Veru Inc. filings document regulatory disclosures for a Wisconsin biopharmaceutical company whose common stock trades on the Nasdaq Capital Market under VERU. Recent 8-K reports cover financial results, clinical program updates, material agreements, settlement of promissory-note obligations, security-holder rights, and capital-structure actions, including the completed 1-for-10 reverse stock split.
Proxy and annual-meeting records describe board elections, auditor ratification, executive compensation votes, and amendments to the 2018 Equity Incentive Plan. The filing record also includes Nasdaq listing-compliance disclosures and exhibits tied to Veru’s enobosarm and sabizabulin development programs.
Veru Inc. reported a quarterly net loss of $7.33 million for the three months ended June 30, 2025, narrower than the prior-year quarter loss of $10.97 million, driven by lower operating expenses with research and development falling to $3.02 million and selling, general and administrative to $5.01 million. The company recorded no net revenues in the quarter and reported net loss per share of $0.50 versus $0.75 a year earlier.
Cash and restricted cash totaled $15.01 million at June 30, 2025, down from $24.92 million at September 30, 2024. Net cash used in operating activities for the nine months was $24.55 million. The company completed the sale of its FC2 business, generating expected net proceeds of approximately $16.3 million and recognizing a $4.3 million loss on the sale, and recognized an $8.6 million gain on extinguishment of debt related to the residual royalty agreement. Management discloses substantial doubt about the Company’s ability to continue as a going concern for at least twelve months.
Veru Inc. effected a 1-for-10 reverse stock split of its common stock, effective 11:59 pm CT on August 8, 2025, converting every ten pre-split shares into one post-split share. The Nasdaq listing will trade on a split-adjusted basis beginning with the opening of trading on or about August 11, 2025, under the same ticker VERU and new CUSIP 92536C202. Fractional shares will not be issued; shareholders will receive cash in lieu of any fractional interest.
The split does not change the number of authorized shares or par value. The Board approved the 1-for-10 ratio after shareholders authorized a 1-for-2 to 1-for-20 range at a July 25, 2025 special meeting. Outstanding equity awards and reserved shares under the Company’s Schedules of equity plans were proportionately adjusted and the Company’s Form S-8 registration statements were amended by operation of Rule 416(b).
Veru Inc. filed a current report stating that it issued a press release announcing its financial results for the quarter and nine months ended June 30, 2025. The press release is included as Exhibit 99.1 and provides the detailed figures and commentary on the company’s performance for this period. The report clarifies that this information is being furnished rather than filed under securities law, which affects how it may be used in future legal and regulatory contexts.