Current Report Filing (8-k)
February 23 2017 - 4:55PM
Edgar (US Regulatory)
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): February 17, 2017
MannKind Corporation
(Exact name of registrant as specified in its charter)
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Delaware
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000-50865
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13-3607736
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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25134 Rye Canyon Loop, Suite 300
Valencia, California
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91355
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (661) 775-5300
N/A
(Former name or
former address, if changed since last report.)
Check the appropriate box below
if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. of Form 8-K):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.01
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Completion of Acquisition or Disposition of Assets.
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As previously reported in a Current Report on Form
8-K, filed by MannKind Corporation (the “Company”) on January 12, 2017 with the Securities and Exchange Commission, on January 6, 2017 the Company and Rexford Industrial Realty, L.P. (“Rexford”) entered into an
Agreement of Purchase and Sale and Joint Escrow Instructions (the “Purchase Agreement”), pursuant to which the Company agreed to sell and Rexford agreed to purchase certain parcels of real estate owned by the Company in Valencia,
California and certain related improvements, personal property, equipment, supplies and fixtures (collectively, the “Property”) for $17.3 million. The Purchase Agreement was amended on February 7, 2017, February 10, 2017 and
February 15, 2017 to, among other things, extend the closing date of the sale and purchase of the Property, revise the list of equipment being sold and revise the purchase price allocation between equipment and real property.
The sale and purchase of the aforementioned Property for $17.3 million pursuant to the terms of the Purchase Agreement, as amended, was completed on
February 17, 2017. Net proceeds to the Company were approximately $16.7 million after deducting broker’s commission and closing costs of approximately $624,000 paid by the Company.
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.
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Date: February 23, 2017
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MANNKIND CORPORATION
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By:
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/s/ David Thomson
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David Thomson, Ph.D., J.D.
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Corporate Vice President, General Counsel and Secretary
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