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Ovid Therapeutics appoints Charles Carter as CFO, replacing Jeffrey Rona
CFO Jeffrey Rona departed July 6, 2026; no disagreement with company on accounting or financial reporting.
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Ovid Therapeutics stockholders elect Jeremy Levin as director, approve advisory say-on-pay and ratify KPMG as auditor
Jeremy M. Levin elected as director with 87,219,707 for, 8,528,008 withheld.
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Ovid Therapeutics appoints Dr. Anna Greka to Board of Directors
Board increased to seven directors, effective June 15, 2026, with appointment of Anna Greka, M.D., Ph.D. as Class III director.
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Ovid Q1 net loss $17M; raises $60M PIPE; dosed first OV4071 Phase 1; OV329 Phase 2 planned
Q1 2026 net loss of $17.0M ($0.12/share) vs $10.2M loss ($0.14) in Q1 2025.
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Ovid Therapeutics receives $53.9M from exercise of Series A warrants; issues 33.6M common shares
Series A warrants from Oct 2025 private placement expired on April 17, 2026; 38,481,325 underlying shares.
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Ovid Therapeutics raises $60M PIPE, reports positive OV329 data, expands indications, and clears OV4071 for Phase 1
$60M PIPE: 19.15M shares at $2.01 and pre-funded warrants for 10.7M shares; closing expected March 19, 2026.
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Ovid reports Phase 1 safety and PK for OV350; oral KCC2 activator OV4071 on track for Q1 2026 filing
OV350 IV showed good safety; no treatment-related SAEs or lab findings in 16 healthy participants.
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Ovid Therapeutics stockholders approve 3 proposals at special meeting including authorized share increase to 315M
Approved amendment to increase authorized common shares from 125M to 315M: 34.2M for, 1.5M against, 2.4M abstain.
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Ovid Therapeutics announces CEO succession, Q3 2025 loss, and pipeline progress
Meg Alexander appointed CEO effective Jan 1, 2026; Jeremy Levin to become Executive Chairman.
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Ovid reports positive Phase 1 OV329 results and raises $175M in PIPE financing
OV329 Phase 1: 53% inhibition increase on LICI biomarker (p=0.0001) at 5mg, exceeding vigabatrin (~35%); mild AEs only.
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Ovid Therapeutics regains compliance with Nasdaq minimum bid price rule
Received formal notice from Nasdaq on Sept 11, 2025, confirming compliance with Listing Rule 5550(a)(2).
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Ovid Therapeutics Q2 net loss $4.7M, cash $38.3M; receives Nasdaq extension to Feb 2026
Net loss of $4.7M ($0.06 EPS) vs net income of $8.5M ($0.12 EPS) in Q2 2024.
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Ovid Therapeutics shareholders approve reverse stock split authorization at annual meeting
Elected directors Kevin Fitzgerald and Bart Friedman to three-year terms with >35M votes for each.
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Ovid sells future ganaxolone royalties to Immedica for $7.0M cash
Immedica pays $7.0M to acquire 100% of Ovid's royalty rights on ganaxolone sales outside China.
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Ovid Therapeutics Q1 net loss $10.2M; OV329 data on track for Q3 2025
Cash and equivalents $43.0M at March 31, 2025; expected to fund operations into 2H 2026.
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Ovid Therapeutics sets 2025 Annual Meeting for July 9; shareholder proposal deadline May 12
Annual Meeting scheduled for July 9, 2025; record date for voting is May 19, 2025.
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Ovid Therapeutics Q4/FY2024 net loss $26.4M; cash into H2 2026; OV329 data Q3 2025
Net loss $26.4M ($0.37/diluted) for FY2024 vs $52.3M in 2023; royalty revenue $566K.
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Ovid Therapeutics appoints Stelios Papadopoulos to Board of Directors
Board expanded from five to six directors; Papadopoulos appointed Class I director, term through 2027 annual meeting.
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Ovid Therapeutics receives Nasdaq deficiency notice for bid price below $1.00
Received Nasdaq notice on Feb 10, 2025, that average closing bid price was below $1.00 for 31 consecutive trading days.
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Ovid Q3 net loss $14.0M ($0.20/share); cash $62.7M; pauses CCM Phase 2, advances OV329/OV350
Net loss of $14.0M ($0.20 per share) vs $11.3M in Q3 2023; royalty revenue $173K.
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Ovid Therapeutics appoints Meg Alexander as President and COO effective Sept 9
Annual base salary of $500,000; target bonus of 45% of base salary.
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Ovid Therapeutics cuts workforce 43%, suspends OV329 IV, reports Q2 net income of $8.5M on $77M cash
Reduced headcount by 17 employees (43%) to prioritize core programs; expects $3.4M cash restructuring costs through mid-2025.
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Ovid Therapeutics enters consulting agreement with departing General Counsel Thomas Perone
Thomas Perone departed as General Counsel, CCO and Corporate Secretary effective July 11, 2024, as part of a workforce reduction.
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Ovid/Graviton announce positive Phase 1 data for OV888/GV101 CCM therapy; Phase 2 expected H2 2024
Phase 1 met primary safety/tolerability objectives: no serious adverse events at any dose.
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Ovid Therapeutics cuts workforce by 43%, two executives depart
Workforce reduced by 17 employees (~43% of headcount); one-time severance charge of ~$4.0M; substantially complete by Q3 2024.
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Ovid reports Takeda's Ph3 soticlestat misses primary endpoints; pipeline and cash runway update
Takeda's Phase 3 SKYLINE in Dravet syndrome narrowly missed primary endpoint (p=0.06) but showed significant secondary endpoints (p≤0.008).
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Ovid Therapeutics stockholders elect directors, approve executive compensation, ratify KPMG
Proposal 1: Barbara Duncan and Robert Michael Poole elected to board; For votes 36.7M and 40.2M respectively.
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Ovid Therapeutics reports Q1 2024 net loss of $11.7M; cash $90.3M; Takeda Phase 3 soticlestat data expected by Sep 2024
Net loss $11.7M ($0.17/share) vs $13.4M ($0.19) in Q1 2023; revenue $148K.
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Ovid Therapeutics reports Q4 2023 financial results and pipeline updates; soticlestat Phase 3 enrollment complete
Soticlestat Phase 3 trials for Lennox-Gastaut and Dravet syndromes completed enrollment; Takeda expects topline data by September 2024.
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Ovid Therapeutics CEO gifts 1.15M shares to family trusts for estate planning
CEO Jeremy Levin gifted 1,146,500 shares of Ovid common stock to family trusts for his two daughters.
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Ovid Therapeutics Q3 net loss $11.3M; secures $30M from Ligand for soticlestat royalty interest
Received $30M from Ligand for 13% interest in soticlestat future royalties/milestones; cash runway extended into 2026.
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Ovid sells 13% of soticlestat royalties & milestones to Ligand for $30M; cash runway into 2026
Ligand pays Ovid $30M (non-dilutive) for 13% of soticlestat regulatory/commercial milestones and tiered royalties (low double-digits to 20%).
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Ovid Therapeutics posts R&D Day corporate presentation; no financial or clinical updates
Presentation posted Oct 2, 2023, on Ovid investor relations website.
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Ovid Therapeutics Q2 net loss $12.4M; OV329 SAD complete; Graviton ROCK2 collaboration
Cash and securities $96.5M as of June 30, 2023; net loss $0.18 per share vs $0.21 year ago.
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Ovid Therapeutics shareholders elect directors, approve say-on-pay, ratify auditor
Karen Bernstein re-elected with 39.7M for, 5.1M withheld; Jeremy Levin re-elected with 44.5M for, 0.4M withheld (16.5M broker non-votes).
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Ovid Q1 net loss $13.4M; cash $117.7M; adds ROCK2 program via Graviton
Net loss $13.4M ($0.19 loss per share) vs $16.1M ($0.23) in Q1 2022; operating expenses $15.0M.
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Ovid Therapeutics enters ROCK2 inhibitor collaboration with Graviton; invests $10M for exclusive CNS rights
Ovid pays $10M upfront in Graviton Series A preferred stock for exclusive license to GV101 and other ROCK2 inhibitors.
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Soticlestat long-term OLE data shows sustained seizure reduction in Dravet and LGS
ENDYMION 1 interim analysis: soticlestat generally safe and well tolerated over ~2 years; 78% tolerated 300 mg BID.
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Ovid Therapeutics reports FY2022 net loss $54.2M; cash $129M; pipeline advancing
Net loss for FY2022 $54.2M ($0.77 per share) vs net income $122.8M ($1.78) in 2021, driven by prior Takeda milestone.
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Ovid Therapeutics confirms no exposure to Silicon Valley Bank
Company holds no deposits or securities at Silicon Valley Bank.
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Ovid Therapeutics Q3 2022 net loss $12.0M; $137.9M cash; OV329 Phase 1 to start Q4
Net loss of $12.0M ($0.17 per share) vs $11.4M loss in Q3 2021; R&D expense $5.2M.
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Ovid Therapeutics Q2 2022 net loss $14.6M; cash $152.4M; OV329 IND on track for H2 2022
Net loss $14.6M ($0.21 per share) vs $15.8M loss ($0.23) in Q2 2021.
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Ovid Therapeutics annual meeting elects two directors, ratifies KPMG
Annual meeting held June 9, 2022; 58.53% quorum (41,220,715 of 70,417,345 shares).
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Takeda notifies Ovid of soticlestat Phase 3 delays; primary completion March 2024
Takeda notified Ovid that two pivotal Phase 3 soticlestat trials (Dravet & Lennox-Gastaut) are likely delayed due to Ukraine/Russia and China COVID lockdowns.
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Ovid reports Q1 net loss $16.1M, revenue $1.4M; OV329 IND on track for Q4 2022
Net loss $16.1M ($0.23/sh) vs net income $176M in Q1 2021 on one-time Takeda payment.
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Ovid Therapeutics reduces workforce 20%, extends cash runway beyond 2024; OV329 on track for 2022 clinical entry
Workforce reduced by ~20% to extend cash runway beyond 2024 as part of organizational restructuring.
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Ovid licenses KCC2 activator library from AstraZeneca; $5M cash + $7.5M stock upfront
Exclusive worldwide license for early-stage small molecules targeting KCC2, including lead OV350.
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Ovid Therapeutics reports Q3 2021 net loss of $11.4M, cash $201.8M, and business development strategy
Cash and equivalents $201.8M as of Sept 30, 2021; net loss $11.4M ($0.17 per share) vs $16.4M ($0.28) in Q3 2020.
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Ovid Therapeutics appoints Dr. Kevin Fitzgerald as director, grants stock options
Appointed Dr. Kevin Fitzgerald, Ph.D. to Board as Class II director effective Oct 6, 2021.
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Ovid posts August 2021 corporate overview; no specific financial or operational updates provided in filing
Company posted corporate presentation to website but full content not included in filing text.