Item 2.02. Results of Operations and Financial Condition.
On January 19, 2021, Editas Medicine, Inc. (the "Company") reported that,
although it has not finalized its full financial results for the fourth quarter
and fiscal year ended December 31, 2020, it expects to report that it had cash,
cash equivalents and marketable securities of approximately $511.8 million as of
December 31, 2020. This estimated figure is preliminary and unaudited,
represents a management estimate as of the date of this report and is subject to
completion of the Company's financial closing procedures. The Company's
independent registered public accounting firm has not conducted an audit or
review of, and does not express an opinion or any other form of assurance with
respect to, the estimated cash figure.
The information in this Item 2.02 shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act") or otherwise subject to the liabilities of that section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended (the "Securities Act"), or the Exchange Act, except as expressly set
forth by specific reference in such a filing.
Item 8.01. Other Events.
On January 19, 2021, the Company filed with the Securities and Exchange
Commission (the "SEC") a preliminary prospectus supplement in connection with a
proposed public offering of shares of the Company's common stock, par value
$0.0001 per share ("Common Stock"). The preliminary prospectus supplement
contains an updated description of certain ongoing intellectual property
matters. Accordingly, the Company is filing this information with this Current
Report on Form 8-K for the purpose of supplementing and updating disclosures
contained in the Company's prior filings with the SEC, including those discussed
under the heading "Item 1A. Risk Factors," in the Company's most recent
Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, filed
with the SEC on November 6, 2020 . The updated disclosures are filed herewith
as Exhibit 99.1 and are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
99.1 Updated Company Disclosures
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Forward-Looking Statements
Statements in this Current Report on Form 8-K hereto about future expectations,
plans and prospects, as well as any other statements regarding matters that are
not historical facts, may constitute "forward-looking statements" within the
meaning of The Private Securities Litigation Reform Act of 1995, including
statements about the Company's estimates regarding its cash, cash equivalents
and marketable securities as of December 31, 2020. Actual results may differ
materially from those indicated by such forward-looking statements as a result
of various important factors, including those factors discussed in the "Risk
Factors" section of the Company's Quarterly Report on Form 10-Q filed with the
Securities and Exchange Commission on November 6, 2020 and the risks described
in other filings that the Company may make with the Securities and Exchange
Commission. Any forward-looking statements contained in this Current Report on
Form 8-K speak only as of the date hereof, and the Company specifically
disclaims any obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
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