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Ensysce plans to appoint James Morrisson as CEO

A delay to the scheduled annual meeting would postpone the title changes, while the director’s planned resignation also follows that meeting.

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Form Type
8-K

Rhea-AI Filing Summary

Ensysce Biosciences, Inc. described a planned leadership transition following its annual meeting, scheduled for December 14, 2026: President James Morrisson is to become Chief Executive Officer, and Chief Executive Officer Dr. Lynn Kirkpatrick is to become Chief Operating Officer immediately afterward. If the meeting is delayed, both title changes will be delayed.

Director Will Chang has advised the company that he intends to resign following the meeting. Dr. Kirkpatrick agreed to amend her September 14, 2021 employment offer letter to document the title change and state that accepting the Chief Operating Officer role will not trigger the company’s severance obligations under the agreement.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Annual meeting date December 14, 2026 Scheduled date tied to the planned leadership changes
Ensysce ownership of EBIR 79.2% Issued and outstanding shares of EBIR, Inc.
Other EBIR ownership 20.8% Owned by two company affiliates and Mucokinetica, Ltd.
Dr. Lynn Kirkpatrick’s EBIR ownership 9.9% Ownership of EBIR, Inc.
Mucokinetica, Ltd.’s EBIR ownership 1.0% Ownership of EBIR, Inc.
Executive Employment Agreement financial
"the “Executive Employment Agreement”"
severance financial
"obligations of the Company to pay severance"
Severance is the payment and benefits an employer provides to an employee when their job ends, acting like a short-term financial safety net or final paycheck plus extras such as healthcare continuation or stock vesting. Investors care because severance obligations are real costs and potential liabilities that can reduce cash, affect reported profits, and signal how a company handles leadership changes or downsizing, which can influence future performance and shareholder value.
clinical stage medical
"a clinical stage pharmaceutical company"
The clinical stage describes where a drug or medical treatment is in testing on human volunteers or patients, usually categorized by early safety testing through larger effectiveness trials. For investors it signals how much human evidence exists and how close the product may be to approval or market entry—a bit like a prototype moving from lab bench trials to real-world beta tests, with each step reducing uncertainty and creating potential value catalysts.
overdose protection program medical
"the Company’s overdose protection program"
precision medicines medical
"targeted small molecule precision medicines for oncology"
Precision medicines are treatments designed to work for specific groups of patients identified by genetic, biological, or lifestyle characteristics, rather than a one-size-fits-all drug. They matter to investors because these therapies can be more effective and command premium pricing in smaller, well-defined markets—offering higher potential returns if successful but also concentrated development and regulatory risk, like betting on a tailored suit that fits only certain people.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does ENSC’s employment amendment say about severance?

Dr. Kirkpatrick agreed to amend her September 14, 2021 employment offer letter to document the title change and state that accepting the Chief Operating Officer role will not trigger the company’s severance obligations under the agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): October 29, 2026)

 

 

 

Ensysce Biosciences, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-38306   82-2755287

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

7946 Ivanhoe Avenue, Suite 201

La Jolla, California

  92037
(Address of principal executive offices)   (Zip Code)

 

(858) 263-4196

Registrant’s telephone number, including area code

 

N/A

(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 to 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 $0.0001 per share   ENSC   The Nasdaq Stock Market LLC

 

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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

Ensysce Biosciences Inc. (the “Company”) has been advised by Mr. Will Chang, a member of the Company’s Board of Directors, that he intends to resign as a Director of the Company following the next annual meeting of stockholders (the “Annual Meeting”). The Annual Meeting has been scheduled for December 14, 2026. Mr. Chang has not provided a writing concerning his resignation or a date of resignation.

 

On October 29, 2026, our Chief Executive Officer, Dr. Lynn Kirkpatrick, age 69, agreed that she would assume the title of Chief Operating Officer of the Company immediately following the Annual Meeting in connection with relinquishing her title of Chief Executive Officer. If the Annual Meeting is delayed, both her assumption and relinquishment will be delayed.

 

As previously reported, immediately following the Annual Meeting, the Company’s President, Mr. James Morrisson, will assume the title of Chief Executive Officer. Dr. Kirkpatrick has also agreed that she will execute an amendment to her September 14, 2021 employment offer letter with the Company (the “Executive Employment Agreement”) to document the change in title and state that Dr. Kirkpatrick agrees that her acceptance of the position of Chief Operating Officer will not trigger the obligations of the Company to pay severance pursuant to the Executive Employment Agreement. The Executive Employment Agreement is described in the Company’s Annual Report on Form 10-K for year ended December 31, 2025 under “Item 10. Executive Officers and Directors—Employment Agreement with our NEOs—Dr. Lynn Kirkpatrick, Ph.D.”

 

Dr. Kirkpatrick. has served as the Company’s Chief Executive Officer since January 2009. Dr. Kirkpatrick has spent over 30 years in drug discovery and development, has initiated the clinical development of four novel drug candidates and now strives to bring highly novel and safe pain therapies to commercialization. She received a Doctor of Philosophy (“Ph.D.”) degree in Medicinal and Biomedicinal Chemistry at the University of Saskatchewan, completed a Post-Doctoral Fellowship at the Yale University School of Medicine, and became a tenured full professor in the Department of Chemistry at the University of Regina. She co-founded ProlX Pharmaceuticals, Corp. (“ProlX”) an oncology discovery company, becoming Chief Executive Officer and successfully bringing three small molecules from discovery into clinical development, two of these her own discoveries from academia. ProlX was acquired by Biomira Inc., and Dr. Kirkpatrick became the Chief Scientific Officer of the merged company to focus on the development of oncology products and vaccines. In 2009, she co-founded PHusis Therapeutics, developing targeted small molecule precision medicines for oncology. At the same time, she became the Company’s Chief Executive Officer. Dr. Kirkpatrick has published extensively in the area of targeted drug discovery, abuse deterrent pain products and holds numerous patents for novel drugs and modalities. The Company believes that Dr. Kirkpatrick is qualified to serve on the Company’s Board of Directors because of her extensive executive experience in the Company’s industry and her service as the Company’s Chief Executive Officer.

 

The Company owns 79.2% of the issued and outstanding shares of EBIR, Inc., a clinical stage pharmaceutical company that is developing a compound utilized in the Company’s overdose protection program for the treatment of COVID-19. The other 20.8% is owned by two affiliates of the Company and Mucokinetica, Ltd. Specifically, Dr. Kirkpatrick owns 9.9% and Mucokinetica, Ltd. owns 1.0%. Dr. Kirkpatrick is also Chief Executive Officer of EBIR, Inc. There is no revenue sharing agreement between the Company and EBIR, Inc.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10   Form of Amendment No. 1 to Employment Agreement with Dr. Lynn Kirkpatrick
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

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.

 

Dated: November 4, 2026

 

  Ensysce Biosciences, Inc.
     
  By: /s/ Lynn Kirkpatrick
  Name:  Dr. Lynn Kirkpatrick
  Title: Chief Executive Officer

 

3

Filing Exhibits & Attachments

4 documents

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