

Filer
Cidara Therapeutics Inc. CDTX · NASDAQ
Filed
Accession
0001610618-24-000091
CIK
0001610618
Signal
High impactHealthcare

Details

held its 2024 Annual Meeting of Stockholders where shareholders approved the 2024 Equity Incentive Plan, amended the Certificate of Incorporation to increase authorized shares, and ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

No viable tag
Item 5.03

Amendments to Articles of Incorporation or Bylaws

Authorized Share Increase
Item 5.07

Submission of Matters to a Vote of Security Holders

Equity Plan Approved
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$13.01

Next session

-9.2%

Since filing

+1601.6%

Latest close

$221.38

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CDTX reporting the same item, with the next session's move:

Exhibits (2)

About Cidara Therapeutics Inc.

Cidara Therapeutics Inc. is a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel anti-infectives and immunotherapies. Its primary function involves addressing unmet medical needs in the treatment of serious infectious diseases and immune-based conditions. Emphasizing innovation, Cidara Therapeutics is known for its pioneering Cloudbreak platform, which integrates potent drug conjugates designed to address life-threatening bacterial, viral, and fungal infections. The asset prominently impacts the biotechnology and pharmaceutical sectors, endeavoring to transform standard infection treatments with its advanced therapeutic solutions. Cidara's pipeline includes the development of new antifungal agents like rezafungin, aimed at treating invasive fungal infections that significantly affect immunocompromised patients. With its strategic focus, Cidara Therapeutics plays a critical role in the emerging markets of antimicrobial resistance and immunotherapy. Positioned within the healthcare industry, Cidara's contributions hold significant potential to alter existing therapies and specialize in meeting complex medical challenges, reinforcing the broader landscape of pharmaceutical advancements and patient care strategies.

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