Welcome to our dedicated page for Dyadic Intl Del SEC filings (Ticker: DYAI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dyadic International, Inc. filings document the regulatory disclosures of a Nasdaq-listed biotechnology company developing and commercializing recombinant proteins and enzymes through proprietary microbial expression platforms. Form 8-K reports cover financial results, press-release exhibits, business-development updates, and Nasdaq continued-listing matters affecting the company's common stock.
The filing record also includes material agreements and capital-structure disclosures, including equity issuance programs under shelf registration statements, underwriting arrangements for common stock offerings, and amendments to security agreements tied to senior secured convertible promissory notes. These documents describe Dyadic's governance, registered securities, financing activity, listing compliance, and formal event reporting.
Mark A. Emalfarb, who is listed as CEO, a director and a >10% owner of Dyadic International, purchased a $1,000,000 principal Senior Secured Convertible Promissory Note of Dyadic International on 09/15/2025. The note accrues interest at 8% per annum payable quarterly and matures on March 8, 2027 unless earlier converted, repurchased, or redeemed.
The note is convertible at $1.40 per share, representing 714,286 underlying common shares if converted in full. The reported ownership is held indirectly through the Mark A Emalfarb Trust U/A/ DTD 10/1/1987. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.
Mark A. Emalfarb, who is listed as CEO, a director and a >10% owner of Dyadic International, purchased a $1,000,000 principal Senior Secured Convertible Promissory Note of Dyadic International on 09/15/2025. The note accrues interest at 8% per annum payable quarterly and matures on March 8, 2027 unless earlier converted, repurchased, or redeemed.
The note is convertible at $1.40 per share, representing 714,286 underlying common shares if converted in full. The reported ownership is held indirectly through the Mark A Emalfarb Trust U/A/ DTD 10/1/1987. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.
Dyadic International, Inc. reported that it entered into an amendment to its existing Security Agreement covering its Senior Secured Convertible Promissory Notes due March 8, 2027. The amendment, dated September 15, 2025, was executed with a majority of the current noteholders.
The amendment replaces Schedule A of the Security Agreement to update the list of secured parties. These updates include adding a trust established for the benefit of Dyadic’s CEO, Mark Emalfarb, following his purchase and assignment to him of one of the company’s senior secured convertible notes with a principal amount of $1,000,000.
Bandera Partners LLC, together with Managing Members Gregory Bylinsky and Jefferson Gramm, filed an amended Schedule 13G reporting ownership of 1,383,308 shares of Dyadic International, Inc. common stock as of June 30, 2025. Those shares represent 4.6% of the outstanding class based on 30,090,661 shares reported by the issuer on May 13, 2025. The shares are directly held by Bandera Master Fund L.P.; Bandera Partners is the investment manager with authority to vote and dispose of the shares, and Messrs. Bylinsky and Gramm are reported as managing members with shared voting and dispositive power. The filing states the position is held in the ordinary course of business and not for control purposes.
Dyadic International, Inc. filed a Form 8-K to let investors know it has released its financial results for the quarter ended June 30, 2025. The company distributed these results through a press release dated August 13, 2025.
The press release is included as Exhibit 99.1 and is described as being furnished rather than filed under the securities laws, which affects how it is treated for liability and incorporation into other SEC filings.
Dyadic International, Inc. reported results for the quarter ended June 30, 2025, showing revenue growth and a smaller operating loss versus the prior year. Total revenue was $966,630 for the quarter (versus $385,896 a year earlier) and $1,360,202 for the six months (versus $720,513). Net loss for the quarter was $(1,793,774) compared with $(2,045,223) a year ago; six-month net loss was $(3,821,353) versus $(4,054,819). Basic and diluted loss per share was $(0.06) for the quarter and $(0.13) for six months.
Balance sheet and liquidity highlights show cash and cash equivalents of $2,140,899 and restricted cash of $1,833,531 related to the Gates Foundation grant. Total assets were $8.14 million and total liabilities $8.67 million, producing stockholders' equity of $(529,701). Convertible notes net carrying amounts were $1,070,971 (related party) and $3,930,170 (third party). Post-period the company closed an offering on August 1, 2025 that generated net proceeds of approximately $5.3 million; management states existing funds plus the offering are expected to cover at least 12 months, subject to assumptions stated in the filing.