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Unity Biotechnology Inc
285 EAST GRAND AVENUE
Phone: (650) 416-1192p:650 416-1192 SOUTH SAN FRANCISCO, CA  94080  United States Ticker: UBXUBX

On March 19, 2024, the Audit Committee of the Board of Directors of UNITY Biotechnology, Inc., after consultation with management, determined that the company incorrectly classified its warrants that were issued in August 2022 as equity which should have been recorded as liabilities and measured at fair value at each balance sheet date. As part of its determination, the Audit Committee concluded that it is appropriate to correct the accounting for the Warrants in the company’s financial statements for the year ended December 31, 2022 and the interim periods ended September 30, 2022, March 31, 2023, June 30, 2023, and September 30, 2023.

Business Summary
Unity Biotechnology, Inc. is engaged in developing therapeutics to slow, halt, or reverse diseases of aging. The Company is focused on creating medicines to selectively eliminate or modulate senescent cells. The Company is also focused on advancing senolytic programs primarily in ophthalmologic disorders. It is also focused on advancing other programs based on other biologies of aging to include an agonistic antibody to the Tie2 receptor and a Tie2/vascular endothelial growth factor (VEGF) bispecific to treat vascular eye disease. The Company's UBX1325 and UBX1967 are designed to inhibit the function of proteins that senescent cells rely on for survival. UBX1325 is an advanced drug candidate for age-related diseases of the eye, including diabetic macular edema (DME), age-related macular degeneration, (AMD), and diabetic retinopathy (DR). Its UBX2050 is an investigational, fully human anti-Tie2 agonist monoclonal antibody.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Keith R.Leonard 62 3/30/2020
Chief Executive Officer, Director AnirvanGhosh 59 3/30/2020 3/30/2020
Chief Financial Officer, Head of Corporate Development LynneSullivan 57 1/29/2021 8/1/2020
6 additional Officers and Directors records available in full report.

Business Names
Business Name
UBX
UNITY BIOTECHNOLOGY

General Information
Number of Employees: 19 (As of 12/31/2023)
Outstanding Shares: 16,786,647 (As of 4/11/2024)
Shareholders: 45
Stock Exchange: NASD
Federal Tax Id: 264726035
Fax Number: (302) 655-5049
Email Address: info@unitybiotechnology.com


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Wednesday, April 24, 2024