SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
Effective April 5, 2022, Dr. Raquel Hontecillas, the Chief Scientific Officer of Landos Biopharma, Inc. (the “Company”), is no longer with the Company.
Item 7.01 Regulation FD Disclosure.
In connection with the Company’s previously announced strategic review of its programs and operations, the Board of Directors of the Company has determined to conduct the Company’s operations virtually pending relocation to a different geography. Accordingly, the Company will not renew the lease for its premises at 1800 Kraft Drive, Blacksburg, Virginia, which expires in May 2022. The Company has suspended its Blacksburg-based research and discovery activities and separated the remaining research and discovery employees. The Company’s other functions, including clinical development of omilancor (BT-11), NX-13 and LABP-104, are not expected to be affected by the Company’s shift to virtual operations.
The information in this Item 7.01 of this Current Report on Form 8-K 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, 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.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Landos Biopharma, Inc.|
|Dated: April 6, 2022||By:|| |
/s/ Tim M. Mayleben
|Tim M. Mayleben|
|President and Chief Executive Officer|