<SEC-DOCUMENT>0001178913-23-001392.txt : 20230411
<SEC-HEADER>0001178913-23-001392.hdr.sgml : 20230411
<ACCEPTANCE-DATETIME>20230411070442
ACCESSION NUMBER:		0001178913-23-001392
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230411
FILED AS OF DATE:		20230411
DATE AS OF CHANGE:		20230411

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RedHill Biopharma Ltd.
		CENTRAL INDEX KEY:			0001553846
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35773
		FILM NUMBER:		23812357

	BUSINESS ADDRESS:	
		STREET 1:		21 HA'ARBA'A STREET
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			64739
		BUSINESS PHONE:		972-3-541-3131

	MAIL ADDRESS:	
		STREET 1:		21 HA'ARBA'A STREET
		CITY:			TEL AVIV
		STATE:			L3
		ZIP:			64739
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        &#160;UNITED STATES&#160;</font><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">&#160;&#160;</font></div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Washington, D.C.&#160;20549</div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">FORM 6-K</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Report of Foreign Private Issuer</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Pursuant to Rule 13a-16 or 15d-16</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">of&#160;the Securities Exchange Act of 1934</div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">For the month of April 2023<br>
      Commission File No.:001-35773</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">REDHILL BIOPHARMA LTD.</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Translation of registrant&#8217;s name into English)</div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">21 Ha'arba'a Street, Tel Aviv, 6473921, Israel</div>
    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">(Address of principal executive offices)</div>
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    <div style="text-align: justify; text-indent: 28.35pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&#160;&#160;</div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Form 20-F&#160;&#9746; &#160; &#160; &#160; &#160; Form 40-F&#160;&#9744;</div>
    <div style="text-indent: 14.2pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: justify; text-indent: 28.35pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Indicate by check mark if the Registrant is&#160;submitting&#160;the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____&#160;</div>
    <div style="text-indent: 28.35pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: justify; text-indent: 28.35pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Indicate by check mark if the Registrant is&#160;submitting&#160;the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____</div>
    <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
    <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Attached hereto and incorporated by reference herein is a press release issued by the Registrant entitled:&#160;&#8220;<font style="font-style: italic;">RedHill
        Biopharma Regains Compliance with Nasdaq Minimum Bid Price Requirement</font>&#8221;<font style="font-style: italic;">.</font></div>
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    <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">This Form 6-K is hereby incorporated by reference into the Company's Registration Statements on Form S-8 filed with the Securities and Exchange Commission
      on May 2, 2013 (Registration No. 333-188286), on October 29, 2015 (Registration No. 333-207654), on July 25, 2017 (Registration No. 333-219441), on May 23, 2018 (Registration No. 333-225122), on July 24, 2019 (File No. 333-232776), on March 25, 2021
      (File No. 333-254692), on May 3, 2021 (File No. 333-255710), on January 11, 2022 (File No. 333-262099) and on June 27, 2022 (File No. 333-265845), and its Registration Statements on Form F-3 filed with the Securities and Exchange Commission on March
      30, 2021 (File No. 333-254848) and on July 29, 2021 (File No. 333-258259).</div>
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    <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">SIGNATURES</div>
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    <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Pursuant to the requirements of&#160;the&#160;Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.&#160;</div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">REDHILL BIOPHARMA LTD.</div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">Date: April 11, 2023</div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">By:&#160;<u>/s/ Dror Ben-Asher</u></div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">&#160;</div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">Dror Ben-Asher&#160;</div>
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            <div style="line-height: 1.25; color: rgb(0, 0, 0);">Chief Executive Officer</div>
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                <div>&#160;</div>
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                  <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">
                    <div style="text-align: center; text-indent: 42.55pt; line-height: 1.25;">Press Release</div>
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      <div style="text-align: center; margin-left: 36pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>RedHill Biopharma Regains Compliance with Nasdaq </u></div>
      <div style="text-align: center; margin-left: 36pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>Minimum Bid Price Requirement</u></div>
      <div style="text-align: center; margin-left: 2.25pt; line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
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      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold;">TEL AVIV, ISRAEL &amp; RALEIGH, N.C., April 11,
          2023 -- </font><font style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; color: rgb(0, 0, 255);"><u>RedHill Biopharma Ltd.</u></font><font style="font-size: 10pt; font-family: 'Times New Roman',Times,serif;"> (Nasdaq: <font style="color: rgb(0, 0, 255);"><u>RDHL</u></font>) (&#8220;RedHill&#8221; or the &#8220;Company&#8221;), a specialty biopharmaceutical company, today announced that it received confirmation from The Nasdaq Stock Market LLC (&#8220;Nasdaq&#8221;) that it had regained compliance
          with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) for continued Nasdaq listing, and is now compliant with applicable listing standards for continued Nasdaq listing. To regain compliance with Nasdaq Listing Rule
          5450(a)(1), the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on April 5, 2023.</font></div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">As previously announced, on October 12, 2022, the Company reported that it had received notification that, for the previous thirty consecutive business
        days, the bid price for the American Depositary Shares (the &#8220;ADSs&#8221;) had closed below the minimum $1.00 per share requirement for continued listing. On April 6, 2023, the Company received notification from the Nasdaq Listings Qualifications
        Department that the ADSs had, for the last 10 consecutive business days, a closing bid price at $1.00 per share or greater, and accordingly had regained compliance with Nasdaq Listing Rule 5450(a)(1).</div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
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        <div style="margin-right: 0.1pt; margin-left: 0.1pt; line-height: 1.25;"><font style="font-weight: bold;">About RedHill Biopharma</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
        <div style="margin-right: 0.1pt; margin-left: 0.1pt; line-height: 1.25;">&#160;&#160;<font style="font-weight: bold;">&#160;&#160;&#160;</font></div>
        <div style="line-height: 1.25;">RedHill Biopharma Ltd. (Nasdaq: <font style="color: rgb(0, 0, 255);"><u>RDHL</u></font>) is a specialty biopharmaceutical company
            primarily focused on gastrointestinal and infectious diseases. RedHill promotes the gastrointestinal drugs <font style="font-weight: bold;">Talicia</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, for the treatment of <font style="font-style: italic;">Helicobacter pylori (H. pylori)</font> infection in adults<sup style="color: #000000; vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>, and <font style="font-weight: bold;">Aemcolo</font><sup style="font-weight: bold; vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>, for the treatment of travelers&#8217; diarrhea in
            adults<sup style="color: #000000; vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup>. RedHill&#8217;s key clinical late-stage development programs include: (i) <font style="font-weight: bold;">RHB-204</font>,<font style="font-weight: bold;">&#160;</font>with an ongoing Phase 3 study for
            pulmonary nontuberculous mycobacteria (NTM) disease; (ii) <font style="font-weight: bold;">opaganib (ABC294640)</font>, a first<font style="font-weight: bold;">-</font>in<font style="font-weight: bold;">-</font>class oral broad-acting,
            host-directed, SPHK2 selective inhibitor targeting multiple indications, including for pandemic preparedness, with a Phase 2/3 program for hospitalized COVID-19 and a Phase 2 program in oncology and a nuclear radiation protection program
            ongoing; (iii) <font style="font-weight: bold;">RHB-107 </font>(<font style="font-weight: bold;">upamostat</font>), an oral broad-acting, host-directed serine protease inhibitor with potential for pandemic preparedness, is in late-stage
            development for treatment of non-hospitalized symptomatic COVID-19, and is targeting multiple other cancer and inflammatory gastrointestinal diseases; (iv) <font style="font-weight: bold;">RHB-104</font>, with positive results from a first
            Phase 3 study for Crohn's disease; and (v) <font style="font-weight: bold;">RHB-102</font>, with expected UK submission for chemotherapy and radiotherapy induced nausea and vomiting, positive results from a Phase 3 study for acute
            gastroenteritis and gastritis and positive results from a Phase 2 study for IBS-D. More information about the Company is available at <font style="color: rgb(0, 0, 255);"><u>www.redhillbio.com</u></font>/ <font style="color: rgb(0, 0, 255);"><u>twitter.com/RedHillBio</u></font>.</div>
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      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Forward Looking Statements</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="text-align: justify; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-style: italic;">This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
        All statements in this press release other than statements of historical fact could be deemed forward looking including, but not limited to, statements regarding the intended use of net proceeds from the offering. Words such as &#8220;plans,&#8221; &#8220;expects,&#8221;
        &#8220;will,&#8221; &#8220;anticipates,&#8221; &#8220;continue,&#8221; &#8220;expand,&#8221; &#8220;advance,&#8221; &#8220;develop&#8221; &#8220;believes,&#8221; &#8220;guidance,&#8221; &#8220;target,&#8221; &#8220;may,&#8221; &#8220;remain,&#8221; &#8220;project,&#8221; &#8220;outlook,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221; &#8220;could,&#8221; &#8220;should,&#8221; and other words and terms of similar meaning and expression are
        intended to identify forward-looking statements, although not all forward-looking statements contain such terms. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many
        of which are beyond the Company's control and cannot be predicted or quantified, and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include,
        without limitation, the risk that the growth in prescriptions will not continue and the addition of new generating products will not occur, that we will not be successful in obtaining non-dilutive development funding for RHB-107, that we will not
        be successful in increasing sales of our commercial products, including due to market conditions, that the Phase 2/3 COVID-19 study for RHB-107 may not be successful and, even if successful, such studies and results may not be sufficient for
        regulatory applications, including emergency use or marketing applications, and that additional COVID-19 studies for opaganib and RHB-107 are likely to be required, as well as risks and uncertainties associated with the risk that the Company will
        not successfully commercialize its products; as well as risks and uncertainties associated with (i) the initiation, timing, progress and results of the Company's research, manufacturing, pre-clinical studies, clinical trials, and other therapeutic
        candidate development efforts, and the timing of the commercial launch of its commercial products and ones it may acquire or develop in the future; (ii) the Company's ability to advance its therapeutic candidates into clinical trials or to
        successfully complete its pre-clinical studies or clinical trials or the development of a commercial companion diagnostic for the detection of MAP; (iii) the extent and number and type of additional studies that the Company may be required to
        conduct and the Company's receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings, approvals and feedback; (iv) the manufacturing, clinical development, commercialization, and market acceptance of
        the Company's therapeutic candidates and Talicia<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>; (v) the Company's ability to successfully commercialize and promote Talicia<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>&#160;and Aemcolo<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup>; (vi) the Company's ability to establish and maintain corporate
        collaborations; (vii) the Company's ability to acquire products approved for marketing in the U.S. that achieve commercial success and build its own marketing and commercialization capabilities; (viii) the interpretation of the properties and
        characteristics of the Company's therapeutic candidates and the results obtained with its therapeutic candidates in research, pre-clinical studies or clinical trials; (ix) the implementation of the Company's business model, strategic plans for its
        business and therapeutic candidates; (x) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the
        intellectual property rights of others; (xi) parties from whom the Company licenses its intellectual property defaulting in their obligations to the Company; (xii) estimates of the Company's expenses, future revenues, capital requirements and needs
        for additional financing; (xiii) the effect of patients suffering adverse experiences using investigative drugs under the Company's Expanded Access Program; (xiv) competition from other companies and technologies within the Company's industry; and
        (xv) the hiring and employment commencement date of executive managers. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the
        Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 20-F filed with the SEC on March 17, 2022. All forward-looking statements included in this press release are made only as of the date of this press release. The
        Company assumes no obligation to update any written or oral forward-looking statement, whether as a result of new information, future events or otherwise unless required by law.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-weight: bold;">Company contact:</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Adi Frish<br>
        Chief Corporate &amp; Business Development Officer<br>
        RedHill Biopharma<br>
        +972-54-6543-112<br>
        adi@redhillbio.com</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">&#160;</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Category: Financials</div>
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      <hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup> Talicia<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> (omeprazole magnesium, amoxicillin and rifabutin) is indicated for the treatment of <font style="font-style: italic;">H. pylori </font>infection
        in adults. For full prescribing information see: <font style="color: rgb(0, 0, 255);"><u>www.Talicia.com</u></font>.</div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">2</sup> Aemcolo<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">&#174;</sup> (rifamycin) is indicated for the treatment of travelers&#8217; diarrhea caused by noninvasive strains of <font style="font-style: italic;">Escherichia
          coli</font> in adults. For full prescribing information see: <font style="color: rgb(0, 0, 255);"><u>www.aemcolo.com</u><u>.</u></font></div>
      <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><br>
        <font style="color: rgb(0, 0, 255);"><u></u></font></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
