{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-118157","form_type":"8-K","ticker":"VERU","cik":"0000863894","company_name":"VERU INC.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.171288+00:00","generated_at":"2026-06-03T06:59:46.647662+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Veru enters forbearance with Onconetix on $10M notes after default","bullets":["Onconetix defaulted on $5M April 2024 note due Apr 19, 2024; Veru forbears until Mar 31, 2025.","Borrower pays $50k upfront, then 15% of certain cash receipts monthly and 10% of net proceeds from financings.","Interest accrues at 10% on unpaid April note balance from Apr 20; Sept note ($5M) due Sep 30, 2024 unchanged.","Total principal $10M; no assurance of recovery; insolvency default provision waived during forbearance."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-118157","json":"https://secwatch.observer/filing/0001193125-24-118157.json","markdown":"https://secwatch.observer/filing/0001193125-24-118157.md","text":"https://secwatch.observer/filing/0001193125-24-118157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/863894/000119312524118157/0001193125-24-118157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/863894/000119312524118157/d799173d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:59:46.647662+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"}