Every 8-K that Lightwave Logic, Inc. (LWLG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LWLG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LWLG filings page.
Lightwave Logic, Inc. appointed Edward Kennedy as a Class I director effective September 23, 2026, filling a vacancy created by increasing the board from six members to seven. Kennedy has more than 30 years of experience across telecom, networking and enterprise infrastructure and has served as principal of Kenko Partners since 2018. His prior executive roles include CEO of CENX and Tollgrade Communications; he has also served on the board of Extreme Networks since 2011. Kennedy had not been appointed to a board committee as of September 23, 2026. He will be compensated similarly to the company’s other non-employee directors.
Lightwave Logic, Inc. appointed Fred A. Graffam III as Chief Financial Officer, effective July 20, 2026. He brings more than 20 years of operational and financial leadership, including prior public-company CFO roles at Fidium/Consolidated Communications, Ascent Capital/Monitronics (Brinks Home Security), and senior finance positions at DigitalGlobe, Level 3 Communications and Comcast.
Under his employment agreement, Mr. Graffam will receive a $450,000 annual base salary, a discretionary annual performance bonus of up to 40% of base salary, a $70,000 sign-on cash bonus subject to pro rata repayment if he resigns without good reason within 12 months, and a sign-on equity award of restricted stock units with a grant-date value of $2,400,000 that vest over four years. If terminated without cause or for good reason, he is eligible for salary and target bonus severance, 12 months of COBRA premium reimbursement and partial acceleration of the sign-on equity; if such a termination occurs within 12 months after a change in control, these severance amounts increase to two times salary and target bonus with full acceleration of time-based equity. Snizhana "Ana" Quan transitions to Vice President of Finance and Corporate Controller, and a press release announcing the appointment was issued the same day.
Lightwave Logic, Inc. held its 2026 Annual Meeting of Shareholders on May 21, 2026. As of April 6, 2026 the company had 150,610,710 shares of common stock outstanding, and 79,045,985 shares were represented in person or by proxy, establishing a quorum of approximately 52.4%.
Shareholders elected Laila Partridge and Thomas Connelly, Jr. as directors to serve until the 2029 Annual Meeting. They received 35,317,887 and 37,034,752 votes for, respectively, with broker non-votes recorded. Shareholders also approved the ratification of Stephano Slack LLP as the independent registered public accounting firm for fiscal year 2026 with 78,101,889 votes for, 66,274 against, and 877,822 abstentions.
Lightwave Logic, Inc. amended its existing sales agreement with Roth Capital Partners to increase the amount of common stock that may be sold under the program to $51,404,500. This at-the-market style arrangement allows the company to issue shares from time to time through the sales agent.
Since the original sales agreement was put in place, Lightwave Logic has already offered and sold 8,079,319 shares of common stock for gross proceeds of approximately $35 million. All shares sold under this agreement are covered by the company’s effective Form S-3 shelf registration and related base and supplemental prospectuses.
Lightwave Logic, Inc. reported that its previously issued financial statements for the quarter ended June 30, 2025 should no longer be relied upon. The audit committee, after consulting with management, found that the company had incorrectly expensed part of the value of net shares issued in non-cash stock option exercises as compensation expense.
The correction reduces non-cash compensation expense by $705,499 and records a corresponding decrease to additional paid-in capital for that quarter, which also decreases the reported net loss for the period. Lightwave Logic plans to file an amended Form 10-Q for the quarter ended June 30, 2025 to correct the error and update related disclosures, and management has discussed the issue with the company’s independent registered public accounting firm.
Lightwave Logic, Inc. announced a leadership change in its finance function. The Board appointed Snizhana “Ana” Quan as Principal Financial Officer and Principal Accounting Officer, effective January 6, 2026, following the previously announced retirement of former Chief Financial Officer and Chief Operating Officer James S. Marcelli as of December 31, 2025.
Quan, age 47, has been the company’s Corporate Controller since October 2023 and brings extensive experience in corporate accounting and SEC reporting from prior roles at Stolle Machinery Company, Frontier Airlines, NTT America, Western Union, and other firms, as well as early-career audit work at KPMG. The company states there are no special arrangements leading to her appointment, no family relationships with directors or executive officers, and no related-party transactions involving her that require disclosure.
Lightwave Logic, Inc. completed an underwritten public offering of 11,666,667 shares of common stock at $3.00 per share, raising approximately $32.8 million in net proceeds. The company granted the underwriter a 30-day option to buy up to an additional 1,750,000 shares to cover over-allotments.
Lightwave Logic plans to use the cash for working capital and general corporate purposes, and may direct part of it to accelerating commercialization, expanding U.S. production capacity to support customer partnerships and design-ins, and pursuing potential mergers, acquisitions, or investments in complementary technologies or businesses, although it has no such agreements in place now.
As part of the deal, the underwriter received warrants to purchase up to 350,000 shares of common stock, plus up to 52,500 additional warrant shares if the over-allotment option is fully exercised, at an exercise price of $3.45 per share for five years.
Lightwave Logic, Inc. terminated its stock purchase arrangement with Lincoln Park Capital Fund, LLC that had allowed the company to sell up to $30 million of common stock over a 36-month term. The company delivered notice on December 12, 2025, with the termination effective on December 15, 2025, as permitted by the contract.
The Purchase Agreement, originally dated March 17, 2025, gave Lightwave Logic the right, but not the obligation, to direct Lincoln Park to buy shares from time to time and could be ended by the company for any reason with one business day’s notice. Certain provisions continue to apply after termination, as described in the original agreement.
Lightwave Logic, Inc. disclosed an employment agreement for Yves LeMaitre establishing a $500,000 annual base salary and an annual cash bonus opportunity up to $300,000 tied to Board-established objectives. The company will grant 826,617 restricted stock units ("Additional RSUs") and will modify an existing award of 1,616,380 performance-based RSUs to remove performance vesting and change the vesting schedule. All RSUs (Additional and modified Existing RSUs) vest in four substantially equal installments every six months over two years, with the first installment composed only of Existing RSUs to comply with plan and tax rules. Mr. LeMaitre is ineligible for an additional equity grant in 2026 and may be considered for an award in 2027 at the Board's discretion. He will participate in standard employee benefit plans and receive reimbursement for reasonable business expenses.