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Apimeds Pharmaceuticals appoints Sungjoon Chae as Co-CEO
Sungjoon Chae appointed Co-CEO effective May 4, 2026, pursuant to a stockholder nomination.
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Apimeds settles merger dispute; Lokahi provides $4M working capital; board to transition
Settlement resolves all disputes from Dec 2025 Merger Agreement; Lokahi retains Apitox program assets valued at ~$2.2M.
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Apimeds gets NYSE American delisting notice for late 10-K; trading halt continues
Received NYSE American notice on April 17, 2026 for failure to file 2025 10-K on time.
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Apimeds expects NYSE notice for late 10-K filing; targets April 30
Filed Form 12b-25 on March 31, 2026 for FY 2025 10-K; will not file within 15-day extension.
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Apimeds: Majority stockholder consent to remove directors/officers is null and void
Inscobee Inc. and Apimeds, Inc. attempted written consent to remove directors Kogan, Koo, O’Donnell, Weintraub and officers Menon (CEO) and Frim (CFO).
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Apimeds faces hostile takeover attempt by Inscobee; company says consent void, files emergency action
On March 20, 2026, Inscobee and Apimeds Korea claimed to remove all four directors and CEO/CFO via written consent.
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Apimeds US board and CEO ousted; new board approves expansion into Korean cosmetics and photo booth
Majority stockholders removed directors Elona Kogan, Jakap Koo, Carol O’Donnell, Dr. Bennett Weintraub via written consent.
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Apimeds Pharmaceuticals to effect 1-for-10 reverse stock split on March 26, 2026
Stockholders approved 1-for-10 reverse stock split via written consent in December 2025.
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MindWave posts six-month net loss $6.6M on zero revenue; digital assets $132.3M
Net loss $6.6M for six months ended Sep 30, 2025 vs net income $57.8M in prior year period.
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Apimeds Pharmaceuticals removes director Erik Emerson via stockholder vote
Erik Emerson removed from board of directors effective December 30, 2025.
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Apimeds corrects Merger Agreement errors: Preferred Stock issuance rises to 90.9% of equity
Corrected Merger Agreement removes Sections 2.05(b)/(d) (director appointment).
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Two directors resign from Apimeds Pharmaceuticals board effective December 5, 2025
Dr. Vin Menon and Amir A. Dossal resigned from the Board of Directors on December 5, 2025.
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Apimeds Pharmaceuticals US completes merger with MindWave Innovations, issues 90.9% equity to MindWave holders
On Dec 1, 2025, Apimeds (APUS) merged with MindWave Innovations, with MindWave surviving as wholly owned subsidiary.
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Apimeds boosts CEO salary to $500K and adds 24-month severance with equity vesting
CEO Erik Emerson's annual base salary increased to $500,000, effective Nov 13, 2025.
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Apimeds Pharmaceuticals amends bylaws to allow shareholder action by written consent
Board adopted First Amendment to Bylaws on October 15, 2025, effective immediately.
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Apimeds appoints Dr. Susan Kramer SVP Development, Brian Peters to lead ai² division
Dr. Susan Kramer appointed SVP of Development; 30+ years experience including 18 at Genentech.
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Apimeds Pharmaceuticals appoints Erick J. Frim as CFO, replacing Mark Corrao
Erick J. Frim, 67, appointed CFO effective May 30, 2025, succeeding Mark Corrao.
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Apimeds extends maturity of three promissory notes to May 19, 2026
Amended notes from Inscobee ($100k and $150k) and Apimeds Korea ($250k), total $500k principal.
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Apimeds Pharmaceuticals US completes $13.5M IPO; starts trading on NYSE American
IPO of 3,375,000 shares at $4.00/share; gross proceeds $13.5M.
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Apimeds amends bylaws: reduces quorum, eliminates written consent, raises bar for director removal
Quorum reduced from majority to 33 1/3% of outstanding shares.