secwatch / observer
8-K filed March 13, 2026, 7:59 PM ET ticker CNTX CIK 0001842952
litigation confidence high sentiment neutral materiality 0.60

Context Therapeutics removes classified board and for-cause removal after court-approved settlement

Context Therapeutics Inc.

Machine-readable event card

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secwatch.filing_event.v1
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0001628280-26-017691
form_type
8-K
ticker
CNTX
cik
0001842952
company_name
Context Therapeutics Inc.
filed_at
2026-03-13T23:59:59+00:00
discovered_at
2026-05-14T18:02:36.502050+00:00
generated_at
2026-05-15T12:40:02.086123+00:00
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["5.03", "8.01", "9.01"]
event_type
litigation
sentiment
neutral
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0.6
calibrated_materiality_score
0.6
confidence
high
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https://secwatch.observer/filing/0001628280-26-017691.md
text_url
https://secwatch.observer/filing/0001628280-26-017691.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/1842952/000162828026017691/0001628280-26-017691-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1842952/000162828026017691/cntx-20260311.htm
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deepseek-v4-flash:cloud@v2
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Source-grounded claims

7ca284ede197b6d84b78373d4c3f51ac7af72956

Context Therapeutics Inc.: Delaware court invalidated charter provisions for staggered three-year board terms and for-cause removal; company filed a Certificate of Correction and directors will now serve until the 2026 annual meeting and may be removed with or without cause (effective 2026-03-11).

On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

SEC 8-K Item 5.03/5.05/5.06 confidence 0.95 SEC evidence

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This filing

On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

Comparable filing

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

Comparable filing

On May 7, 2026, KALA BIO, Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Certificate of Amendment ”) to the Company’s Restated Certificate of Incorporation (as amended, the “ Certificate of Incorporation ”) with the Secretary of State of Delaware to effect a 1-for-50 reverse stock split of the shares of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), either issued and outstanding or held by the Company as treasury stock, effective as of 4:05 p.m. (Delaware time) on May 8, 2026 (the “ Reverse Stock Split ”).

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

Comparable filing

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

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On March 11, 2026, the Court approved the Stipulated Judgment, pursuant to which (i) Article V, Section 2 of the Company’s Amended and Restated Certificate of Incorporation, as amended (the “Charter”), which provides that the Company’s directors shall serve for a term of three years, and (ii) Article VI, Section 1 of the Charter, which provides that the directors of the Company may be removed from office only for cause, were determined to be invalid and unenforceable.

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Filing page SEC filing

Source: SEC EDGAR
accession 0001628280-26-017691

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