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    Dermata Therapeutics Inc. filed SEC Form 8-K: Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

    4/15/25 8:30:36 AM ET
    $DRMA
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $DRMA alert in real time by email
    drma_8k.htm
    0001853816false00018538162025-04-152025-04-150001853816drma:CommonStockParValueMember2025-04-152025-04-150001853816drma:WarrantsExercisableMember2025-04-152025-04-15iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of

    The Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): April 15, 2025

     

    DERMATA THERAPEUTICS, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware

     

    001-40739

     

    86-3218736

    (State or other jurisdiction

     

    (Commission

     

    (IRS Employer

    of incorporation)

     

    File Number)

     

    Identification No.)

     

    3525 Del Mar Heights Rd., #322, San Diego, CA

     

    92130

    (Address of principal executive offices)

     

    (Zip Code)

     

    Registrant’s telephone number, including area code: (858) 800-2543

     

    N/A

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of Each Class

     

    Trading Symbol

     

    Name of Each Exchange on Which Registered

    Common Stock, par value $0.0001 per share

     

    DRMA

     

    The Nasdaq Capital Market

    Warrants, exercisable for one share of Common Stock

     

    DRMAW

     

    The Nasdaq Capital Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1 933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

     

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

     

     

     

     

    Item 7.01. Regulation FD Disclosure.

     

    On April 15, 2025, Dermata Therapeutics, Inc. (the “Company”) issued a press release announcing additional topline results from the Company’s first pivotal Phase 3 Spongilla Treatment for Acne Research (STAR-1) trial of XYNGARI™, a novel, once-weekly, topical product candidate for the treatment of moderate-to-severe acne. A copy of the press release is attached hereto as Exhibit 99.1.

     

    The information in this Current Report on Form 8-K under Item 7.01, including the information contained in Exhibit 99.1, is being furnished to the Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.

     

    Item 8.01. Other Events.

     

    On April 15, 2025, the Company announced additional topline results from the Company’s first pivotal Phase 3 Spongilla Treatment for Acne Research (STAR-1) trial of XYNGARI™, a novel, once-weekly, topical product candidate for the treatment of moderate-to-severe acne. The Company announced that additional analysis of topline data from its Phase 3 STAR-1 trial showed that XYNGARI™ had a statistically significant difference from placebo on three efficacy endpoints as early as week 4, which occurred after just four treatments with XYNGARI™.

     

    XYNGARI™ Phase 3 STAR-1 Topline 4 Week Efficacy Results

     

    In an intent to treat analysis, the Company saw statistically significant differences in IGA treatment success, inflammatory lesion count, and non-inflammatory lesion count at week 4 (earliest measured timepoint) when compared to placebo.

     

    Investigator Global Assessment (IGA): Patients achieving a 2-point reduction AND score of 0 or 1 (“clear” or “almost clear”)

     

     

    Week 4

    XYNGARI™ (n=342)

    11.9%

    Placebo (n=178)

    6.2%

    p-value

    p < 0.05

     

    Mean change from baseline in inflammatory lesion count

     

     

    Week 4

    XYNGARI™ (n=342)

    -11.4

    Placebo (n=178)

    -8.6

    p-value

    p < 0.001

     

    Mean change from baseline in non-inflammatory lesion count

     

     

    Week 4

    XYNGARI™ (n=342)

    -12.4

    Placebo (n=178)

    -8.8

    p-value

    p < 0.001

     

     
    2

     

     

    Item 9.01. Financial Statements and Exhibits.

     

    (d) Exhibits

     

    Exhibit No.

     

    Description

    99.1

     

    Press release dated April 15, 2025

     

     

     

    104

     

    Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

     
    3

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

    DERMATA THERAPEUTICS, INC.

     

     

     

     

     

    Dated: April 15, 2025

    By:

    /s/ Gerald T. Proehl

     

     

    Name:

     Gerald T. Proehl

     

     

    Title:

    Chief Executive Officer

     

     

     
    4

     

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