UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On August 2, 2022, MiNK Therapeutics, Inc. (the “Company”) entered into an Amended and Restated Intercompany Services Agreement (the “New Intercompany Agreement”) with Agenus Inc. (“Agenus”), which was effective retroactively to April 1, 2022 and amended and restated the Intercompany General & Administrative Agreement between the Company and Agenus dated September 10, 2021. Under the New Intercompany Agreement, Agenus provides the Company with certain general and administrative support, including, without limitation, financial, facilities management, human resources and information technology administrative support (the “Agenus Services”), and the Company and Agenus provide each other with certain research and development services (the “R&D Services) and other support services, including legal and regulatory support (the “Shared Services”). The Company is required to pay 10% of Agenus’ costs related to the Agenus Services, and the costs of R&D Services are based upon pass-through costs related to such services plus an allocation of the costs of the employees performing the services. No payment will be due from either party for the Shared Services, provided that the services provided by each party are proportional in scope and volume. The Company is also entitled to use Agenus’ business offices and laboratory space and equipment in exchange for the Company contributing a proportionate payment for the use of such facilities and equipment, and the Company will be covered by certain Agenus insurance policies, subject to certain conditions, including the Company paying the cost of such coverage. Either party may terminate the New Intercompany Agreement upon 60 days’ prior written notice and individual services upon 30 days’ prior written notice.
The foregoing description of the New Intercompany Agreement is only a summary of the material terms thereof, and does not purport to be complete. The description is qualified in its entirety by reference to the New Intercompany Agreement, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.
SIGNATURES
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.
| Date: August 5, 2022 | MiNK Therapeutics, Inc. | |||||
| By: | /s/ Jennifer S. Buell, Ph.D. | |||||
| Jennifer S. Buell, Ph.D. | ||||||
| President and Chief Executive Officer | ||||||