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[8-K] ARTELO BIOSCIENCES, INC. Reports Material Event

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Artelo Biosciences (ARTL) entered a cooperation agreement with Daniel S. Farb and affiliated parties on October 15, 2025. Mr. Farb irrevocably withdrew his director nominations for Artelo’s 2025 annual meeting.

The Farb Parties agreed to standstill and voting commitments during the “Restricted Period,” including voting their shares for the Board’s nominees, against any Board removals, and in line with Board recommendations on other proposals, subject to limited exceptions. The agreement also restricts the Farb Parties from acquiring beneficial ownership of more than 8.0% of Artelo’s outstanding common stock. Both sides agreed to mutual non‑disparagement during the Restricted Period and executed a general mutual release of claims through the agreement date. The full agreement is filed as Exhibit 10.1.

Artelo Biosciences (ARTL) ha stipulato un accordo di cooperazione con Daniel S. Farb e le parti affiliate il 15 ottobre 2025. Il signor Farb ha ritirato irrevocabilmente le proprie nomine di direttore per l’assemblea annuale 2025 di Artelo.

Le Parti Farb hanno concordato di astenersi e di impegni di voto durante il “Periodo Restrinto”, tra cui votare le loro azioni per i nominati del Consiglio, contro qualsiasi rimozione del Consiglio e in linea con le raccomandazioni del Consiglio su altre proposte, soggetti a limitate eccezioni. L’accordo vieta inoltre alle Parti Farb di acquisire la proprietà beneficiaria di più dell’8,0% delle azioni ordinarie in circolazione di Artelo. Entrambe le parti hanno concordato una non diffamazione reciproca durante il Periodo Restrinto e hanno stipulato una liberazione reciproca generale di rivendicazioni fino alla data dell’accordo. L’accordo completo è presentato come Esibizione 10.1.

Artelo Biosciences (ARTL) entró en un acuerdo de cooperación con Daniel S. Farb y las partes afiliadas el 15 de octubre de 2025. El señor Farb retiró irrevocablemente sus nominaciones como director para la asamblea anual 2025 de Artelo.

Las Partes Farb acordaron permanecer inmovilizadas y compromisos de votación durante el “Período Restringido”, que incluyen votar sus acciones a favor de los nominados de la Junta, en contra de cualquier destitución de la Junta y de acuerdo con las recomendaciones de la Junta sobre otras propuestas, sujeto a excepciones limitadas. El acuerdo también restringe a las Partes Farb a adquirir la propiedad beneficiosa de más del 8.0% del capital común ordinario en circulación de Artelo. Ambas partes acordaron una mutua no denigración durante el Período Restringido y ejecutaron una liberación mutua general de reclamaciones hasta la fecha del acuerdo. El acuerdo completo se presenta como el Anexo 10.1.

Artelo Biosciences (ARTL)가 다니엘 S. Farb 및 관련 당사자들과 2025년 10월 15일 협력 계약을 체결했습니다. Farb 씨는 Artelo의 2025년 연례 주주총회에서의 이사 지명을 되돌릴 수 없을 정도로 철회했습니다.

Farb 당사자들은 “제한 기간” 동안 정지 및 의결 약속에 동의했으며, 이에는 이사회 임원 선임에 대한 표결 지지, 이사회 해임에 반대, 기타 제안에 대한 이사회 권고에 부합하는 의결이 포함되며, 제한된 예외가 적용됩니다. 또한 이 계약은 Farb 당사자들이 Artelo의 발행 보통주 중 8.0% 이상을 실질적 소유로 취득하는 것을 금지합니다. 양 당사자는 제한 기간 동안 상호 비난 금지에 동의하고 계약일자까지의 청구권에 대한 일반적 상호 면책을 체결했습니다. 전체 계약서는 Exhibit 10.1로 제출되어 있습니다.

Artelo Biosciences (ARTL) a conclu un accord de coopération avec Daniel S. Farb et les parties affiliées le 15 octobre 2025. M. Farb a retiré de manière irrévocable ses nominations à la direction pour l’assemblée annuelle 2025 d’Artelo.

Les Parties Farb ont accepté de s’abstenir et de prendre des engagements de vote pendant la « Période Restreinte », notamment en votant leurs actions pour les candidats du Conseil, contre toute destitution du Conseil et conformes aux recommandations du Conseil sur d’autres propositions, sous réserve de rares exceptions. L’accord restreint également les Farb Parties d’acquérir une propriété bénéficiaire de plus de 8,0% des actions ordinaires en circulation d’Artelo. Les deux parties ont convenu d’une non-dénigration mutuelle pendant la Période Restreinte et ont exécuté une libération générale réciproque des réclamations jusqu’à la date de l’accord. Le texte complet de l’accord est déposé en tant qu’Exhibit 10.1.

Artelo Biosciences (ARTL) schloss am 15. Oktober 2025 eine Kooperationsvereinbarung mit Daniel S. Farb und verbundenen Parteien ab. Herr Farb zog seine Direktoren-Nominierungen für Artelo’s Jahreshauptversammlung 2025 unwiderruflich zurück.

Die Farb-Parteien vereinbarten während des „Restricted Period“ Standstill- und Abstimmungsverpflichtungen, einschließlich der Stimmabgabe ihrer Anteile für die Nominierten des Vorstands, gegen eine Abberufung des Vorstands und in Übereinstimmung mit den Empfehlungen des Vorstands zu anderen Vorschlägen, vorbehaltlich begrenzter Ausnahmen. Die Vereinbarung beschränkt außerdem den Erwerb eines Beneficial Ownership von mehr als 8,0% der ausstehenden Artelo-Stammaktien. Beide Seiten vereinbarten während des Restricted Periods gegenseitige Nicht-Verunglimpfung und leisteten eine allgemeine gegenseitige Freigabe von Ansprüchen bis zum Datum der Vereinbarung. Die vollständige Vereinbarung ist als Exhibit 10.1 beigefügt.

دخلت شركة Artelo Biosciences (ARTL) في اتفاقية تعاون مع دانيال س. فارب والأطراف التابعة بتاريخ 15 أكتوبر 2025. قام السيد فارب بسحب ترشيحاته كمدير بشكل لا رجعة فيه من اجتماع الجمعية العمومية السنوي لعام 2025 الخاص بـ Artelo.

اتفقت أطراف فارب على الالتزام بنصوص التوقف عن التصويت والتعهدات خلال “الفترة المقيدة”، بما في ذلك التصويت لأسهمهم لصالح المرشحين لمجلس الإدارة، ضد أي عزل للمجلس، وبما يتوافق مع توصيات المجلس في المقترحات الأخرى، مع استثناءات محدودة. كما تمنح الاتفاقية قيوداً على اكتساب الأطراف التابعة لفارب ملكية مفيدة تزيد عن 8.0% من أسهم Artelo العادية القائمة. اتفقت الطرفان على عدم التشهير المتبادل خلال الفترة المقيدة وأبرمتا إجازة عامة متبادلة للمطالبات حتى تاريخ الاتفاق. تم توثيق الاتفاق الكامل كمعرض 10.1.

Artelo Biosciences (ARTL) 于2025年10月15日与Daniel S. Farb及相关方达成合作协议。Farb先生不可撤销地撤回其对Artelo 2025年度股东大会的董事提名。

Farb方同意在“受限期间”内维持静默并承诺投票,包括就董事会提名投票支持董事会提名、反对任何对董事会的罢免,以及就其他提案按董事会的建议表决,且有有限的例外。该协议同样限制Farb方以不超过Artelo已发行普通股的8.0%取得有益所有权。双方还同意在受限期间相互不贬损,并就协议日期前的争议进行一般性相互解除。完整协议作为 Exhibit 10.1 提交。

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Insights

Governance settlement sets voting alignment and an 8.0% cap.

On October 15, 2025, Artelo Biosciences and the Farb Parties executed a cooperation agreement. The Farb nomination was withdrawn for the 2025 annual meeting, and the parties agreed to standstill terms and a general mutual release.

Voting covenants require the Farb Parties, with defined exceptions, to support Board nominees, vote against removal proposals, and follow Board recommendations on other business during the Restricted Period. A beneficial ownership limit of 8.0% curtails additional share accumulation.

These terms reduce near‑term proxy uncertainty and outline acceptable ownership limits. Actual effects depend on future meeting agendas and adherence to the disclosed restrictions under the agreement’s terms.

Artelo Biosciences (ARTL) ha stipulato un accordo di cooperazione con Daniel S. Farb e le parti affiliate il 15 ottobre 2025. Il signor Farb ha ritirato irrevocabilmente le proprie nomine di direttore per l’assemblea annuale 2025 di Artelo.

Le Parti Farb hanno concordato di astenersi e di impegni di voto durante il “Periodo Restrinto”, tra cui votare le loro azioni per i nominati del Consiglio, contro qualsiasi rimozione del Consiglio e in linea con le raccomandazioni del Consiglio su altre proposte, soggetti a limitate eccezioni. L’accordo vieta inoltre alle Parti Farb di acquisire la proprietà beneficiaria di più dell’8,0% delle azioni ordinarie in circolazione di Artelo. Entrambe le parti hanno concordato una non diffamazione reciproca durante il Periodo Restrinto e hanno stipulato una liberazione reciproca generale di rivendicazioni fino alla data dell’accordo. L’accordo completo è presentato come Esibizione 10.1.

Artelo Biosciences (ARTL) entró en un acuerdo de cooperación con Daniel S. Farb y las partes afiliadas el 15 de octubre de 2025. El señor Farb retiró irrevocablemente sus nominaciones como director para la asamblea anual 2025 de Artelo.

Las Partes Farb acordaron permanecer inmovilizadas y compromisos de votación durante el “Período Restringido”, que incluyen votar sus acciones a favor de los nominados de la Junta, en contra de cualquier destitución de la Junta y de acuerdo con las recomendaciones de la Junta sobre otras propuestas, sujeto a excepciones limitadas. El acuerdo también restringe a las Partes Farb a adquirir la propiedad beneficiosa de más del 8.0% del capital común ordinario en circulación de Artelo. Ambas partes acordaron una mutua no denigración durante el Período Restringido y ejecutaron una liberación mutua general de reclamaciones hasta la fecha del acuerdo. El acuerdo completo se presenta como el Anexo 10.1.

Artelo Biosciences (ARTL)가 다니엘 S. Farb 및 관련 당사자들과 2025년 10월 15일 협력 계약을 체결했습니다. Farb 씨는 Artelo의 2025년 연례 주주총회에서의 이사 지명을 되돌릴 수 없을 정도로 철회했습니다.

Farb 당사자들은 “제한 기간” 동안 정지 및 의결 약속에 동의했으며, 이에는 이사회 임원 선임에 대한 표결 지지, 이사회 해임에 반대, 기타 제안에 대한 이사회 권고에 부합하는 의결이 포함되며, 제한된 예외가 적용됩니다. 또한 이 계약은 Farb 당사자들이 Artelo의 발행 보통주 중 8.0% 이상을 실질적 소유로 취득하는 것을 금지합니다. 양 당사자는 제한 기간 동안 상호 비난 금지에 동의하고 계약일자까지의 청구권에 대한 일반적 상호 면책을 체결했습니다. 전체 계약서는 Exhibit 10.1로 제출되어 있습니다.

Artelo Biosciences (ARTL) a conclu un accord de coopération avec Daniel S. Farb et les parties affiliées le 15 octobre 2025. M. Farb a retiré de manière irrévocable ses nominations à la direction pour l’assemblée annuelle 2025 d’Artelo.

Les Parties Farb ont accepté de s’abstenir et de prendre des engagements de vote pendant la « Période Restreinte », notamment en votant leurs actions pour les candidats du Conseil, contre toute destitution du Conseil et conformes aux recommandations du Conseil sur d’autres propositions, sous réserve de rares exceptions. L’accord restreint également les Farb Parties d’acquérir une propriété bénéficiaire de plus de 8,0% des actions ordinaires en circulation d’Artelo. Les deux parties ont convenu d’une non-dénigration mutuelle pendant la Période Restreinte et ont exécuté une libération générale réciproque des réclamations jusqu’à la date de l’accord. Le texte complet de l’accord est déposé en tant qu’Exhibit 10.1.

Artelo Biosciences (ARTL) schloss am 15. Oktober 2025 eine Kooperationsvereinbarung mit Daniel S. Farb und verbundenen Parteien ab. Herr Farb zog seine Direktoren-Nominierungen für Artelo’s Jahreshauptversammlung 2025 unwiderruflich zurück.

Die Farb-Parteien vereinbarten während des „Restricted Period“ Standstill- und Abstimmungsverpflichtungen, einschließlich der Stimmabgabe ihrer Anteile für die Nominierten des Vorstands, gegen eine Abberufung des Vorstands und in Übereinstimmung mit den Empfehlungen des Vorstands zu anderen Vorschlägen, vorbehaltlich begrenzter Ausnahmen. Die Vereinbarung beschränkt außerdem den Erwerb eines Beneficial Ownership von mehr als 8,0% der ausstehenden Artelo-Stammaktien. Beide Seiten vereinbarten während des Restricted Periods gegenseitige Nicht-Verunglimpfung und leisteten eine allgemeine gegenseitige Freigabe von Ansprüchen bis zum Datum der Vereinbarung. Die vollständige Vereinbarung ist als Exhibit 10.1 beigefügt.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) October 15, 2025

 

ARTELO BIOSCIENCES, INC.

(Exact name of registrant as specified in its charter)

 

Nevada

 

001-38951

 

33-1220924

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

505 Lomas Santa Fe, Suite 160 

Solana Beach, CA USA

 

92075 

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (858) 925-7049

 

______________________________________________

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

ARTL

 

The Nasdaq Stock Market, LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On October 15, 2025, Artelo Biosciences, Inc. (the “Company”) entered into a cooperation letter agreement (the “Agreement”) with Daniel S. Farb and certain of his affiliates (collectively, the “Farb Parties”). Pursuant to the Agreement, Mr. Farb agreed to irrevocably withdraw his nomination of candidates for election to the Company’s board of directors (the “Board”) at the 2025 annual meeting of stockholders. Additionally, the Farb Parties agreed to certain standstill restrictions and voting commitments during the Restricted Period (as defined in the Agreement), including, among other things, (i) an obligation to vote shares of the Company’s common stock beneficially owned by the Farb Parties, and that the Farb Parties have the right to vote, subject to certain limited exceptions, in favor of the election of each person nominated by the Board for election as a director, against any proposals to remove any member of the Board, and in accordance with the recommendation of the Board on all other proposals or business, and (ii) a restriction on the ability of the Farb Parties to acquire beneficial ownership of more than 8.0% of the then-outstanding shares of the Company’s common stock. The Company and the Farb Parties also made certain customary representations, agreed to certain mutual non-disparagement obligations that remain in effect during the Restricted Period, and agreed to a general mutual release of claims with respect to one another for any matter arising on or prior to the date of the Agreement.

 

The foregoing summary of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)

Exhibits

 

Exhibit No.

 

Description

 

 

 

10.1

 

Cooperation Letter Agreement dated October 15, 2025, among the Company and the Farb Parties

 

 

 

104

 

Cover Page Interactive Data File, formatted in inline XBRL.

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

ARTELO BIOSCIENCES, INC.

    
Date: October 17, 2025 

/s/ Gregory D. Gorgas

 

 

Gregory D. Gorgas

President & Chief Executive Officer

 

 

 

3

 

FAQ

What did ARTL announce in this 8-K?

Artelo Biosciences entered a cooperation letter agreement with Daniel S. Farb and affiliates, including nomination withdrawal and standstill/voting commitments.

Which board-related actions are covered by the agreement for ARTL?

The Farb Parties will vote for Board nominees, against proposals to remove directors, and in line with Board recommendations on other proposals during the Restricted Period.

What is the ownership limit set for the Farb Parties in ARTL?

The agreement restricts the Farb Parties from acquiring beneficial ownership of more than 8.0% of Artelo’s outstanding common stock.

Did the Farb Parties withdraw their board nominations at ARTL?

Yes. Mr. Farb irrevocably withdrew his nomination of candidates for election to the Board at the 2025 annual meeting.

Are there additional conduct provisions in ARTL’s agreement?

Yes. The parties agreed to mutual non-disparagement during the Restricted Period and executed a general mutual release of claims as of the agreement date.

Where can investors find the full ARTL agreement?

The full Cooperation Letter Agreement is filed as Exhibit 10.1.
Artelo Biosciences Inc

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