UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

Date of report: July 08, 2022

 

Commission File Number: 001-38844

 

GENFIT S.A.

(Translation of registrant’s name into English)

 

Parc Eurasanté

885, avenue Eugène Avinée

59120 Loos, France

 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

☒ Form 20-F ☐ Form 40-F

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 
 

 

EXHIBIT LIST

 

Exhibit

 

Description

   
99.1   Press Release dated July 08, 2022.

 

 

 

 

 

 
 

 

SIGNATURES

 

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, thereunto duly authorized.

 

        GENFIT S.A.
       
Date: July 08, 2022       By:   /s/ Pascal PRIGENT
            Name: Pascal PRIGENT
            Title: Chief Executive Officer

 

Exhibit 99.1

 

GENFIT: Half-Year Report of Liquidity Contract with Crédit Industriel et Commercial

 

Lille, France; Cambridge, MA; July 08, 2022 - GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with severe chronic liver diseases, today announced the half-year report of the liquidity contract with Crédit Industriel et Commercial.

 

Under the liquidity contract GENFIT has with Crédit Industriel et Commercial, the following resources appeared on the liquidity account as of June 30, 2022:

 

· 160,021 shares
  · €449,526.73

       

During the first half of 2022, total trading was:

 

· On the buy side: 584,445 shares for a total amount of €2,076,404.94
  · On the sell side: 561,436 shares for a total amount of €2,013,057.81

 

During this same period, the number of trades were:

 

· On the buy side: 2,452
  · On the sell side: 2,289

 

As a reminder, upon signing of the contract, the following resources appeared on the liquidity account:  

 

· 27, 911 shares
  · €769 849,43

   

 

ABOUT GENFIT

 

GENFIT is a late-stage biopharmaceutical company dedicated to improving the lives of patients with severe chronic liver diseases characterized by high unmet medical needs. GENFIT is a pioneer in liver disease research and development with a rich history and strong scientific heritage spanning more than two decades. Thanks to its expertise in bringing early-stage assets with high potential to late development and pre-commercialization stages, today GENFIT boasts a growing and diversified pipeline of innovative therapeutic and diagnostic solutions.

 

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

1
 

 

Its R&D is focused on three franchises: cholestatic diseases, Acute on Chronic Liver Failure (ACLF) and NASH diagnostics. In its cholestatic diseases franchise, ELATIVE™, a Phase 3 global trial evaluating elafibranor1 in patients with Primary Biliary Cholangitis (PBC) is well underway following a successful Phase 2 clinical trial. Topline data is expected to be announced in the second quarter 2023. In 2021, GENFIT signed an exclusive licensing agreement with IPSEN to develop, manufacture and commercialize elafibranor in PBC and other indications.2 GENFIT is also developing GNS5611 in cholangiocarcinoma following the acquisition of exclusive rights in this indication from Genoscience Pharma in 20213. In ACLF, a Phase 1 clinical program with nitazoxanide has been initiated with data expected as early as the third quarter 2022. As part of its diagnostic solutions franchise, the Company entered into an agreement with Labcorp in 2021 to commercialize NASHnext®, powered by GENFIT’s proprietary diagnostic technology NIS4® in identifying at-risk NASH.

 

GENFIT has facilities in Lille and Paris, France, and Cambridge, MA, USA. GENFIT is a publicly traded company listed on the Nasdaq Global Select Market and on compartment B of Euronext’s regulated market in Paris (Nasdaq and Euronext: GNFT). In 2021, IPSEN became one of GENFIT’s largest shareholders and holds 8% of the company’s share capital. www.genfit.com

 

 

GENFIT FORWARD LOOKING STATEMENTS

 

This press release contains certain forward-looking statements with respect to GENFIT, including those within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s research and development programs. The use of certain words, including “consider”, “contemplate”, “think”, “aim”, “expect”, “understand”, “should”, “aspire”, “estimate”, “believe”, “wish”, “may”, “could”, “allow”, “seek”, “encourage” or “have confidence” or (as the case may be) the negative forms of such terms or any other variant of such terms or other terms similar to them in meaning is intended to identify forward-looking statements. Although the Company believes its projections are based on reasonable expectations and assumptions of the Company’s management, these forward-looking statements are subject to numerous known and unknown risks and uncertainties, which could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking statements. These risks and uncertainties include, among other things, the uncertainties inherent in research and development, including in relation to safety, biomarkers, progression of, and results from, its ongoing and planned clinical trials, review and approvals by regulatory authorities of its drug and diagnostic candidates, exchange rate fluctuations and the Company’s continued ability to raise capital to fund its development, as well as those risks and uncertainties discussed or identified in the Company’s public filings with the AMF, including those listed in Chapter 2 “Main Risks and Uncertainties” of the Company’s 2021 Universal Registration Document filed with the AMF on 29 April 2022 under n° D.22-0400, which is available on the Company’s website (www.genfit.com) and on the website of the AMF (www.amf-france.org) and public filings and reports filed with the U.S. Securities and Exchange Commission (“SEC”) including the Company’s 2021 Annual Report on Form 20-F filed with the SEC on April 29, 2022. In addition, even if the Company’s results, performance, financial condition and liquidity, and the development of the industry in which it operates are consistent with such forward-looking statements, they may not be predictive of results or developments in future periods. These forward-looking statements speak only as of the date of publication of this document. Other than as required by applicable law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise.

 

 

1  Elafibranor and GNS561 are investigational compounds that have not been reviewed nor been approved by a regulatory authority

2  With the exception of China, Hong Kong, Taiwan, and Macau where Terns Pharmaceuticals holds the exclusive license to develop and commercialize elafibranor

3  Agreement includes commercialization and development in the United States, Canada and Europe, including the United Kingdom and Switzerland

 

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

2
 

 

CONTACT

 

GENFIT | Investors

 

Tel: +33 3 2016 4000 | investors@genfit.com

 

PRESS RELATIONS | Media

 

Stephanie Boyer – Press relations | Tel: +333 2016 4000 | stephanie.boyer@genfit.com

 

 

 

 GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

3
 

 

APPENDIX

 

H1 2022

 

  Buy side Sell side

 

Date

Number of executions

 

Number of shares

 

Traded amounts in EUR

Number of executions

 

Number of shares

 

 

Traded amounts in EUR

TOTAL 2 452 584 445 2 076 404,94 2 289 561 436 2 013 057,81

03/01/20

22

9 3306 14 178,54 26 24178 105 091,23

04/01/20

22

21 11100 47 674,23 17 8231 35 689,53

05/01/20

22

24 9200 38 125,31 12 4500 18 636,97

06/01/20

22

20 7640 31 321,78 17 9372 38 685,28

07/01/20

22

9 2161 9 017,63 10 3908 16 346,58

10/01/20

22

18 8431 35 610,37 30 13734 58 414,80

11/01/20

22

16 9019 38 753,19 20 7034 30 405,12

12/01/20

22

15 5986 25 237,79 13 2572 10 985,69

13/01/20

22

14 5861 24 243,44 12 6857 28 540,03

14/01/20

22

17 5591 23 246,30 11 4595 19 157,51

17/01/20

22

11 6360 26 481,61 9 2578 10 822,64

18/01/20

22

3 1784 7 308,34 7 2822 11 698,30

19/01/20

22

20 8895 36 196,46 5 1874 7 673,99

20/01/20

22

11 3884 15 512,77 5 3810 15 332,51

21/01/20

22

40 14639 57 468,09 27 11125 43 793,98

24/01/20

22

88 39216 146 897,80 47 20027 74 427,72

25/01/20

22

17 8825 32 471,56 19 8323 30 840,72

26/01/20

22

23 12601 45 417,18 29 12170 44 129,41

27/01/20

22

34 17407 61 300,61 26 11049 38 977,85

28/01/20

22

20 4301 14 925,46 12 2995 10 406,68

31/01/20

22

19 8384 29 656,82 63 17147 61 141,86

01/02/20

22

6 2250 8 134,54 32 6939 25 362,73

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

4
 

 

02/02/20

22

6 2314 8 523,79 9 2365 8 807,67

03/02/20

22

22 9179 32 912,54 3 745 2 696,94

04/02/20

22

33 7261 25 277,27 15 2765 9 643,47

07/02/20

22

31 4599 15 560,50 43 4353 14 807,18

08/02/20

22

56 15323 53 900,34 58 18486 65 196,58

09/02/20

22

21 2936 10 220,05 16 2957 10 343,96

10/02/20

22

12 2536 8 810,88 17 3275 11 468,12

11/02/20

22

12 4798 17 057,75 25 8850 31 577,34

14/02/20

22

47 11538 40 461,00 26 6938 24 416,43

15/02/20

22

13 3941 13 926,14 25 9039 32 067,63

16/02/20

22

11 5139 18 692,17 35 12386 45 099,35

17/02/20

22

25 8790 31 775,33 11 3448 12 496,47

18/02/20

22

19 5047 18 016,43 12 3825 13 758,18

21/02/20

22

10 2137 7 551,87 13 2757 9 800,67

22/02/20

22

34 5882 20 392,99 22 4832 16 864,54

23/02/20

22

6 2737 9 832,38 13 4407 15 876,33

24/02/20

22

54 10901 36 390,62 40 7272 24 232,79

25/02/20

22

16 1914 6 485,05 26 4630 15 753,43

28/02/20

22

23 3901 13 092,34 14 2667 9 024,14

01/03/20

22

15 4225 14 842,10 25 6491 23 195,92

02/03/20

22

12 2448 8 300,92 17 3816 13 043,23

03/03/20

22

38 7726 26 714,14 14 2700 9 447,03

04/03/20

22

32 6841 22 201,05 16 2953 9 635,71

07/03/20

22

38 9360 27 925,73 28 7512 22 623,99

08/03/20

22

18 3638 11 283,89 40 8864 27 868,82

09/03/20

22

55 11116 37 925,96 92 16899 57 662,35

10/03/20

22

29 5792 19 587,31 34 6866 23 585,66

11/03/20

22

26 3881 13 017,65 22 4030 13 676,39

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com 

5
 

 

14/03/20

22

10 805 2 775,16 19 4377 15 116,94

15/03/20

22

21 2024 7 009,31 8 1386 4 816,80

16/03/20

22

10 1974 6 914,34 12 2619 9 218,92

17/03/20

22

19 3686 13 004,69 20 4153 14 709,41

18/03/20

22

7 1497 5 275,46 13 2216 7 882,91

21/03/20

22

4 625 2 212,50 3 615 2 189,38

22/03/20

22

9 1341 4 763,55 7 1653 5 903,35

23/03/20

22

13 2079 7 470,76 13 2079 7 512,32

24/03/20

22

8 884 3 141,53 3 198 704,90

25/03/20

22

6 992 3 497,26 5 798 2 841,80

28/03/20

22

9 1729 6 201,75 19 2095 7 545,75

29/03/20

22

12 1652 5 923,35 22 1718 6 196,29

30/03/20

22

7 1084 3 907,01 7 1650 5 982,61

31/03/20

22

11 1751 6 349,88 4 1070 3 913,64

01/04/20

22

5 483 1 733,32 5 195 703,57

04/04/20

22

5 757 2 741,29 6 1129 4 114,21

05/04/20

22

4 561 2 019,42 1 200 726,00

06/04/20

22

14 1618 5 709,07 12 1266 4 485,94

07/04/20

22

12 1397 4 982,18 15 2225 7 993,03

08/04/20

22

25 4871 17 985,86 21 4432 16 502,16

11/04/20

22

16 2989 11 158,93 31 5656 21 163,50

12/04/20

22

35 4412 16 375,52 16 3518 13 117,43

13/04/20

22

14 2406 9 184,39 24 5389 20 716,48

14/04/20

22

20 3785 14 691,40 9 2054 8 026,12

19/04/20

22

13 2110 7 827,16 11 1277 4 725,65

20/04/20

22

21 2267 8 300,35 6 858 3 151,42

21/04/20

22

9 1559 5 683,40 10 1789 6 556,05

22/04/20

22

20 3423 12 168,89      

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

6
 

 

25/04/20

22

15 2913 9 990,13 16 3169 10 936,69

26/04/20

22

12 1312 4 493,46 3 441 1 526,59

27/04/20

22

20 3212 10 703,78 12 2388 8 004,66

28/04/20

22

23 3943 13 121,21 21 2820 9 638,93

29/04/20

22

12 3375 11 225,24 15 4763 15 928,73

02/05/20

22

11 1642 5 457,63 15 1325 4 437,78

03/05/20

22

7 1107 3 725,96 10 1358 4 619,35

04/05/20

22

13 1517 5 033,26 4 381 1 273,35

05/05/20

22

23 3801 12 440,26 33 3414 11 290,28

06/05/20

22

16 2489 7 968,97 8 1040 3 349,30

09/05/20

22

13 1149 3 602,71 3 267 843,15

10/05/20

22

13 1169 3 617,64 4 473 1 468,75

11/05/20

22

8 1121 3 524,69 15 2025 6 388,48

12/05/20

22

22 3850 11 856,64 18 2624 8 106,02

13/05/20

22

16 2627 8 208,74 23 3716 11 683,77

16/05/20

22

22 3271 10 357,48 17 2967 9 495,71

17/05/20

22

18 1624 5 190,33 26 3533 11 303,12

18/05/20

22

16 1657 5 436,67 20 3246 10 687,19

19/05/20

22

10 1151 3 823,03 19 2512 8 442,74

20/05/20

22

13 1529 5 214,85 3 637 2 204,02

23/05/20

22

15 2201 7 475,95 25 2764 9 449,63

24/05/20

22

39 5916 19 773,02 11 1425 4 781,07

25/05/20

22

27 8554 27 116,26 17 8426 26 938,92

26/05/20

22

11 1944 6 300,93 5 1944 6 339,79

27/05/20

22

4 2264 7 365,92 11 2173 7 146,57

30/05/20

22

3 472 1 598,13 44 4998 16 868,54

31/05/20

22

32 5457 18 396,97 11 1234 4 199,76

01/06/20

22

24 3915 12 866,86 3 361 1 194,60

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

7
 

 

02/06/20

22

21 2731 8 836,98 13 1876 6 130,70

03/06/20

22

3 193 621,46 27 4764 15 684,31

06/06/20

22

23 3562 11 975,98 35 6102 20 725,91

07/06/20

22

45 5299 17 431,01 20 2888 9 510,53

08/06/20

22

15 1901 6 378,51 35 5146 17 262,43

09/06/20

22

36 6950 23 089,95 12 3887 12 942,17

10/06/20

22

25 5298 17 382,89 7 1764 5 832,74

13/06/20

22

54 10474 33 129,11 15 2153 6 742,24

14/06/20

22

36 8856 27 230,31 71 16983 53 354,95

15/06/20

22

44 9875 31 189,84 21 2418 7 640,52

16/06/20

22

42 8513 26 333,43 64 9792 30 510,51

17/06/20

22

26 6439 20 181,95 17 4092 13 050,04

20/06/20

22

4 771 2 401,10 4 524 1 643,39

21/06/20

22

2 254 792,49 2 254 801,60

22/06/20

22

16 1054 3 302,48 4 417 1 315,79

23/06/20

22

16 3511 10 970,78 3 160 504,63

24/06/20

22

7 2375 7 460,52 13 4940 15 641,60

27/06/20

22

27 9199 29 058,16 9 7718 24 595,00

28/06/20

22

1 1 3,10 10 8153 25 469,48

29/06/20

22

5 727 2 253,70 4 727 2 268,22

30/06/20

22

18 3778 11 628,76 9 1671 5 135,52

 

 

 

 

GENFIT | 885 Avenue Eugène Avinée, 59120 Loos - FRANCE | +333 2016 4000 | www.genfit.com

8