{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-009677","form_type":"8-K","ticker":"FBIO","cik":"0001429260","company_name":"Fortress Biotech, Inc.","filed_at":"2024-07-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.031107+00:00","generated_at":"2026-05-31T23:19:33.627557+00:00","sec_items":["8.01","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fortress Biotech pauses monthly dividend on Series A Preferred Stock","bullets":["Dividend of $0.1953125/share on 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock paused effective July 1, 2024; no payment on July 31, 2024.","Pause defers approximately $0.7 million in cash dividend payments per month; dividends continue to accrue and cumulate.","Board will reassess regularly based on profitability and cash flow; cited upcoming potential regulatory approvals (DFD-29, cosibelimab, CUTX-101, and CAEL-101) as inflection points.","CEO Lindsay Rosenwald noted the pause aims to maintain financial flexibility ahead of up to four potential NDA/BLA submissions or approvals in the next 12-18 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-009677","json":"https://secwatch.observer/filing/0001558370-24-009677.json","markdown":"https://secwatch.observer/filing/0001558370-24-009677.md","text":"https://secwatch.observer/filing/0001558370-24-009677.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1429260/000155837024009677/0001558370-24-009677-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1429260/000155837024009677/fbio-20240705x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:19:33.627557+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}