Commitments and Contingencies

9 Months Ended

Sep. 30, 2020

Commitments and Contingencies

Commitments and Contingencies

9. Commitments and Contingencies

Legal Proceedings

On September 21, 2020, a putative stockholder class action was filed in the U.S. District Court for the Southern District of New York styled Ye Zhou v. NextCure, Inc., et. al., Case 1:20-cv-0772 (S.D.N.Y.). The complaint asserts claims against the Company, certain of its officers and members of its board of directors, and the underwriters in the Company’s November 2019 underwritten public offering. The complaint alleges that the defendants violated provisions of the Securities Exchange Act of 1934, as amended, and the Securities Act of 1933, as amended, with respect to statements made regarding the Company’s lead product candidate, NC318. The complaint seeks unspecified damages on behalf of a purported class of purchasers of the Company’s securities between November 5, 2019 and July 14, 2020. The Company intends to vigorously defend the action. Due to the early stages of this matter and unspecified damages sought, at this time, the Company is unable to estimate the potential loss or range of losses.