# EDGAR Filing Document

**Accession Number:** 0001727196
**File Stem:** 0001104659-26-022897
**Filing Date:** 2026-3
**Character Count:** 22409
**Document Hash:** 42648e4f5ee154f628d9d6850b6ae7dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-022897.hdr.sgml**: 20260303

**ACCESSION NUMBER**: 0001104659-26-022897

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260303

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260303

**DATE AS OF CHANGE**: 20260303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Scholar Rock Holding Corp
- **CENTRAL INDEX KEY:** 0001727196
- **STANDARD INDUSTRIAL CLASSIFICATION:** BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 823750435
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38501
- **FILM NUMBER:** 26714958

**BUSINESS ADDRESS:**
- **STREET 1:** 301 BINNEY STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** CAMBRIDGE
- **STATE:** MA
- **ZIP:** 02142
- **BUSINESS PHONE:** 857-259-3860

**MAIL ADDRESS:**
- **STREET 1:** 301 BINNEY STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** CAMBRIDGE
- **STATE:** MA
- **ZIP:** 02142

?xml version='1.0' encoding='ASCII'?

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549**

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**FORM 8-K/A**

**(Amendment No. 1)**

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event Reported): March 3, 2026

**Scholar Rock Holding Corporation**

(Exact Name of Registrant as Specified in Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-38501** | **82-3750435** |
| (State or Other Jurisdiction of<br> Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| **301 Binney Street, 3rd Floor, Cambridge, MA 02142** | **301 Binney Street, 3rd Floor, Cambridge, MA 02142** | **301 Binney Street, 3rd Floor, Cambridge, MA 02142** |
| (Address of Principal Executive Offices) (Zip Code) | (Address of Principal Executive Offices) (Zip Code) | (Address of Principal Executive Offices) (Zip Code) |

---

**(857) 259-3860**

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

---

| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.001 per share | SRRK | The Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Explanatory Note**

This Amendment No. 1 to the Current Report on Form 8-K amends Item 2.02 of the Current Report on Form 8-K filed on March 3, 2026 (the "Original Form 8-K") solely to correct an error in the Earnings Release furnished as Exhibit 99.1 thereto (the "Exhibit"). As previously furnished, the Exhibit reflected a scrivener's error relating to the net loss per common share for the quarter ended December 31, 2025 and the weighted average common shares outstanding, basic and diluted, for the quarter ended December 31, 2025, which has been corrected on Exhibit 99.1 to this Amendment No. 1. No other changes have been made to the Original Form 8-K.

**Item 2.02.** **Results of Operations and Financial Condition.**

On March 3, 2026, Scholar Rock Holding Corporation (the "Company") issued a press release announcing its financial and operating results for the year ended December 31, 2025 and to provide a business update. A copy of the press release is being furnished as Exhibit 99.1 to this Report on Form 8-K.

**Item 7.01. Regulation FD Disclosure.**

The Company will utilize slides during its conference call scheduled for 8:15 am ET on March 3, 2026 to announce its financial and operating results for the year ended December 31, 2025 and to provide a business update for the Company.

The information in this Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be 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 filing.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit<br> No.** | **Description** |
| [99.1](tm267900d1_ex99-1.htm) | [Press Release issued by the Company on March 3, 2026, furnished hereto.](tm267900d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURE**

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.

---

| | | |
|:---|:---|:---|
|  | **Scholar Rock Holding Corporation** | **Scholar Rock Holding Corporation** |
| Date: March 3, 2026 | By: | /s/ Junlin Ho |
|  |  | Junlin Ho |
|  |  | General Counsel & Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

**Scholar Rock Reports Fourth Quarter and Full Year 2025 Financial Results and Recent Business Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;· *Apitegromab Biologics License Application (BLA) resubmission and U.S. launch, following FDA approval, are anticipated in 2026 for the treatment of children and adults with spinal muscular atrophy (SMA)* 

&nbsp;&nbsp;&nbsp;&nbsp;· *FDA completed constructive meeting with Catalent Indiana, LLC (part of Novo Nordisk), with discussion of remediation progress and no additional corrective actions requested by FDA* 

&nbsp;&nbsp;&nbsp;&nbsp;· *Scholar Rock plans to resubmit BLA upon successful FDA reinspection of Catalent Indiana* 

&nbsp;&nbsp;&nbsp;&nbsp;· *Apitegromab Marketing Authorisation Application (MAA) review ongoing, with EMA decision anticipated in mid-2026; European launch expected in H2 2026, starting with Germany* 

&nbsp;&nbsp;&nbsp;&nbsp;· *Secured new debt facility, providing up to $550 million in non-dilutive capital to support commercialization of apitegromab and strategic advancement of key pipeline programs* 

&nbsp;&nbsp;&nbsp;&nbsp;· *Cash, cash equivalents, and marketable securities of $367.6 million as of December 31, 2025* 

&nbsp;&nbsp;&nbsp;&nbsp;· *Management to host conference call today at 8:00 a.m. ET* 

CAMBRIDGE, Mass.--(BUSINESS WIRE)— March 3, 2026 — Scholar Rock (NASDAQ: SRRK), a global biopharmaceutical company dedicated to dramatically improving the lives of children and adults with spinal muscular atrophy (SMA) and additional rare, severe, and debilitating neuromuscular diseases by applying its leading platform in myostatin biology to advance musculoskeletal health, today reported financial results for the fourth quarter and full year ended December 31, 2025, and provided an update on recent company developments.

"Our highest priority is to serve children and adults living with SMA by bringing apitegromab through the regulatory review process as quickly as possible," said David L. Hallal, Chairman and Chief Executive Officer of Scholar Rock. "To that end, we are encouraged by the FDA's continued engagement and shared sense of urgency as Novo Nordisk works expeditiously to remediate its Catalent Indiana facility. We are ready to resubmit our apitegromab BLA following successful reinspection of the site by the FDA."

Mr. Hallal continued, "As we prepare to usher in the next phase of innovation for patients with SMA, we continue to strengthen our financial position while aggressively advancing our pipeline and expect 2026 to be a transformative year for Scholar Rock."

**Business Highlights and Upcoming Milestones**

**<u>Apitegromab</u>**

Apitegromab is an investigational fully human monoclonal antibody designed to inhibit myostatin activation by selectively binding the pro- and latent forms of myostatin in skeletal muscle. It is the first and only muscle-targeted therapeutic candidate in spinal muscular atrophy (SMA) to demonstrate a statistically significant and clinically meaningful benefit in a pivotal Phase 3 clinical trial (SAPPHIRE).

**SMA Program**

&nbsp;&nbsp;&nbsp;&nbsp;· **BLA resubmission and U.S. launch, following approval, expected in 2026.** A meeting between FDA and Catalent Indiana occurred
early in the first quarter of 2026. The meeting was constructive and included a discussion of Novo Nordisk's progress remediating
the Catalent Indiana facility. No additional corrective actions were requested by FDA. Scholar Rock plans to resubmit the apitegromab
BLA following a successful reinspection of the site.

&nbsp;&nbsp;&nbsp;&nbsp;· **U.S. commercial team preparing for launch.** The commercial team is expanding its reach and deepening relationships with key
stakeholders, including SMA treatment centers and payers. The team's focus includes educating on the importance of addressing the
full motor unit, which consists of the motor neuron and the muscle.

&nbsp;&nbsp;&nbsp;&nbsp;· **European Medicines Agency (EMA) regulatory review ongoing.** A decision by EMA on the apitegromab Marketing Authorisation Application
(MAA) is expected in mid-2026. The European team continues to engage with key stakeholders on SMA disease awareness and education initiatives.
The Company is planning for an apitegromab launch in Europe in the second half of 2026, beginning with Germany.

&nbsp;&nbsp;&nbsp;&nbsp;· **Advancing key activities at second fill-finish facility.** Technology transfer continues at a second U.S.-based fill-finish facility
to strengthen supply continuity and support future commercial demand. Engineering runs are underway with additional manufacturing runs
planned through the second quarter of 2026. Scholar Rock expects to submit a supplemental BLA (sBLA) for this fill-finish facility later
in 2026.

&nbsp;&nbsp;&nbsp;&nbsp;· **Phase 2 OPAL clinical trial ongoing**. Enrollment and patient dosing continue in the Phase 2 OPAL study (NCT07047144). The trial
is designed to evaluate apitegromab in infants and toddlers with SMA under two years of age who have received an approved SMN1-targeted
gene therapy or who are receiving ongoing treatment with an approved SMN2-targeted therapy.

&nbsp;&nbsp;&nbsp;&nbsp;· **Development activities for subcutaneous apitegromab progressing.** Scholar Rock is advancing a subcutaneous formulation
of apitegromab intended to provide optionality for patients as a small volume, self- or caregiver-administered anti-myostatin antibody
suitable for an autoinjector. A Phase 1 study in healthy volunteers has been completed, and further development activities are ongoing,
including planned FDA and EMA regulatory engagements.

**FSHD Program**

&nbsp;&nbsp;&nbsp;&nbsp;· **Phase 2 FORGE trial on track for initiation in mid-2026.** Scholar Rock is developing apitegromab for the treatment
of people with facioscapulohumeral muscular dystrophy (FSHD). FSHD is a rare, progressive neuromuscular disease characterized by muscle
atrophy and functional decline, affecting approximately 30,000 individuals across the U.S. and Europe. The IND application
is cleared, and the Company continues to anticipate the initiation of a Phase 2 randomized, double-blind, placebo-controlled trial, called
FORGE, in mid-2026.

**<u>SRK-439</u>**

SRK-439 is a novel, investigational, subcutaneously administered myostatin inhibitor that binds to pro- and latent myostatin with high affinity and selectivity (i.e., no GDF11 or Activin A binding). Based on preclinical data, SRK-439 has the potential to potently inhibit myostatin and increase muscle mass.

&nbsp;&nbsp;&nbsp;&nbsp;· **Dosing continues in Phase 1 healthy volunteer study.** A Phase 1 study evaluating SRK-439 in healthy volunteers is underway,
with topline data expected in the second half of 2026.

**Corporate Update**

&nbsp;&nbsp;&nbsp;&nbsp;· **Secured new debt facility for up to $550 million in non-dilutive capital from funds managed by Blue Owl Capital (NYSE: OWL).** This
debt facility is expected to support commercialization of apitegromab and strategic advancement of key pipeline programs. The debt facility
matures in February 2032, and consists of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o $100 million, which became available at closing and was used to retire Scholar Rock's prior debt facility with Oxford Finance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o An additional $100 million to be drawn down in the first quarter of 2026;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Up to $150 million available upon FDA approval of apitegromab; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o An option for additional incremental facilities of up to $200 million at the mutual consent of Scholar Rock and Blue Owl Capital.

**Fourth Quarter and Full Year 2025 Financial Results**

Scholar Rock reported a net loss of $91.0 million, including stock-based compensation of $19.4 million, for the quarter ended December 31, 2025, compared to a net loss of $66.5 million, including stock-based compensation of $9.5 million, for the quarter ended December 31, 2024. Net loss per common share was $0.76 for the quarter ended December 31, 2025, compared to $0.61 per common share for the quarter ended December 31, 2024. For the full year ended December 31, 2025, Scholar Rock reported a net loss of $377.9 million, including stock-based compensation of $75.6 million, compared to a net loss of $246.3 million for the year ended December 31, 2024, including stock-based compensation of $36.6 million. Net loss per common share was $3.29 for the full year ended December 31, 2025, compared to $2.47 per common share for the full year ended December 31, 2024.

&nbsp;&nbsp;&nbsp;&nbsp;· The Company did not record any revenue for the quarters ended December 31, 2025 and 2024, or for the full years ended December 31,
2025 and 2024.

&nbsp;&nbsp;&nbsp;&nbsp;· Research and development expense was $46.9 million, including $5.3 million in stock-based compensation, for the quarter ended December 31,
2025, compared to $50.4 million, including $4.0 million in stock-based compensation, for the quarter ended December 31, 2024. For
the full year ended December 31, 2025, research and development expense was $208.4 million, including $20.7 million in stock-based
compensation, compared to $184.5 million, including $16.0 million in stock-based compensation, for the full year ended December 31,
2024. &nbsp;&nbsp;&nbsp;&nbsp;· General and administrative expense was $45.0 million, including $14.1 million in stock-based compensation, for the quarter ended December 31,
2025, compared to $19.0 million, including $5.5 million in stock-based compensation, for the quarter ended December 31, 2024. For
the full year ended December 31, 2025, general and administrative expense was $176.2 million, including $54.9 million in stock-based
compensation, compared to $67.5 million, including $20.6 million in stock-based compensation, for the full year ended December 31,
2024. &nbsp;&nbsp;&nbsp;&nbsp;· As of December 31, 2025, Scholar Rock had cash, cash equivalents, and marketable securities of $367.6 million. This reflects
$60.4 million from the exercise of outstanding warrants for the quarter ended December 31, 2025.

**Conference Call Information**

Scholar Rock will host a conference call and webcast today, Tuesday, March 3, at 8:00 a.m. ET to review its fourth quarter and full year 2025 financial results and discuss recent business updates. To access the live audio webcast, please go to "Events and Presentations" in the Investors section of the Scholar Rock website at <u>http://investors.scholarrock.com</u>.

To participate via telephone, please register in advance <u>here</u>. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call. A replay of the webcast will be available on the Company's website for approximately 90 days.

**About Scholar Rock**

Scholar Rock® is a registered trademark of Scholar Rock, Inc.

**Availability of Other Information About Scholar Rock**

Investors and others should note that we communicate with our investors and the public using our company website www.scholarrock.com, including, but not limited to, company disclosures, investor presentations and FAQs, Securities and Exchange Commission filings, press releases, public conference call transcripts and webcast transcripts, as well as on X (formerly known as Twitter) and LinkedIn. The information that we post on our website or on X (formerly known as Twitter) or LinkedIn could be deemed to be material information. As a result, we encourage investors, the media and others interested to review the information that we post there on a regular basis. The contents of our website or social media shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

**Forward-Looking Statements**

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Scholar Rock's future expectations, plans and prospects, including without limitation, Scholar Rock's expectations regarding its growth, strategy, progress and timing of its clinical trials for apitegromab, SRK-439 and its preclinical programs, and indication selection and development timing, including the timing of any regulatory submissions and anticipated approvals, the therapeutic potential, clinical benefits and safety of any product candidates, its ability to address the observations identified in the complete response letter, expectations regarding resubmission and timing of its BLA for apitegromab upon the successful FDA reinspection of Catalent Indiana, expectations regarding commercial launch timing in the U.S. and in Europe, expectations regarding a new fill finish facility and the achievement of important milestones, the ability of any product candidate to perform in humans in a manner consistent with earlier nonclinical, preclinical or clinical trial data, the potential of its product candidates and proprietary platform. The use of words such as "may," "might," "could," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "project," "intend," "future," "potential," or "continue," and other similar expressions are intended to identify such forward-looking statements. All such forward-looking statements are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, without limitation, whether preclinical and clinical data, including the results from the Phase 3 SAPPHIRE trial, will be sufficient to support regulatory approval, that preclinical and clinical data, including the results from the Phase 2 or Phase 3 clinical trial of apitegromab, or the preclinical data for SRK-439, are not predictive of, may be inconsistent with, or more favorable than, data generated from future or ongoing clinical trials of the same product candidates; whether the FDA will accept the remediations to the Novo Nordisk Bloomington Indiana fill finish facility in response to the FDA Observations, whether Scholar Rock will be able to resubmit its BLA in a timely manner and whether the updated BLA will be sufficient to support regulatory approval, Scholar Rock's ability to manage expenses or provide the financial support, resources and expertise necessary to identify and develop product candidates on the expected timeline; information provided or decisions made by regulatory authorities; competition from third parties that are developing products for similar uses; Scholar Rock's ability to obtain, maintain and protect its intellectual property; and Scholar Rock's dependence on third parties for development and manufacture of product candidates including, without limitation, to supply any clinical trials as well as those risks more fully discussed in the section entitled "Risk Factors" in Scholar Rock's Annual Report on Form 10-K for the year ended December 31, 2025, as well as discussions of potential risks, uncertainties, and other important factors in Scholar Rock's subsequent filings with the Securities and Exchange Commission. Any forward-looking statements represent Scholar Rock's views only as of today and should not be relied upon as representing its views as of any subsequent date. All information in this press release is as of the date of the release, and Scholar Rock undertakes no duty to update this information unless required by law.

![](tm267900d1_ex99-1img01.jpg)

![](tm267900d1_ex99-1img02.jpg)

**Investor Contact**

Laura Ekas, Ph.D.

<u>ir@scholarrock.com</u>

917-439-0374

**Media Contact**

Molly MacLeod, Ph.D.

<u>media@scholarrock.com</u>

802-579-5995