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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): August 12, 2026
ENvue
Medical, Inc.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-36445 |
|
01-0801232 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
969
Pruitt Ave
Tyler,
Texas |
|
77569 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (800) 747-2151
(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 |
|
Name
of each exchange on which registered |
| Common Stock, par value
$0.001 per share |
|
FEED |
|
Nasdaq 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
1.01 Entry into a Material Definitive Agreement.
Committed
Equity Facility of up to $50 million
On
August 12, 2026, ENvue Medical, Inc. (the “Company”) entered into a Common Shares Purchase Agreement (the “Purchase
Agreement”), with an institutional investor (the “Investor”), relating to a committed equity facility (the “Facility”).
Pursuant to the Purchase Agreement, the Company has the right from time to time at its option to sell to the Investor up to $50.0 million
of its shares of common stock, par value $0.001 per share (the “Common Shares”), subject to certain conditions and limitations
set forth in the Purchase Agreement.
Sales
of the Common Shares to the Investor under the Purchase Agreement, and the timing of any sales, will be determined by the Company from
time to time in its sole discretion and will depend on a variety of factors, including, among other things, market conditions, the trading
price of the Common Shares and determinations by the Company regarding the use of proceeds of such Common Shares. The net proceeds from
any sales under the Purchase Agreement will depend on the frequency with, and prices at which the Common Shares are sold to the Investor.
The Company is required to use 40% of the net proceeds from any sales under the Purchase Agreement to redeem outstanding shares of its
Series X Preferred Stock, par value $0.001 per share (the “Series X Preferred Stock”), until no such shares of Series X Preferred
Stock remain outstanding, with the remainder of any net proceeds to be used for working capital and general corporate purposes.
Upon
the initial satisfaction of the conditions to the Investor’s obligation to purchase Common Shares set forth in the Purchase Agreement
(the “Commencement”), including, but not limited to, that a registration statement registering the resale by the Investor
of the Common Shares under the Securities Act of 1933, as amended (the “Securities Act”), that may be sold to it by the Company
under the Purchase Agreement (the “Initial Resale Registration Statement”), is declared effective by the SEC and a final
prospectus relating thereto is filed with the SEC, the Company will have the right, but not the obligation, from time to time at its
sole discretion until the first day of the month next following the 36-month period from and after Commencement, to direct the Investor
to purchase up to a specified maximum amount of Common Shares as set forth in the Purchase Agreement by delivering written notice to
the Investor prior to the commencement of trading on any trading day. The purchase price of the Common Shares that the Company elects
to sell to the Investor pursuant to the Purchase Agreement will be 90% of the lowest volume weighted average price of the Common Shares
during the three (3) trading days immediately preceding the applicable purchase date on which the Company has timely delivered written
notice to the Investor directing it to purchase Common Shares under the Purchase Agreement.
The
Purchase Agreement contains customary registration rights, representations, warranties, conditions and indemnification obligations by
each party. The representations, warranties and covenants contained in the Purchase Agreement were made only for purposes of the Purchase
Agreement and as of specific dates, were solely for the benefit of the parties to such agreement and are subject to certain important
limitations.
The
Company has the right to terminate the Purchase Agreement at any time after Commencement, at no cost or penalty, upon five (5) trading
days’ prior written notice. No termination of the Purchase Agreement will affect the registration rights provisions contained within
the Purchase Agreement, which will survive any termination of the Purchase Agreement.
July
2025 Purchase Agreement Amendment
As
previously disclosed in the Current Report on Form 8-K filed on July 22, 2025, the Company entered into a Securities Purchase Agreement,
dated as of July 18, 2025, as amended on January 30, 2026 (the “Series H Purchase Agreement”), by and between the Company
and the Investor, pursuant to which the Company agreed to issue and sell to the Investor newly designated shares of its Series H Convertible
Preferred Stock, par value $0.001 per share (the “Series H Preferred Stock”).
On
August 12, 2026, the Company entered into that certain Second Amendment Agreement to the Series H Purchase Agreement (the “Second
Amendment Agreement”) with the Investor. Pursuant to the terms of the Second Amendment Agreement, the Company and the Investor
agreed, among other things, subject to the receipt of Shareholder Approval (as defined in the Second Amendment), to amend the Series
H Purchase Agreement to increase the total Additional Investment Rights (as defined in the Series H Purchase Agreement) to a total aggregate
amount of up to $59,000,000 Stated Value (representing 59,000 shares of Preferred Stock and $53,100,000 of Subscription Amount) of Series
H Preferred Stock. The Investor also agreed, subject to the receipt of Shareholder Approval, to exercise the Additional Investment Rights
in an aggregate amount equal to no less than $10.0 million in the twelve (12) month period following Shareholder Approval with a monthly
minimum of $833,333.33 if not otherwise exercised (the “AIR Minimum”). The parties agreed that upon certain fund-raising
events, the AIR Minimum will be decreased on a dollar-for-dollar basis.
This
report shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall
there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state or jurisdiction.
The
foregoing summaries of the Purchase Agreement and the Second Amendment Agreement do not purport to be complete and are qualified in their
entirety by reference to the Purchase Agreement and the Amendment, forms of which are attached hereto as Exhibits 10.1 and 10.2, respectively,
to this Current Report on Form 8-K and are incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d)
Exhibits
| Exhibit
No. |
|
Description |
| 10.1 |
|
Form of Common Shares Purchase Agreement, dated as of August 12, 2026, by and between the Company and the investor signatory thereto. |
| 10.2 |
|
Form of Second Amendment Agreement, dated as of August 12, 2026, by and between the Company and the investor signatory thereto. |
| 104 |
|
Cover Page Interactive
Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
| |
ENVUE MEDICAL,
Inc. |
| |
|
|
| Date: August 12, 2026 |
By: |
/s/ Doron
Besser, M.D. |
| |
Name: |
Doron Besser, M.D. |
| |
Title: |
Chief Executive Officer |