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

 

October 4, 2021

Date of Report (Date of earliest event reported)

 

LifeSci Acquisition II Corp.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-39727   84-4278203
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

250 W. 55th St., #3401
New York, NY
  10019
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (646) 889-1200

 

N/A

(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

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

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

 

Title of each class   Trading Symbol(s)   Name of each exchange on
which registered
Shares of Common Stock, $0.0001 par value   LSAQ   The Nasdaq Stock Market LLC

 

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 x

 

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. ¨

 

 

 

 

 

 

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

 

As previously reported, on May 6, 2021, LifeSci Acqisition II Corp. (“LSAQ”), LifeSci Acquisition II Merger Sub, Inc. (“Merger Sub”), and Science 37, Inc. (“Science 37”), entered into a merger agreement (the “Merger Agreement”), pursuant to which Merger Sub will merge with and into Science 37, with Science 37 surviving the merger and becoming a wholly-owned subsidiary of LSAQ (collectively with the other transactions contemplated under the Merger Agreement, the “Business Combination”). The combined company after the Business Combination is referred to in this Current Report on Form 8-K as the “Combined Company.”

 

LSAQ held its special meeting of stockholders on October 4, 2021 (the “Special Meeting”). On August 27, 2021, the record date for the Special Meeting, there were 10,011,301 shares of LSAQ’s common stock entitled to vote at the Special Meeting. At the Special Meeting, there were 7,100,516 shares voted by proxy or in person, which is 70.93% of the total outstanding shares.

 

The final results for each of the matters submitted to a vote of LSAQ’s stockholders at the Special Meeting are as follows:

 

Proposal 1. Business Combination Proposal

 

Proposal 1, to approve the Business Combination, was passed with voting results as follows:

 

FOR   AGAINST   ABSTAIN
7,097,259   3,257   0

 

Proposal 2. Charter Approval Proposal

 

Proposal 2, to approve the Second Amended and Restated Certificate of Incorporation of LSAQ (the “Amended Charter”), was passed with voting results as follows:

 

FOR   AGAINST   ABSTAIN
7,097,259   3,257   0

 

Proposal 3. Governance Proposals

 

Proposal 3, to approve, on a non-binding advisory basis, five separate governance proposals relating to the following material differences between the first amended and restated certificate of incorporation of LSAQ and the Amended Charter, was passed. The voting results for each of the sub-proposals were as follows:

 

(a) to increase the number of shares of (i) common stock LSAQ is authorized to issue from 30,000,000 shares to 400,000,000 shares and (ii) preferred stock LSAQ is authorized to issue from 1,000,000 shares to 100,000,000 shares:

 

FOR   AGAINST   ABSTAIN
7,042,034   57,177   1,308

 

(b) require the vote of at least two-thirds (66 and 2/3%) of the voting power of the then outstanding shares of voting stock of LSAQ entitled to vote at an election of directors, rather than a simple majority, to amend, alter, repeal or rescind the certificate of incorporation:

 

FOR   AGAINST   ABSTAIN
6,273,380   827,136   0

 

(c) require the vote of at least two-thirds (66 and 2/3%) of the voting power of the then outstanding shares of voting stock of LSAQ entitled to vote at an election of directors, rather than a simple majority, to amend, alter, repeal or rescind the bylaws:

 

FOR   AGAINST   ABSTAIN
6,271,380   829,136   0

 

(d) require the vote of at least two-thirds (66 and 2/3%) of the voting power of the outstanding shares of capital stock, rather than a simple majority, to remove a director from office:

 

FOR   AGAINST   ABSTAIN
6,271,062   829,434   20

 

 

 

 

 

(e) remove certain provisions related to LSAQ’s status as a special purpose acquisition company that will no longer be relevant following the closing of the Business Combination:

 

FOR   AGAINST   ABSTAIN
7,093,711   6,605   200

 

Proposal 4. Incentive Award Plan

 

Proposal 4, to approve the Science 37 Holdings, Inc. 2021 Incentive Award Plan, was passed with voting results as follows:

 

FOR   AGAINST   ABSTAIN
7,092,021   7,135   1,360

 

Proposal 5. ESPP Proposal

 

Proposal 5, to approve the Science 37 Holdings, Inc. 2021 Employee Stock Purchase Plan, was passed with voting results as follows:

 

FOR   AGAINST   ABSTAIN
7,092,549   6,687   250

 

Proposal 6. Nasdaq Proposal

 

Proposal 6, to approve (i) for purposes of complying with Nasdaq Listing Rule 5635 (a) and (b), the issuance of more than 20% of the issued and outstanding shares of common stock and the resulting change in control in connection with the Business Combination, and (ii) for purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of more than 20% of the common stock in connection with the PIPE investment and the conversion of private placement warrants to shares of common stock upon the consummation of the Business Combination, was passed with voting results as follows:

 

FOR   AGAINST   ABSTAIN
7,091,661   8,605   250

 

Item 7.01 Regulation FD Disclosure.

 

LSAQ currently expects to close the Business Combination with Science 37 on October 6, 2021.

 

Forward-Looking Statements

 

Certain statements contained in this Current Report on Form 8-K, other than purely historical information, are “forward-looking statements.” Forward-looking statements include, but are not limited to, the timing and expected completion of the Business Combination. Forward-looking statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, risks and uncertainties associated with the ability to consummate the Business Combination. Therefore, you should not rely on any of these forward-looking statements. There can be no assurance that the Business Combination will in fact be completed in the manner described or at all. Forward-looking statements speak as of the date hereof, and LSAQ disclaims any obligation to update these forward-looking statements.

 

 

 

 

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.

 

Dated: October 6, 2021

 

  LIFESCI ACQUISITION II CORP.
     
  By:  

/s/ Andrew McDonald 

      Andrew McDonald
      Chief Executive Officer