{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-04T15:04:48.587589+00:00","company":{"ticker":"PCSA","cik":1533743,"company_name":"Processa Pharmaceuticals, Inc."},"pagination":{"limit":100,"returned":8,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"executive_change","fact_key":"db628ce307","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2026-04-30T23:59:59+00:00","payload":{"action":"transitioned from full-time executive officer to part-time employee","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2026-05-01","interim":false,"role":"Chief Development and Regulatory Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Sian Bigora changed role as Chief Development and Regulatory Officer at Processa Pharmaceuticals, Inc..","evidence_excerpt":"On April 30, 2026, Processa Pharmaceuticals, Inc. (the “Company”) approved a transition in the employment status of Dr. Sian Bigora, the Company’s Chief Development and Regulatory Officer, as part of her planned transition toward retirement.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-26-020728","anchor_url":"https://secwatch.observer/filing/0001493152-26-020728#claim-db628ce307","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315226020728/0001493152-26-020728-index.htm"},{"fact_type":"material_agreement","fact_key":"9f1b529bcce252360b345c4e75fcbaa692159621","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2026-02-19T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Binding Term Sheet","agreement_type":"license","counterparty":"Intact Therapeutics","effective_date":"2026-02-12","item_codes_triggered":["1.02"],"value_text":"Term Sheet expired without execution of definitive license agreement"},"claim":"Processa Pharmaceuticals, Inc. terminated Binding Term Sheet with Intact Therapeutics valued at Term Sheet expired without execution of definitive license agreement (effective 2026-02-12).","evidence_excerpt":"On February 12, 2026, Processa Pharmaceuticals, Inc.’s (the “Company”) Binding Term Sheet dated June 17, 2025 (the “Term Sheet”) with Intact Therapeutics regarding PCS12852 expired without the execution of a definitive license agreement and without the entry into the related proposed amendment to the License Agreement with Yuhan Corporation.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-26-007469","anchor_url":"https://secwatch.observer/filing/0001493152-26-007469#claim-9f1b529bcce252360b345c4e75fcbaa692159621","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315226007469/0001493152-26-007469-index.htm"},{"fact_type":"governance_change","fact_key":"b6648022a94ffd043adcfaacc4b6998f694bacaa","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2025-12-15T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-12-16","item_codes_triggered":["5.03"],"summary_text":"Processa Pharmaceuticals filed a Certificate of Amendment to effect a 1-for-25 reverse stock split of common stock."},"claim":"Processa Pharmaceuticals, Inc.: Processa Pharmaceuticals filed a Certificate of Amendment to effect a 1-for-25 reverse stock split of common stock (effective 2025-12-16).","evidence_excerpt":"On December 12, 2025, Processa Pharmaceuticals, Inc. (the “Company”) filed with the Secretary of State of the State of Delaware a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Fourth Amended and Restated Certificate of Incorporation to effect a 1-for-25 reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), effective as of 5:00 p.m. Eastern Time on December 16, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-25-027680","anchor_url":"https://secwatch.observer/filing/0001493152-25-027680#claim-b6648022a94ffd043adcfaacc4b6998f694bacaa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225027680/0001493152-25-027680-index.htm"},{"fact_type":"governance_change","fact_key":"8cdff612659746370ff4db2244d82f2c25281ac3","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2025-09-16T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2025-09-12","item_codes_triggered":["5.03"],"summary_text":"The Company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation to increase authorized common stock from 100,000,000 shares to 1,000,000,000 shares."},"claim":"Processa Pharmaceuticals, Inc.: The Company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation to increase authorized common stock from 100,000,000 shares to 1,000,000,000 shares (effective 2025-09-12).","evidence_excerpt":"Effective September 12, 2025, Processa Pharmaceuticals, Inc. (the “Company” or “us” or “we”) filed an amendment to its Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to increase the number of authorized shares of common stock from 100,000,000 shares to 1,000,000,000 shares (the “Amendment”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-25-013648","anchor_url":"https://secwatch.observer/filing/0001493152-25-013648#claim-8cdff612659746370ff4db2244d82f2c25281ac3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225013648/0001493152-25-013648-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"468d5b0beb2e97ce880f4f5a221ff5b65a426495","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2025-08-08T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"extension_granted","cure_deadline":null,"deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2025-08-07","notice_type":"extension_granted","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5550(a)(2)"],"rules_cited_in_text":true},"claim":"Processa Pharmaceuticals, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"August 7, 2025, the Company received a letter from the Staff notifying that the Company is eligible for a second 180-day period, or until\nFebruary 2, 2026 (the “Second Grace Period”) to regain compliance with the Bid Price Requirement. According to the notification\nfrom Nasdaq, the Staff’s determination was based on (i) the Company meeting the continued listing requirement for market value\nof its publicly held shares and all other Nasdaq initial listing standards, with the exception of the minimum bid price requirement,\nand (ii) the Company’s written notice to Nasdaq of its intention to cure t","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-25-011775","anchor_url":"https://secwatch.observer/filing/0001493152-25-011775#claim-468d5b0beb2e97ce880f4f5a221ff5b65a426495","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225011775/0001493152-25-011775-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"68ae8d93894ef913b418587833a79602ac057cb4","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2025-02-10T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":"2025-08-04","deficiency_type":"minimum_bid_price","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":false,"minimum_requirement":null,"notice_date":"2025-02-04","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5550(a)(2)"]},"claim":"Processa Pharmaceuticals, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"February 4, 2025, Processa Pharmaceuticals, Inc. (the “Company”) received a letter (the “Notice”) from the Listing\nQualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company t","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001493152-25-005633","anchor_url":"https://secwatch.observer/filing/0001493152-25-005633#claim-68ae8d93894ef913b418587833a79602ac057cb4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315225005633/0001493152-25-005633-index.htm"},{"fact_type":"executive_change","fact_key":"0992fd920d","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2024-07-17T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"retirement","effective_date":"2024-07-15","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"James Stanker resigned as Chief Financial Officer at Processa Pharmaceuticals, Inc..","evidence_excerpt":"by mutual agreement, James Stanker resigned as Chief Financial Officer of the Company, effective July 15, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-24-028093","anchor_url":"https://secwatch.observer/filing/0001493152-24-028093#claim-0992fd920d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315224028093/0001493152-24-028093-index.htm"},{"fact_type":"executive_change","fact_key":"e91bccbbd4","cik":1533743,"ticker":"PCSA","company_name":"Processa Pharmaceuticals, Inc.","filed_at":"2024-07-17T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-07-16","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Russell Skibsted was appointed as Chief Financial Officer at Processa Pharmaceuticals, Inc..","evidence_excerpt":"announced the appointment of Mr. Russell Skibsted, Effective July 16, 2024 as its Chief Financial Officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001493152-24-028093","anchor_url":"https://secwatch.observer/filing/0001493152-24-028093#claim-e91bccbbd4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1533743/000149315224028093/0001493152-24-028093-index.htm"}]}