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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 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): |
|
July
18, 2025 |
Protagenic Therapeutics, Inc.\new
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. ☐
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
July 18, 2025, the Board of Directors (the “Board”) of Protagenic Therapeutics, Inc. (the “Company”) voted unanimously
to appoint Timothy R. Wright as a member of the Board, effective immediately and to serve as a Class II director, with a term to expire
at the Company’s 2026 annual meeting of shareholders. The Board has determined that Mr. Wright is an “independent director”
as defined in the Nasdaq Listing Rules. With the addition of Mr. Wright, the Board now has three independent directors.
Timothy
R. Wright is the Executive Chairman of Isosceles, a position that he has held since April of 2019. Mr. Wright also serves as the President
and CEO of BIORG, INC since November of 2023. Prior to these positions Mr. Wright was the CEO of MiMedX a regenerative medicine
company. Mr. Wright also currently serves on the board of directors of Agenus Inc., which he has served on since 2006. In addition, Mr.
Wright is the founder and previous Chairman of The Ohio State University Comprehensive Cancer Center Drug Development Institute
. He also serves on the Advisory boards of Washington University Medical School and North Carolina Veterinary School Mr. Wright previously
held several executive roles at Covidien (now Medtronic), Teva Pharmaceuticals Industries Ltd., DuPont Merck, Elan Bio-Pharmaceuticals,
M2Gen Corp.
For
his services as a director, Mr. Wright will participate in the Company’s standard compensation arrangements for non-employee directors,
as described in the Company’s proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the “SEC”)
on January 3, 2025.
There
are no arrangements or understandings between Mr. Wright and any other person pursuant to which Mr. Wright was selected as a director
of the Company. Mr. Wright has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a)
of Regulation S-K.
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:
July 24, 2025 |
By: |
/s/
Alexander K. Arrow |
|
Name: |
Alexander
K. Arrow |
|
Title: |
Chief
Financial Officer |