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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 28, 2026
VYOME HOLDINGS, INC.
(Exact name of registrant as specified in its
charter)
| Delaware |
|
1-37897 |
|
26-1828101 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
|
Harvard Square, One Mifflin Place, Suite 400
Cambridge, MA |
|
02138 |
| (Address of principal executive offices) |
|
(Zip Code) |
(949) 429-6680
(Registrant’s telephone number, including
area code)
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:
| ☐ |
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 $0.001 per share |
|
HIND |
|
The 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 2.02 Results of Operations and Financial Condition
On May 28, 2026, Vyome Holdings, Inc. issued a
press release announcing its financial results for its first fiscal quarter ended March 31, 2026. The full text of the press release is
furnished herewith as Exhibit 99.1.
The information disclosed under this Item 2.02,
including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be incorporated by reference into any registration statement
or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth in such filing.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release dated May 28, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
| |
VYOME HOLDINGS, INC. |
| |
|
| May 29, 2026 |
By: |
/s/ Venkat Nelabhotla |
| |
Name: |
Venkat Nelabhotla |
| |
Title: |
President & Chief Executive Officer |
Exhibit 99.1
Vyome
Holdings Reports First Quarter 2026 Results With Key FDA Filings and Strong Balance Sheet
| ● | Vyome
has signed an agreement with Impetis Biosciences Limited, a TATA Enterprise, to in-license
two selective JAK inhibitor assets, opening access to a large and growing ~$57B global market1 |
| ● | VT-1953
regulatory submissions to the FDA for Orphan Drug Designation status and proposals for constructive
FDA guidance on the next steps of development |
| ● | Company
ends Q1 2026 with approximately $8.8 million in cash and cash equivalents while maintaining
a clean capital structure with no debt, no preferred stock, and no toxic financing instruments |
CAMBRIDGE,
Mass.--(BUSINESS WIRE)--Vyome Holdings, Inc. (Nasdaq: HIND)(“Vyome”), a clinical-stage biopharmaceutical company focused
on immuno-inflammatory and rare disease conditions, today reports financial results for the first quarter ended March 31, 2026, and provides
a corporate update.
Krishna
Gupta, Chairman of Vyome, said, “Over the last several quarters, Vyome has executed with focus and discipline, advancing differentiated
programs in areas of significant unmet medical need focused on inflammatory disorders. Inflammation remains one of the world’s
largest problems, and we believe Vyome is well positioned for long-term value creation. We continue to strengthen our scientific, operational,
and governance foundation while remaining highly disciplined on capital structure and shareholder alignment.”
Venkat
Nelabhotla, CEO of Vyome, stated, “We continue to advance VT-1953 toward pivotal-stage readiness while maintaining a strong focus
on disciplined execution, regulatory engagement, manufacturing preparedness, and financial stewardship. We submitted to the FDA an application
for the approval of orphan drug designation status and proposals across several areas of the next stages of development readiness, and
continue to believe VT-1953 addresses a major unmet need in malignant fungating wounds, where there are currently no FDA-approved therapies
specifically addressing the condition.”
“Importantly,
we have continued to preserve what we believe is one of the Company’s key differentiators: a clean and disciplined capital structure
with no debt, no preferred stock, and no toxic financing instruments. We remain focused on creating long-term shareholder value while
advancing our immuno-inflammatory and rare disease strategy,” concluded Mr. Nelabhotla.
| 1 | https://www.researchandmarkets.com/report/jak-inhibitor?srsltid=AfmBOoonOb9NkQoIR8mj_k-Nb-XVnCirMY73UDt2qTp7k7IFfvbe41hi |
First
Quarter 2026 and Recent Corporate Highlights
| ● | Regulatory
submissions with the FDA related to VT-1953 pivotal development readiness, including discussions
involving manufacturing, toxicology, pharmacokinetic requirements, and clinical development
considerations. Filed an Orphan Drug Designation application with the FDA |
| ● | Continued
advancement of VT-1953 for malignant fungating wounds, a condition associated with significant
unmet medical need and no FDA-approved therapies specifically addressing the condition. |
| ● | Raised
approximately $5.29 million in gross proceeds through the sale of 1,089,545 common shares
on January 27, 2026, at an average price of $5.00 per share, representing a 59.2% premium
to the prior day’s closing price, with total dilution to existing shareholders of approximately
15% |
| ● | Continued
scientific and translational activities supporting VT-1908 and broader immuno-inflammatory
initiatives |
| ● | Presented
positive VT-1953 Phase 2 clinical study data at the prestigious American Association for Cancer Research (AACR) 2026 |
| ● | Entered
into a strategic in-licensing agreement with Impetis Biosciences Limited, a TATA Enterprise,
for selective JAK inhibitor assets under a capital-light structure with payments at commercialization,
and development using non-dilutive pathways |
Financial
Results for the Quarter Ended March 31, 2026
| ● | Cash
and cash equivalents were approximately $8.8 million as of March 31, 2026, compared with approximately $5.0 million as of December 31,
2025 |
| ● | Total
assets were approximately $10.2 million as of March 31, 2026 |
| ● | Total
stockholders’ equity was approximately $8.0 million as of March 31, 2026 |
| ● | Total
operating expenses for the quarter ended March 31, 2026, were approximately $1.1 million, including approximately $666,000 in research
and development expenses and approximately $478,000 in selling, general, and administrative expenses |
| ● | Net
loss attributable to common shareholders for the quarter ended March 31, 2026, was approximately $963,000, or approximately $0.15 per
basic and diluted share |
The
Company will also host a conference call and webcast on Wednesday, June 3, 2026, at 11:00 a.m. ET to discuss the results. To access the
webcast, please use the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=531gpp9T or dial in at 1-877-317-6789
(U.S./Canada toll-free) or +1-412-317-6789 (international).
A
replay will be available on the Company Website.
About
Vyome Holdings, Inc.:
Vyome is
building the world’s premier platform spanning the US-India innovation corridor. Vyome’s immediate focus is on leveraging
its clinical-stage assets to transform the lives of patients with immuno-inflammatory conditions. By applying groundbreaking science
and its unique positioning, Vyome seeks to deliver lasting value to shareholders in a hyper cost-efficient manner while upholding global
standards of quality and safety.
To learn
more, please visit www.vyometx.com
Forward-Looking
Statements
Certain statements
made in this press release are “forward-looking statements” within the meaning of the “safe harbor” provisions
of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “target,”
“believe,” “expect,” “will,” “shall,” “may,” “anticipate,” “estimate,”
“would,” “positioned,” “future,” “forecast,” “intend,” “plan,”
“project,” “outlook,” and other similar expressions that predict or indicate future events or trends or that
are not statements of historical matters. Such statements include, but are not limited to, statements contained in this press release
relating to Vyome’s business strategy, the anticipated timing and outcome of regulatory submissions to the FDA, Vyome’s future
operating results, and liquidity and capital resources outlook. Forward-looking statements are based on Vyome’s current expectations
and assumptions regarding Vyome’s business, the economy, and other future conditions. Because forward-looking statements relate
to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Vyome’s
actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical
fact nor guarantees of assurance of future performance. Vyome cautions you, therefore, against relying on any of these forward-looking
statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include,
without limitation, Vyome’s ability to raise capital to fund continuing operations; our ability to protect Vyome’s intellectual
property rights; the impact of any infringement actions or other litigation brought against Vyome; competition from other providers and
products; Vyome’s ability to develop and commercialize products and services; changes in government regulation; and other factors
relating to Vyome’s industry, operations and results of operations described in the Vyome’s Annual Report on Form 10-K for
the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K and subsequent filings with the
Securities and Exchange Commission. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended,
or planned. Factors or events that could cause Vyome’s actual results to differ may emerge from time to time, and it is not possible
for Vyome to predict all of them. Vyome cannot guarantee future results, levels of activity, performance, or achievements. Vyome assumes
no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of
this release, except as may be required under applicable securities law.
SUMMARY
FINANCIAL STATEMENTS
SUMMARY
OF CONDENSED CONSOLIDATED BALANCE SHEETS AS OF
| | |
March 31,
2026 | | |
December 31,
2025 | |
| Cash and cash equivalents | |
$ | 8,795,783 | | |
$ | 4,982,333 | |
| Other current assets | |
| 366,799 | | |
| 455,988 | |
| Long term assets | |
| 1,022,864 | | |
| 1,058,856 | |
| Total assets | |
$ | 10,185,446 | | |
$ | 6,497,177 | |
| | |
| | | |
| | |
| Liabilities | |
$ | 2,144,125 | | |
$ | 2,735,160 | |
| Total Stockholders’ equity (deficit) | |
| 8,041,321 | | |
| 3,762,017 | |
| Total liabilities and stockholders’ equity | |
$ | 10,185,446 | | |
$ | 6,497,177 | |
SUMMARY
OF CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| | |
Three
months
ended
March 31,
2026 | | |
Three
months
ended
March 31,
2025 | |
| Revenues | |
$ | 31,591 | | |
$ | 198,581 | |
| Cost of goods sold | |
| (14,946 | ) | |
| (44,162 | ) |
| | |
| | | |
| | |
| Gross profit | |
| 16,645 | | |
| 154,419 | |
| | |
| | | |
| | |
| Operating expenses | |
| 1,146,585 | | |
| 353,417 | |
| Operating loss | |
| (1,129,940 | ) | |
| (198,998 | ) |
| | |
| | | |
| | |
| Interest and other expenses, net | |
| 144,419 | | |
| (94,976 | ) |
| | |
| | | |
| | |
| Net loss | |
$ | (985,521 | ) | |
$ | (293,974 | ) |
Contacts
Media:
contact@vyometx.com
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