| Item 2.02 | Results of Operations and Financial Condition. |
On October 15, 2024, Climb Bio, Inc. (the “Company”) issued a press release in which it reported a preliminary estimate that, as of September 30, 2024, it had approximately $218 million in cash, cash equivalents and marketable securities. This amount is preliminary and unaudited, represents a management estimate as of the date of this report, is subject to the completion of the Company’s quarter-end financial closing procedures that could result in changes to the amount and does not present all information necessary for an understanding of the Company’s financial condition as of September 30, 2024.
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, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| Item 7.01. | Regulation FD Disclosure. |
On October 15, 2024, the Company will hold its previously announced virtual investor event beginning at 12:00 p.m. ET. During the investor event, members of the Company’s management will, among other things, provide an update on the Company’s development strategy for budoprutug, an anti-CD19 monoclonal antibody with potential to treat a broad range of B-cell mediated diseases. The event will also feature Dr. Frank Cortazar, Director of the New York Vasculitis and Glomerular Center and Chief of Clinical Research at St. Peter’s Health Partners, who was the primary investigator in the Phase 1b clinical trial of budoprutug for primary membranous nephropathy. A copy of the press release relating to the investor event is attached hereto as Exhibit 99.1 and incorporated herein by reference. A live webcast of the event, as well as a replay, will be available under “Events and Presentations” in the Investors section of the Company’s website: climbbio.com. The information contained in, or that can be accessed through the Company’s website, is not a part of this filing.
The information in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of 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 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
