other material
confidence high
sentiment neutral
materiality 0.20
Citius extends employment agreement with EVP Holubiak and insider warrants to 2025
Citius Pharmaceuticals, Inc.
- Myron Holubiak's employment term extended by one year to Oct 31, 2025; all other terms unchanged.
- Investor warrants for 2,793,297 shares at $0.77 held by CEO Mazur and EVP Holubiak extended to Sept 27, 2025.
- Underwriter warrants for 194,358 shares at $1.11875 extended to same date, held by Wainwright representatives.
- Full exercise of all extended warrants would yield ~$2.4M in cash proceeds to the company.