secwatch.observer — SEC 8-K summary ====================================== Issuer: PALISADE BIO, INC. (PALI) CIK: 0001357459 Form: 8-K Filed at: 2026-05-12T20:14:35+00:00 Accession: 0001357459-26-000011 Event type: earnings Sentiment: positive Materiality: 0.75 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Palisade Bio Q1 2026: Cash $132.6M; R&D spend up 6.4x; PALI-2108 Phase 2 UC starts Q3 2026 -------------------------------------------------------------------------------- - Cash and equivalents of $132.6M at March 31, 2026, sufficient through Phase 2 UC readout (2H 2027) and CD readout (early 2028). - R&D expense $6.4M in Q1 2026 vs $1.0M in Q1 2025 (+$5.4M) driven by PALI-2108 clinical and CMC costs. - G&A expense $4.4M in Q1 2026 vs $1.4M in Q1 2025 (+$3.0M) on higher employee costs and professional fees. - Completed Phase 1a/b for PALI-2108; Phase 1b FSCD cohort showed sustained exposure above IC90 and modulation of inflammatory/fibrotic pathways. - IND for Phase 2 UC expected 2Q 2026; Phase 2 UC trial start Q3 2026; Phase 2 CD trial start Q1 2027. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1357459/000135745926000011/0001357459-26-000011-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1357459/000135745926000011/pali-20260512.htm HTML page: https://secwatch.observer/filing/0001357459-26-000011 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer