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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal
executive offices)
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(Zip Code)
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading
Symbol(s)
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Name of each exchange on which
registered
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| Item 2.02. |
Results of Operations and Financial Condition.
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| Item 9.01. |
Financial Statements and Exhibits.
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Press Release of Rocket Pharmaceuticals, Inc. dated August 10, 2026.
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL document).
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Rocket Pharmaceuticals, Inc.
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Date: August 10, 2026
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By:
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/s/ Martin Wilson
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Martin Wilson
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General Counsel and Chief Corporate Officer
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| • |
Positive Initial RP-A501 Safety Findings Support Regulatory Engagement on Next Steps in Danon Disease
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| o |
Rocket previously disclosed that the initial three patients were safely dosed under the modified pivotal Phase 2 protocol for RP-A501 in Danon disease. All three patients have completed the
protocol-defined safety observation period, with no thrombotic microangiopathy (TMA), capillary leak syndrome, or other significant safety concerns observed at the recalibrated dose with the refined immunomodulatory regimen.
|
| o |
The recalibrated Phase 2 dose of 3.8 × 10¹³ GC/kg was selected based on the characteristics of the current drug product, the underlying biology of Danon disease and the Phase 1 experience, with the
objective of preserving the potential for meaningful clinical benefit while optimizing RP-A501’s benefit-risk profile.
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| o |
Rocket is actively engaging with the FDA to seek alignment on the path to dosing additional patients and completing the pivotal Phase 2 trial and expects to provide an update on the regulatory
pathway in the second half of 2026.
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| o |
Rocket is on track to host an investor webinar in the second half of 2026 to provide a comprehensive Danon disease program update.
|
| o |
In parallel with the pivotal Phase 2 trial, Rocket’s global natural history study has enrolled more than 50 patients, including both males and females, building an increasingly robust longitudinal
dataset to further characterize Danon disease.
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| • |
Continued FDA Engagement and Phase 1 Enrollment for RP-A601 in PKP2 Arrhythmogenic Cardiomyopathy (PKP2-ACM)
|
| o |
Rocket continues to engage with the FDA regarding alignment on the design of a potential pivotal study of RP-A601 in PKP2-ACM with regulatory update expected in the second half of 2026. Previously
reported Phase 1 findings demonstrated increased PKP2 protein expression and improved desmosomal localization, together with directional improvements in arrhythmia measures and right ventricular function.
|
| o |
The ongoing Phase 1 study remains open and actively enrolling to further characterize biological activity across a broader range of disease severity.
|
| o |
Details of the Phase 1 study can be found at www.ClinicalTrials.gov under NCT identifier NCT05885412.
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| • |
Phase 1 Trial Initiation Anticipated in 2026 for RP-A701 in BAG3-Associated Dilated Cardiomyopathy (BAG3-DCM)
|
| o |
Patient screening and enrollment has begun, with initial patient dosing anticipated in the second half of 2026.
|
| o |
The multicenter, dose-escalation study is designed to evaluate the safety, biological activity and preliminary efficacy of RP-A701 in adults with BAG3-DCM. Details of the Phase 1 study can be found
at www.ClinicalTrials.gov under NCT identifier NCT07137338.
|
| • |
Focused Commercialization Strategy Underway for KRESLADI™ (marnetegragene autotemcel) Following FDA Approval
|
| o |
Following the announcement of the FDA’s accelerated approval of KRESLADI™ for severe leukocyte adhesion deficiency-I (LAD-I), Rocket is implementing a focused commercialization strategy
calibrated to the ultra-rare patient population and concentrated treatment landscape.
|

| o |
The strategy is centered on a limited network of specialized Qualified Treatment Centers and an appropriately scaled commercial infrastructure, supporting patient access while maintaining disciplined
investment.
|
| o |
KRESLADI represents Rocket’s first FDA-approved product and demonstrates the Company’s ability to advance a complex genetic medicine through clinical development, CMC, regulatory review, and
commercial readiness. Rocket anticipates commercial availability and the start of patient onboarding in the fourth quarter of 2026.
|
| o |
On June 12, 2026, Rocket announced the closing of the sale of its Rare Pediatric Disease Priority Review Voucher (PRV) for gross proceeds of $180 million. This substantial non-dilutive
capital strengthened Rocket’s financial position and supports the continued advancement of its prioritized cardiovascular pipeline.
|
| • |
Cash position. Cash, cash equivalents and investments as of
June 30, 2026, were $283.7 million. The cash position reflects the proceeds from the sale of the Rare Pediatric Disease Priority Review Voucher.
|
| • |
R&D expenses. Research and development expenses were
$29.5 million for the three months ended June 30, 2026, compared to $42.7 million for the three months ended June 30, 2025. The decrease of $13.2 million in R&D expenses was primarily driven by decreases in manufacturing and development and direct material costs of $7.5 million and stock-based and other compensation and benefit
expenses of $3.6 million due to decreased R&D headcount, depreciation expenses of $1.0 million due to decreased asset base, and clinical trial expenses of $1.0 million.
|
| • |
G&A expenses. General and administrative expenses were
$17.4 million for the three months ended June 30, 2026, compared to $25.0 million for the three months ended June 30, 2025. The decrease of $7.6 million in G&A expenses was primarily driven by decreases in commercial preparation-related
expenses of $4.8 million due to lower headcount and lower spending on commercial preparation, stock-based and other compensation and benefit expenses of $1.9 million due to decreased G&A headcount, and legal expenses of $1.4 million.
|
| • |
Other Income. Other Income was $178.8 million for the three
months ended June 30, 2026, compared to $2.2 million for the three months ended June 30, 2025. The increase in other income was primarily driven by the sale of the Rare Pediatric Disease Priority Review Voucher for net $178.2 million. The
increase was partially offset by a decline in accretion of discount on investments, net, of $1.5 million due to lower investment balance and interest rates year over year.
|
| • |
Income Taxes. Income taxes were $8.6 million for the three
months ended June 30, 2026, compared to $0.0 million for the three months ended June 30, 2025, as a result of generating net income in the three months ended June 30, 2026.
|
| • |
Net income. Net income was $123.2 million or $1.09 of basic
income per share and $1.08 of diluted income per share for the three months ended June 30, 2026, compared to a net loss of $68.9 million or $0.62 (basic and diluted loss per share) for the three months ended June 30, 2025.
|

| • |
Shares outstanding. 109,539,424 shares of common stock were
outstanding as of June 30, 2026.
|
| • |
Cash position. As of June 30, 2026, Rocket had cash, cash
equivalents and investments of $283.7 million. Based on its current operating plan, Rocket expects its cash, cash equivalents and investments as of June 30, 2026, to
fund operations into the second quarter of 2028.
|




|
Three Months Ended June 30,
|
Six Months Ended June 30,
|
|||||||||||||||
|
2026
|
2025
|
2026
|
2025
|
|||||||||||||
|
Operating expenses:
|
||||||||||||||||
|
Research and development
|
$
|
29,497
|
$
|
42,658
|
$
|
60,951
|
$
|
78,600
|
||||||||
|
General and administrative
|
17,425
|
25,020
|
34,482
|
53,466
|
||||||||||||
|
Restructuring
|
-
|
3,471
|
-
|
3,471
|
||||||||||||
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Total operating expenses
|
46,922
|
71,149
|
95,433
|
135,537
|
||||||||||||
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Loss from operations
|
(46,922
|
)
|
(71,149
|
)
|
(95,433
|
)
|
(135,537
|
)
|
||||||||
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Gain from sale of PRV
|
178,190
|
-
|
178,190
|
-
|
||||||||||||
|
Interest expense
|
(473
|
)
|
(473
|
)
|
(946
|
)
|
(945
|
)
|
||||||||
|
Interest and other income, net
|
347
|
483
|
508
|
1,819
|
||||||||||||
|
Accretion of discount on investments, net
|
693
|
2,220
|
1,922
|
4,410
|
||||||||||||
|
Earnings (losses) before Income Taxes
|
131,835
|
(68,919
|
)
|
84,241
|
(130,253
|
)
|
||||||||||
|
Provision for Income Taxes
|
(8,621
|
)
|
-
|
(8,621
|
)
|
-
|
||||||||||
|
Net income (loss)
|
$
|
123,214
|
$
|
(68,919
|
)
|
$
|
75,620
|
$
|
(130,253
|
)
|
||||||
|
Net income (loss) per share - basic
|
$
|
1.09
|
$
|
(0.62
|
)
|
$
|
0.67
|
$
|
(1.18
|
)
|
||||||
|
Net income (loss) per share - diluted
|
$
|
1.08
|
$
|
(0.62
|
)
|
$
|
0.66
|
$
|
(1.18
|
)
|
||||||
|
Weighted-average common shares outstanding - basic
|
112,844,880
|
111,019,647
|
112,491,433
|
110,559,113
|
||||||||||||
|
Weighted-average common shares outstanding - diluted
|
114,513,964
|
111,019,647
|
114,329,763
|
110,559,113
|
||||||||||||
|
June 30, 2026
|
December 31, 2025
|
|||||||
|
Cash, cash equivalents, and investments
|
$
|
283,747
|
$
|
188,929
|
||||
|
Total assets
|
423,098
|
330,449
|
||||||
|
Total liabilities
|
54,268
|
53,228
|
||||||
|
Total stockholders' equity
|
368,830
|
277,221
|
||||||