RPTX News & Events

Repare Therapeutics announced that its shareholders have approved the acquisition of all of the issued and outstanding common shares of the company by XenoTherapeutics and Xeno Acquisition Corp. by way of a statutory plan of arrangement at the special meeting of Shareholders held on January 16. The arrangement is subject to the approval of the Superior Court of Quebec and other customary closing conditions. The Court hearing for the final order to approve the Arrangement is expected to take place on January 23, and, assuming receipt of the approval of the Court and satisfaction of other customary conditions to closing, the completion of the arrangement is expected to occur on or about January 28.

Repare Therapeutics (RPTX) announced a definitive asset purchase agreement for Gilead Sciences (GILD) to acquire Repare's polymerase theta ATPase inhibitor, RP-3467. Under the terms of the Gilead Agreement, Repare will receive up to $30 million in total consideration, including a $25 million upfront payment, subject to customary holdbacks and adjustments, and an additional $5 million payment upon completion of specified technology transfer activities. On November 14, 2025, Repare announced that it had entered into a definitive arrangement agreement with XenoTherapeutics and Xeno Acquisition, pursuant to which Xeno will acquire all of the issued and outstanding common shares of Repare. Under the terms of the Arrangement Agreement, Repare shareholders will receive a cash payment per Common Share that will be determined based upon Repare's cash balance at closing of the Arrangement Transaction. The upfront portion of the consideration payable under the Gilead Agreement has increased Repare's cash balance and, therefore, has also increased the estimated Closing Net Cash Amount. Based on Repare's revised estimate of the Closing Net Cash Amount, it is now currently estimated that each Repare shareholder will receive a cash payment of approximately US$2.20 per Common Share at the Arrangement Closing.