---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-029912"
form_type: "8-K"
ticker: "VERU"
cik: "0000863894"
company_name: "VERU INC."
filed_at: "2025-09-26T23:59:59+00:00"
generated_at: "2026-05-17T05:38:09.372517+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Veru settles $8.8M Onconetix promissory notes for $6.3M cash and preferred stock/warrants

## Summary
- Outstanding principal under two promissory notes totaled $8,826,155.41 as of September 22, 2025.
- Veru accepted a cash payment of $6,326,155.41, 3,125 shares of Series D Convertible Preferred Stock (stated value $1,000/share), and 846,975 warrants.
- Settlement Amounts paid on September 24, 2025; Promissory Notes and Forbearance Agreement terminated.
- No assurance of future cash proceeds from the preferred stock, warrants, or underlying common shares.
- Release of all claims by Veru against Onconetix upon receipt of settlement consideration.

## SEC filing metadata
- accession: 0001437749-25-029912
- form_type: 8-K
- ticker: VERU
- cik: 0000863894
- company_name: VERU INC.
- filed_at: 2025-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/863894/000143774925029912/0001437749-25-029912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/863894/000143774925029912/veru20250923_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-029912
- JSON: https://secwatch.observer/filing/0001437749-25-029912.json
- Plain text: https://secwatch.observer/filing/0001437749-25-029912.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.