Recent 8-K filings for ACXP
Highest-materiality recent filing
Acurx Pharma receives Nasdaq notice for non-compliance with equity requirement
- Notice based on 10-K for FY 2024; stockholders' equity fell below $2.5M minimum.
- Company has 45 days (until May 9, 2025) to submit a Compliance Plan to Nasdaq.
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Acurx raises ~$2.5M in registered direct offering plus up to $4.6M from warrants
Priced 825,085 shares (or pre-funded warrants) at $3.03/share for ~$2.5M gross proceeds.
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Acurx launches ibezapolstat pilot trial in recurrent CDI; Phase 2 showed 96% cure, no recurrence
CEO, Executive Chairman, CFO take 10% base salary cut; director cash retainers also reduced 10%, effective April 1, 2026.
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Acurx increases authorized common stock from 200 million to 250 million shares
Stockholders approved amendment at special meeting on September 16, 2025.
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Acurx shareholders approve warrant exercise and authorized share increase at special meeting
Proposal 1 (warrant exercise for Nasdaq compliance): 8,816,581 for, 602,155 against, 9,823,429 broker non-votes.
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Reverse split ratio 1-for-20; effective 4:01 p.m. ET on August 4, 2025.
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All six proposals passed at July 17 meeting; 74.38% of shares represented.
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Acurx Pharma raises $2.67M via warrant exercise; issues new warrants for ~8.89M shares
Entered warrant inducement agreement; holder exercised ~4.45M existing warrants at reduced $0.60/share, gross proceeds $2.67M.
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Acurx Q1 net loss narrows to $2.1M ($0.11/sh); cash $4.6M; EMA guidance for ibezapolstat Phase 3
Net loss $2.1M ($0.11 diluted EPS) vs $4.4M ($0.28) Q1 2024; R&D fell to $0.6M, G&A to $1.6M.
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Acurx Pharmaceuticals secures up to $12M equity line from Lincoln Park Capital
Lincoln Park committed to purchase up to $12M in common stock over 24 months.
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Acurx Pharma receives Nasdaq notice for non-compliance with equity requirement
Notice based on 10-K for FY 2024; stockholders' equity fell below $2.5M minimum.
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Acurx Pharma reports FY 2024 net loss $14.1M; cash $3.7M; EMA guidance for Phase 3
Net loss Q4 2024 $2.8M ($0.16/diluted share) vs $5.1M ($0.37) in Q4 2023; FY 2024 net loss $14.1M ($0.87) vs $14.6M ($1.15).
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Acurx Pharmaceuticals raises $1.1M in registered direct offering and private warrants
Aggregate gross proceeds of ~$1.1M from 2.15M common shares and 595K pre-funded warrants at $0.40/share.
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Acurx Pharmaceuticals receives Nasdaq minimum bid price deficiency notice; 180-day cure period
Stock closed below $1.00 for 31 consecutive business days, triggering Nasdaq Listing Rule 5550(a)(2) deficiency.
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Acurx Pharmaceuticals prices $2.5M registered direct offering of 2.46M shares at $1.015
Gross proceeds ~$2.5M from 2,463,058 shares at $1.015/share in registered direct offering.
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Acurx Pharma Q3 net loss $2.8M; cash $5.8M; advancing ibezapolstat Phase 3
Net loss $2.8M ($0.17/diluted share) vs $3.1M ($0.24) in Q3 2023; nine-month net loss $11.3M.
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Acurx Q2 net loss $4.1M, cash $6.4M; FDA confirms Phase 3 readiness for ibezapolstat
Net loss of $4.1M ($0.26/diluted share) for Q2 2024 vs. $3.4M ($0.28) in Q2 2023.
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Quorum of 67.29% of outstanding shares (10,648,350 of 15,823,102) was present at June 17, 2024 Annual Meeting.
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Acurx Pharma Q1 net loss $4.4M; Phase 2b data positive, FDA agrees on Phase 3 plan
Net loss of $4.4M ($0.28/diluted share) vs $2.9M loss in Q1 2023; R&D expenses $1.6M, G&A $2.8M.
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Acurx reports Q4 net loss $5.1M; ibezapolstat Phase 2b shows 96% cure rate
Q4 net loss $5.1M ($0.37/shr); full year net loss $14.6M ($1.15/shr).
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Acurx Pharmaceuticals enters $17M ATM equity offering with A.G.P.
Up to $17M of common stock may be sold from time to time in at-the-market offerings.
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Acurx reports Q3 net loss of $3.1M; ibezapolstat Phase 2 shows 96% cure rate, advancing to Phase 3
Net loss $3.1M ($0.24/diluted share) vs $3.5M ($0.32) in Q3 2022; cash $7.1M at Sept 30, 2023.
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Acurx reports 96% clinical cure rate in Phase 2 trial of ibezapolstat for C. difficile infection
96% clinical cure rate (25/26 patients) in combined Phase 2a and 2b trials of ibezapolstat.
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Phase 2b discontinued after blinded data showed high clinical cure rates for ibezapolstat and vancomycin, with no emerging safety concerns.
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Acurx Pharma Q2 net loss widens to $3.4M; Phase 2b enrollment ongoing
Net loss Q2 2023: $3.4M ($0.28/sh) vs $2.6M ($0.26/sh) in Q2 2022.
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Stockholders elected David P. Luci and Jack H. Dean as Class II directors with 5,749,190 and 5,575,112 votes for, respectively.
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Acurx Pharma prices $4M registered direct offering of common stock and warrants
Gross proceeds of ~$4M from sale of 1,333,333 shares (or pre-funded warrants) at $3.00 per share.
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Acurx reports Q4/FY2022 net loss; Phase 2b CDI trial interim IDMC review at 36 patients
Cash $9.1M at Dec 31, 2022 vs $13.0M a year earlier.
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Acurx reports Q3 net loss of $3.5M; cash $10.6M; Phase 2b enrollment continues
Net loss of $3.5M ($0.32 per diluted share) for Q3 2022, vs $4.6M ($0.46) in Q3 2021.
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Acurx reports Q2 2022 net loss of $2.6M; Phase 2b trial enrollment continues with site expansion
Net loss $2.6M ($0.26/diluted) for Q2 2022 vs $4.0M ($0.57) a year ago.
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Acurx Pharmaceuticals raises $4.225M in registered direct offering; reports $9.1M cash
Gross proceeds of ~$4.225M from sale of 1,289,980 shares/pre-funded warrants at $3.25 (institutional) and $3.80 (executives).
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Acurx shareholders elect directors and ratify auditor at 2022 annual meeting
Carl V. Sailer elected with 3,743,543 votes for, 289,750 withheld; broker non-votes 1,656,180.
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Acurx Pharma Q1 net loss $2.7M ($0.26/shr); Phase 2b CDI trial progressing
Cash $11.1M at March 31, 2022, down from $13.0M at Dec 31, 2021.
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Acurx reports Q4/FY2021 results; Phase 2b enrollment ongoing for ibezapolstat
R&D expense FY2021: $2.0M (vs $2.2M in 2020); Q4 2021: $0.7M (vs $0.5M).
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Acurx Pharma Q3 net loss $4.6M; Phase 2b enrollment underway
Net loss of $4.6M ($0.46/diluted share) for Q3 2021 vs. $1.3M ($0.21) in Q3 2020.
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Acurx Q2 2021 net loss $4.0M ($0.57/diluted share); IPO raised $17.25M gross
Net loss of $4.0M for Q2 2021 vs $0.9M loss in Q2 2020; R&D expenses down to $0.1M from $0.4M.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.60 · Most common event other_material