{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-133437","form_type":"8-K","ticker":"VERU","cik":"0000863894","company_name":"VERU INC.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.469421+00:00","generated_at":"2026-06-16T02:07:21.826705+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Veru signs $100M common stock purchase agreement with Lincoln Park Capital","bullets":["Up to $100M of common stock over 36 months; regular purchases ≤225,000 shares/day.","Larger purchases possible at higher stock prices; purchase price based on VWAP or closing price.","Commitment fee of 800,000 shares upfront; additional $1M shares at $50M cumulative purchases.","Exchange cap 17,678,502 shares (19.99% of outstanding) unless shareholder approval or price >$1.26.","Proceeds to be used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-133437","json":"https://secwatch.observer/filing/0001193125-23-133437.json","markdown":"https://secwatch.observer/filing/0001193125-23-133437.md","text":"https://secwatch.observer/filing/0001193125-23-133437.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/863894/000119312523133437/0001193125-23-133437-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/863894/000119312523133437/d72542d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:07:21.826705+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":[{"claim_id":"33791949f605cb39eacdadb894ca6503196b4d8c","claim":"VERU INC. entered into Purchase Agreement with Lincoln Park Capital Fund, LLC valued at up to $100,000,000 (effective 2023-05-02).","evidence_excerpt":"On May 2, 2023, Veru Inc. (the “Company”), entered into a purchase agreement (the “Purchase Agreement”) with Lincoln Park Capital Fund, LLC (“Lincoln Park” or “Investor”) (each, a “Party”, and together, the “Parties”), which provides that, upon the terms and subject to the conditions and limitations set forth therein, the Company may sell to Lincoln Park up to $100,000,000 of shares (the “Purchase Shares”) of the Company’s common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/863894/000119312523133437/0001193125-23-133437-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Lincoln Park Capital Fund, LLC"},{"label":"Value","value":"up to $100,000,000"},{"label":"Effective","value":"2023-05-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}