Nelson Cabatuan
replacing Lexaria’s former CFO, Nelson Cabatuan who resigned effective July 15, 2024
Highest-materiality recent filing
Lexaria Bioscience receives Nasdaq bid price deficiency notice; 180 days to cure
Received Nasdaq deficiency notice on Feb 4, 2026 for failing to meet $1.00 min bid price (Rule 5550(a)(2)).
Lexaria closes $4M registered direct offering of 2.67M shares at $1.50 with warrants at $1.37
Closed on Sept 29, 2025: gross proceeds of $4.0M from 2,666,667 shares at $1.50 and warrants.
Lexaria Bioscience signs ~AUD$5.1M clinical study agreement with Novotech for GLP-1-H24-4 trial
Effective Dec 2, 2024: Novotech as CRO for DehydraTECH Cannabidiol + GLP-1 agonists in pre- and Type II Diabetes.
Lexaria Bioscience appoints Michael Shankman as CFO, effective Oct 1, 2024
Michael Shankman, CPA, replaces resigned CFO Nelson Cabatuan; CEO Richard Christopher had been interim principal financial officer.
Lexaria appoints Richard Christopher as CEO; Bunka transitions to Chairman
Richard Christopher, 54, appointed CEO effective Aug 31, 2024; he also serves as interim CFO until new CFO is hired.
CFO Nelson Cabatuan resigned effective July 15; becomes Chief Strategic Financial Advisor; 150k unvested options expire, vested 50k options reduced to July 2026.
Lexaria exercises warrants for ~$4.4M, issues new warrants with $4.75 strike
Existing investor exercises 2,917,032 warrants for ~$4.4M; gross proceeds ~$4.7M including new warrant consideration.
Lexaria Bioscience appoints Nelson Cabatuan as CFO effective March 14, 2024
Nelson Cabatuan, age 46, replaces temporary outsourced CFO services from NOW CFO.
Lexaria Bioscience receives FDA clearance for Phase 1b hypertension trial HYPER-H23-1
FDA issued 'Study May Proceed' letter on Feb 29, 2024, for Lexaria's Investigational New Drug application.
Lexaria raises $3.6M in registered direct offering and private placement
Gross proceeds of ~$3.6M from issuance of 1,558,443 shares at $2.31/share and pre-funded warrants at $2.3099.
Lexaria files IND with FDA for phase 1b hypertension trial of DehydraTECH-CBD
Submitted IND to FDA on Jan 29, 2024, for phase 1b trial HYPER-H23-1 in stage 1 or 2 hypertension.
Stock recovered above $1, avoiding reverse split; October capital raise on less punitive terms.
replacing Lexaria’s former CFO, Nelson Cabatuan who resigned effective July 15, 2024
Richard Christopher, the Company’s Chief Executive Officer who assumed the responsibilities as the Company’s principal financial officer on an interim basis, relinquished those responsibilities to Mr. Shankman.
Effective October 1, 2024, Michael Shankman, age 64, has been appointed to the position of Chief Financial Officer of Lexaria Bioscience Corp.
appointed Richard Christopher, age 54, to the position of Chief Executive Officer
replacing Christopher Bunka who will remain as the Company’s Chairman of the Board and as a strategic advisor
Effective on July 15, 2024, Mr. Nelson Cabatuan resigned from his position as the Company’s Chief Financial Officer in order to focus his attention on corporate finance and strategic industry relationships for Lexaria as its Chief Strategic Financial Advisor.
Effective March 14, 2024, Nelson Cabatuan, age 46, has been appointed to the position of Chief Financial Officer of Lexaria Bioscience Corp.
Max materiality 0.75 · Median 0.55 · Most common event other_material