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VERU INC. logo
VERU$2.11-2.11%

Veru Inc.

Sector: Pharmaceutical PreparationsIndustry: BiotechnologyCountry: USExchange: Nasdaq

Mkt Cap$36.05M
Float & O/S
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DilutionScan read 9 of VERU INC.'s SEC filings and found 3 warrant series, 2 ATM programs, 1 equity line, 3 shelf registrations and 1 completed offering on file for VERU. The latest dilution event on file is ATM sales on Jul 2, 2026. Analysis updated Sep 8, 2026.

Signal8 Summary

VERU

Clinical-stage biotech with tight cash runway

Snapshot

Veru is a clinical-stage biopharma that reported $0 in revenue for fiscal 2025 (down from $16.9M the prior year) and a $22.7M net loss, burning roughly $30M in cash from operations.

What's Happening Right Now

  • : Fiscal Q3 net loss narrowed to $7.0M ($0.30/share) and cash rose to $23.9M, while the Phase 2b PLATEAU obesity trial finished enrolling 239 patients with interim results due Q1 2027.
  • : Veru received a USPTO Notice of Allowance for a patent covering enobosarm combined with semaglutide for weight loss, giving protection until at least October 2044 once issued.
  • : Veru announced full enrollment (about 200+ patients) in its Phase 2b PLATEAU study testing enobosarm plus semaglutide for weight loss in older adults, with final topline data expected Q4 2027.

Raise routes on file: active ATM + effective shelf · latest dilution event 124 days ago

Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need

AI dilution summary

The dominant contractual driver and its mechanism, then each further driver ranked.

Latest dilution event

Jul 2, 2026 · ATM Sale

How we read filings

Every warrant, convertible, ATM and shelf, cited to the filing

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Share count and cash history

Shares outstanding, potential dilution and cash over time

Warrants · 3

What is this?

Exercise price, shares and dates with Pro

Pre-funded warrants (October 2025 public offering)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Series A common stock warrants (October 2025 public offering)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

Series B common stock warrants (October 2025 public offering)

Issued 2025

Outstanding

Shares Underlying

Exercise Price

Outstanding
Type
Anti-Dilution
Cashless Exercise
Expiration
Filing link and full terms

ATM · 2

What is this?

Capacity, sold to date and agent with Pro

ATM program

Issued 2026

Active

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

ATM program

Terminated

Total capacity

Sold to date

Remaining capacity
Sales agent
Agreement date
Commission
Filing link and full terms

Equity line · 1

What is this?

Commitment, pricing and sold to date with Pro

Equity line

Issued 2023

Terminated

Commitment

Sold to date

Remaining
Agreement date
Term ends
Discount
Filing link and full terms

Shelf · 3

What is this?

Capacity, dates and baby-shelf status with Pro

S-3 shelf registration

Issued 2023

Expired

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2026

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

S-3 shelf registration

Issued 2026

Active

Total capacity

Remaining

Filed
Effective
Expires
Baby shelf
Filing link and full terms

Offerings · 1

What is this?

Proceeds, price, shares and agent with Pro

Public offering

Issued 2025

Gross proceeds

Price per share

Shares issued
Warrant coverage
Placement agent
Filing link and full terms

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Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.

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