Forte Biosciences Inc.

07/27/2026 | Press release | Distributed by Public on 07/27/2026 04:20

Email message to the Company’s employees from Paul A. Wagner, Chief Executive Officer of the Company, dated July 27, 2026 (Form SC14D9C)

Today, we announced that Forte has entered into an agreement to be acquired by argenx. You can read the full announcement here: [link to transaction press release].

While I understand this news may come as a surprise, I am genuinely energized by it. I believe this agreement is a testament to the promise of FB102 to treat celiac disease and vitiligo. The argenx team is enthusiastic about bringing FB102 into their growth plans and expanding their leadership in autoimmune diseases.

To everyone at Forte: thank you. I'm proud of what we've built together-the science, the clinical trials, and the difference we have the potential to make for patients. That doesn't change with this announcement.

So, what does this mean for you right now? The transaction is subject to the successful completion of the tender offer, antitrust clearance and other customary closing conditions, so there is no change today. Forte will continue to operate independently until the closing process is complete. Please stay focused on what matters most: advancing FB102 through its ongoing clinical trials, supporting our regulatory and clinical timelines, and serving the patients and physicians who count on us. That work continues exactly as it has.

I know a change like this brings uncertainty, and I'm committed to keeping you updated as we move through this process. We know you will have questions. We are working with argenx to schedule a joint all-hands call with Karen Massey, CEO of argenx, and me in the coming days to discuss this announcement and answer your questions. We will share details as soon as they are confirmed. For now, my ask is that we keep executing with the same focus and care that got us here. I look forward to talking with all of you soon.

Sincerely,

Paul

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Additional Information and Where to Find It

The tender offer (the "Offer") has not yet commenced. This document is for informational purposes only and is neither a recommendation, nor an offer to purchase nor a solicitation of an offer to sell any securities of the Forte Biosciences, Inc. (the "Company") or any other entity, nor is it a substitute for any tender offer materials that argenx BV (the "Parent"), Avena Merger Sub, Inc. (the "Purchaser") or the Company will file with the Securities and Exchange Commission (the "SEC"). A solicitation and an offer to buy securities of the Company will be made only pursuant to an offer to purchase and related materials that Parent and Purchaser intend to file with the SEC. At the time the Offer is commenced, Parent and Purchaser will file a Tender Offer Statement on Schedule TO, including an offer to purchase, a letter of transmittal and related documents, with the SEC, and the Company thereafter will file a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC with respect to the Offer. THE COMPANY'S SECURITYHOLDERS AND OTHER INVESTORS ARE URGED TO READ THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 REGARDING THE OFFER, AS THEY MAY BE AMENDED FROM TIME TO TIME, WHEN THEY BECOME AVAILABLE CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT INVESTORS AND SECURITYHOLDERS SHOULD BE READ CAREFULLY BEFORE ANY DECISION IS MADE WITH RESPECT TO THE OFFER. The offer to purchase, the related letter of transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement on Schedule 14D-9, will be sent to all stockholders of the Company at no expense to them. The Tender Offer Statement on Schedule TO, the Solicitation/Recommendation Statement on Schedule 14D-9 and other related documents will be made available for free at the SEC's website at www.sec.gov. Investors and securityholders may also obtain, free of charge, the Solicitation/Recommendation Statement on Schedule 14D-9 and other related documents that the Company has filed with or furnished to the SEC under the "SEC Filings" section of the Company's investor relations website at https://www.fortebiorx.com/investor-relations/sec-filings/default.aspx.

Forte Biosciences Inc. published this content on July 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 27, 2026 at 10:20 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]