Company Description
Aspire Biopharma Holdings, Inc. (Nasdaq: ASBP) is a biopharmaceutical company focused on developing a multi‑faceted, patent‑pending sublingual drug and supplement delivery technology. According to the company’s public disclosures, this platform is designed to deliver drugs and bioactive substances rapidly and precisely into the bloodstream by placing formulations under the tongue, where they are absorbed directly and avoid the gastrointestinal tract.
Aspire Biopharma states that its technology aims to improve effectiveness and reduce side effects by bypassing the stomach and intestines. Company materials describe applications across a range of active pharmaceutical ingredients (APIs), bioactive substances, nutraceuticals and supplements, spanning both small‑ and large‑molecule therapeutics. Aspire positions this sublingual delivery approach as a way to enhance pharmacokinetic performance, increase bioavailability and accelerate onset of action compared with conventional oral products that must pass through the digestive system.
Core sublingual delivery platform
The company describes its platform as a multi‑faceted, patent‑pending sublingual delivery system. Public communications highlight several intended characteristics of this platform:
- Rapid absorption through blood vessels under the tongue, which can shorten the time between administration and systemic exposure.
- Direct entry into the bloodstream, avoiding first‑pass metabolism in the liver that occurs with many swallowed oral medications.
- A route of administration that avoids exposure to the acidic environment of the stomach and broader gastrointestinal tract.
- A potential reduction in drug‑food and drug‑drug interactions that can be associated with gastrointestinal processing.
- A lower risk of gastrointestinal irritation compared with some traditional oral formulations.
- Ease of administration, which the company notes may be relevant in emergency settings.
Aspire Biopharma has filed an omnibus patent application with the U.S. Patent and Trademark Office that, according to the company, is intended to protect its sublingual delivery technology across various classes of drugs and other substances. This application supplements earlier patent filings related to the same platform.
Lead pharmaceutical program: sublingual high‑dose aspirin
The company identifies a fast‑acting, high‑dose sublingual aspirin formulation as its lead pharmaceutical product candidate. Public announcements describe this candidate as being developed for the emergency treatment of suspected acute myocardial infarction (AMI), or heart attack. The investigational product consists of acetylsalicylic acid in a sublingual powder form, with a target dose of 162 mg in at least one program (referred to as OTASA in company communications).
Aspire Biopharma reports that a pilot, proof‑of‑concept clinical trial in healthy adults compared its sublingual aspirin formulation with chewed uncoated aspirin tablets. According to the company, this study showed:
- Higher and faster mean plasma concentrations of acetylsalicylic acid for the sublingual product.
- Inhibition of serum thromboxane B2 (TxB2), a biomarker related to platelet aggregation, within the first two minutes after administration.
- An overall onset of platelet inhibition described as approximately four to five times as fast as chewed aspirin in the reported data.
- An initial safety profile characterized by the company as safe and well‑tolerated in the evaluated subjects, with no reported adverse events in that study.
The company has submitted a pre‑Investigational New Drug (pre‑IND) meeting request and briefing package to the U.S. Food and Drug Administration (FDA) for this sublingual aspirin program. Aspire Biopharma reports that the FDA provided written responses in the context of a Type B pre‑IND interaction, and that this feedback outlines a regulatory and clinical development path the company intends to pursue. Company communications indicate that Aspire is seeking to use the Section 505(b)(2) regulatory pathway for a future New Drug Application (NDA) for this product, which allows reliance on certain existing data for an already‑approved active ingredient such as aspirin.
Broader pipeline and program focus
In addition to its lead aspirin candidate, Aspire Biopharma describes a broader pipeline strategy centered on reformulating already‑approved drugs for large markets using its sublingual delivery platform. Public updates reference internal work on additional programs, including sublingual formulations of an erectile dysfunction (ED) medication and semaglutide, as well as other generic medicines. These programs are presented by the company as part of an effort to apply the same sublingual technology to multiple therapeutic areas.
Aspire’s disclosures also emphasize that the sublingual platform is intended to be adaptable to many different APIs and bioactive substances, including both therapeutics and non‑prescription products. In its communications, the company highlights the potential to extend the platform across small‑molecule and large‑molecule drugs, nutraceuticals and supplements.
BUZZ BOMB™ sublingual caffeine supplement
Alongside its pharmaceutical pipeline, Aspire Biopharma has introduced BUZZ BOMB™, which it describes as a proprietary sublingual caffeine supplement. According to company announcements, BUZZ BOMB is designed for athletes, professionals and others seeking rapid cognitive or energy support. The product is characterized as delivering a precise dose of caffeine via a sublingual route, with the stated goal of bypassing the gastrointestinal tract for faster onset and a smoother energy profile compared with some traditional liquid caffeine sources.
The company states that BUZZ BOMB is offered in multiple flavors and is positioned within the broader caffeine and performance‑support market. Aspire Biopharma has also reported the launch of an e‑commerce platform operated by its wholly owned subsidiary, Buzz Bomb Caffeine Company LC, to support direct‑to‑consumer distribution of BUZZ BOMB, as well as sampling and influencer‑driven marketing initiatives. Public updates describe the distribution of sample packs at fitness‑focused events and the use of digital campaigns to introduce the product to active consumers.
Scientific and partnership activities
Aspire Biopharma has reported several activities intended to support the development and potential commercialization of its sublingual platform:
- Scientific team expansion: The company has announced the addition of experienced scientific personnel, including a tenured professor with a background in medical engineering and drug delivery, to help advance its proprietary sublingual technology.
- Clinical and regulatory interactions: Company communications describe ongoing clinical work and regulatory planning for the sublingual aspirin program, including pre‑IND engagement with the FDA and the design of a multicenter crossover clinical trial in healthy volunteers to further evaluate pharmacodynamic and pharmacokinetic endpoints.
- Trade show participation and partnering discussions: Aspire Biopharma has highlighted its participation in large pharmaceutical industry events, such as the CPHI Frankfurt trade show, where it conducted meetings with global pharmaceutical companies. According to the company, these discussions focused on potential technical collaboration and licensing opportunities related to its sublingual high‑dose aspirin candidate and broader platform.
Capital markets and corporate actions
Aspire Biopharma Holdings, Inc. is incorporated in Delaware and is identified in SEC filings as a smaller reporting company and an emerging growth company. Its common stock trades on The Nasdaq Capital Market under the ticker symbol ASBP. The company has used capital markets transactions, including convertible promissory notes registered for resale on Form S‑1, as part of its financing strategy. These notes include provisions for conversion into common stock at a formula‑based price subject to a defined floor price, as described in the company’s registration statement.
The company has also sought stockholder approval for certain corporate actions. A definitive proxy statement for a special meeting of stockholders describes proposals including authorization for a reverse stock split within a specified range and approval of the issuance of shares related to convertible notes under Nasdaq rules. Following this authorization, Aspire Biopharma announced that its board of directors approved a 1‑for‑40 reverse stock split of its common stock, to be effected through a certificate of amendment to its certificate of incorporation. The company has stated that the reverse split is intended to help it meet the minimum bid price requirement for continued listing on The Nasdaq Capital Market.
In connection with Nasdaq listing standards, Aspire Biopharma has disclosed communications with a Nasdaq Listing Qualifications Panel regarding continued listing. The company reports that it received an extension to regain compliance, subject to conditions related to bid price and equity requirements, and that its common stock was transferred from the Nasdaq Global Select Market to the Nasdaq Capital Market while continuing to trade under the symbol ASBP.
Business model orientation
Based on its public statements, Aspire Biopharma’s business is oriented around developing and protecting a sublingual delivery platform and applying that platform across both prescription drug candidates and consumer‑oriented supplements. The company emphasizes intellectual property protection through patent filings, clinical evaluation of its lead pharmaceutical candidate, regulatory engagement with the FDA, and commercial activities around its BUZZ BOMB caffeine product. It also highlights efforts to explore licensing and collaboration arrangements with other pharmaceutical companies for its sublingual technologies.
According to the company, this combination of pharmaceutical development and supplement commercialization is intended to demonstrate the versatility of its sublingual platform across different product categories, while its capital markets activities and corporate actions are aimed at supporting ongoing development and maintaining access to public equity markets.
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Short Interest History
Short interest in Aspire Biopharma Holdings (ASBPW) currently stands at 946 shares, down 93.8% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 99.3%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Aspire Biopharma Holdings (ASBPW) currently stands at 1.0 days, down 61.8% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 271.1 days.