EXCLUSIVE: Paramount Insurge has optioned rights to Tommy Wallach’s forthcoming debut novel We All Looked Up, I’ve learned. The science fiction tale is set two months before a meteor is set to pass through Earth’s orbit with a 66.6 percent chance of striking and ending all life on the planet. Against this backdrop, four high school seniors – the athlete, the school slut, the slacker, and the overachiever – find their lives intersecting on the eve of the cataclysmic event.

It’s an early deal on the book, which doesn’t hit stands until March 31, 2015 via Simon & Schuster. Chronicle producer John Davis will be producing for his Davis Entertainment banner while Brittany Morrissey is overseeing for the company. Alison Small is overseeing for Paramount Insurge, the microbudget branch at Paramount whose upcoming projects include The Cellar with Bad Robot. We All Looked Up marks the second recent genre deal between Insurge and Davis Entertainment after the companies teamed on sci-fi script Prism last fall, with Davis set to produce. Wallach is repped by Greenhouse Literary and Resolution. Paramount did not comment on the deal.