---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-011116"
form_type: "8-K"
ticker: "AYTU"
cik: "0001385818"
company_name: "AYTU BIOPHARMA, INC"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:49:26.550762+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Aytu BioPharma amends warrants to enable equity classification; expects liability reduction

## Summary
- Amended warrants from 2023 and 2025 offerings to clarify stockholder vote cannot change beneficial ownership blockers.
- Prior classification as liabilities required recording a liability of $18.1M (Sep 2025) and $25.2M (Dec 2025).
- Expects warrant liability reduction and equity increase by the same amount after amendment.
- Issued unregistered in reliance on Section 3(a)(9) exchange and Section 4(a)(2) private placement.

## SEC filing metadata
- accession: 0001437749-26-011116
- form_type: 8-K
- ticker: AYTU
- cik: 0001385818
- company_name: AYTU BIOPHARMA, INC
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385818/000143774926011116/0001437749-26-011116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385818/000143774926011116/aytu20260327_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-011116
- JSON: https://secwatch.observer/filing/0001437749-26-011116.json
- Plain text: https://secwatch.observer/filing/0001437749-26-011116.txt

## Source-grounded claims
- claim_id: 33a1bf6635df3cc3a84a118248bf39690c536109
  claim: AYTU BIOPHARMA, INC amended Amended 2023 Prefunded Warrant with certain institutional investors (effective 2026-03-31).
  evidence_excerpt: the Company and the Investors, as applicable, entered into (i) an Amended and Restated June 2023 Prefunded Warrant ("Amended 2023 Prefunded Warrant"), (ii) an Amended and Restated June 2023 Tranche A Warrant ("Amended 2023 Tranche A Warrant") and (iii) an Amended and Restated June 2025 Prefunded Warrant ("Amended 2025 Prefunded Warrant"), pursuant to which the Company canceled the previously issued Warrants and issued to the Investors, as applicable, an Amended 2023 Prefunded Warrant, an Amended 2023 Tranche A Warrant and an Amended 2025 Prefunded Warrant, with revised Blockers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1385818/000143774926011116/0001437749-26-011116-index.htm

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