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Nrx Pharmaceuticals Inc SEC Filings

NRXP Nasdaq

Welcome to our dedicated page for Nrx Pharmaceuticals SEC filings (Ticker: NRXP), 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.

The NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) SEC filings page on Stock Titan provides access to the company’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. NRx Pharmaceuticals is a Delaware-incorporated, clinical-stage biopharmaceutical company focused on NMDA-based therapies for central nervous system disorders, including suicidal depression, bipolar depression, chronic pain, and PTSD. Its common stock and warrants trade on The Nasdaq Stock Market LLC under the symbols NRXP and NRXPW, respectively, as reflected in multiple Form 8-K filings.

Through this page, readers can review Form 10-Q and related notifications such as Form 12b-25 (NT 10-Q), which explain timing of quarterly report submissions and provide context on financial reporting. Form 8-K filings document material events, including registered direct offerings of common stock, acquisitions and strategic interests executed through the HOPE Therapeutics subsidiary, changes in independent registered public accounting firms, and FDA-related developments that the company chooses to disclose under Regulation FD or Item 8.01 Other Events.

For a company like NRx Pharmaceuticals, which is advancing NRX-100 (preservative-free intravenous ketamine) and NRX-101 (oral D-cycloserine/lurasidone), SEC filings can shed light on capital-raising activities, use of at-the-market offering programs, and the financial impact of building an interventional psychiatry clinic network. Filings related to acquisitions, such as Dura Medical, LLC and Cohen & Associates, include pro forma financial information and audited or unaudited financial statements that help illustrate how these clinic operations integrate into the consolidated company.

Stock Titan enhances access to these documents with real-time updates from EDGAR and AI-powered summaries that explain the key points of each filing in clear language. Users can quickly understand the significance of 8-K disclosures, accounting firm changes, and other regulatory items without reading every technical detail. This structure allows investors to monitor NRXP’s evolving financial condition, corporate transactions, and governance disclosures directly from its official SEC record.

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NRX Pharmaceuticals Chief Operating Officer Joseph Michael Casper received a grant of stock options on January 27, 2026 under the company’s 2021 Omnibus Incentive Plan. The award covers 100,000 stock options with an exercise price of $2.39 per share, expiring January 27, 2036.

The options vest in three equal tranches of 33.3% each, on June 1, 2026, December 1, 2026, and December 1, 2027. Following this grant, Casper directly holds 100,000 derivative securities linked to NRX Pharmaceuticals common stock.

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NRX Pharmaceuticals Chief Operating Officer reports initial option holdings. Joseph Michael Casper filed a Form 3 showing direct beneficial ownership of stock options to acquire 100,000 shares of NRX Pharmaceuticals common stock at an exercise price of $2.39 per share.

According to the vesting schedule, 33.3% of these options will vest on June 1, 2026, another 33.3% will vest on December 1, 2026, and the remaining 33.3% will vest on December 1, 2027. This filing establishes his starting equity position as an officer of the company.

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NRx Pharmaceuticals outlines a clearer regulatory path for its NRX-100 (preservative-free ketamine) program following an in-person Type C meeting with senior FDA leadership. Based on oral guidance, the company believes it can file a full New Drug Application using existing controlled trial data plus Real World Evidence from more than 65,000 patients in the Osmind database.

The company now plans to seek an indication for treatment-resistant depression in the context of suicidality, a broader target than suicidal ideation alone, and expects no additional nonclinical or bridging studies will be required. FDA will work with NRx and Osmind to finalize a statistical analysis plan for the Real World Evidence, which the company expects will be among the first such CNS applications under new guidance. Separately, NRx has filed an Abbreviated New Drug Application for a generic preservative-free ketamine for anesthesia and pain, with a planned FDA decision date in summer 2026.

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NRx Pharmaceuticals, Inc. filed a prospectus supplement covering an at-the-market offering of up to $20,000,000 of its common stock. The shares may be issued from time to time under an existing At-The-Market Offering Agreement with H.C. Wainwright & Co., LLC.

The shares will be issued under the company’s effective Form S-3 shelf registration statement and related base prospectus. This report also files a legal opinion from Cozen O’Connor confirming the validity of the shares to be issued under the program.

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NRx Pharmaceuticals is launching an at-the-market stock program to sell up to $20,000,000 of common stock through H.C. Wainwright & Co. as sales agent. Shares may be sold on Nasdaq under the symbol NRXP or in negotiated transactions at prevailing market prices, with HCW earning up to 3.0% of gross proceeds.

The company plans to use any net proceeds for working capital and general corporate purposes to support growth. As of September 30, 2025, net tangible book value was about $(1.02) per share, and an illustrative sale of 11,111,111 shares at $1.80 would leave pro forma net tangible book value at $(0.21) per share, creating immediate dilution of $2.01 per new share. The filing highlights significant risks, including potential dilution, stock price volatility, and possible Nasdaq delisting if listing requirements are not met.

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NRx Pharmaceuticals is asking stockholders to vote at its virtual 2025 annual meeting on March 23, 2026. Holders of 31,872,340 common shares as of February 12, 2026 can participate and vote online.

Key items include electing two Class I directors, Chaim Hurvitz and Michael Taylor, to terms running to the 2028 meeting, approving an amendment to the 2021 Omnibus Incentive Plan that increases the annual “evergreen” equity share reserve to the lesser of 3,187,234 shares, 5% of fully diluted shares, or a lower Board-approved amount, ratifying Weinberg & Company, P.A. as independent auditor for 2025, and a non-binding advisory vote on executive pay.

The proxy also details the company’s classified board structure, committee composition, executive and director compensation, a clawback policy tied to financial restatements, and pay-versus-performance data showing continued net losses alongside higher reported compensation for senior management as roles and personnel changed.

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NRx Pharmaceuticals, Inc. appointed Joseph M. Casper, age 75, as its Chief Operating Officer, effective January 27, 2026. He brings 35 years of healthcare experience, including senior roles advising major payer, provider, and academic medical center organizations and involvement in an early medical record aggregation platform used by more than 15 million patients.

Mr. Casper’s compensation includes an expected annual base salary of $250,000, a target bonus of 25% of base salary tied to agreed milestones, and 100,000 stock options vesting 33.3% on June 1, 2026, 33.3% on December 1, 2026, and 33.3% on December 1, 2027.

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NRx Pharmaceuticals, Inc. reported that on January 12, 2026 it received a letter from Nasdaq stating the company is not in compliance with Nasdaq rules requiring an annual shareholder meeting within twelve months of the fiscal year ended December 31, 2024. The company has 45 calendar days to submit a plan to regain compliance, and Nasdaq may grant an exception of up to 180 days from fiscal year end, through June 29, 2026. The notice does not immediately affect trading of the NRXP common stock, but the company will be listed as non-compliant on Nasdaq’s website and market data feeds.

The board set March 23, 2026 as the date of the 2025 Annual Meeting, to be held virtually, with February 12, 2026 as the record date. Because this date is more than 60 days after the prior October 8, 2024 annual meeting, stockholders must submit most proposals or director nominations under the bylaws by the close of business on January 26, 2026 to be considered at the 2025 meeting.

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NRx Pharmaceuticals, Inc. has filed an amended shelf registration to offer up to $150,000,000 of common stock, preferred stock, debt securities, depositary shares, warrants, rights, purchase contracts and units. The company may sell these securities from time to time, with specific terms and prices described in future prospectus supplements.

NRx is a clinical-stage biopharmaceutical company focused on central nervous system disorders such as suicidal depression, chronic pain, PTSD and schizophrenia, with lead drug candidates NRX-100 and NRX-101. Net proceeds from any future offerings are expected to be used primarily for working capital and general corporate purposes to support growth.

The filing includes $78,644,060 of unsold securities carried forward from a prior registration under Rule 415(a)(6). Shares of common stock outstanding were 29,605,150 as of December 11, 2025; this is a baseline figure, not the amount being offered.

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FAQ

What is the current stock price of Nrx Pharmaceuticals (NRXP)?

The current stock price of Nrx Pharmaceuticals (NRXP) is $1.84 as of February 20, 2026.

What is the market cap of Nrx Pharmaceuticals (NRXP)?

The market cap of Nrx Pharmaceuticals (NRXP) is approximately 54.5M.

NRXP Rankings

NRXP Stock Data

54.47M
25.35M
Biotechnology
Pharmaceutical Preparations
Link
United States
WILMINGTON

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