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Daré Bioscience (NASDAQ: DARE) issues 50,000 preferred unit package

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Daré Bioscience, Inc. completed closings of its previously announced Regulation A unit offering. The company issued 50,000 Investor Units, each priced at $5.00, with each unit consisting of one share of Series A Convertible Preferred Stock and two Investor Warrants.

In total, Daré issued 50,000 shares of Series A Preferred Stock and Investor Warrants to purchase up to 100,000 shares of common stock. The offering is conducted under an offering statement on Form 1-A qualified by the SEC on April 1, 2026, with related offering circulars dated January 6, March 26, and May 14, 2026.

Positive

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Negative

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Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Reg A maximum offering size 4,854,000 units Previously announced Investor Unit offering size
Investor Unit price $5.00 per unit Offering price for each Investor Unit
Investor Units issued 50,000 units Units issued at closing on May 14, 2026
Series A Preferred shares issued 50,000 shares One share of Series A Preferred per Investor Unit
Common shares underlying warrants 100,000 shares Shares of common stock purchasable via Investor Warrants
Form 1-A qualification date April 1, 2026 Most recent SEC qualification of offering statement
Regulation A regulatory
"completed closings of its previously announced Regulation A offering of up to 4,854,000 units"
Regulation A is a U.S. securities rule that lets smaller or growing companies offer shares to the public with simpler paperwork and lower costs than a full stock market listing, acting as a middle ground between private fundraising and a traditional public offering. For investors it matters because it opens access to early-stage opportunities that would otherwise be private, but these offerings can carry higher risk and different disclosure standards than large, fully listed companies.
Series A Convertible Preferred Stock financial
"each consisting of one share of Series A Convertible Preferred Stock (the “Series A Preferred Stock”)"
Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.
Investor Warrants financial
"and two warrants, each to purchase one share of our common stock (“Investor Warrants”)"
Form 1-A regulatory
"pursuant to our offering statement on Form 1-A (File No. 024-12688), as amended"
offering circular regulatory
"the offering circular dated January 6, 2026, and the offering circular supplements"
An offering circular is a formal disclosure document provided to potential investors when a company or issuer makes securities available for sale. It lays out what is being sold, the price and terms, key financial facts, management background, intended use of proceeds and the main risks — like the product label and instruction manual for an investment. Investors use it to compare options and judge whether the risk and potential return fit their needs.
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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): May 14, 2026
DARÉ BIOSCIENCE, INC.
(Exact name of registrant as specified in its charter)
 
Delaware 001-36395 20-4139823
(State or other jurisdiction
of incorporation)
 (Commission
File Number)
 (I.R.S. Employer
Identification No.)
 
3655 Nobel Drive, Suite 260
San Diego, CA 92122
(Address of Principal Executive Offices and Zip Code)
Registrant’s telephone number, including area code: (858926-7655
 
Not Applicable
(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 (see General Instruction A.2. below):
   
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 classTrading Symbol(s)Name of each exchange on which registered
Common stockDARENasdaq Capital Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 3.02Unregistered Sales of Equity Securities.
Daré Bioscience, Inc. (“Daré” “we,” “us,” or “our”) completed closings of its previously announced Regulation A offering of up to 4,854,000 units (each, an “Investor Unit” and collectively the “Investor Units”), each consisting of one share of Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and two warrants, each to purchase one share of our common stock (“Investor Warrants”), with each Investor Unit being offered at an offering price of $5.00 (the “Offering”). The closings occurred on May 14, 2026. In connection therewith, we issued an aggregate of 50,000 Investor Units consisting of 50,000 shares of Series A Preferred Stock and Investor Warrants to purchase up to 100,000 shares of our common stock.

The offering of the Investor Units is being conducted pursuant to our offering statement on Form 1-A (File No. 024-12688), as amended, which was most recently qualified by the U.S. Securities and Exchange Commission (the “SEC”) on April 1, 2026, and the offering circular dated January 6, 2026, and the offering circular supplements dated March 26, 2026, and May 14, 2026, which form a part thereof. Additional information regarding the Offering and the terms of conversion and exercise of the Series A Preferred Stock and Investor warrants was previously reported in our Current Report on Form 8-K filed with the SEC on January 29, 2026, and is incorporated herein by reference.




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.
 
  
DARÉ BIOSCIENCE, INC.
 
Dated: May 18, 2026  By: /s/ Sabrina Martucci Johnson
  Name: Sabrina Martucci Johnson
  Title: President and Chief Executive Officer

FAQ

What did Daré Bioscience (DARE) disclose in its latest 8-K?

Daré Bioscience reported completing closings of its Regulation A offering of Investor Units. It issued 50,000 units, each at $5.00, consisting of Series A Convertible Preferred Stock and Investor Warrants to purchase common shares under a previously qualified Form 1-A offering statement.

How many Investor Units did Daré Bioscience (DARE) issue in the Regulation A offering?

Daré Bioscience issued 50,000 Investor Units in its Regulation A offering. Each unit includes one share of Series A Convertible Preferred Stock and two Investor Warrants, giving warrant rights to purchase up to 100,000 shares of the company’s common stock in total.

What are the key terms of Daré Bioscience (DARE) Investor Units?

Each Investor Unit is offered at $5.00 and consists of one share of Series A Convertible Preferred Stock plus two Investor Warrants. Each Investor Warrant allows the holder to purchase one share of common stock, providing additional potential equity exposure if warrants are exercised.

What securities did Daré Bioscience (DARE) issue as part of this offering?

Daré Bioscience issued 50,000 shares of Series A Convertible Preferred Stock and Investor Warrants to purchase up to 100,000 shares of common stock. These securities were issued through 50,000 Investor Units sold under a previously qualified Regulation A Form 1-A offering statement.

Under what regulatory framework was Daré Bioscience (DARE) conducting this offering?

The offering was conducted under Regulation A pursuant to an offering statement on Form 1-A, File No. 024-12688. This statement was most recently qualified by the SEC on April 1, 2026, supported by offering circulars dated January 6, March 26, and May 14, 2026.

When did Daré Bioscience (DARE) complete the closings of its Regulation A offering?

Daré Bioscience completed the closings of its Regulation A Investor Unit offering on May 14, 2026. The company’s 8-K describes the issuance of 50,000 Investor Units and references earlier SEC-qualified offering materials governing the conversion and exercise terms.

Filing Exhibits & Attachments

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