---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-009624"
form_type: "8-K"
ticker: "FBIO"
cik: "0001429260"
company_name: "Fortress Biotech, Inc."
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:30:16.500443+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fortress Biotech issues 2.03M shares of common stock to settle Urica Preferred Stock obligations

## Summary
- Issued 2,028,345 shares of common stock to former holders of Urica Preferred Stock.
- Satisfied cumulative dividends and mandatory tender under Dividend Agreement dated Dec 27, 2022.
- Fortress elected shares instead of cash; paid $20,747.62 for fractional shares and unpaid dividends.
- Shares issued under Section 4(a)(2) exemption; resale registered effective June 27, 2024.

## SEC filing metadata
- accession: 0001558370-24-009624
- form_type: 8-K
- ticker: FBIO
- cik: 0001429260
- company_name: Fortress Biotech, Inc.
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1429260/000155837024009624/0001558370-24-009624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1429260/000155837024009624/fbio-20240627x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-009624
- JSON: https://secwatch.observer/filing/0001558370-24-009624.json
- Plain text: https://secwatch.observer/filing/0001558370-24-009624.txt

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