Summary by Futu AI
On June 12, 2024, Tharimmune, Inc., a biopharmaceutical company, filed a Form S-8 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing is to register an additional 159,733 shares of common stock under the company's Amended and Restated 2023 Omnibus Equity Incentive Plan. The plan, which was amended to include an 'evergreen' provision, will automatically increase the number of shares available each year starting January 1, 2025, until January 1, 2033. The increase will be the lesser of 5% of the outstanding common stock or a number determined by the Board. The registration statement incorporates by reference the company's previous filings, including its Annual Report on Form 10-K for the year ended December 31, 2023, and Quarterly Reports on Form 10-Q for the quarter ended March 31, 2024. Tharimmune's CEO, Randy Milby, and other executives have signed the filing, which also includes the company's indemnification provisions for directors and officers, as permitted by Delaware law.