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Polyrizon Ltd. Files Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2025

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Polyrizon (Nasdaq: PLRZ) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on March 25, 2026.

The report is available on the SEC website and Polyrizon’s investor relations site; shareholders may request a free copy from Investor Relations at IR@polyrizon-biotech.com.

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News Market Reaction – PLRZ

-3.37%
2 alerts
-3.37% Session close to close
$23.10M Market Cap
0.3x Rel. Volume

In the Mar 26 session, PLRZ declined 3.37%, reflecting a moderate negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms Polyrizon’s Form 20-F filing, formalizing 2025 operating losses of $6.249...
Analysis

This announcement confirms Polyrizon’s Form 20-F filing, formalizing 2025 operating losses of $6.249 million, an accumulated deficit of about $8.4 million, and liquidity consisting of $1.3 million in cash plus $16.2 million in bank deposits. The company remains a development-stage biotech focused on intranasal platforms and highlights the need for substantial additional funding. Alongside a $50,000,000 shelf, investors may watch upcoming clinical milestones and capital-raising steps as key catalysts.

Key Figures

Operating loss 2025: $6.249 million Operating loss 2024: $1.302 million Accumulated deficit: $8.4 million +5 more
8 metrics
Operating loss 2025 $6.249 million Year ended December 31, 2025 (Form 20-F)
Operating loss 2024 $1.302 million Year ended December 31, 2024 (Form 20-F)
Accumulated deficit $8.4 million As of December 31, 2025 (Form 20-F)
Ordinary shares outstanding 1,608,266 shares As of December 31, 2025 (Form 20-F)
Cash & cash equivalents $1.3 million As of December 31, 2025 (Form 20-F)
Bank deposits $16.2 million As of December 31, 2025 (Form 20-F)
Shelf capacity $50,000,000 Form F-3 shelf registration
Short interest 3.58% Current reported short interest percent

Historical Context

5 past events · Latest: Mar 24 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 24 Acquisition MOU Neutral -5.0% Non-binding MOU to acquire up to 20% of Colugo for up to $6M.
Mar 17 Clinical trial prep Positive -4.2% Agreement with global preclinical CRO for GLP biocompatibility studies.
Mar 10 GMP manufacturing Positive -0.1% Successful GMP batch of CTM supporting planned U.S. clinical study.
Feb 26 Preclinical data Positive +1.1% Naloxone formulation showed improved nasal deposition vs. reference product.
Feb 17 Product branding Positive +0.4% Unveiling NASARIX™ brand and outlining planned clinical timeline.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent positive development and trial updates often saw mixed reactions, with several declines following constructive news.

Recent Company History

Over the past months, Polyrizon announced multiple development milestones, including GMP manufacturing support for a planned U.S. clinical study (Mar 10, 2026) and a preclinical CRO agreement for GLP studies (Mar 17, 2026). It also reported favorable naloxone deposition data and branded its lead NASARIX™ product. An acquisition MOU for up to a 20% stake in Colugo for up to $6,000,000 preceded today’s Form 20-F filing, which formalizes 2025 financials and risk disclosures.

Key Terms

form 20-f, u.s. securities and exchange commission, nasdaq, pre-clinical-stage, +1 more
5 terms
form 20-f regulatory
"filed its Annual Report on Form 20-F for the fiscal year ended"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
u.s. securities and exchange commission regulatory
"for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission"
The U.S. Securities and Exchange Commission is a government agency responsible for overseeing the stock market and protecting investors. It sets rules to ensure that companies share truthful information and that trading is fair, helping to maintain trust in the financial system. This oversight is important because it helps prevent fraud and ensures that investors can make informed decisions.
nasdaq financial
"Polyrizon Ltd. (Nasdaq: PLRZ) (“Polyrizon” or the “Company”), a pre-clinical-stage"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
View in glossary
pre-clinical-stage medical
"the “Company”), a pre-clinical-stage biotechnology company developing intranasal"
Pre-clinical-stage describes the phase of developing a medical product or therapy that happens before any testing in humans, when researchers use laboratory experiments and animal studies to evaluate safety, biological activity, and dosing. Investors care because this is an early, high-risk point where results can make or break a program — like testing a car prototype in the workshop before any road trials — and positive data can significantly raise value while failures can wipe it out.
intranasal medical
"biotechnology company developing intranasal protective solutions, today announced"
Administration or delivery of a drug or vaccine through the nose, typically via a spray or drops that are absorbed by the nasal tissues. For investors, intranasal products can matter because they often offer easier, needle-free use, faster onset of effect, and potential cost or compliance advantages that can widen a product’s market and affect regulatory review, manufacturing complexity, and commercial prospects — similar to how a convenient app can outsell a clunky desktop program.

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Raanana, Israel, March 25, 2026 (GLOBE NEWSWIRE) -- Polyrizon Ltd. (Nasdaq: PLRZ) (“Polyrizon” or the “Company”), a pre-clinical-stage biotechnology company developing intranasal protective solutions, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (the "SEC").

The report is available on the SEC's website, at www.sec.gov and Polyrizon’s Investor Relations website, at https://investor.polyrizon-biotech.com/.

Shareholders can obtain copies of Polyrizon’s Annual Report on Form 20-F, free of charge, by making a request within a reasonable period of time to Polyrizon’s Investor Relations Department at IR@polyrizon-biotech.com.

About Polyrizon

Polyrizon is a development stage biotech company specializing in the development of innovative medical device hydrogels delivered in the form of nasal sprays, which form a thin hydrogel-based shield containment barrier in the nasal cavity that can provide a barrier against viruses and allergens from contacting the nasal epithelial tissue. Polyrizon’s proprietary Capture and Contain TM, or C&C, hydrogel technology, comprised of a mixture of naturally occurring building blocks, is delivered in the form of nasal sprays, and potentially functions as a “biological mask” with a thin shield containment barrier in the nasal cavity. Polyrizon are further developing certain aspects of our C&C hydrogel technology such as the bioadhesion and prolonged retention at the nasal deposition site for intranasal delivery of drugs. Polyrizon refers to its additional technology, which is in an earlier stage of pre-clinical development, that is focused on nasal delivery of active pharmaceutical ingredients, or APIs, as Trap and Target ™, or T&T. For more information, please visit https://polyrizon-biotech.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 24, 2026 and subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Polyrizon is not responsible for the contents of third-party websites.

Contacts:

Michal Efraty
Investor Relations
IR@polyrizon-biotech.com


FAQ

What did Polyrizon (PLRZ) file on March 25, 2026?

Polyrizon filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025. According to the company, the filing is available on the SEC website and on Polyrizon’s investor relations site for shareholder review.

Where can investors access Polyrizon's (PLRZ) 20-F for 2025?

Investors can access the 20-F on the SEC website and Polyrizon’s investor relations website. According to the company, the report is posted at www.sec.gov and at https://investor.polyrizon-biotech.com for download or review.

How can shareholders obtain a free copy of Polyrizon's (PLRZ) 2025 Annual Report?

Shareholders can request a free copy by contacting Polyrizon’s Investor Relations at IR@polyrizon-biotech.com. According to the company, requests should be made within a reasonable period to receive the Annual Report free of charge.

What period does Polyrizon's (PLRZ) filed 20-F cover?

The filed Form 20-F covers the fiscal year ended December 31, 2025. According to the company, that reporting period is the basis for the annual disclosure in the March 25, 2026 filing.

Does the Polyrizon (PLRZ) filing include clinical or financial tables investors should review?

The company’s 20-F filing contains structured tables and clinical-stage disclosures for review. According to the company, investors should consult the posted report on the SEC or investor relations site for full details.