8-K
filed February 13, 2024, 6:59 PM ET
ticker PALI
CIK 0001357459
leadership
confidence high
sentiment neutral
materiality 0.60
Palisade Bio reduces board from 8 to 4; four directors resign, Chairman changed
PALISADE BIO, INC.
- Directors James Neal, Stephanie Diaz, Cristina Csimma, Robert Trenschel resigned immediately; no disagreement cited.
- Board cut from 8 to 4 members; Donald Williams appointed Chairman.
- Recent warrant exercise generated $2.5 million gross proceeds.
- PALI-2108 Phase 1 study on track to start before end of 2024; IND/CTA submission planned by year end.
- Positive preclinical data presented at 2024 Crohn's & Colitis Congress; second milestone payment received from IBD Ventures.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Trenschel resigned as Director at PALISADE BIO, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
James Neal, Stephanie Diaz, Dr. Cristina Csimma, and Dr. Robert Trenschel (collectively, the “Resigning Directors”), informed the board of directors (“Board”) of Palisade Bio, Inc. (the “Company”) that each is resigning as a member of the Board effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James Neal resigned as Director at PALISADE BIO, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
James Neal, Stephanie Diaz, Dr. Cristina Csimma, and Dr. Robert Trenschel (collectively, the “Resigning Directors”), informed the board of directors (“Board”) of Palisade Bio, Inc. (the “Company”) that each is resigning as a member of the Board effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephanie Diaz resigned as Director at PALISADE BIO, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
James Neal, Stephanie Diaz, Dr. Cristina Csimma, and Dr. Robert Trenschel (collectively, the “Resigning Directors”), informed the board of directors (“Board”) of Palisade Bio, Inc. (the “Company”) that each is resigning as a member of the Board effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Cristina Csimma resigned as Director at PALISADE BIO, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
James Neal, Stephanie Diaz, Dr. Cristina Csimma, and Dr. Robert Trenschel (collectively, the “Resigning Directors”), informed the board of directors (“Board”) of Palisade Bio, Inc. (the “Company”) that each is resigning as a member of the Board effective immediately.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.