Form 8-K
8-K — Celcuity Inc.
Accession: 0001493152-26-020918
Filed: 2026-05-01
Period: 2026-05-01
CIK: 0001603454
SIC: 8071 (SERVICES-MEDICAL LABORATORIES)
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
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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): May 1, 2026
Celcuity
Inc.
(Exact
name of Registrant as Specified in its Charter)
Delaware
001-38207
82-2863566
(State
or Other Jurisdiction
of
Incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
2800
Campus Drive, Suite 140
Minneapolis,
Minnesota 55441
(Address
of Principal Executive Offices and Zip Code)
(763)
392-0123
(Registrant’s
telephone number, including area code)
16305
36th Avenue North, Suite 100
Minneapolis,
Minnesota 55446
(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, $0.001 par value per share
CELC
The
Nasdaq Stock Market LLC
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 7.01
Regulation FD Disclosure.
On
May 1, 2026, Celcuity Inc. (the “Company”) issued a press release announcing positive topline results from the PIK3CA mutant
cohort of the Phase 3 VIKTORIA-1 clinical trial (the “VIKTORIA-1 trial”) evaluating gedatolisib plus fulvestrant, with or
without palbociclib, in patients with hormone receptor positive (“HR+”), human epidermal growth factor receptor 2 negative
(“HER2-”), PIK3CA mutant locally advanced or metastatic breast cancer (“ABC”), following progression on or after
treatment with a CDK4/6 inhibitor and an aromatase inhibitor. A copy of this press release is furnished as Exhibit 99.1 to this report
and is incorporated herein by reference.
The
information in this Item 7.01, including the accompanying exhibits, is being furnished and 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. The information in this Item 7.01 shall not be incorporated into any filing pursuant to the Securities Act
of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item
8.01
Other
Events.
On
May 1, 2026, the Company issued a press release announcing positive topline results from the PIK3CA mutant cohort of the VIKTORIA-1 trial
evaluating gedatolisib plus fulvestrant, with or without palbociclib, in patients with HR+/HER2- ABC, following progression on or after
treatment with a CDK4/6 inhibitor and an aromatase inhibitor.
The
primary efficacy analysis of gedatolisib combined with fulvestrant and palbociclib demonstrated a statistically significant and clinically
meaningful improvement in progression-free survival (“PFS”) compared to alpelisib, a PI3Kα inhibitor, and fulvestrant.
The secondary endpoint comparing gedatolisib plus fulvestrant versus alpelisib plus fulvestrant, which was not part of the primary efficacy
analysis in the hierarchical order, also demonstrated a statistically significant and clinically meaningful improvement in PFS compared
to alpelisib and fulvestrant. Both gedatolisib regimens were generally well tolerated, with manageable safety profiles, and no new safety
signals.
The
Company intends to submit these data to the U.S. Food and Drug Administration (the “FDA”) as a supplemental New Drug Application
(“sNDA”) and to present these data at the 2026 American Society of Clinical Oncology (“ASCO” Annual Meeting.
The Company intends to submit VIKTORIA-1 data to other regulatory authorities following sNDA submission.
Forward-Looking
Statements
This
Current Report on Form 8-K (including the exhibit thereto) contains statements that constitute “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995 including statements relating to the potential therapeutic
benefits of gedatolisib; the size, design and timing of our clinical trials; our interpretation of topline clinical trial data; the status
and timing of the FDA’s review of our New Drug Application (“NDA”) for gedatolisib, including the PDUFA goal date assigned
by the FDA; the ability of our data to support the filing of an sNDA with the FDA and comparable filings with other regulatory authorities;
our intent to present data at the 2026 ASCO Annual Meeting; the market opportunity for gedatolisib; our expectations regarding the timing
of and our ability to obtain FDA approval to commercialize gedatolisib; our strategy, marketing and commercialization plans, including
the benefits of strategic decisions regarding studies and trials; other expectations with respect to gedatolisib, including expectations
regarding potential benefits to additional groups of patients whose cancers involve the PI3K/AKT/mTOR pathway; our anticipated use of
cash; and the strength of our balance sheet. Words such as, but not limited to, “look forward to,” “believe,”
“expect,” “anticipate,” “estimate,” “intend,” “confidence,” “encouraged,”
“potential,” “plan,” “targets,” “likely,” “may,” “will,” “would,”
“should” and “could,” and similar expressions or words identify forward-looking statements. The forward-looking
statements included in this report are based on management’s current expectations and beliefs which are subject to a number of
risks, uncertainties and factors, including that our topline clinical results are based on an ongoing analysis of key efficacy and safety
data, and such data may change following a more comprehensive review of the data related to the clinical trial; unforeseen delays in
our clinical trials or the FDA’s review of our NDA for gedatolisib; our ability to obtain and maintain regulatory approvals to
commercialize gedatolisib, and the market acceptance of gedatolisib; the development of therapies and tools competitive with gedatolisib;
and our ability to access capital upon favorable terms. In addition, all forward-looking statements are subject to other risks detailed
in our Annual Report on Form 10-K for the year ended December 31, 2025, as such risks may be updated in our subsequent filings with the
Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only
as of the date hereof. All forward-looking statements are qualified in their entirety by these cautionary statements, and we undertake
no obligation to revise or update this report to reflect events or circumstances after the date hereof.
Item
9.01
Financial
Statements and Exhibits.
(d)
Exhibits
99.1
Press release dated May 1, 2026
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
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:
May 1, 2026
CELCUITY
INC.
By:
/s/
Brian F. Sullivan
Brian
F. Sullivan
Chief
Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Celcuity’s
Phase 3 VIKTORIA-1 Trial Achieves Primary Endpoint With Clinically Meaningful Improvement in Progression-Free Survival in PIK3CA Mutant
Cohort
− Detailed
data for the gedatolisib triplet and doublet regimens will be presented at a late-breaking
abstract oral session at the 2026 ASCO Annual Meeting
MINNEAPOLIS,
May 1, 2026 — Celcuity Inc. (Nasdaq: CELC), a clinical-stage biotechnology company pursuing development of targeted therapies
for oncology, today announced positive topline results from the PIK3CA mutant cohort of the Phase 3 VIKTORIA-1 clinical trial
evaluating gedatolisib plus fulvestrant with or without palbociclib in patients with hormone receptor positive (“HR+”), human
epidermal growth factor receptor 2 negative (“HER2-”), PIK3CA mutant locally advanced or metastatic breast cancer
(“ABC”), following progression on or after treatment with a CDK4/6 inhibitor and an aromatase inhibitor. Detailed results
will be presented in a late-breaking abstract (“LBA”) oral session at the American Society of Clinical Oncology (“ASCO”)
Annual Meeting, taking place May 29 – June 2, 2026, in Chicago, Illinois.
The
primary efficacy analysis of gedatolisib combined with fulvestrant and palbociclib (the “gedatolisib triplet”) demonstrated
a statistically significant and clinically meaningful improvement in progression-free survival (“PFS”) compared to alpelisib,
a PI3Kα inhibitor, and fulvestrant. The secondary endpoint comparing gedatolisib plus fulvestrant (the “gedatolisib doublet”)
versus alpelisib plus fulvestrant, which was not part of the primary efficacy analysis in the hierarchical order, also demonstrated a
statistically significant and clinically meaningful improvement in PFS compared to alpelisib and fulvestrant. Both gedatolisib regimens
were generally well tolerated, with manageable safety profiles, and no new safety signals.
Celcuity
intends to submit these data to the U.S. Food and Drug Administration (the “FDA”) as a supplemental New Drug Application
(“sNDA”) and to submit VIKTORIA-1 data to other regulatory authorities following the sNDA submission.
“Patients
with PIK3CA mutant HR+/HER2- advanced breast cancer whose disease has progressed while on or after treatment with a CDK4/6 inhibitor
typically derive modest benefit from subsequent therapies that target only PI3Kα or AKT,” said Sara Hurvitz, MD, Senior Vice
President, Clinical Research Division, Fred Hutch Cancer Center, Smith Family Endowed Chair in Women’s Health and Professor and
Head, Division of Hematology and Oncology, University of Washington, School of Medicine and co-principal investigator for the trial.
“VIKTORIA-1 represents the first Phase 3 study to demonstrate that comprehensively blocking the PI3K/AKT/mTOR, or PAM, pathway
can significantly improve outcomes for patients with PIK3CA mutations compared to therapies only targeting a single component
of this pathway.”
HR+/HER2-
breast cancer is the most common subtype of breast cancer, accounting for approximately 70% of all breast cancers.2 Among
this breast cancer subtype, approximately 40% have PIK3CA mutations.
“These
positive topline results demonstrate the potential for gedatolisib to become a transformative new medicine for the treatment of patients
with PIK3CA mutant HR+/HER2-advanced breast cancer,” said Igor Gorbatchevsky, MD, Chief Medical Officer of Celcuity. “When
considered alongside previously presented data from the VIKTORIA-1 PIK3CA wild-type cohort, the gedatolisib regimens have now
demonstrated the potential to improve the standard of care in the second-line setting regardless of the PIK3CA status of a patient’s
tumor.”
The
FDA has granted Priority Review of Celcuity’s New Drug Application (“NDA”) for gedatolisib in patients with HR+/HER2-/PIK3CA
wild-type (“WT”) ABC and assigned a Prescription Drug User Fee Act (“PDUFA”) goal date of July 17, 2026.
“We
believe the results from the VIKTORIA-1 study validate our pioneering approach to targeting cancers involving the PI3K/AKT/mTOR pathway.
Researchers have sought for nearly 20 years to develop a drug that blockades this pathway comprehensively without inducing unacceptable
levels of toxicity,” commented Brian Sullivan, Chairman, CEO and co-founder of Celcuity.
Mr.
Sullivan added, “The implications of these results may extend beyond HR+/HER2- advanced breast cancer patients in the second-line
setting, and we are working urgently to explore the development of gedatolisib for additional groups of patients whose cancers involve
the PI3K/AKT/mTOR pathway.”
Presentation
Details
Presenting
Author: Sara Hurvitz, MD, Senior Vice President, Clinical Research Division, Fred Hutchinson Cancer Center, Professor and Head, Division
of Hematology and Oncology, University of Washington, Department of Medicine
Title:
A randomized, open-label, phase 3 study of gedatolisib + fulvestrant ± palbociclib vs standard of care in HR+/HER2−/PIK3CA-mutant
advanced breast cancer (VIKTORIA-1 Study 2)
Abstract:
LBA1008
Session
Type/Title: Oral Abstract Session - Breast Cancer—Metastatic
Date
and Time: June 2, 2026, 9:45 AM-12:45 PM CDT
Late-breaking
abstracts accepted for an Oral Abstract Session at the ASCO Annual Meeting will be published online via the ASCO website on the day of
presentation.
About
HR+/HER2- Breast Cancer
Breast
cancer is the second most common cancer and one of the leading causes of cancer-related deaths worldwide.1 More than two million
breast cancer cases were diagnosed globally in 2022.1 While survival rates are high for those diagnosed with early breast
cancer, approximately 30% of patients who are diagnosed with or who progress to metastatic disease are expected to live five years after
their diagnosis.2 HR+/HER2- breast cancer is the most common subtype of breast cancer, accounting for approximately 70% of
all breast cancers.2 Among this breast cancer subtype, approximately 40% have PIK3CA mutations.13
Three
interconnected signaling pathways, estrogen, cyclin D1-CDK4/6 and PI3K/AKT/mTOR (“PAM”), are primary oncogenic drivers of
HR+/HER2- breast cancer.3 Therapies inhibiting these pathways are approved and used in various combinations for ABC. Currently
approved inhibitors of the PAM pathway for breast cancer target a single PAM pathway component, such as PI3Kα, AKT or mTORC1.4,5,6,7
However, resistance to CDK4/6 inhibitors and current endocrine therapies develops in many patients with advanced disease.8
Optimizing the inhibition of the PAM pathway is an active area of focus for breast cancer research.
About
the VIKTORIA-1 Phase 3 Trial
VIKTORIA-1
is a Phase 3 open-label, randomized clinical trial to evaluate the efficacy and safety of gedatolisib in combination with fulvestrant,
with or without palbociclib, in adults with HR+/HER2- ABC whose disease progressed on or after prior CDK4/6 therapy in combination with
an aromatase inhibitor. The clinical trial is fully enrolled. The trial enrolled subjects regardless of PIK3CA status while enabling
separate evaluation of subjects according to their PIK3CA status. Detailed results from the PIK3CA WT cohort of VIKTORIA-1
have been previously reported. For the PIK3CA mutant cohort, subjects who met eligibility criteria and had confirmed PIK3CA
mutations were randomly assigned (3:3:1) to receive a regimen of either the gedatolisib triplet, alpelisib and fulvestrant, or the gedatolisib
doublet.
About
Gedatolisib
Gedatolisib
is an investigational, multi-target PAM inhibitor that potently targets all four class I PI3K isoforms, mTORC1 and mTORC2 to induce comprehensive
blockade of the PAM pathway.9,10,11 As a multi-target PAM inhibitor, gedatolisib’s mechanism of action is highly differentiated
from currently approved single-target inhibitors of the PAM pathway.11 Inhibition of only a single PAM component gives tumors
an escape mechanism through cross-activation of the uninhibited targets. Gedatolisib’s comprehensive PAM pathway inhibition ensures
full suppression of PAM activity by eliminating adaptive resistance cross-activation that occurs with single-target inhibitors. Unlike
single-target inhibitors of the PAM pathway, gedatolisib has demonstrated equal potency and comparable cytotoxicity in PIK3CA-mutant
and -wild-type breast tumor cells in nonclinical studies and early clinical data.11,12
About
Celcuity
Celcuity
is a clinical-stage biotechnology company pursuing the development of targeted therapies for the treatment of multiple solid tumor indications.
The company’s lead therapeutic candidate is gedatolisib, a potent, pan-PI3K and mTORC1/2 inhibitor that comprehensively blockades
the PAM pathway. Its mechanism of action and pharmacokinetic properties are differentiated from other currently approved and investigational
therapies that target PI3Kα, AKT, or mTORC1 alone or together. A Phase 3 clinical trial, VIKTORIA-1, evaluating gedatolisib in
combination with fulvestrant, with or without palbociclib, in patients with HR+/HER2- ABC, has reported detailed results for the PIK3CA
WT cohort and topline results for the PIK3CA mutant cohort. A Phase 3 clinical trial, VIKTORIA-2, evaluating gedatolisib plus
a CDK4/6 inhibitor and fulvestrant as first-line treatment for patients with endocrine treatment resistant HR+/HER2- ABC, is ongoing.
A Phase 1/2 clinical trial, CELC-G-201, evaluating gedatolisib in combination with darolutamide in patients with metastatic castration-resistant
prostate cancer, is ongoing. More detailed information about Celcuity’s active clinical trials can be found at ClinicalTrials.gov.
Celcuity is headquartered in Minneapolis. Further information about Celcuity can be found at www.celcuity.com. Follow us on LinkedIn
and X.
Forward
Looking Statements
This
press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995 including statements relating to the potential therapeutic benefits of gedatolisib; the size, design and
timing of our clinical trials; our interpretation of clinical trial data; the status and timing of the FDA’s review of our NDA
for gedatolisib, including the PDUFA goal date assigned by the FDA; the ability of our data to support the filing of an sNDA with the
FDA and comparable filings with other regulatory authorities; our intent to present data at the 2026 ASCO Annual Meeting; the market
opportunity for gedatolisib; our expectations regarding the timing of and our ability to obtain FDA approval to commercialize gedatolisib;
our strategy, marketing and commercialization plans, including the benefits of strategic decisions regarding studies and trials; other
expectations with respect to gedatolisib, including expectations regarding potential benefits to additional groups of patients whose
cancers involve the PAM pathway; our anticipated use of cash; and the strength of our balance sheet. Words such as, but not limited to,
“look forward to,” “believe,” “expect,” “anticipate,” “estimate,” “intend,”
“confidence,” “encouraged,” “potential,” “plan,” “targets,” “likely,”
“may,” “will,” “would,” “should” and “could,” and similar expressions or
words identify forward-looking statements. The forward-looking statements included in this press release are based on management’s
current expectations and beliefs which are subject to a number of risks, uncertainties and factors, including that our topline clinical
results are based on an ongoing analysis of key efficacy and safety data, and such data may change following a more comprehensive review
of the data related to the clinical trial; unforeseen delays in our clinical trials or the FDA’s review of our NDA for gedatolisib;
our ability to obtain and maintain regulatory approvals to commercialize gedatolisib, and the market acceptance of gedatolisib; the development
of therapies and tools competitive with gedatolisib; and our ability to access capital upon favorable terms. In addition, all forward-looking
statements are subject to other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2025, as such risks
may be updated in our subsequent filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety
by these cautionary statements, and we undertake no obligation to revise or update this press release to reflect events or circumstances
after the date hereof.
References:
1.
Sung
H, et al. Global Cancer Statistics 2020: GLOBOCAN Estimates of Incidence and Mortality Worldwide for 36 Cancers in 185 Countries.
CA Cancer J Clin. 2021;10.3322/caac.21660.
2.
National
Cancer Institute. Surveillance, Epidemiology and End Results Program (Accessed July 2025).
https://seer.cancer.gov/statfacts/html/breast-subtypes.html
3.
Alves,
C. L., & Ditzel, H. J. Drugging the PI3K/AKT/mTOR Pathway in ER+ Breast Cancer. Int J Mol Sci, 2023;24(5),4522. https://doi.org/10.3390/ijms24054522
4.
United
States Package Insert, US FDA, ITOVEBI
5.
United
States Package Insert, US FDA, PIQRAY
6.
United
States Package Insert, US FDA, TRUCAP
7.
United
States Package Insert, US FDA, AFINITOR
8.
Lloyd
M R, et al. Mechanisms of Resistance to CDK4/6 Blockade in Advanced Hormone Receptor-positive, HER2-negative Breast Cancer and Emerging
Therapeutic Opportunities. Clin Cancer Res. 2022;28(5):821-30
9.
Venkatesan,
A. M., et al. Bis(morpholino-1,3,5-triazine) derivatives: potent adenosine 5’-triphosphate competitive phosphatidylinositol-3-kinase/mammalian
target of rapamycin inhibitors: discovery of compound 26 (PKI-587), a highly efficacious dual inhibitor. J Med Chem, 2010;53(6),
2636-2645. https://doi.org/10.1021/jm901830p
10.
Mallon,
R., et al. Antitumor efficacy of PKI-587, a highly potent dual PI3K/mTOR kinase inhibitor. Clin Cancer Res, 2011;17(10), 3193-3203.
https://doi.org/10.1158/1078-0432.CCR-10-1694
11.
Rossetti,
S., et al. Gedatolisib shows superior potency and efficacy versus single-node PI3K/AKT/mTOR inhibitors in breast cancer models. NPJ
Breast Cancer, 2024;10(1), 40. https://doi.org/10.1038/s41523-024-00648-0
12.
Layman,
R., et al. Gedatolisib in combination with palbociclib and endocrine therapy in women with hormone receptor-positive, HER2-negative
advanced breast cancer: results from the dose expansion groups of an open-label, phase 1b study. Lancet Oncol, 2024;25(4), 474-487.
https://doi.org/10.1016/S1470-2045(24)00034-2
13.
Anderson,
E. et al. A Systematic Review of the Prevalence and Diagnostic Workup of PIK3CA Mutations in HR+/HER2– Metastatic Breast Cancer,
Int J Breast Cancer. 2020 Jun 20;2020:3759179
Contacts:
For
Investors:
Brian
Sullivan, bsullivan@celcuity.com
Vicky
Hahne, vhahne@celcuity.com
(763)
392-0123
Jodi
Sievers, jsievers@celcuity.com
(415)
494-9924
For
Media:
Sam
Brown LLC
Laura
Morgan, lauramorgan@sambrown.com
(951)
333-9110
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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Local phone number for entity.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
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Title of a 12(b) registered security.
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Name of the Exchange on which a security is registered.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
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Trading symbol of an instrument as listed on an exchange.
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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