Siga Technologies Inc 8-K, filed Jan 17, 2023
Siga Technologies Inc (SIGA)
8-K
2023-01-17
For: 2023-01-13
View Original
Added on
April 10, 2026
About this 8-K
Siga Technologies Inc filed this 8-K on January 17, 2023, reporting on events of January 13, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): January 13, 2023
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation or organization)
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(Commission file number)
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(I.R.S. employer identification no.)
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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: (212 )
672-9100
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 (see General Instruction A.2. below):
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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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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
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On January 13, 2023, Phillip Gomez provided notice to SIGA Technologies, Inc. (the “Company”) of his intent to retire as Chief
Executive Officer of the Company in 2023 and to resign from the Board of Directors (the “Board”) when he ceases to serve as Chief Executive Officer. The Board has initiated a search for Dr. Gomez’s successor, and Dr. Gomez is expected to remain in
his current role as Chief Executive Officer of the Company until his successor commences services as Chief Executive Officer of the Company. Dr. Gomez’s departure is not a result of any disagreement with the Company relating to the Company’s
operations, policies or practices.
A copy of the press release related to this announcement is attached as Exhibit 99.1 hereto and incorporated herein by reference.
On January 13, 2023, the Company entered into a transition agreement (the
“Transition Agreement”) with Dr. Gomez. The Transition Agreement provides that Dr. Gomez will continue to serve as Chief Executive Officer of the Company until a new Chief Executive Officer commences services with the Company in such role. Upon
such appointment of a new Chief Executive Officer, Dr. Gomez will continue to be employed with the Company as a senior advisor to the new Chief Executive Officer for up to 30 days (the end of such period, the “Transition Date”). Prior to the
Transition Date, Dr. Gomez will continue to receive compensation and benefits as provided under the terms of his employment agreement with the Company, dated October 13, 2016 (the “Employment Agreement”), including his annual bonus for 2022 to be
paid in March 2023, and a pro-rated annual bonus for 2023 based on actual performance to be paid in March 2024. Following the Transition Date, Dr. Gomez will be available to provide consulting services to the Company for 12 months following the
Transition Date, and he will receive monthly retainer fees equal to 50% of his monthly base rate as in effect immediately prior to the Transition Date. The Transition Agreement also provides that Dr. Gomez will continue to be subject to the
non-competition and non-solicitation covenants set forth in his Employment Agreement until the later of the (i) first anniversary of the date that Dr. Gomez ceases employment with the Company or (ii) termination of the consulting period.
The foregoing description is qualified in its entirety by reference to the Transition Agreement, a copy of which is attached as Exhibit 10.1 hereto and
incorporated herein by reference.
| Item 9.01 |
Financial Statements and Exhibits
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(d) The following exhibits are included in this report:
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Exhibit No.
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Description
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Transition Agreement, dated January 13, 2023, between SIGA Technologies, Inc. and Phillip Louis Gomez, III.
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Press Release, dated January 17, 2023.
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
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SIGA TECHNOLOGIES, INC.
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By:
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/s/ Daniel J. Luckshire
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Name:
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Daniel J. Luckshire
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Title:
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Chief Financial Officer
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Date: January 17, 2023
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Exhibit 10.1
EXECUTION VERSION
TRANSITION AGREEMENT
THIS TRANSITION AGREEMENT
(the “Agreement”), dated January 13, 2023 is entered into by SIGA Technologies, Inc., a Delaware corporation (the “Company”),
and Phillip Louis Gomez, III (“Executive”). Capitalized terms used and not otherwise defined herein shall have the meaning set forth in the Employment Agreement, dated October 13, 2016,
by and between the Company and Executive (the “Employment Agreement”).
RECITALS
WHEREAS, Executive currently
serves as the Chief Executive Officer of the Company pursuant to the Employment Agreement;
WHEREAS, Executive intends
to retire as Chief Executive Officer of the Company in 2023 and resign from the Board of Directors of the Company (the “Board”) when he ceases to serve as Chief Executive Officer; and
WHEREAS, the Company and
Executive (together, the “Parties”) each desire to enter into this Agreement to set forth the Parties’ agreement regarding such transition.
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the Parties agree as follows:
1. Transition. Executive shall continue to serve as Chief Executive Officer of the Company under the terms of the Employment Agreement until the Board appoints a successor to such role.
Upon a new Chief Executive Officer commencing services with the Company (the “Successor Commencement Date”), Executive shall immediately (i) be deemed to have tendered Executive’s
resignation from the Board, (ii) cease serving as the Company’s Chief Executive Officer and (iii) be employed by the Company as a Senior Advisor to the Chief Executive Officer of the Company and the Board (“Senior Advisor”) on the same terms and conditions set forth in Section 3 hereof, reporting to the Chief Executive Officer of the Company. Executive’s
employment with the Company as Senior Advisor shall end at the discretion of the Board but in no event shall continue for more than 30 days following the Successor Commencement Date (such date, the “Transition
Date”). Notwithstanding the foregoing, nothing contained in this Agreement shall prohibit either Party from terminating the employment of Executive for any reason prior to the Transition Date. For purposes of this Agreement,
the “Departure Date” shall be the date Executive’s employment with the Company is terminated for whatever reason, whether on or before the Transition Date. For avoidance of doubt, if
Executive’s employment with the Company is terminated prior to the Transition Date in a manner entitling Executive to severance payments and benefits under Section 5 of the Employment Agreement, then Executive shall be entitled to receive such
payments and benefits in accordance with the terms of the Employment Agreement. Effective as of the Departure Date, Executive shall resign from all positions Executive holds as a director, officer or employee with respect to the Company and its
subsidiaries and agrees to execute all further documents reasonably necessary or appropriate to further memorialize any or all such resignations.
2. Consulting Period.
(a) Solely to the extent that Executive remains employed by the Company through the Transition Date and subject to Executive executing and not revoking a standard release of claims in favor of the Company in the form customarily used by the
Company, then, effective as of the day immediately following the Transition Date and through the 12-month anniversary of the Transition Date (such period, the “Consulting Period” and,
such date, the “Consulting Period Termination Date”), Executive shall (either individually or through a limited liability company) be an independent contractor to the Company and serve
as a Company Advisor, reporting to the Chief Executive Officer of the Company and, in such capacity, shall provide advisory services as reasonably requested by the Company’s Chief Executive Officer and/or Board from time to time (the “Consulting Services”). During the Consulting Period, no director, executive officer, or employee of the Company shall have the authority to, nor shall it, supervise, direct or control the
manner, means, details or methods utilized by Executive to perform the Consulting Services or the location where Executive performs the Consulting Services. In exchange for the Retainer Fees (as defined below), Executive agrees to provide
Consulting Services at mutually agreed upon times consistent with Executive’s other business commitments for up to 40 hours per month, which represents less than twenty percent (20%) of the average level of services rendered by Executive to the
Company during the thirty-six (36) months immediately preceding the Transition Date. During the Consulting Period, the parties agree that nothing in this Agreement prevents Executive from performing services for other entities, provided that
such services do not materially impair executive’s ability to perform the consulting services or conflict with Executive’s obligations under Section 6 of the Employment Agreement to
the extent such obligations continue during the Consulting Period.
(b) Notwithstanding
anything to the contrary herein, the Consulting Period may be terminated prior to the Consulting Period Termination Date by either Party at any time; provided that, if
prior to the first anniversary of the Transition Date, (i) the Company terminates the Consulting Services without “Cause” (as defined below) or (ii) the Consulting Services are terminated due to Executive’s death or because Executive is unable
to perform the Consulting Services during the Consulting Period for a period of either (A) 120 consecutive days or (B) 6 months, in the aggregate, due to physical or mental incapacity or impairment, then the Company shall pay Executive all
unpaid Retainer Fees for the remainder of the initial Consulting Period ending on the 12-month anniversary of the Transition Date payable on the date they would have been paid absent termination of service. The Parties may renew this Agreement
with respect to the Consulting Services and extend the Consulting Period for additional periods upon mutual agreement of the Parties.
(c) For
purposes of the Consulting Period, “Cause” shall mean (i) Executive’s failure or refusal to perform Executive’s consulting duties under this Agreement (other than as a result of total
or partial incapacity due to physical or mental illness or death); (ii) any act by or omission of Executive constituting gross negligence or willful misconduct in connection with the performance of Executive’s consulting duties that materially
injures the reputation, business or business relationships of the Company or any of its affiliates; (iii) perpetration of an intentional and knowing fraud against or affecting the Company or any of its affiliates or any customer, client, agent,
or employee thereof; (iv) the commission by or indictment of Executive for (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment,” for these purposes, meaning a United States-based indictment,
probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made); (v) the breach of a covenant set forth in Section 4, herein, or Section 6 of the Employment Agreement to the extent such obligations continue post-employment; or (vi) any other material breach of the
Employment Agreement to the extent such obligations continue post-employment or this Agreement; provided that a termination of services for Cause by the Company based on
any of the events described in clauses (vi) shall only be effective on 15 days advance written notification, providing Executive the opportunity to cure, if reasonably capable of cure within said 15-day period; provided, however, that no such notification is required if the Cause event is not reasonably capable of cure or the Board
determines that its fiduciary obligation requires it to effect a termination of Executive for Cause immediately.
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(d) The Parties acknowledge and agree that, effective as of the Departure Date, Executive shall have experienced a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”).
3. Compensation.
(a) Prior to the Departure Date, Executive shall remain eligible to receive the compensation and benefits provided under, and in accordance with the terms of, the Employment Agreement, which shall include ordinary course increases in base
salary consistent with other executive officers of the Company as may be approved by the Board for calendar year 2023.
(b) The Company shall pay Executive an Annual Bonus (as defined in the Employment Agreement) for calendar year 2022, which shall be paid in normal course but no later than March 15, 2023.
(c) With respect to the Executive’s Annual Bonus for calendar year 2023, if Executive remains employed by the Company through the Transition Date or is terminated by the Company without Cause or by the Executive for Good Reason prior to the
Transition Date, the Company shall pay Executive an Annual Bonus, based upon actual performance, which shall be (i) prorated based on the number of days elapsing in 2023 prior to the Transition Date divided by 365 and (ii) paid no later than March 15, 2024.
(d) As consideration for the Consulting Services to be provided under this Agreement, during the Consulting Period, the Company agrees to pay Executive (or to a designated limited liability company at Executive’s direction) a monthly retainer
equal to 50% of Executive’s monthly base rate as of immediately prior to the Transition Date, which shall be pro-rated for any partial month the Executive provides the Consulting Services (the “Retainer
Fees”). The Retainer Fees shall be payable in arrears within thirty (30) days following the end of the applicable month. The Company shall reimburse Executive for Executive’s reasonable out-of-pocket expenses (including any
reasonable travel expenses to the extent Executive is required to travel for the Consulting Services) incurred in connection with the Consulting Services in accordance with the Company’s existing expense reimbursement procedures.
(e) Except as set forth in Section 3(d), above, Executive acknowledges and agrees that Executive shall not be eligible to receive any short- or long-term cash, equity- or
equity-based incentives for services performed during the Consulting Period.
4. Continuing Obligations. Executive and the Company hereby agree that Executive’s non-competition and non-solicitation covenants as set forth in Section 6(c) of the Employment Agreement (the “Continuing Obligations”) shall be in effect until the later of (A) the first anniversary of the Departure Date
or (B) the termination of the Consulting Period. Executive hereby reaffirms the Continuing Obligations and acknowledges and agrees that the Continuing Obligations remain in full force and are incorporated by reference as if set forth herein
and executed on the date hereof.
5. Miscellaneous.
(a) Governing Law. The validity, interpretation, construction, performance and enforcement of this Agreement shall be governed by the laws of the State of New York, without
application of any conflict of laws principles that would result in the application of the laws of any other jurisdiction.
(b) Severability. The provisions of this Agreement shall be deemed severable and the invalidity or unenforceability of any provision shall not affect the validity or enforceability
of the other provisions hereof.
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(c) Successors and Assigns. This Agreement shall inure to the benefit of and be enforceable by and binding upon, and may be assigned by the Company without Executive’s consent, to,
any purchaser of all or substantially all of the Company’s business or assets, or to any successor to the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise). Neither this Agreement nor any right or interest
hereunder shall be assignable or transferable by Executive, Executive’s beneficiaries or legal representatives, except by will or by the laws of descent and distribution.
(d) Notice. For the purposes of this Agreement, notices and all other communications shall be in writing and shall be deemed to have been duly given when personally delivered or sent
by e-mail, certified mail, return receipt requested, postage prepaid, addressed to the respective addresses last given by one Party to another Party or, if none, in the case of the Company, to the Company’s headquarters directed to the
attention of the Company’s General Counsel and, in the case of the Executive, to the most recent address shown in the personnel records of the Company. All notices and communications shall be deemed to have been received on the date of
delivery thereof.
(e) Entire Agreement; Certain Acknowledgements. This Agreement contains the entire agreement of the Parties with respect to the subject matter hereof and supersedes all prior
agreements, if any, understandings and arrangements, oral or written, between or among the Company and Executive with respect to the subject matter hereof; provided that,
except as otherwise provided in this Agreement, the Employment Agreement shall continue in accordance with its terms and the terms of this Agreement following the Effective Date. Executive acknowledges that (i) Executive has read and
understands this Agreement, is fully aware of its legal effect, has not acted in reliance upon any representations or promises made by the Company other than those contained in writing herein, and has entered into this Agreement freely based on
Executive’s own judgment, (ii) Executive has had the opportunity to consult with legal counsel of Executive’s choice in connection with the drafting, negotiation and execution of this Agreement, (iii) the changes in employment, position, titles
and responsibilities set forth herein shall not constitute Good Reason or a “good reason” under any plan or agreement entered into by and between the Company and its affiliates and Executive which contain such term or substantially similar
terms, and (iv) Executive is not entitled to severance payments or benefits pursuant to the Employment Agreement on the Transition Date.
(f) Headings. The headings and captions in this Agreement are provided for reference and convenience only, shall not be considered part of this Agreement, and shall not be employed
in the construction of this Agreement.
(g) Construction. This Agreement shall be deemed drafted equally by both the Parties, and any presumption or principle that the language is to be construed against either Party shall
not apply.
(h) Counterparts. This Agreement may be executed in several counterparts, each of which is an original and all of which shall constitute one instrument. It shall not be necessary in
making proof of this Agreement or any counterpart hereof to produce or account for any of the other counterparts.
(i) Withholding.
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Prior to the Departure Date, the Company shall be entitled to withhold (or to cause the withholding of) the amount, if any, of all taxes of any applicable jurisdiction required
to be withheld by an employer with respect to any amount paid to Executive hereunder. The Company, in its sole and absolute discretion, shall make all determinations as to whether it is obligated to withhold any taxes hereunder and the
amount thereof.
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All Retainer Fees payable to Executive under this Agreement shall be made in full, and without any
withholding, deduction, or offset of any taxes under any applicable jurisdiction. Executive hereby covenants and agrees that he shall be solely responsible for all taxes of any applicable jurisdiction with respect to all Retainer Fees
paid by the Company under this Agreement and agrees to indemnify and hold the Company harmless with respect to such taxes and withholding.
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(j) Section 409A. The Parties intend for the payments and benefits under this Agreement to be exempt from Section 409A or, if not so exempt, to be paid or provided in a manner which complies
with the requirements of such section, and intend that this Agreement shall be construed and administered in accordance with such intention. If any payments or benefits due to the Executive hereunder would cause the application of an
accelerated or additional tax under Section 409A, such payments or benefits shall be restructured in a manner which does not cause such an accelerated or additional tax. For purposes of the limitations on nonqualified deferred compensation
under Section 409A, each payment of compensation under this Agreement shall be treated as a separate payment of compensation. Without limiting the foregoing and notwithstanding anything contained herein to the contrary, to the extent required
in order to avoid accelerated taxation and/or tax penalties under Section 409A amounts that would otherwise be payable and benefits that would otherwise be provided pursuant to this Agreement during the six-month period immediately following
the Executive’s separation from service shall instead be paid on the first business day after the date that is six months following the Executive’s separation from service (or death, if earlier).
[Signature Page Follows]
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IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date and year first above written.
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SIGA TECHNOLOGIES, INC.
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By:
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/s/ Daniel J. Luckshire
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Name:
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Daniel J. Luckshire
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Title:
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Chief Financial Officer
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EXECUTIVE
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/s/ Phillip Louis Gomez, III
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PHILLIP LOUIS GOMEZ, III
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[Signature Page – Transition Agreement]
Exhibit 99.1
SIGA Technologies Announces Planned Retirement of CEO Phil Gomez in 2023
SIGA Board of Directors has initiated search for new CEO; Dr. Gomez expected to remain in position as CEO until the
search is completed to support the transition to a new CEO in 2023.
NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company
focused on the health security market, today announced that Phil Gomez, PhD, Chief Executive Officer of SIGA, has announced his intention to retire as CEO in 2023. SIGA’s Board of Directors has initiated a search for a new CEO, and Dr. Gomez is
expected to remain in position as CEO until his successor commences services as Chief Executive Officer of SIGA.
“Serving as CEO of SIGA since 2016 has been a profoundly rewarding professional experience as we have taken a range of steps to strengthen
and expand operations and worked diligently to respond to the global monkeypox outbreak,” said Dr. Gomez. “As we plan for new opportunities in the years ahead, I believe that this is the ideal time to bring in new leadership that can continue our
momentum. I look forward to working with the Board to effect a smooth leadership transition in 2023.”
“Phil Gomez has led SIGA through a period of significant growth and has positioned our team to target many new opportunities in the years
ahead. He has worked tirelessly to build a stronger international focus on the importance of planning and preparation to address global health crises,” said Mike Plansky, SIGA’s lead independent director. “We are grateful that Phil has agreed to
remain in his position as CEO as we search for a new CEO and plan for a seamless transition in 2023.”
ABOUT SIGA TECHNOLOGIES, INC. and TPOXX®
SIGA Technologies, Inc. is a commercial-stage pharmaceutical company focused on the health security market. Health security comprises
countermeasures for biological, chemical, radiological and nuclear attacks (biodefense market), vaccines and therapies for emerging infectious diseases, and health preparedness. Our lead product is TPOXX®, also known as tecovirimat and ST-246®, an
orally administered and IV formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. TPOXX is a novel small-molecule drug and the US maintains a supply of TPOXX under Project BioShield. The oral formulation of
TPOXX was approved by the FDA for the treatment of smallpox in 2018, and the IV formulation was approved for the same indication in 2022. The full label is available by clicking here.
Oral tecovirimat received approval from the European Medicines Agency (EMA) and the Medicines and Healthcare Products Regulatory Agency (MHRA) in the United Kingdom in 2022. The EMA and UK approvals include labeling for oral tecovirimat indicating
its use for the treatment of smallpox, monkeypox, cowpox, and vaccinia complications following vaccination against smallpox. The full label is available by clicking here. In
September 2018, SIGA signed a contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the office of the Assistant Secretary for Preparedness and Response within the U.S. Department of Health and Human Services, for
additional procurement and development related to both oral and intravenous formulations of TPOXX. For more information about SIGA, please visit www.siga.com. The information contained on the websites referenced in this press release is not incorporated by reference herein.
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as
amended, including statements relating to Dr. Phil Gomez’s intention to resign as SIGA’s Chief Executive Officer and the search for Dr. Gomez’s successor. The words or phrases “can be,” “believes,” “expects,” “intends,” “may affect,” “may depend,”
“believes,” “estimate,” “project” and similar words and phrases are intended to identify such forward-looking statements. Such forward-looking statements are subject to various known and unknown risks and uncertainties, and SIGA cautions you that any
forward-looking information provided by or on behalf of SIGA is not a guarantee of future performance. SIGA’s actual results could differ materially from those anticipated by such forward-looking statements due to a number of factors, some of which
are beyond SIGA’s control, including, but not limited to, (i) the risk that BARDA elects, in its sole discretion as permitted under our procurement contracts (“the BARDA Contracts”), not to exercise all, or any, of the remaining unexercised options
under those contracts, (ii) the risk that SIGA may not complete performance under the BARDA Contracts on schedule or in accordance with contractual terms, (iii) the risk that the BARDA Contracts are modified or canceled at the request or requirement
of the U.S. Government, (iv) the risk that the nascent international biodefense market does not develop to a degree that allows SIGA to successfully market TPOXX® internationally, (v) the risk that potential products, including potential alternative
uses or formulations of TPOXX® that appear promising to SIGA or its collaborators, cannot be shown to be efficacious or safe in subsequent pre-clinical or clinical trials, (vi) the risk that SIGA or its collaborators will not obtain appropriate or
necessary governmental approvals to market these or other potential products or uses, (vii) the risk that SIGA may not be able to secure or enforce sufficient legal rights in its products, including intellectual property protection, (viii) the risk
that any challenge to SIGA’s patent and other property rights, if adversely determined, could affect SIGA’s business and, even if determined favorably, could be costly, (ix) the risk that regulatory requirements applicable to SIGA’s products may
result in the need for further or additional testing or documentation that will delay or prevent SIGA from seeking or obtaining needed approvals to market these products, (x) the risk that the volatile and competitive nature of the biotechnology
industry may hamper SIGA’s efforts to develop or market its products, (xi) the risk that changes in domestic or foreign economic and market conditions may affect SIGA’s ability to advance its research or may affect its products adversely, (xii) the
effect of federal, state, and foreign regulation, including drug regulation and international trade regulation, on SIGA’s businesses, (xiii) the risk of disruptions to SIGA’s supply chain for the manufacture of TPOXX®, causing delays in SIGA’s
research and development activities, causing delays or the re-allocation of funding in connection with SIGA’s government contracts, or diverting the attention of government staff overseeing SIGA’s government contracts, (xiv) the risk that the U.S. or
foreign governments’ responses (including inaction) to national or global economic conditions or infectious diseases, such as COVID-19, are ineffective and may adversely affect SIGA’s business, and (xv) risks associated with responding to the recent
monkeypox outbreak, as well as the risks and uncertainties included in Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2021 and SIGA’s subsequent filings with the Securities and Exchange Commission. SIGA urges
investors and security holders to read those documents free of charge at the SEC’s website at http://www.sec.gov. All such forward-looking statements are current only
as of the date on which such statements were made. SIGA does not undertake any obligation to update publicly any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the
occurrence of unanticipated events.
The information contained in this press release does not necessarily reflect the position or the policy of the
Government and no official endorsement should be inferred.
Contacts:
Investor Contact
Laine Yonker, Edison Group
lyonker@edisongroup.com
Michael Crawford, Edison Group
mcrawford@edisongroup.com
Public Relations
Holly Stevens, Berry & Company
hstevens@berrypr.com