---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-014072"
form_type: "8-K"
ticker: "BFRI"
cik: "0001858685"
company_name: "Biofrontera Inc."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:43:43.972370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Biofrontera amends rights agreement: raises trigger for Biofrontera AG to 29.96%, extends expiration to June 2026

## Summary
- Amendment increases Acquiring Person trigger for Biofrontera AG from 20% to 29.96% per settlement agreement.
- Definition of 'Acting in Concert' revised to remove provisions implying concerted action without explicit agreement.
- Rights expiration extended to earlier of June 30, 2026 or day after 2025 annual meeting if no stockholder approval.
- All other persons remain subject to 20% trigger threshold; associates/affiliates of Biofrontera AG also at 20%.
- Amendment executed on April 26, 2023 between Biofrontera and Computershare as Rights Agent.

## SEC filing metadata
- accession: 0001493152-23-014072
- form_type: 8-K
- ticker: BFRI
- cik: 0001858685
- company_name: Biofrontera Inc.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858685/000149315223014072/0001493152-23-014072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858685/000149315223014072/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-014072
- JSON: https://secwatch.observer/filing/0001493152-23-014072.json
- Plain text: https://secwatch.observer/filing/0001493152-23-014072.txt

## Key facts
- Material Agreements
  Biofrontera Inc. amended Amendment No. 1 to the Stockholder Rights Agreement with Computershare Trust Company, N.A., as Rights Agent (effective 2023-04-26).
  - Action: amendment
  - Counterparty: Computershare Trust Company, N.A., as Rights Agent
  - Effective: 2023-04-26
  source text: On April 26, 2023, Biofrontera Inc., a Delaware corporation (the "Company") and Computershare Trust Company, N.A., as Rights Agent, executed Amendment No. 1 to the Stockholder Rights Agreement (the "Amendment"), effective as of April 26, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1858685/000149315223014072/0001493152-23-014072-index.htm

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