Filing Details

Accession Number:
0001999371-24-002333
Form Type:
5
Zero Holdings:
No
Publication Time:
2024-02-14 16:35:18
Reporting Period:
2023-12-31
Accepted Time:
2024-02-14 16:35:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1599298 Summit Therapeutics Inc. SMMT Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1963544 Yu Xia C/O Summit Therapeutics Inc.
601 Brickell Key Drive, Suite 1000
Miami FL 33131
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-03-07 21,523,530 $1.05 21,523,530 No 4 P Indirect Akeso, Inc.
Common Stock Acquisiton 2023-01-17 10,000,000 $2.51 10,000,000 No 4 P Indirect Akeso, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Akeso, Inc.
No 4 P Indirect Akeso, Inc.
Footnotes
  1. 21,523,530 shares of the Issuer's Common Stock were acquired on March 7, 2023 through a rights offering.
  2. 10,000,000 shares of the Issuer's Common Stock were issued on January 17, 2023 in connection with the Collaboration and License Agreement with Akeso, Inc.("Akeso") pursuant to which the Issuer issued Akeso such shares.
  3. Akeso is the direct beneficial owner of the shares of the Issuer's Common Stock. Dr. Xia is a stockholder and exercises the right to vote approximately 28.9% of Akeso's ordinary shares, and serves as chairwoman, president and chief executive officer of Akeso. Dr. Xia disclaims beneficial ownership of the shares of Issuer's Common Stock beneficially owned by Akeso, except to the extent of her pecuniary interest.