{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-112399","form_type":"8-K","ticker":"PTPI","cik":"0001815903","company_name":"Petros Pharmaceuticals, Inc.","filed_at":"2026-09-30T21:09:31+00:00","discovered_at":"2026-09-30T21:10:00.378866+00:00","generated_at":"2026-10-12T14:09:58.710162+00:00","sec_items":["1.03","2.04","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Petros Pharmaceuticals enters General Assignment for Benefit of Creditors, ceases operations","bullets":["On September 30, 2026, Petros Pharmaceuticals entered a General Assignment for the Benefit of Creditors, assigning assets to PT Liquidation, LLC.","The assignment is a liquidation event; the company ceased substantially all business operations and no longer has ability to continue as a going concern.","Item 2.04: Assignment triggered defaults/obligations, may make outstanding obligations immediately due and requires immediate redemption of all Series A Convertible Preferred Stock.","Board resignations effective Sept 30, 2026: Joshua N. Silverman, Bruce T. Bernstein, Wayne R. Walker; Fady Boctor terminated as President/CCO; Robert Weinstein resigned as CAO/PFO/PAO.","The Company said resignations/termination were not due to disagreement with the Company on operations, policies, or practices."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-112399","json":"https://secwatch.observer/filing/0001104659-26-112399.json","markdown":"https://secwatch.observer/filing/0001104659-26-112399.md","text":"https://secwatch.observer/filing/0001104659-26-112399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1815903/000110465926112399/0001104659-26-112399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1815903/000110465926112399/tm2626722d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:09:58.710162+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}