{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-025172","form_type":"8-K","ticker":"EVFM","cik":"0001618835","company_name":"Evofem Biosciences, Inc.","filed_at":"2025-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.940851+00:00","generated_at":"2026-05-16T16:29:59.802780+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Evofem stockholders approve reverse stock split (1:500–1,500) and elect four directors","bullets":["Stockholders approved reverse stock split of Common Stock at ratio between 1:500 and 1:1,500, with Board discretion to implement by Nov 2026.","Four directors elected to Class I/II: Kamdar, Rutherford, Rarick, O'Brien; each received over 167M votes for.","Say-on-pay and 2025 Equity Incentive Plan both approved; BPM LLP ratified as auditor.","Series E-1 and G-1 preferred stockholders unanimously voted for reverse split."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-025172","json":"https://secwatch.observer/filing/0001493152-25-025172.json","markdown":"https://secwatch.observer/filing/0001493152-25-025172.md","text":"https://secwatch.observer/filing/0001493152-25-025172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618835/000149315225025172/0001493152-25-025172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618835/000149315225025172/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:29:59.802780+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cda4d7009cda1c852220f9003c6271cebbacb763","claim":"Evofem Biosciences, Inc.: Stockholders approved a resolution to amend the Certificate of Incorporation to effect a one-time reverse stock split of Common Stock at a ratio between 1-for-500 and 1-for-1,500, at any time before November 26, 2026 (effective 2026-11-26).","evidence_excerpt":"At the Annual Meeting, the Company’s stockholders approved a resolution as previously approved by the Company’s Board of Directors (“Board”) to amend the Company’s existing Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) to effect a one-time reverse stock split of the Company’s Common Stock, to effectuate a reverse stock split of the outstanding shares of the Company’s Common Stock by a ratio of not less than 1-for-500 and not more than 1-for-1,500 at any time before November 26, 2026.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618835/000149315225025172/0001493152-25-025172-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-11-26"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}