Current Report · Items 1.03, 2.01, 9.01 · 8-K
SANGAMO THERAPEUTICS INC
SGMOQOTCEQUITYCurrent
Bankruptcy or Receivership · Completion of Acquisition or Disposition of Assets
Item 1.03 Bankruptcy or Receivership. The information set forth under Item 2.01 below is incorporated into this Item 1.03 by reference.
Filed Sep 21, 2026Accepted Sep 21, 2026, 4:01 PM EDTCIK 1001233Accession 0001193125-26-396644
Company context
Sangamo Therapeutics is a genomic medicine company that pioneered the development of zinc finger and capsid delivery technologies to address serious neurological and rare diseases. The Company is currently operating under court supervision in Chapter 11. To learn more, visit www.sangamo.com.
Current securities
Registered securities in this filing
SANGAMO THERAPEUTICS, INC · 8-K · Filed 2026-09-21
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Common Stock, $0.01 par value per share
- Symbol
- SGMO
- Exchange
- NASDAQ
- Classification
- COMMON
Filing context
Context: duration_2026-09-17_to_2026-09-17
Dimensions: Not supplied
Accession 000119312526396644 · 1 registered-security cover member
Read the exact SEC filing ↗Disclosure sections
Items 1.03, 2.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.03Item 1.03 - Bankruptcy or Receivership
Item 1.03 Bankruptcy or Receivership.
The information set forth under Item 2.01 below is incorporated into this Item 1.03 by reference.
Item 2.01Item 2.01 - Completion of Acquisition
Item 2.01 Completion of Acquisition or Disposition of Assets.
As previously disclosed, on June 23, 2026, Sangamo Therapeutics, Inc. (the “Company”) filed a voluntary petition for relief (Case No. 26-10989) under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the “Court” and such case, the “Chapter 11 Case”). The Company has continued to operate its business as a “debtor-in-possession” under the jurisdiction of the Court and in accordance with the applicable provisions of the Bankruptcy Code.
On July 14, 2026, the Court entered an order approving bidding procedures (the “Bid Procedures Order”) (Docket No. 122), which, among other things, authorized the Company to identify one or more purchasers, subject to the Court’s approval, in connection with the sale of substantially all of the Company’s assets and enter into one or more related purchase agreements. Pursuant to the Bid Procedures Order, the bid deadline was 5:00 p.m. (Eastern Time) on August 4, 2026, and the Company conducted a court-supervised auction process on August 10, 2026, at which PTC Therapeutics, Inc. (“PTC”) was selected as the successful bidder for the Purchased Assets (as defined below).
On September 2, 2026, the Court entered a Sale Order authorizing the sale of the Purchased Assets pursuant to the terms of the PTC APA (as defined below) (Docket No. 426). Accordingly, on September 17, 2026, the Company completed the previously announced sale of all of the Company’s right, title and interest in and to the assets primarily related to ST-920 (isaralgagene civaparvovec), a one-time administered AAV gene therapy product candidate for the treatment of Fabry disease (collectively, the “Purchased Assets”), as contemplated by the Asset Purchase Agreement (the “PTC APA”), dated August 25, 2026, by and between the Company and PTC, for total consideration consisting of (i) $111,000,000 payable in cash at closing and (ii) up to an additional $100,000,000 in contingent consideration payable upon the achievement of certain specified milestones, plus the assumption of certain specified liabilities of the Company (the “Assumed Liabilities”).
The foregoing summary of the Asset Purchase Agreement and the transactions contemplated thereby is not complete and is qualified in its entirety by reference to the full text of the Asset Purchase Agreement, a copy of which is filed as Exhibit 2.1 to this Current Report on Form 8-K.
Cautionary Language Regarding Trading in the Company’s Common Stock
The Company’s stockholders are cautioned that trading in the Company’s common stock during the pendency of the Chapter 11 Case is highly speculative and poses substantial risks. The Company’s common stock has been suspended from trading on, and the Company received a notice of delisting from, the Nasdaq Capital Market and is currently trading on the OTCID Basic Market under the symbol “SGMOQ,” and trading prices for the Company’s common stock may bear little or no relationship to the actual recovery, if any, by holders thereof in the Company’s Chapter 11 Case. Accordingly, the Company urges extreme caution with respect to existing and future investments in its common stock.