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Form 8-K

sec.gov
NKTR The article is a Form 8-K filing, which is a report of unscheduled material events or corporate changes. It does not contain sentiment-driving information about Nektar Therapeutics.

8-K — NEKTAR THERAPEUTICS

Accession: 0001213900-26-103215

Filed: 2026-09-25

Period: 2026-09-24

CIK: 0000906709

SIC: 2834 (PHARMACEUTICAL PREPARATIONS)

Item: Other Events

Documents

8-K — ea0306370-8k_nektar.htm (Primary)

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8-K — CURRENT REPORT

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UNITED

STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): September 24, 2026

Nektar

Therapeutics

(Exact

name of registrant as specified in its charter)

Delaware

0-24006

94-3134940

(State

or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS

Employer

Identification No.)

455

Mission Bay Boulevard South

San

Francisco, California

94158

(Address

of principal executive offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (415) 482-5300

Not

Applicable

(Former

name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common

Stock, $0.0001 par value per share

NKTR

Nasdaq Capital Market

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging

growth company ☐

If

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

8.01  Other Events.

In August 2023, Nektar

Therapeutics (the “Company”) filed a complaint in the U.S. District Court for the Northern District of California (the “District

Court”) against Eli Lilly and Company (“Lilly”) alleging, among other claims, breach of contract and breach of the implied

covenant of good faith and fair dealing in connection with the license agreement governing the parties’ prior collaboration for

the development and commercialization of rezpegaldesleukin (the “License Agreement”). The case, Nektar Therapeutics v.

Eli Lilly & Co., Case No. 3:23-cv-03943-JD, proceeded to a jury trial beginning on September 8, 2026. On September 24, 2026, the

jury returned a verdict finding that Lilly breached the implied covenant of good faith and fair dealing in the License Agreement. The

jury awarded the Company $90 million in damages plus interest to be determined by the District Court. The jury’s verdict remains

subject to post-trial proceedings, and any resulting judgment may be subject to appeal.

1

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.

NEKTAR

THERAPEUTICS

Date:

September 25, 2026

By:

/s/

Elizabeth Zhang

Elizabeth

Zhang

Vice President, Legal

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