secwatch.observer — SEC 8-K summary
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Issuer:     Vaxart, Inc. (VXRT)
CIK:        0000072444
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001437749-25-004824
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Vaxart receives stop work order from BARDA on Project Agreement; work halted for 90 days
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- Received stop work order from ATI (BARDA) on Feb 21, 2025 for all efforts under Project Agreement RRPV-24-04-NGVx-003.
- Exception: Company may continue per protocol follow-up for the 400-person cohort.
- Stop work is effective for 90 days; ATI may cancel, extend, or terminate within that period.
- Project Agreement dated June 13, 2024; no financial impact disclosed yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72444/000143774925004824/0001437749-25-004824-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72444/000143774925004824/vxrt20250222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-004824

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer