Every 8-K that Aspire Biopharma Holdings Inc (ASBP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ASBP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASBP filings page.
Aspire Biopharma Holdings, Inc. (Nasdaq: ASBP) reported that it has changed its corporate name to Aspire-Lakewood Holdings, Inc., effective upon filing a Certificate of Amendment to its Certificate of Incorporation with the Delaware Secretary of State. The company’s common stock will continue to trade on The Nasdaq Capital Market under the same ticker symbol, and existing stock certificates remain valid.
The name change, approved by the board and stockholders under Section 242 of the Delaware General Corporation Law, is positioned as aligning the company’s holding company structure with its expanded focus following the acquisition of Dura Control Systems Corp. (DCSC), a designer and manufacturer of engineered automotive and industrial control systems. The change does not alter stockholder rights or require any action by stockholders.
Aspire Biopharma Holdings, Inc. (ASBP) reported that it plans to distribute an investor presentation on August 19, 2026. The company furnished this presentation as Exhibit 99.1 to provide additional information to the market under a Regulation FD disclosure.
The common stock and public warrants of Aspire Biopharma Holdings, Inc. trade on The Nasdaq Stock Market LLC under the symbols ASBP and ASBPW, respectively. The report was authorized on behalf of the company by Chief Executive Officer Kraig Higginson.
Aspire Biopharma Holdings, Inc. completed the acquisition of Dura Driver Control Systems (DCS), purchasing 100% of DCS’s shares for approximately $30.0 million in cash. DCS, a tier-one automotive systems supplier, becomes a wholly owned subsidiary and is expected to enhance Aspire’s revenue, earnings and cash flow profile.
DCS generated unaudited revenue of $209.5 million and Adjusted EBITDA of $22.3 million in 2025, and revenue of $103.9 million and Adjusted EBITDA of $10.5 million for the six months ended June 30, 2026. Aspire entered into a $22.5 million senior secured revolving credit facility to help fund the acquisition alongside cash on hand.
The board also approved and the company issued convertible promissory notes with an aggregate principal of $3,750,000, sold for $3,000,000 (a 20% original issue discount), intended for working capital and future growth opportunities. These notes are convertible into common stock at a $8.00 per-share conversion price and were issued in a private offering relying on Section 4(a)(2) and Rule 506(b) exemptions.
Aspire Biopharma Holdings, Inc. clarified the current terms of its Nasdaq-listed public warrants, which trade under the symbol ASBPW, following requests from warrant holders. The warrants were originally issued on February 23, 2022 in connection with the initial public offering of its predecessor, Power Up Acquisition Corp.
The warrants initially had an exercise price of $11.50 per share, subject to adjustment for events such as share consolidations. After a 1-for-30 reverse stock split on January 16, 2026 and an additional 40-for-1 reverse split on May 11, 2026, each public warrant now carries an exercise price of $13,800 per share and a ratio of 1,200 warrants to purchase one share of common stock.
Aspire Biopharma Holdings, Inc. held a Special Meeting of Stockholders on June 16, 2026, where stockholders constituting a quorum voted on several matters. The filing shows that each proposal received strong support, with the first proposal receiving 1,742,683 votes for, 107,523 against, and 4,818 abstentions, and no broker non-votes. Two additional proposals also passed with similar levels of support, including one with 1,745,709 votes for and another with 1,739,702 votes for, and no broker non-votes in any case. The company remains listed on The Nasdaq Stock Market LLC under the symbols ASBP for its common stock and ASBPW for its warrants.
Aspire Biopharma Holdings, Inc. reported that its shareholder meeting held on June 9, 2026 was adjourned because a quorum was not reached. The company has rescheduled the meeting to June 16, 2026 at 10:00 a.m. EST. The online access link remains www.colonialstock.com/AspireBiopharma2026.
Aspire Biopharma Holdings, Inc. entered into a definitive purchase agreement to acquire 100% of Dura Driver Control Systems for a cash purchase price of $30 million. The deal covers all equity interests in specified subsidiaries and assets that make up DCS’s driver control systems business.
The closing price will be adjusted to reflect an $800,000 credit for deferred revenue, income tax items, and indebtedness at closing. A key condition is that Sellers must deliver a PCAOB audit for 2024 and 2025 with an unqualified opinion and at least $12 million of gross profit minus capital expenditures, or Aspire can terminate after the September 10, 2026 outside date.
DCS generated more than $200 million in 2025 revenue, over $17 million in net income, and more than $22 million in Adjusted EBITDA. Either party may terminate under specified conditions, and in certain cases a one-time $3.5 million termination fee is payable. Aspire states it does not expect to raise new equity to fund the transaction.
Aspire Biopharma Holdings, Inc. approved a major change to its capital structure by amending its Certificate of Incorporation to implement a 1-for-30 reverse stock split of its issued and outstanding common stock. This means every thirty existing shares will be automatically combined into one new share when the change becomes effective.
No fractional shares will be issued; any resulting fraction will be rounded up to the nearest whole share, slightly increasing some holders’ share counts. The company’s common stock will continue trading on the Nasdaq Stock Market, with the trading symbol remaining “ABSP,” while the common stock will receive a new CUSIP number.
Aspire Biopharma Holdings, Inc. closed a $21.0 million private placement and strengthened its balance sheet while pursuing a major acquisition. The company completed the second and final tranche of its Series A Convertible Preferred Stock financing, issuing 12,500 shares for $10.0 million, bringing total proceeds to $21.0 million and lifting stockholders’ equity above the $2.5 million Nasdaq Capital Market minimum. Aspire plans to use the cash for working capital, to help fund the proposed acquisition of Dura Control Systems (DCS), and for general corporate purposes. It has a Letter of Intent to buy 100% of DCS, which generated more than $20 million in Adjusted EBITDA on over $200 million of 2025 revenue, for a $30 million all-cash purchase price. To finance this, Aspire obtained a commitment letter for a senior secured credit facility of up to $22.5 million on a five-year term at an interest rate 325 basis points above the one‑month term Secured Overnight Financing Rate.
Aspire Biopharma Holdings, Inc. completed a private placement Offering of 25,000 shares of Series A Convertible Preferred Stock for gross proceeds of about $21,000,000, split across two tranches. The first tranche closed on February 6, 2026 for 13,750 shares and $11,000,000, including conversion of $943,801 of existing debt.
On April 15, 2026, the company closed the second tranche for 12,500 shares and approximately $10,000,000 in gross proceeds. Net proceeds are intended to fund the cash component of a proposed Dura Driver Control Systems acquisition and for general corporate purposes. The company also filed a Certificate of Amendment designating 30,000 shares of Series A Convertible Preferred Stock with a par value of $0.0001 and stated value of $1,000 per share.
Aspire Biopharma Holdings, Inc. completed a private Offering of Series A Convertible Preferred Stock and amended the terms of this preferred class. The company has now issued 13,750 preferred shares for gross proceeds of $11,000,000 at the initial closing and an additional 12,500 preferred shares for $10,000,000 at a second closing on April 15, 2026.
Each preferred share has a stated value of $1,000 and is convertible into common stock at a price equal to 80% of the lowest closing price over five recent trading days, but not below a floor equal to 20% of the Nasdaq “Minimum Price,” subject to adjustments. Conversions are capped so that an investor generally cannot beneficially own more than 4.99% of outstanding common stock, adjustable up to 9.99% with notice.
The Certificate of Designation was amended on April 13, 2026 to designate 30,000 Series A preferred shares. Aspire states that, as a result of the Offering, it believes stockholders’ equity now exceeds $2.5 million, meeting the minimum requirement for continued listing on The Nasdaq Capital Market, and it awaits Nasdaq’s formal confirmation.
Aspire Biopharma Holdings, Inc. held a Special Meeting of Stockholders on April 10, 2026, where a quorum of stockholders voted on several proposals. The 8-K reports that all matters presented at the meeting were approved based on the tabulated voting results.
The disclosed proposals received votes in favor ranging from 1,466,141 to 2,096,356, with varying levels of opposition, abstentions, and broker non-votes. The filing confirms the outcomes of these stockholder votes and is signed by Chief Executive Officer Kraig Higginson.
Aspire Biopharma Holdings, Inc. has signed a non-binding Letter of Intent to acquire Dura Driver Control Systems (DCS), a tier-one automotive and industrial systems supplier. Aspire expects to buy 100% of DCS for $30 million in cash, subject to due diligence and a definitive agreement.
For the fiscal year ended December 31, 2025 (unaudited), DCS generated more than $200 million in revenue, over $17 million in net income and over $22 million in Adjusted EBITDA. DCS supplies mechatronic actuators, human‑machine interfaces, industrial cables and control systems, backed by more than 310 patents and 11 manufacturing facilities worldwide.
The contemplated acquisition would diversify Aspire beyond biopharmaceutical drug delivery technology into a higher‑revenue industrial and automotive platform. The company cautions there is no assurance a definitive agreement will be finalized or that the transaction will close, and any deal would be subject to customary conditions and audited financials.
Aspire Biopharma Holdings, Inc. entered into a non-binding letter of intent to acquire 100% of the Driver Controls Systems business unit of Firefish Topco, LLC for an enterprise value of $30.0 million on a cash-free, debt-free basis, payable in cash at closing.
The LOI includes reciprocal break-up fees of $3.5 million under specified failure-to-close or bad-faith scenarios, as well as a 30-day no-shop period for the sellers, subject to possible extension. Most LOI terms are non-binding, and completion depends on negotiating and signing a definitive purchase agreement and satisfying closing conditions. Following a completed acquisition, the company plans to engage Lakewood & Company, LLC to provide management services for DCS, subject to a separate definitive management agreement.
Aspire Biopharma Holdings, Inc. entered into a securities purchase agreement for a private placement of up to 26,250 shares of Series A Convertible Preferred Stock at $800 per share, for potential gross proceeds of up to $21.0 million. The company completed an initial closing on February 6, 2026, issuing 13,750 preferred shares for $11.0 million, including the conversion of $943,801 of existing debt, and paying a $900,000 placement fee. A potential second closing of up to 12,500 additional preferred shares for up to $10,000,000 is conditioned on effectiveness of a resale registration statement and stockholder approval. Aspire believes the transaction has increased stockholders’ equity above the $2.5 million Nasdaq Capital Market requirement and plans a stockholder vote on the financing, a reverse stock split in a range of 1-for-5 to 1-for-500, and an increase in authorized shares. The filing also notes the resignation of director Donald G. Fell and the appointment of Philip Balatsos to the board, and grants the investors the right to appoint one director.
Aspire Biopharma Holdings, Inc. amended its charter to designate 25,000 shares of authorized preferred stock as Series A Convertible Non-Voting Preferred Stock. These shares are convertible into common stock at a price equal to 80% of the lowest closing price over the five trading days before conversion, subject to a floor equal to 20% of the Nasdaq “Minimum Price” and other adjustments.
Conversions are limited so that an investor generally cannot own more than 4.99% of outstanding common shares, with the option to increase this cap up to 9.99% on 61 days’ notice, and total issuances from conversion cannot exceed 19.99% of common shares outstanding without required shareholder approval. The Series A ranks senior to common stock on liquidation, has anti-dilution price protection, carries participation rights for up to 30% of certain future financings for six months, receives dividends on an as-converted basis when common stock receives non-stock dividends, and has no regular voting rights beyond those required by law or the charter.
Aspire Biopharma Holdings, Inc. entered into a Securities Purchase Agreement with certain investors, issuing debentures with an aggregate principal amount of $2,173,913.04 for a subscription price of $2,000,000. The debentures carry an 8% original issue discount, bear no annual interest, and mature on April 23, 2026, or sooner if the company receives at least $8,000,000 in gross proceeds from any equity or debt financing within 90 days. The debentures are not convertible into common stock, and the company may prepay them at par with ten business days’ notice. In connection with this financing, investors also received 790,000 shares of common stock as incentive shares. The company plans to use the proceeds to pay down debt and for working capital.
Aspire Biopharma Holdings, Inc. reported that its Board of Directors has confirmed the share limit for its 2024 Stock Incentive Plan at 4,890,000 shares. This plan, which had previously been approved by stockholders, allows the company to grant equity-based incentives to employees, directors, and consultants to align their interests with long-term stockholder value.
The Board also approved standard forms of award agreements for restricted stock units (RSUs) and stock options to be used for grants under the plan. Each RSU entitles the holder to receive one share of common stock upon vesting, and each option provides the right to purchase one share at a preset exercise price, in each case subject to continued service through the applicable vesting dates.
Aspire Biopharma Holdings, Inc. reported that on January 7, 2026, director Surendra Ajjarapu notified the Board of Directors of his decision to step down from his role as a Director, effective immediately. The company states that his resignation is not due to any disagreement with Aspire Biopharma, its Board of Directors, or any member of its management. The filing otherwise contains administrative details, including the company’s listing of its common stock and warrants on The Nasdaq Stock Market LLC.
Aspire Biopharma Holdings, Inc. entered into Exchange Agreements on January 1, 2026 with certain debt holders to swap approximately $1.75 million of outstanding debt into shares of its common stock. The original debt arose from subscription agreements of its predecessor, PowerUp Acquisition Corp., with sponsors of PowerUp’s initial public offering.
For each exchange, a holder may submit an Exchange Notice stating the amount to convert and will receive shares equal to that amount divided by an Exchange Price set at the prior trading day’s closing price minus $0.01 as an administrative fee. Each holder can submit up to four notices, each covering no more than 30% of its outstanding balance, and must complete any exchanges it chooses to make by January 31, 2026. The resulting shares will be freely tradeable, without restrictive legends.
If the company completes a financing over $3,000,000, it may repay part or all of a holder’s remaining balance, and a holder can elect to have up to 25% of its outstanding balance repaid from such proceeds, and as much as 33.33% of the aggregate financing proceeds. The exchanges rely on exemptions from registration under Section 3(a)(9) of the Securities Act and Regulation D, with participating investors representing that they are accredited investors.
Aspire Biopharma Holdings (ASBP) entered a new equity line of credit with Arena Business Solutions Global SPC II, Ltd., giving the company the right to sell up to $100,000,000 of common stock to Arena over a defined commitment period. Shares sold under each draw will be priced at 96% of the VWAP on the trading day the company delivers an Advance Notice, subject to the agreement’s terms.
The company will cover Arena’s due diligence and legal fees of $40,000, with $20,000 paid at signing and the balance satisfied by issuing 162,338 shares of common stock. Aspire also agreed to file a registration statement to permit Arena’s resale of ELOC Shares and ELOC Commitment Shares. Concurrently, Aspire and Arena executed a termination of their prior, similarly sized equity line, replacing it with this agreement. The securities were, and will be, issued in reliance on Section 4(a)(2) and Regulation D.
Aspire Biopharma Holdings, Inc. reported the results of its Special Meeting of Stockholders held on November 4, 2025. Item 5.07 shows two matters received votes. One matter recorded 24,965,481 votes for, 5,988,513 against, and 29,704 abstentions. Another matter recorded 19,852,827 votes for, 3,747,867 against, 8,577 abstentions, and 7,374,427 broker non-votes.
Aspire Biopharma Holdings, Inc. (ASBP) reported a Nasdaq delisting notice after it failed to regain compliance with two rules: maintaining a $50,000,000 Market Value of Listed Securities and a $1.00 minimum bid price. The company previously received deficiency letters on April 16, 2025, and did not cure them within the allowed periods, including the bid price window that ran through October 13, 2025.
On October 15, 2025, Nasdaq staff notified ASBP that its securities are subject to delisting unless it successfully appeals. The company has requested a hearing before the Nasdaq Hearings Panel and paid a $20,000 fee, which stays any suspension pending the Panel’s decision. At the hearing, ASBP will present a plan to regain compliance, which for MVLS requires reaching at least $50,000,000 for 10 consecutive trading days. The Panel may grant up to 180 days from the delist determination for ASBP to cure both issues, but there is no assurance of an extension or successful compliance.
Aspire Biopharma Holdings, Inc. disclosed that its Audit Committee approved the engagement of Turner Stone & Co as the company's new independent registered public accounting firm, effective immediately, to serve for the fiscal year ending December 31, 2025. The filing states that during the year ended December 31, 2024 and through interim periods up to September 22, 2025, neither the company nor anyone on its behalf consulted with Turner about accounting applications or audit opinions, and there were no disagreements or reportable events as defined under Regulation S-K.