Welcome to our dedicated page for Processa Pharmaceuticals SEC filings (Ticker: PCSA), 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 Processa Pharmaceuticals, Inc. (PCSA) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a clinical-stage pharmaceutical company listed on the Nasdaq Capital Market, Processa uses filings such as Forms 8-K, proxy statements, and registration statements to report material events related to its capital structure, shareholder votes, financing transactions, and listing status.
Recent Form 8-K filings detail key corporate actions, including a 1-for-25 reverse stock split of issued and outstanding common shares implemented through a Certificate of Amendment to the Fourth Amended and Restated Certificate of Incorporation. The filings explain that the reverse split became effective in December 2025, that the par value of the common stock was unchanged, and that the stock continued to trade on Nasdaq under the PCSA symbol with a new CUSIP number. Earlier 8-K and 8-K/A filings describe shareholder approval of amendments to increase authorized common shares from 100,000,000 to 1,000,000,000 and to authorize a reverse stock split within a specified ratio range.
Filings also address Nasdaq listing compliance. In an 8-K dated August 8, 2025, Processa reported receiving a second 180-day grace period from Nasdaq to regain compliance with the $1.00 minimum bid price requirement, and noted that it might implement a reverse stock split to cure the deficiency. Additional 8-Ks and the definitive proxy statement (DEF 14A) provide details on special meetings of stockholders, quorum issues, adjournments, and final voting results on proposals related to authorized share increases, the reverse stock split, and amendments to the company’s omnibus incentive plan.
Capital-raising activities are also documented in SEC filings. For example, an 8-K filed in June 2025 describes the pricing of a public offering of common stock (and pre-funded warrants in lieu thereof) with associated common warrants, stating that net proceeds are intended to support the Phase 2 NGC-Cap trial and general corporate purposes. Another 8-K filed in August 2025 outlines a private placement securities purchase agreement with an accredited investor, including gross proceeds, use of proceeds for general corporate purposes, and placement agent compensation.
On Stock Titan, these filings are supplemented by AI-powered summaries that highlight the most important points from each document, such as changes to authorized shares, reverse stock split terms, Nasdaq notices, and financing structures. Users can quickly see how each filing affects Processa’s capital structure, listing status, and governance, while still having the option to review the full text of the original SEC documents. As additional quarterly and annual reports (Forms 10-Q and 10-K), proxy statements, and Form 4 insider transaction reports become available on EDGAR, they are incorporated into this page with real-time updates and plain-language explanations.
The Chiliz Group Ltd, formerly HX Entertainment, reports a 13.0% beneficial ownership stake in Processa Pharmaceuticals’ common stock. It holds 305,644 shares with sole voting and dispositive power. This reflects its role as a significant strategic investor in the company.
The Chiliz Group’s total investment of approximately $1,443,784 includes an August 2025 purchase (later adjusted by a 1-for-25 reverse split) and a new February 13, 2026 purchase of 86,956 shares at $2.30 per share for $200,000, funded from internal working capital.
Processa Pharmaceuticals, Inc. reported that its Binding Term Sheet with Intact Therapeutics, signed on June 17, 2025, relating to PCS12852, expired on February 12, 2026. Because a definitive license agreement was never executed, the related proposed amendment to the existing License Agreement with Yuhan Corporation was also not entered into.
With the expiration of the Term Sheet, neither Processa nor Intact Therapeutics has any further obligations under that agreement, effectively ending the previously contemplated PCS12852 licensing arrangement under these terms.
Processa Pharmaceuticals received an amended Schedule 13G showing that investors Mitchell P. Kopin, Daniel B. Asher, and Intracoastal Capital LLC collectively reported beneficial ownership of 200,000 shares of common stock issuable upon exercise of a warrant held by Intracoastal.
As of December 31, 2025, these warrant shares represented approximately 8.1% of Processa’s common stock, based on 2,265,768 shares outstanding as of December 12, 2025 plus the 200,000 warrant shares. The filers report shared voting and dispositive power over all 200,000 shares and certify the holding is not for the purpose of changing or influencing control.
Processa Pharmaceuticals director and officer David Young, President of Research & Development, reported the vesting and distribution of restricted stock units into common stock on January 1, 2026. A total of 49 restricted stock units were converted at an exercise price of $0, resulting in 49 common shares acquired.
Following this transaction, Young holds 8,752 Processa common shares directly. He also has indirect beneficial ownership of common stock, including 1,242 shares through the Young-Plaisance Revocable Trust, 432 shares through family entities, and 742 shares through CorLyst, LLC. The filing describes the event as a distribution of vested restricted shares.
Processa Pharmaceuticals Chief Business - Strategy Officer Patrick Lin reported a small equity transaction. On January 1, 2026, Lin acquired 193 shares of Common Stock at an exercise price of $0 through the conversion of a derivative security, described as a distribution of vested restricted shares.
Following this vesting-related transaction, Lin directly beneficially owned 1,753 shares of Common Stock. In addition, 1,740 shares were held indirectly through the Lin Family Trust Feb 4, 2024, reflecting his combined direct and indirect ownership position in Processa Pharmaceuticals.
Processa Pharmaceuticals, Inc. reported an equity award transaction by Chief Administrative Officer Wendy Guy. On January 1, 2026, 193 restricted stock units converted into 193 shares of common stock at a price of
Processa Pharmaceuticals Chief Development Officer Sian Bigora reported an equity award vesting and related share distribution. On January 1, 2026, 249 restricted stock units converted into 249 shares of common stock at an exercise price of $0, described as a distribution of vested restricted shares.
Following this transaction, Bigora beneficially owns 1,604 shares of Processa common stock directly and an additional 267 shares indirectly through CorLyst, LLC. The filing reflects compensation-related share delivery rather than an open‑market purchase or sale.
Processa Pharmaceuticals, Inc. reported that on January 6, 2026 it received written notice from the Nasdaq Stock Market staff that the company has regained compliance with the $1.00 minimum closing bid price requirement for continued listing on the Nasdaq Capital Market under Listing Rule 5550(a)(2). Nasdaq indicated that the bid-price deficiency matter is now closed, meaning the company’s common stock remains eligible to trade on the Nasdaq Capital Market under its existing listing standard.
Processa Pharmaceuticals, Inc. is implementing a 1-for-25 reverse stock split of its common stock, effective as of 5:00 p.m. Eastern Time on December 16, 2025. Starting December 17, 2025, its shares will trade on the Nasdaq Capital Market on a split-adjusted basis under the existing ticker PCSA.
Each block of 25 existing shares will be converted into 1 share, with fractional share amounts rounded up to the nearest whole share rather than paid in cash. The reverse split does not change the $0.0001 par value or the authorized 1,000,000,000 shares of common stock, and it applies uniformly so that stockholders’ relative ownership percentages remain the same. All outstanding options, warrants, restricted stock units and similar securities will be adjusted to reflect the new share count.
Processa Pharmaceuticals (PCSA) filed its Q3 2025 10‑Q, reporting continued operating losses and a going concern warning. Net loss was $3,436,573 for the quarter and $10,204,896 year‑to‑date. Cash and cash equivalents were $6,308,420 as of September 30, 2025. Management says existing cash, plus subsequent warrant proceeds, should fund operations into the first quarter of 2026.
The company raised capital through multiple 2025 transactions, including $4.4 million in January and $6.2 million in June offerings, $1.2 million via an accredited investor sale, and $1.0 million under its ATM, with additional warrant exercises before and after quarter‑end. Processa began implementing a cryptocurrency treasury strategy and held $350,000 in USD‑backed stablecoins at quarter‑end, increasing to $850,000 after. Shares outstanding were 56,644,223 as of November 3, 2025. R&D expense was $1.66 million and G&A was $1.83 million in Q3. The Nasdaq minimum bid price deficiency period was extended through February 2, 2026.