Form 8-K
8-K — SANGAMO THERAPEUTICS, INC
Accession: 0001193125-26-423054
Filed: 2026-10-16
Period: 2026-10-14
CIK: 0001001233
SIC: 2836 (BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES))
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — d453907d8k.htm (Primary)
EX-99.1 (d453907dex991.htm)
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8-K
8-K (Primary)
Filename: d453907d8k.htm · Sequence: 1
8-K
SANGAMO THERAPEUTICS, INC NASDAQ false 0001001233 0001001233 2026-10-14 2026-10-14
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
Date of Report (Date of earliest event reported): October 14, 2026
SANGAMO THERAPEUTICS, INC.
(Exact name of registrant as specified in its charter)
Delaware
000-30171
68-0359556
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
ID Number)
501 Canal Blvd., Richmond, California 94804
(Address of principal executive offices) (Zip Code)
(510) 970-6000
(Registrant’s telephone number, including area code)
Not Applicable
(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, $0.01 par value per share
SGMO
Nasdaq Capital Market *
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. ☐
*
Following a determination by the Nasdaq Stock Market LLC (“Nasdaq”) to delist the common stock of Sangamo Therapeutics, Inc. (the “Company”), the Company’s common stock was suspended from trading on Nasdaq on May 5, 2026 and currently trades on the OTC Pink Limited Market under the symbol “SGMOQ”. On July 14, 2026, the Nasdaq Hearings Panel issued a written determination letter denying the Company’s request to continue its listing on Nasdaq. On October 7, 2026, Nasdaq filed a Form 25 with the Securities and Exchange Commission to delist and deregister the Company’s common stock under Section 12(b) of the Exchange Act, which will become effective October 17, 2026.
Item 7.01
Regulation FD Disclosure.
As previously announced, on June 23, 2026, Sangamo Therapeutics, Inc. (the “Company”) filed a voluntary petition for relief under Chapter 11 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), thereby commencing a Chapter 11 case for the Company (the “Chapter 11 Case”). The case number is 26-10989 and the case is styled as In re Sangamo Therapeutics, Inc.
On October 14, 2026, the Company filed with the Bankruptcy Court its monthly operating report for the period beginning August 1, 2026 and ended August 31, 2026 (the “MOR”).
The information set forth in Item 7.01 of this Current Report on Form 8-K will not be deemed an admission as to the materiality of any information required to be disclosed solely by Regulation FD. The MOR is attached hereto as Exhibit 99.1. The MOR and additional information regarding the Chapter 11 Case is available at https://www.veritaglobal.net/SangamoTherapeutics. The documents and other information on this website are not part of this Current Report on Form 8-K and shall not be incorporated by reference.
The information contained in this Item 7.01 and in Exhibit 99.1 is being “furnished” and shall not be deemed to be “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, and shall not be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.
Cautionary Statement Regarding the MOR
The Company cautions investors and potential investors not to place undue reliance upon the information contained in the MOR, which was not prepared for the purpose of providing the basis for an investment decision relating to any of the securities of the Company. The MOR is limited in scope, covers a limited time period and has been prepared solely for the purpose of complying with the reporting requirements of the Bankruptcy Court. The MOR is not audited or reviewed by independent accountants, was not prepared in accordance with generally accepted accounting principles in the United States, is in a format prescribed by applicable bankruptcy laws or rules, and is subject to future adjustment and reconciliation. The MOR also contains information for periods shorter and otherwise different from those contained in the Company’s reports required to be filed pursuant to the Exchange Act. There can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the MOR is complete. Results set forth in the MOR should not be viewed as indicative of future results.
Cautionary Language Regarding Trading in the Company’s Common Stock
The Company’s stockholders are cautioned that trading in the Company’s common stock during the pendency of the Chapter 11 Case is highly speculative and poses substantial risks. The Company’s common stock has been suspended from trading on the Nasdaq Capital Market (“Nasdaq”), and following the filing of a Form 25 by Nasdaq on October 7, 2026, will be delisted and deregistered under Section 12(b) of the Exchange Act effective October 17, 2026. The Company’s common stock is currently trading on the OTC Pink Limited Market under the symbol “SGMOQ,” and trading prices for the Company’s common stock may bear little or no relationship to the actual recovery, if any, by holders thereof in the Company’s Chapter 11 Case. Accordingly, the Company urges extreme caution with respect to existing and future investments in its common stock.
Cautionary Language Regarding Forward-Looking Statements
This Current Report on Form 8-K contains certain forward-looking statements that reflect, when made, the Company’s current views with respect to current events and financial performance. These forward-looking statements are within the meaning of Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding process and potential outcomes of the Company’s Chapter 11 Case and/or statements preceded by, followed by or that include the words “intends,” “expects,”
“estimates,” “plans,” or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, there can be no assurance that its expectations will be achieved. Except as otherwise may be required by law, the Company undertakes no obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description of Document
99.1
Sangamo Therapeutics, Inc. Monthly Operating Report for the period ended August 31, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
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.
SANGAMO THERAPEUTICS, INC.
Date: October 15, 2026
By:
/s/ SCOTT B. WILLOUGHBY
Scott B. Willoughby
Chief Legal Officer and Corporate Secretary
EX-99.1
EX-99.1
Filename: d453907dex991.htm · Sequence: 2
EX-99.1
Exhibit 99.1
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
1 of 26
Docket #0513 Date Filed: 10/14/2026
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
In Re. SANGAMO THERAPEUTICS, INC.
§
Case No. 26-10989
§
§
Debtor(s)
§
☐ Jointly Administered
Monthly Operating Report
Chapter 11
Reporting Period Ended: 08/31/2026
Petition Date: 06/23/2026
Months Pending: 2
Industry Classification:
Reporting Method:
Accrual Basis
Cash Basis
Debtor’s Full-Time Employees (current):
73
Debtor’s Full-Time Employees (as of date of order for relief):
74
Supporting Documentation (check all that are attached):
(For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor)
☒
Statement of cash receipts and disbursements
☒
Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit
☒
Statement of operations (profit or loss statement)
☐
Accounts receivable aging
☐
Postpetition liabilities aging
☐
Statement of capital assets
☐
Schedule of payments to professionals
☒
Schedule of payments to insiders
☒
All bank statements and bank reconciliations for the reporting period
☒
Description of the assets sold or transferred and the terms of the sale or transfer
/s/ Nikunj Jain
Nikunj Jain
Signature of Responsible Party
Printed Name of Responsible Party
10/14/2026
Date
501 Canal Blvd., Suite A100 Richmond, CA 94804
Address
STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. §1320.4(a)(2) applies.
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
Part 1: Cash Receipts and Disbursements
Current Month
Cumulative
a.
Cash balance beginning of month
$
16,906,954
b.
Total receipts (net of transfers between accounts)
$
10,145,433
$
38,707,494
c.
Total disbursements (net of transfers between accounts)
$
3,826,691
$
20,338,902
d.
Cash balance end of month (a+b-c)
$
23,225,696
e.
Disbursements made by third party for the benefit of the estate
$
0
$
0
f.
Total disbursements for quarterly fee calculation (c+e)
$
3,826,691
$
20,338,902
Part 2: Asset and Liability Status
(Not generally applicable to Individual Debtors. See Instructions.)
Current Month
a.
Accounts receivable (total net of allowance)
$
90,355
b.
Accounts receivable over 90 days outstanding (net of allowance)
$
90,355
c.
Inventory (Book
Market
Other
(attach explanation))
$
0
d
Total current assets
$
25,398,606
e.
Total assets
$
147,881,705
f.
Postpetition payables (excluding taxes)
$
28,270,062
g.
Postpetition payables past due (excluding taxes)
$
768,173
h.
Postpetition taxes payable
$
308,160
i.
Postpetition taxes past due
$
0
j.
Total postpetition debt (f+h)
$
28,578,222
k.
Prepetition secured debt
$
0
l.
Prepetition priority debt
$
32,543
m.
Prepetition unsecured debt
$
78,651,484
n.
Total liabilities (debt) (j+k+l+m)
$
107,262,249
o.
Ending equity/net worth (e-n)
$
40,619,456
Part 3: Assets Sold or Transferred
Current Month
Cumulative
a.
Total cash sales price for assets sold/transferred outside the ordinary course of business
$
2,300,000
$
2,300,000
b.
Total payments to third parties incident to assets being sold/transferred outside the ordinary course of business
$
0
$
0
c.
Net cash proceeds from assets sold/transferred outside the ordinary course of business (a-b)
$
2,300,000
$
2,300,000
Part 4: Income Statement (Statement of Operations)
(Not generally applicable to Individual Debtors. See Instructions.)
Current Month
Cumulative
a.
Gross income/sales (net of returns and allowances)
$
430,190
b.
Cost of goods sold (inclusive of depreciation, if applicable)
$
0
c.
Gross profit (a-b)
$
430,190
d.
Selling expenses
$
0
e.
General and administrative expenses
$
3,679,482
f.
Other expenses
$
602,848
g.
Depreciation and/or amortization (not included in 4b)
$
137,645
h.
Interest
$
192,082
i.
Taxes (local, state, and federal)
$
0
j.
Reorganization items
$
9,979,799
k.
Profit (loss)
$
-14,449,029
$
-29,369,386
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
Part 5: Professional Fees and Expenses
a.
Approved
Current Month
Approved
Cumulative
Paid Current
Month
Paid
Cumulative
Debtor’s professional fees & expenses (bankruptcy) Aggregate Total
$515,399
$515,399
Itemized Breakdown by Firm
Firm Name
Role
i
Raymond James
Financial Professional
$175,000
$175,000
ii
Verita
Other
$340,399
$340,399
iii
iv
v
vi
vii
viii
ix
x
xi
xii
xiii
xiv
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
xxxvii
xxxviii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvii
lxxxviii
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
ci
b.
Approved
Current Month
Approved
Cumulative
Paid Current
Month
Paid
Cumulative
Debtor’s professional fees & expenses (nonbankruptcy) Aggregate Total
Itemized Breakdown by Firm
Firm Name
Role
i
ii
iii
iv
v
vi
vii
viii
ix
x
xi
xii
xiii
xiv
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
xv
xvi
xvii
xviii
xix
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi
xxxvii
xxxviii
xxxix
xl
xli
xlii
xliii
xliv
xlv
xlvi
xlvii
xlviii
xlix
l
li
lii
liii
liv
lv
lvi
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
lvii
lviii
lix
lx
lxi
lxii
lxiii
lxiv
lxv
lxvi
lxvii
lxviii
lxix
lxx
lxxi
lxxii
lxxiii
lxxiv
lxxv
lxxvi
lxxvii
lxxviii
lxxix
lxxx
lxxxi
lxxxii
lxxxiii
lxxxiv
lxxxv
lxxxvi
lxxxvii
lxxxviii
lxxxix
xc
xci
xcii
xciii
xciv
xcv
xcvi
xcvii
xcviii
xcix
c
c. All professional fees and expenses (debtor & committees)
$ 0
$ 0
$515,399
$515,399
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
Part 6: Postpetition Taxes
Current Month
Cumulative
a. Postpetition income taxes accrued (local, state, and federal)
$
0
$
0
b. Postpetition income taxes paid (local, state, and federal)
$
0
$
0
c. Postpetition employer payroll taxes accrued
$
211,413
$
493,588
d. Postpetition employer payroll taxes paid
$
455,499
$
877,333
e. Postpetition property taxes paid
$
361,948
$
361,948
f. Postpetition other taxes accrued (local, state, and federal)
$
96,747
$
154,151
g. Postpetition other taxes paid (local, state, and federal)
$
0
$
0
Part 7: Questionnaire - During this reporting period:
a. Were any payments made on prepetition debt? (if yes, see
Instructions)
Yes
No
b. Were any payments made outside the ordinary course of business without court
approval? (if yes, see Instructions)
Yes
No
c. Were any payments made to or on behalf of insiders?
Yes
No
d. Are you current on postpetition tax return filings?
Yes
No
e. Are you current on postpetition estimated tax payments?
Yes
No
f. Were all trust fund taxes remitted on a current basis?
Yes
No
g. Was there any postpetition borrowing, other than trade credit? (if yes, see
Instructions)
Yes
No
h. Were all payments made to or on behalf of professionals approved by the
court?
Yes
No
N/A
i. Do you have: Worker’s compensation insurance?
Yes
No
If yes, are your premiums current?
Yes
No
N/A
(if no, see Instructions)
Casualty/property insurance?
Yes
No
If yes, are your premiums current?
Yes
No
N/A
(if no, see Instructions)
General liability insurance?
Yes
No
If yes, are your premiums current?
Yes
No
N/A
(if no, see Instructions)
j. Has a plan of reorganization been filed with the court?
Yes
No
k. Has a disclosure statement been filed with the court?
Yes
No
l. Are you current with quarterly U.S. Trustee fees as set forth under 28
U.S.C. § 1930?
Yes
No
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
Part 8: Individual Chapter 11 Debtors (Only)
a. Gross income (receipts) from salary and wages
$ 0
b. Gross income (receipts) from self-employment
$ 0
c. Gross income from all other sources
$ 0
d. Total income in the reporting period (a+b+c)
$ 0
e. Payroll deductions
$ 0
f. Self-employment related expenses
$ 0
g. Living expenses
$ 0
h. All other expenses
$ 0
i. Total expenses in the reporting period (e+f+g+h)
$ 0
j. Difference between total income and total expenses (d-i)
$ 0
k. List the total amount of all postpetition debts that are past due
$ 0
l. Are you required to pay any Domestic Support Obligations as defined by 11
U.S.C § 101(14A)?
Yes
No
m. If yes, have you made all Domestic Support Obligation payments?
Yes
No
N/A
Privacy Act Statement
28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. §§ 704, 1106,
and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor’s progress through
the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is needed
to perform the trustee’s or examiner’s duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures
may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee’s systems of records notice,
UST-001, “Bankruptcy Case Files and Associated Records.” See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link:
http://www.justice.gov/ust/ eo/rules_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).
I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting documentation are true and correct and that I
have been authorized to sign this report on behalf of the estate.
/s/ Nikunj Jain
Nikunj Jain
Signature of Responsible Party
Printed Name of Responsible Party
Interim Chief Financial Officer
10/14/2026
Title
Date
UST Form 11-MOR (12/01/2021)
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
PageOnePartOne PageOnePartTwo PageTwoPartOne PageTwoPartTwo
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Debtor’s Name SANGAMO THERAPEUTICS, INC.
Case No. 26-10989
Bankruptcy1to50 Bankruptcy51to100 NonBankruptcy1to50 NonBankruptcy51to100
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Case No. 26-10989
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IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT DELAWARE
)
In re:
)
Chapter 11
)
SANGAMO THERAPEUTICS, INC.
)
Case No. 26-10989 (CTG)
)
Debtor.1
)
)
GLOBAL NOTES AND STATEMENT OF LIMITATIONS, METHODOLOGY, AND DISCLAIMERS REGARDING THE DEBTOR’S MONTHLY
OPERATING REPORT
On
June 23, 2026 (the “Petition Date”), Sangamo Therapeutics, Inc. (the “Debtor”) commenced the above-captioned chapter 11 case by filing a voluntary petition for relief under chapter 11 of title 11 of the
United States Code (the “Bankruptcy Code”) with the United States Bankruptcy Court for the District of Delaware (the “Court”). The Debtor is authorized to operate its business as a
debtor-in-possession pursuant to sections 1107(a) and 1108 of the Bankruptcy Code.
General Methodology
The Debtor is filing its monthly operating report (the “MOR”) for the period from August 1, 2026 through
August 31, 2026 (the “Reporting Period”) for purposes of complying with the monthly reporting requirements applicable in the Debtor’s chapter 11 case. The MOR is unaudited and has not been prepared in accordance with
accounting principles generally accepted in the United States of America (“U.S. GAAP”) and does not include all of the information and footnotes required by U.S. GAAP. The MOR is not intended to reconcile to any financial
statements otherwise prepared or distributed by the Debtor. The MOR should not be relied upon by any persons for information relating to current or future financial condition, events, or performance of the Debtor or its affiliates, as the results of
operations contained herein are not necessarily indicative of results which may be expected from any other period or for the full year and may not necessarily reflect the results of operations, financial position, and schedule of receipts and
disbursements in the future.
Basis for Presentation
In preparing the MOR, the Debtor relied on financial information from its books and records at the time of such preparation. The financial
information contained in the MOR is derived from the Debtor’s books and records without, among other things, all adjustments or reclassification that may be necessary or typical to accord with U.S. GAAP.
1
The Debtor and the last four digits of its taxpayer identification number are: Sangamo Therapeutics, Inc.
(9556). The Debtor’s mailing address is 7000 Marina Blvd, Brisbane, CA 94005.
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This information has not been subjected to procedures that would typically be applied to
financial information presented in accordance with U.S. GAAP or any other recognized financial reporting framework. If such procedures were applied, the Debtor believes that the financial information presented in the MOR could be subject to change,
including material change.
Although the Debtor made efforts to ensure the accuracy and completeness of the MOR, given the complexity of
the Debtor’s business, inadvertent errors or omissions may occur. Accordingly, the Debtor hereby reserves all rights to dispute the nature, validity, status, enforceability, or executory nature of any claim amount, agreement, representation,
or other statement set forth in the MOR. Further, the Debtor reserves the right to amend or supplement the MOR, if necessary, but shall be under no obligation to do so.
Moreover, given, among other things, the uncertainty surrounding the valuation and ownership of certain assets and the valuation and nature of
certain liabilities, to the extent the Debtor shows more assets than liabilities, it is not an admission that the Debtor was solvent as of the Petition Date or at any time prior to the Petition Date. Likewise, to the extent the Debtor shows more
liabilities than assets, it is not an admission that the Debtor was insolvent at the Petition Date or any time prior to the Petition Date.
For the reasons discussed above, there can be no assurance that the financial information presented in the MOR is complete, and readers are
strongly cautioned not to place undue reliance on the MOR.
Each signatory to the MOR has necessarily relied upon the efforts, statements,
advice, and representations of personnel of the Debtor and the Debtor’s advisors and professionals. Each signatory has not (and could not have) personally verified the accuracy of each such statement, representation, and answer contained in
the MOR.
Reporting Period
Unless otherwise noted herein, the MOR generally reflects the Debtor’s books and records for the applicable Reporting Period. Unless
otherwise noted herein, no adjustments have been made for activity occurring after the close of the Reporting Period.
Accuracy
The financial information disclosed in the MOR was not prepared in accordance with federal or state securities laws or other
applicable non-bankruptcy law or in lieu of complying with any periodic reporting requirements thereunder. Persons and entities trading in or otherwise purchasing, selling, or transferring the claims against
or equity interests in the Debtor should evaluate the financial information in light of the purposes for which it was prepared. The Debtor and its advisors are not liable for and undertake no responsibility to indicate variations from securities
laws in the MOR or for any evaluations of the Debtor, including of their financial condition, based on this financial information or any other information.
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Debtor in Possession Financing
On June 25, 2026, the Court entered the Interim Order (A) Authorizing the Debtor to Obtain Postpetition Financing,
(B) Granting Liens and Providing Claims with Superpriority Administrative Expense Status, (C) Modifying Automatic Stay, (D) Scheduling Final Hearing, and (E) Granting Related Relief [Docket No. 63] (the
“Initial Interim DIP Order”) authorizing the Debtor to enter into a senior secured superpriority debtor-in-possession term loan facility (the
“Initial DIP Facility”). Prior to the Reporting Period, the Debtor drew $10,500,000 under the Initial DIP Facility. Please refer to the motion [Docket No. 10] seeking entry of the Initial Interim DIP Order for additional
information regarding the Initial DIP Facility.
On July 23, 2026, the Court entered the Interim Order
(A) Authorizing the Debtor to Obtain Replacement Postpetition Financing, (B) Granting Liens and Providing Claims with Superpriority Administrative Expense Status, (C) Modifying Automatic Stay,
(D) Scheduling Final Hearing, and (E) Granting Related Relief [Docket No. 176] (the “Replacement Interim DIP Order”), which, among other things, authorized the Debtor to enter into a senior
secured superpriority debtor-in possession term loan facility (the “Replacement DIP Facility”) with Future Solution Investments LLC (“FSI”), as lender, to replace the
Initial DIP Facility. Prior to the Reporting Period, the Debtor incurred $18 million in DIP Obligations (as defined in the Replacement DIP Order) under the Replacement DIP Facility, $11,432,958 of which was paid by the Debtor or on the
Debtor’s behalf to satisfy all outstanding obligations arising under the Initial DIP Facility, including all fees. Please refer to the motion [Docket No. 161] (the “Replacement DIP Motion”) seeking entry of the
Replacement Interim DIP Order for additional information regarding the Replacement DIP Facility.
On August 20, 2026, the Court
entered an order [Docket No. 360] (the “Replacement Final DIP Order,” and together with the Initial Interim DIP Order and the Replacement Interim DIP Order, the “DIP Orders”) granting the relief requested
in the Replacement DIP Motion on a final basis. The Final Replacement DIP Order authorized the Debtor to borrow up to $35 million under the Replacement DIP Facility ($17 million more than was authorized by the Replacement Interim DIP
Order). During the Reporting Period, (i) the Debtor drew $7 million in additional DIP Obligations under the Replacement Final DIP Order, and (ii) FSI credit bid $250,000 of DIP Obligations in connection with the FSI Equipment Sale (as
defined below).
Payment of Prepetition Claims Pursuant to First Day Orders
Pursuant to certain interim orders of the Court entered on or about June 24, 2026 and final orders of the Court entered on or about
July 21, 2026 (the “First Day Orders”), the Debtor is authorized (but not directed) to pay, among other things, certain prepetition claims of employees and taxing authorities. Accordingly, these liabilities may have been or
may be satisfied in accordance with such First Day Orders. To the extent any payments were made on account of prepetition claims following the Petition Date pursuant to the authority granted to the Debtor under the First Day Orders, such payments
have been included in the MOR (subject to the notes and statements and limitations provided herein).
Reservation of Rights
The Debtor reserves all rights to amend or supplement the MOR in all respects, as may be necessary or appropriate. Nothing
contained in the MOR shall constitute a waiver of any of the Debtor’s rights or an admission with respect to any claim against the Debtor or otherwise in connection with this chapter 11 case.
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Specific MOR Disclosures
Part 1: Cash Receipts and Disbursements
Pursuant to the
DIP Orders, fees and expenses of estate professionals were placed into the Professional Fees Account (as defined in the DIP Orders) maintained by the Debtor. The transfer of such funds to the Professional Fee Account were treated as a transfer
between Debtor accounts, and, therefore, were not treated as a distribution in Part 1(c). Professional fees will be treated as a disbursement in the reporting period in which they are paid to the applicable professionals.
Similarly, pursuant to the interim and final orders approving, among other things, the Debtor’s proposed form of adequate assurance of payment to
utility companies [Docket Nos. 56 & 142] (the “Utilities Orders”), the Debtor deposited funds into the Utility Deposit Account (as defined in the Utilities Orders) prior to the Reporting Period. The Utility Deposit Account is
a segregated account maintained by the Debtor. Accordingly, the funds in such account will be treated as disbursements only if they are ultimately paid to a third party.
Notes to Part 2: Asset and Liability Status
Unless
otherwise noted, all asset and liability information included in the MOR reflects net book value, which may differ from current market value. As set forth above, this information has not been subjected to procedures that would typically be applied
to financial information presented in accordance with U.S. GAAP or any other recognized financial reporting framework. If such procedures were applied, the Debtor believes that the financial information presented in the MOR could be subject to
change, including material change. Asset and liability information includes intercompany claims and other assets and liabilities which may not be settled in cash.
The Debtor continues to pay postpetition invoices on account of postpetition goods provided and services rendered in the ordinary course of business.
Given the Petition Date did not occur at month end, certain prepetition and postpetition liability balances are estimated. The Debtor has sought to assign
liabilities to the prepetition and postpetition periods based on the information available as of and at the time the MOR was prepared. As additional information becomes available, the allocation of liabilities between prepetition and postpetition
periods may change. The Debtor reserves the right to amend the balances as it deems appropriate and any such amendments will be reflected in future MORs.
The amounts listed as “Prepetition Secured Debt,” “Prepetition Priority Debt” and “Prepetition Unsecured Debt” are
preliminary and are subject to ongoing review and reconciliation by the Debtor. All amounts and classifications are subject to material adjustments.
Regarding Part 2c, the Debtor does not hold inventory; therefore, no inventory valuation method is applicable.
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Note to Part 3: Assets Sold or Transferred
On August 20, 2026, the Court entered: (i) an order [Docket No. 356] approving the sale (the “Surplus Equipment Sale”) of
certain equipment and office furniture to Surplus Solutions, LLC for $2,300,000 plus certain other consideration, and (ii) an order [Docket No. 358] approving the sale (the “FSI Equipment Sale,” and together with the
Surplus Equipment Sale, the “Equipment Sales”) of certain lab equipment to FSI for an offset of $250,000 against the DIP Obligations (as defined in the Replacement Final DIP Order) plus certain other consideration. Both equipment
sales closed on or about August 20, 2026.
Notes to Part 5: Professional Fees and Expenses
All payments to professionals were authorized by the Court’s orders approving the retention of various professionals in this Chapter 11 Case. For the
Reporting Period, such amounts represent: (i) fees paid to Kurtzman Carson Consultants, LLC dba Verita Global for services performed and expenses incurred in connection with its retention as claims and noticing agent (see Docket No. 55),
and (ii) a monthly fee payable to Raymond James & Associates, Inc., which is payable each month without a prior fee application (see Docket No. 276).
Notes to Part 6: Postpetition Taxes
Regarding Part
6c and 6d, postpetition employer payroll taxes accrued and paid include both the employer and employee portions of payroll taxes.
Notes to
Part 7: Questionnaire
Please see attached attestations regarding post-petition borrowing, payments on prepetition debt, and payments to insiders.
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
18
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UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
Sangamo Therapeutics, Inc.
Schedule
of Post-Petition Borrowing Activity
Case No: 26-10989
Reporting Period:
August 1, 2026 – August 31, 2026
The Debtor hereby submits this attestation regarding postpetition borrowing during the period of August 1, 2026 through August 31, 2026.
Pursuant to the Final Order (A) Authorizing the Debtor to Obtain Replacement Postpetition Financing, (B) Granting
Liens and Providing Claims with Superpriority Administrative Expense Status, (C) Modifying Automatic Stay, (D) Scheduling Final Hearing, and (E) Granting Related Relief [Docket
No. 360] (the “Replacement Final DIP Order”) during the reporting period: (i) the Debtor incurred $7 million in DIP Obligations under the Replacement DIP Facility (each as defined in the Replacement Final DIP
Order), and (ii) FSI credit bid $250,000 of DIP Obligations in connection with the FSI Equipment Sale.
/s/ Nikunj Jain
October 14, 2026
Signature of Authorized Individual
Date
Nikunj Jain
Interim Chief Financial Officer
Printed Name of Authorized Individual
Title of Authorized Individual
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
19
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UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
Sangamo Therapeutics, Inc.
Schedule
of Payments on Prepetition Debt
Case No: 26-10989
Reporting Period:
August 1, 2026 – August 31, 2026
All payments made by the Debtor during the Reporting Period (and included in the disbursements reported in this MOR) were authorized under various final
orders granted by the Court, which authorized the Debtor’s various motions that were filed following the commencement of the chapter 11 case.
/s/ Nikunj Jain
October 14, 2026
Signature of Authorized Individual
Date
Nikunj Jain
Interim Chief Financial Officer
Printed Name of Authorized Individual
Title of Authorized Individual
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
20
of 26
UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
Sangamo Therapeutics, Inc.
Schedule
of Payments to Insiders
Case No: 26-10989
Reporting Period:
August 1, 2026 – August 31, 2026
The Debtor hereby submits this attestation regarding payments to insiders during the period of August 1, 2026 through August 31, 2026.
With respect to insiders, all cash payments made were on account of ordinary course salaries and authorized travel and expense reimbursements.
On July 31, 2026, the Court entered an order [Docket No. 216], among other things, authorizing the Debtor to implement a key employee retention
program and a key employee incentive program (the “KEIP/KERP Programs”). No payments were made under the KEIP/KERP Programs to insiders or otherwise during the Reporting Period.
As set forth in the Debtor’s motion seeking authority to pay prepetition employee obligations [Docket No. 9], the Debtor maintained certain
equity-based compensation programs prior to the Petition Date. Pursuant to such programs, certain employees, including certain executives that may be insiders, were awarded restricted stock units (the “RSUs”) prior to the Petition
Date. During the Reporting Period, 213,628 RSUs awarded to 74 individuals prior to the Petition Date vested. For the avoidance of doubt, the Debtor stopped awarding RSUs prior to the Petition Date and no RSUs or any other form of equity-based
compensation have been awarded since the Petition Date.
No other non-cash transfers were made during this
reporting period.
/s/ Nikunj Jain
October 14, 2026
Signature of Authorized Individual
Date
Nikunj Jain
Interim Chief Financial Officer
Printed Name of Authorized Individual
Title of Authorized Individual
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
21
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UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
Sangamo Therapeutics, Inc.
All bank
statements and bank reconciliations for the reporting period
Case No: 26-10989
Reporting Period:
August 1, 2026 – August 31, 2026
The Debtor hereby submits this attestation regarding bank account reconciliations in lieu of providing copies of bank statements, bank reconciliations, and
journal entries.
The Debtor’s standard practice is to ensure that bank reconciliations are completed as part of the month end close each reporting
period. I attest that each of the Debtor’s bank accounts has been reconciled in accordance with its standard practices.
/s/ Nikunj Jain
October 14, 2026
Signature of Authorized Individual
Date
Nikunj Jain
Interim Chief Financial Officer
Printed Name of Authorized Individual
Title of Authorized Individual
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
22
of 26
UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE
Sangamo Therapeutics, Inc.
Assets
Sold or Transferred
Case No: 26-10989
Reporting Period:
August 1, 2026 – August 31, 2026
The Debtor hereby submits this attestation regarding assets sold or transferred during the period of August 1, 2026 through August 31, 2026.
On August 20, 2026, the Court entered: (i) an order [Docket No. 356] approving the sale (the “Surplus Equipment Sale”) of
certain equipment and office furniture to Surplus Solutions, LLC for $2,300,000 plus certain other consideration, and (ii) an order [Docket No. 358] approving the sale (the “FSI Equipment Sale,” and together with the
Surplus Equipment Sales, the “Equipment Sales”) of certain lab equipment to FSI for an offset of $250,000 against the DIP Obligations (as defined in the Replacement Final DIP Order) plus certain other consideration. Both equipment
sales closed on or about August 20, 2026.
/s/ Nikunj Jain
October 14, 2026
Signature of Authorized Individual
Date
Nikunj Jain
Interim Chief Financial Officer
Printed Name of Authorized Individual
Title of Authorized Individual
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Sangamo Therapeutics Inc.
MOR #3 - Statement of cash receipts and
disbursements
$ in 000s
07/01/2026 -
07/31/2026
08/01/2026 -
08/31/2026
Receipts
Receipts
$
59
$
3,145
DIP Draw
$
18,000
$
7,000
Total Receipts
$
18,059
$
10,145
Operational Disbursements
Payroll & Benefits
$
1,747
$
1,693
Rent & Facilities
1,348
319
Program Costs
319
226
International Operations
416
240
Other Operating Disbursements
271
579
Total Operational Disbursements
$
4,101
$
3,057
Restructuring Disbursements
Professional Fees
—
$
515
US Trustee Fees
—
4
DIP Interest & Fees
933
250
DIP Repayments
10,500
—
Total Restructuring Disbursements
$
11,433
$
769
Net Cash Flow
$
2,525
$
6,319
Cash, cash equivalents, and restricted cash, beginning of period
$
14,382
$
16,907
Cash, cash equivalents, and restricted cash, end of period
$
16,907
$
23,226
1 of 4
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Sangamo Therapeutics Inc.
MOR #3 - Balance sheet
$ in 000s
As of
07/31/2026
08/31/2026
Assets
Cash, Cash Equivalents and Restricted Cash
$ 16,910
$ 23,197
Accounts Receivables
500
90
Other Current Assets
2,977
2,111
Total Current Assets
$ 20,387
$ 25,399
Property, Plant & Equipment (Net)
$ 9,430
$2
Right of Use Assets3
2,694
—
Other Non-Current Assets
779
613
Investments in Subsidiaries
115,762
115,762
I/C Receivables - Non-Current
6,067
6,106
Total Non-Current Assets
$ 134,731
$ 122,483
Total Assets
$ 155,118
$ 147,882
Liabilities and Stockholders’ Equity
A/P and Accrued Liabilities
$ 36,735
$ 44,182
Compensation and Benefits Liabilities
17,304
17,397
DIP Loan Payables2
18,000
24,942
Other Current Liabilities1
8,713
9,723
I/C Payables - Current
42,687
42,903
Other Non-Current Liabilities1
23,240
14,754
I/C Payables - Non-Current
703
708
Total Liabilities
$ 147,383
$ 154,609
Stock
$ 1,643,342
$ 1,643,328
Retained Earnings
(1,564,836
)
(1,564,836
)
Other Equity
(30
)
(30
)
Net Income
(70,741
)
(85,190
)
Total Stockholders’ Equity
$ 7,735
($ 6,727
)
Total Liabilities and Stockholders’ Equity
$ 155,118
$ 147,882
Notes:
1.
Includes:
a.
Deferred Revenues
b.
Lease Liabilities; the Richmond lease is presented as a one-year
liability, estimated for lease rejection purposes
2.
Includes accrued August DIP interest of $192K (paid 9/2); net of FSI’s $250K lab equipment credit bid
3.
Fully written off in August in connection with the wind-down of Richmond facility
2 of 4
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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of 26
Sangamo Therapeutics Inc.
MOR #3 - Statement of operations
(profit or loss statement)
$ in 000s
07/01/2026 -
07/31/2026
08/01/2026 -
08/31/2026
Total Revenue
$ 720
$ 430
COGS
—
—
Gross Profit
$ 720
$ 430
Personnel & Staffing Costs1
$ 1,931
$ 1,693
R&D Expenses2
3,184
473
Selling Expenses
—
—
General and Administrative Expenses4
863
1,037
Facilities & OH Expenses1
972
950
I/C Expenses2
28
127
Other Expenses2
19
3
Interest Expense
105
192
Restructuring Expenses3
4,244
9,980
Depreciation and/or amortization
216
138
Total Operating Expenses
$ 11,562
$ 14,592
Unrealized FX (Gain)/Loss
$ 336
$ 292
Non-Operating (Income)/Expense
(12
)
(5
)
Total Non-Operating (Income)/Expense
$ 323
$ 287
Net Profit/(Loss) for the Period
($ 11,165
)
($ 14,449
)
Notes:
1.
Considered under “General and Administrative Expenses” for MOR
2.
Considered under “Other Expenses” for MOR
3.
Includes professional fees and asset write-offs/disposals, net of lease rejection gains
4.
Includes D&O insurance expense for prior months not previously recognized, recorded in August
3 of 4
Case 26-10989-CTG Doc 513 Filed 10/14/26 Page
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Sangamo Therapeutics Inc.
MOR #3 - Detailed explanations
Part 2 - Question C - Inventory
Sangamo does not hold
inventory; therefore, no inventory valuation method is applicable
Part 7 - Question G - Was there any postpetition borrowing, other than trade credit?
Detail
Date
Payee/Lender Name
Amount
DIP draw
8/21/2026
Future Solution Investments LLC
$
7,000,000
4 of 4
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Security Exchange Name
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Document Period End Date
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Entity Incorporation State Country Code
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Entity File Number
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Entity Tax Identification Number
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
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Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration