Company: DNLI
Filing Date: 2025-06-03
Form Type: 8-K
Source: 0001714899-25-000128
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Company: Denali Therapeutics Inc.
Filing Date: 2025-06-03
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into a Material Definitive Agreement.

On June 3, 2025, Denali Therapeutics Inc. (the “ Company”) entered into a registration rights agreement (the “ Affiliate Registration Rights Agreement”) with Baker Brothers Life Sciences, L. P. and 667, L. P. (collectively, the “ BBA Funds”), in connection with the election of Julian C. Baker as a director of the Company.

Pursuant to the Affiliate Registration Rights Agreement, the BBA Funds are entitled to certain resale registration rights with respect to shares of the Company’s common stock, par value $0.01 per share (the “ Common Stock”) held by the BBA Funds (the “ Affiliate Registrable Securities”). Following a request by the BBA Funds, the Company is obligated to file a resale registration statement on Form S-3, or other appropriate form, covering the Affiliate Registrable Securities. The Company has agreed to file such resale registration statement as promptly as reasonably practicable following such request, and in any event within 60 days of such request. The Company’s obligations to file such registration statement are subject to specified exceptions, and suspension and deferral rights as are set forth in the Affiliate Registration Rights Agreement. Under specified circumstances, the Company may also include securities of the Company in any such registration statement. The BBA Funds also have the right to one underwritten offering per calendar year, but no more than three underwritten offerings in total and not more than two underwritten offerings or “block trades” (as defined in the Affiliate Registration Rights Agreement) in any twelve-month period, to effect the sale or distribution of the Affiliate Registrable Securities, subject to certain exceptions, conditions and limitations.

The foregoing description of the Affiliate Registration Rights Agreement is not complete and is qualified in its entirety by reference to the full text of such agreement, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.