STOCK TITAN

Protagenic Therapeutics (NASDAQ: PTIXW) updates consent in 8-K/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K/A

Rhea-AI Filing Summary

Protagenic Therapeutics, Inc. filed an amended current report to update a consent exhibit connected to its earlier acquisition of Phytanix Bio. The company previously completed a share exchange in which it acquired 100% of the common and preferred shares of Phytanix, bringing that Nevada corporation under its control.

This latest amendment revises Item 9.01 solely to update Exhibit 23.1, the consent of GreenGrowth CPAs Inc. No other parts of the prior amended report, including the historical and unaudited pro forma financial statements for the combination with Phytanix, are changed.

Positive

  • None.

Negative

  • None.
true 0001022899 0001022899 2025-05-15 2025-05-15 0001022899 us-gaap:CommonStockMember 2025-05-15 2025-05-15 0001022899 PTIX:CommonStockWarrantsMember 2025-05-15 2025-05-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K/A

(Amendment No. 2)

 

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 15, 2025

PROTAGENIC THERAPEUTICS, INC.
(Exact name of Company as specified in its charter)

 

Delaware   001-12555   06-1390025

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

149 Fifth Avenue, Suite 500, New York, NY   10010
(Address of principal executive offices)   (Zip Code)

 

212-994-8200
(Company’s telephone number, including area code)

 

 

(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 Company 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   Ticker symbol(s)   Name of each exchange on which registered
Common Stock   PTIX   Nasdaq
Common Stock Warrants   PTIXW   Nasdaq

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

 

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. ☐

 

 

 

 

 

 

Explanatory Note

 

As previously reported, on May 19, 2025, Protagenic Therapeutics, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Form 8-K”) reporting that on May 15, 2025, the Company entered into the Share Exchange Agreement (the “Exchange Agreement”) with Alterola Biotech Inc., a Nevada corporation (“Alterola”), EMC2 Capital LLC, a Wyoming limited liability corporation (“EMC2”), the preferred stockholders of Phytanix set forth on Schedule A thereto (the “Preferred Stockholders”) and Colin Stott, as “Seller’s Representative (as defined therein), pursuant to which the Company acquired 100% of the issued and outstanding common shares of Phytanix Bio, a Nevada corporation (“Phytanix”) (such transaction, the “Combination”). Prior to the Combination, Alterola and EMC2 collectively owned 100% of the issued and outstanding shares of the common shares of Phytanix (the “Shares”), and the Preferred Stockholders collectively owned 100% of the issued and outstanding shares of Series A convertible preferred shares of Phytanix (the “Preferred Shares”).

 

On August 28, 2025, the “Company” filed a Current Report on Form 8-K/A (together with the Original Form 8-K, the “Original Form 8-K/A”) to include the financial statements and unaudited pro form financial information required by Items 9.01(a) and (b) of Form 8-K, respectively, which were not included in the Original Form 8-K pursuant to Items 9.01(a)(3) and (b)(2) of Form 8-K.

 

This Current Report on Form 8-K/A, amends Item 9.01 of the Original Form 8-K/A to update Exhibit 23.1. No other changes have been made to the Original Form 8-K/A.

 

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibits.

 

Exhibit Number   Description
23.1  

Consent of GreenGrowth CPAs Inc.

 

104   Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  PROTAGENIC THERAPEUTICS, INC.
   
Date: September 17, 2025 By: /s/ Alexander K. Arrow
  Name: Alexander K. Arrow
  Title: Chief Financial Officer

 

 

 

 

FAQ

What did Protagenic Therapeutics (PTIXW) change in this 8-K/A amendment?

The company updated Item 9.01 only to revise Exhibit 23.1, which is the consent of GreenGrowth CPAs Inc.. No other sections of the earlier amended report were changed.

How is the Phytanix Bio acquisition described in this Protagenic Therapeutics (PTIXW) filing?

The filing explains that Protagenic Therapeutics entered into a Share Exchange Agreement under which it acquired 100% of the issued and outstanding common shares of Phytanix Bio, along with the interests of its preferred stockholders.

Does this Protagenic Therapeutics (PTIXW) amendment affect previously filed financial statements?

No. The amendment states that no other changes have been made to the earlier amended report beyond updating Exhibit 23.1, so the previously filed financial statements and pro forma information remain the same.

What is Exhibit 23.1 in Protagenic Therapeutics’ (PTIXW) amended 8-K?

Exhibit 23.1 is identified as the Consent of GreenGrowth CPAs Inc., which relates to the financial information included in the company’s prior amended current report.

Who signed the amended 8-K/A for Protagenic Therapeutics (PTIXW)?

The amended report was signed on behalf of Protagenic Therapeutics, Inc. by Alexander K. Arrow, who is listed as the company’s Chief Financial Officer.
Protagenic

OTC:PTIXW

View PTIXW Stock Overview

PTIXW Rankings

PTIXW Latest News

PTIXW Latest SEC Filings

PTIXW Stock Data

3.18M
Biotechnology
Pharmaceutical Preparations
Link
United States
NEW YORK