Veru Inc. Terminates Material Definitive Agreement
Ticker: VERU · Form: 8-K · Filed: Aug 23, 2024 · CIK: 863894
Sentiment: neutral
Topics: agreement-termination, corporate-action
TL;DR
VERU terminated a big deal, expect changes.
AI Summary
Veru Inc. announced on August 19, 2024, the termination of a material definitive agreement. The company, formerly known as Female Health Co. and Wisconsin Pharmacal Company Inc., is based in Miami, Florida.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's strategic direction, financial obligations, and future operations.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty regarding the company's future business relationships and financial standing.
Key Numbers
- 1-13602 — Commission File Number (SEC File Number for Veru Inc.)
- 39-1144397 — IRS Employer Identification No. (Tax identification for Veru Inc.)
Key Players & Entities
- Veru Inc. (company) — Registrant
- August 19, 2024 (date) — Date of earliest event reported
- Wisconsin (jurisdiction) — State of incorporation
- Miami, Florida (location) — Address of principal executive offices
- Female Health Co. (company) — Former company name
- Wisconsin Pharmacal Company Inc (company) — Former company name
FAQ
What specific material definitive agreement was terminated by Veru Inc.?
The filing states the termination of a material definitive agreement but does not specify which agreement was terminated.
When did the termination of the material definitive agreement become effective?
The earliest event reported is August 19, 2024, which is the date of report and the date as of change, indicating the termination likely occurred around this time.
What is Veru Inc.'s principal executive office address?
Veru Inc.'s principal executive offices are located at 2916 N. Miami Avenue, Suite 1000, Miami, Florida 33127.
Has Veru Inc. undergone previous name changes?
Yes, Veru Inc. was formerly known as Female Health Co. and prior to that, Wisconsin Pharmacal Company Inc.
What is the SIC code for Veru Inc.?
The Standard Industrial Classification (SIC) code for Veru Inc. is 2834, which corresponds to Pharmaceutical Preparations.
Filing Stats: 582 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-08-23 16:05:53
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share VERU NASDAQ Cap
- $75 million — eement with an aggregate value of up to $75 million. As a result of the termination of the
- $1.1 million — lting in net proceeds to the Company of $1.1 million. The foregoing description of the Sal
Filing Documents
- d850876d8k.htm (8-K) — 23KB
- 0001193125-24-206171.txt ( ) — 142KB
- veru-20240819.xsd (EX-101.SCH) — 3KB
- veru-20240819_lab.xml (EX-101.LAB) — 18KB
- veru-20240819_pre.xml (EX-101.PRE) — 11KB
- d850876d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 23, 2024 VERU INC. By: /s/ Michele Greco Michele Greco Chief Financial Officer and Chief Administrative Officer 3