Combined General Meeting of December 11, 2024 - Availability of the
preparatory documents
Daix (France), Long Island City (New York,
United States), November 20, 2024 – Inventiva (Euronext Paris
and Nasdaq: IVA), a clinical-stage biopharmaceutical company
focused on the development of oral small molecule therapies for the
treatment of metabolic dysfunction-associated steatohepatitis
(“MASH”), also known as non-alcoholic steatohepatitis
(“NASH”), and other diseases with significant unmet medical
needs, today announced the availability of the preparatory
documents for the Combined General Meeting of December 11,
2024.
Shareholders are invited to participate in the
Combined General Meeting that will be held on December 11, 2024 at
9 a.m. at Hôtel Oceania Le Jura, 14 avenue Foch, 21000 Dijon
(France).
The preliminary notice of meeting comprising the
agenda and the draft resolutions, as well as information on how to
attend and vote at the Combined General Meeting, was published in
the Bulletin des Annonces Légales Obligatoires (BALO) n°133
of November 4, 2024 and a translation was filed with the Securities
and Exchange Commission on November 4, 2024.
Information and documents pertaining to the
Combined General Meeting are available on the Company's website
(www.inventivapharma.com, section "Investors" / "Shareholder
Meetings").
The resolutions to be submitted to the General
Meeting are aimed in particular at enabling the completion of the
financing of up to 348 million euros which includes the issues of
shares and pre-funded warrants corresponding to tranches T1 bis, T2
and T3 of the financing (resolutions 5 to 57) which is subject to
specific conditions precedent as described in the press release
dated October 14, 2024. Shareholders will also be invited to vote
on the appointment of Mark Pruzanski and of Srinivas Akkaraju as
directors of the Company (resolutions 1 and 2) as announced in the
press release dated October 14, 2024. New compensation policies of
Company’s corporate officers (resolutions 3, 4, 64 and 65) and
resolutions on a global maximum authorization of 45 million shares
issuances for future incentives plans, taking into account the
financing up to 348 million euros, will also be submitted to vote
(resolutions 60 and 61).
In accordance with articles R. 225-83 and
R. 225-89 of the French Commercial Code, documents that must be
available for the shareholders for the purpose of general meetings
will be available at the Company's registered office, 50, Rue de
Dijon, 21121 Daix, the fifteenth day prior to the Combined General
Meeting.
Documents listed in Article R.22-10-23 of the
French Commercial Code are available on Inventiva’s website
mentioned above as of tomorrow, the twenty-first day that precedes
the General Meeting.
In accordance with applicable regulatory
provisions:
-
any shareholder holding registered shares may, up to the fifth day,
including, prior to the General Meeting, request these documents to
be sent by the Company. For shareholders holding bearer shares, the
exercise of this right is subject to the submission of a
shareholding certificate delivered by their financial intermediary;
and
-
any shareholder may consult these documents at the Company's
registered office by sending a request by e-mail to the following
electronic address: AGIVA11122024@inventivapharma.com.
About Inventiva
Inventiva is a clinical-stage biopharmaceutical
company focused on the research and development of oral small
molecule therapies for the treatment of patients with MASH/NASH and
other diseases with significant unmet medical need. The Company
benefits from a strong expertise and experience in the domain of
compounds targeting nuclear receptors, transcription factors and
epigenetic modulation. Inventiva is currently advancing one
clinical candidate, has a pipeline of two preclinical programs and
continues to explore other development opportunities to add to its
pipeline.
Inventiva’s lead product candidate,
lanifibranor, is currently in a pivotal Phase 3 clinical trial,
NATiV3, for the treatment of adult patients with MASH/NASH, a
common and progressive chronic liver disease.
Inventiva’s pipeline also includes odiparcil, a
drug candidate for the treatment of adult MPS VI patients. As part
of Inventiva’s decision to focus clinical efforts on the
development of lanifibranor, it suspended its clinical efforts
relating to odiparcil and is reviewing available options with
respect to its potential further development. Inventiva is also in
the process of selecting a candidate for its Hippo signaling
pathway program.
The Company has a scientific team of
approximately 90 people with deep expertise in the fields of
biology, medicinal and computational chemistry, pharmacokinetics
and pharmacology, and clinical development. It owns an extensive
library of approximately 240,000 pharmacologically relevant
molecules, approximately 60% of which are proprietary, as well as a
wholly-owned research and development facility.
Inventiva is a public company listed on compartment B of the
regulated market of Euronext Paris (ticker: IVA, ISIN:
FR0013233012) and on the Nasdaq Global Market in the United States
(ticker: IVA).
www.inventivapharma.com
Contacts
Inventiva
Pascaline Clerc
EVP, Strategy and Corporate Affairs
media@inventivapharma.com
+1 202 499 8937 |
Brunswick Group
Tristan Roquet Montegon /
Aude Lepreux /
Julia Cailleteau
Media relations
inventiva@brunswickgroup.com
+33 1 53 96 83 83 |
ICR Healthcare
Patricia L. Bank
Investor relations
patti.bank@westwicke.com
+1 415 513-1284 |
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Important Notice
This press release contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements,
other than statements of historical facts, included in this press
release are forward-looking statements.
These statements include, but are not limited
to, forecasts and estimates with respect to Inventiva’s
pre-clinical programs and clinical trials, including design,
duration, timing, recruitment costs, screening and enrollment for
those trials, including the ongoing NATiV3 Phase III clinical trial
with lanifibranor in MASH/NASH, clinical trial data releases and
publications, the information, insights and impacts that may be
gathered from clinical trials, the potential therapeutic benefits
of Inventiva’s product candidates, including lanifibranor,
potential regulatory submissions, approvals and commercialization,
Inventiva’s pipeline and preclinical and clinical development
plans, the expected benefit of having received Breakthrough Therapy
Designation, including its impact on the development and review
timeline of Inventiva’s product candidates, the potential
development of and regulatory pathway for odiparcil, and future
activities, expectations, plans, growth and prospects of Inventiva
and its partners. Certain of these statements, forecasts and
estimates can be recognized by the use of words such as, without
limitation, “believes”, “anticipates”, “expects”, “intends”,
“plans”, “seeks”, “estimates”, “may”, “will”, “would”, “could”,
“might”, “should”, “designed”, “hopefully”, “target”, “potential”,
“opportunity”, “possible”, “aim”, and “continue” and similar
expressions. Such statements are not historical facts but rather
are statements of future expectations and other forward-looking
statements that are based on management's beliefs. These statements
reflect such views and assumptions prevailing as of the date of the
statements and involve known and unknown risks and uncertainties
that could cause future results, performance, or future events to
differ materially from those expressed or implied in such
statements. Actual events are difficult to predict and may depend
upon factors that are beyond Inventiva's control. There can be no
guarantees with respect to pipeline product candidates that the
clinical trial results will be available on their anticipated
timeline, that future clinical trials will be initiated as
anticipated, that product candidates will receive the necessary
regulatory approvals, or that any of the anticipated milestones by
Inventiva or its partners will be reached on their expected
timeline, or at all. Future results may turn out to be materially
different from the anticipated future results, performance or
achievements expressed or implied by such statements, forecasts
and estimates, due to a number of factors, including that
Inventiva cannot provide assurance on the impacts of the
Suspected Unexpected Serious Adverse Reaction
(SUSAR) on enrollment or the ultimate impact on the
results or timing of the NATiV3 trial or regulatory matters with
respect thereto, that Inventiva is a clinical-stage company with no
approved products and no historical product revenues,
Inventiva has incurred significant losses since inception,
Inventiva has a limited operating history and has never generated
any revenue from product sales, Inventiva will require additional
capital to finance its operations, in the absence of which,
Inventiva may be required to significantly curtail, delay or
discontinue one or more of its research or development programs or
be unable to expand its operations or otherwise capitalize on its
business opportunities and may be unable to continue as a going
concern, Inventiva’s ability to obtain financing and to enter into
potential transactions, Inventiva's future success is dependent on
the successful clinical development, regulatory approval and
subsequent commercialization of current and any future product
candidates, preclinical studies or earlier clinical trials are not
necessarily predictive of future results and the results of
Inventiva's and its partners’ clinical trials may not support
Inventiva's and its partners’ product candidate claims, Inventiva's
expectations with respect to its clinical trials may prove to be
wrong and regulatory authorities may require holds and/or
amendments to Inventiva’s clinical trials, Inventiva’s expectations
with respect to the clinical development plan for lanifibranor for
the treatment of MASH/NASH may not be realized and may not support
the approval of a New Drug Application, Inventiva and its partners
may encounter substantial delays beyond expectations in their
clinical trials or fail to demonstrate safety and efficacy to the
satisfaction of applicable regulatory authorities, the ability of
Inventiva and its partners to recruit and retain patients in
clinical studies, enrollment and retention of patients in clinical
trials is an expensive and time-consuming process and could be made
more difficult or rendered impossible by multiple factors outside
Inventiva's and its partners’ control, Inventiva's product
candidates may cause adverse drug reactions or have other
properties that could delay or prevent their regulatory approval,
or limit their commercial potential, Inventiva faces substantial
competition and Inventiva’s and its partners' business, and
preclinical studies and clinical development programs and
timelines, its financial condition and results of operations could
be materially and adversely affected by geopolitical events, such
as the conflict between Russia and Ukraine and related sanctions,
impacts and potential impacts on the initiation, enrollment and
completion of Inventiva’s and its partners’ clinical trials on
anticipated timelines and the state of war between Israel and Hamas
and the related risk of a larger conflict, health epidemics, and
macroeconomic conditions, including global inflation, rising
interest rates, uncertain financial markets and disruptions in
banking systems. Given these risks and uncertainties, no
representations are made as to the accuracy or fairness of such
forward-looking statements, forecasts, and estimates. Furthermore,
forward-looking statements, forecasts and estimates only speak as
of the date of this press release. Readers are cautioned not to
place undue reliance on any of these forward-looking
statements.
Please refer to the Universal Registration
Document for the year ended December 31, 2023, filed with the
Autorité des Marchés Financiers on April 3, 2024 as amended on
October 14, 2024, and the Annual Report on Form 20-F for the year
ended December 31, 2023, filed with the Securities and Exchange
Commission on April 3, 2024, and the Half-Year Report for the six
months ended June 30, 2024 on Form 6-K filed with the SEC on
October 15, 2024. Other risks and uncertainties of which Inventiva
is not currently aware may also affect its forward-looking
statements and may cause actual results and the timing of events to
differ materially from those anticipated. All information in this
press release is as of the date of the release. Except as required
by law, Inventiva has no intention and is under no obligation to
update or review the forward-looking statements referred to above.
Consequently, Inventiva accepts no liability for any consequences
arising from the use of any of the above statements.
- Inventiva - PR_AG December 11 2024 - Availability of documents
- EN - 11 20 2024
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