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    Fortress Biotech Inc. filed SEC Form 8-K: Leadership Update

    4/16/25 4:15:24 PM ET
    $FBIO
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $FBIO alert in real time by email
    Fortress Biotech, Inc._April 15, 2025
    0001429260false0001429260us-gaap:CommonStockMember2025-04-152025-04-150001429260fbio:SeriesCumulativeRedeemablePerpetualPreferredStockMember2025-04-152025-04-1500014292602025-04-152025-04-15

    ​

    ​

    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

    Fortress Biotech, Inc.

    (Exact Name of Registrant as Specified in Charter)

    ​

    Delaware
     (State or Other Jurisdiction
    of Incorporation)

       

    001-35366
     (Commission File Number)

        

    20-5157386
    (IRS Employer
    Identification No.)

    ​

    1111 Kane Concourse, Suite 301

    Bay Harbor Islands, FL 33154

    (Address of Principal Executive Offices)

    (781) 652-4500

    (Registrant’s telephone number, including area code)

    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:

    ☐Written communications pursuant to Rule 425 under the Securities Act.

    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act.

    ☐Pre-commencement communications pursuant to Rule 14d-2b under the Exchange Act.

    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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

    ​

    Title of each class

    Trading Symbol(s)

    Name of each exchange on which registered

    Common Stock

    FBIO

    Nasdaq Capital Market

    9.375% Series A Cumulative Redeemable Perpetual Preferred Stock

    FBIOP

    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 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    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 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    ​

    On April 15, 2025, Lucy Lu, M.D., notified Fortress Biotech, Inc. (the “Company”) of her resignation from the Board of Directors effective April 15, 2025. Dr. Lu’s decision to resign from the Board of Directors was made in connection with her accepting an offer to join the Company as Chief Strategy Officer effective April 21, 2025. Dr. Lu’s decision to resign from the Board of Directors was not a result of any disagreement with the Company on any matter, including relating to the Company’s operations, policies or practices.

    ​

    ​

    ​

    ​

    ​

    ​

    ​

    ​

    ​

    ​

    ​

    SIGNATURES

    ​

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

    ​

    Fortress Biotech, Inc.

    ​

    (Registrant)

    ​

    ​

    Date: April 16, 2025

    ​

    ​

    ​

     

    By:

    /s/ David Jin

     

     

    David Jin

     

     

    Chief Financial Officer

    ​

    ​

    ​

    ​

    ​

    ​

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