
Company Updates ·
Enveric reports second quarter 2026 net loss of $3.0 million
The company reported cash-on-hand of $8.3 million as of June 30, 2026, and an update on its lead candidate EB-003 ahead of an IND submission.
ENVB Enveric Biosciences, Inc.

Company Updates ·
The company reported cash-on-hand of $8.3 million as of June 30, 2026, and an update on its lead candidate EB-003 ahead of an IND submission.
The prospectus supplement adds $2,425,000 of common stock to an at-the-market agreement with H.C. Wainwright & Co., LLC, following $4,483,711.04 already sold under it.
The 8-K reports the May 28, 2026 annual meeting vote counts, including a reverse split ratio of 1-for-5 to 1-for-15 set at the Board's discretion.
The company reported cash-on-hand of $4.9 million at March 31, 2026, and a cash balance of approximately $10.3 million as of May 15, 2026.
A proxy supplement corrects a typographical error that showed a 1-for-50 maximum on the proxy card and notice before the May 28, 2026 annual meeting.
The company agreed to sell 2,222,223 shares at $2.25 per share with warrants, for about $5 million upfront, with H.C. Wainwright & Co. as placement agent.
Nasdaq said Enveric's stock closed below $1.00 for 30 consecutive trading days and the company has no compliance period. It plans to request a hearing and will split its shares 1-for-12 on October 28, 2025.
Nasdaq says Enveric does not meet the $2,500,000 minimum stockholders' equity requirement. The company reported stockholders' equity of $2,184,769 in its latest 10-Q and has until October 10, 2025 to file a compliance plan.
Nasdaq's deficiency letter came after the company reported stockholders' equity of $2,184,769 at June 30, 2025, below the $2,500,000 minimum for the Nasdaq Capital Market. Enveric has until October 10, 2025 to submit a plan to regain compliance.
H.C. Wainwright & Co. is the exclusive placement agent for a $3.00 offering of shares and warrants. The auditor's report on the 2023 financial statements already raised substantial doubt about the company's ability to continue as a going concern.
Enveric Biosciences, Inc. is a biotechnology company developing small-molecule neuroplastogenic therapeutics for psychiatric and neurological disorders. Its lead candidate, EB-003, is a novel derivative of N,N-Dimethyltryptamine (DMT) designed to selectively engage both 5-HT 2A and 5-HT 1B receptors, with the potential to deliver fast-acting, durable antidepressant and anxiolytic effects without hallucinogenic effects. EB-003 is in preclinical studies and has completed short-term dose-range finding toxicology studies. The company plans IND-enabling studies before first-in-human trials for depression or other neuropsychiatric disorders. Its lead program is the EVM301 Series. A second series, EVM401, was unveiled on February 25, 2025 to pursue additional non-hallucinogenic molecules for addiction and neuropsychiatric disorders. The Psybrary library of phenylalkylamine and indolethylamine compounds is covered by 20 patent families. Enveric licensed its EVM201 portfolio to MycoMedica Life Sciences, PBC on November 7, 2024, and the text says no term sheets for Psybrary molecules are pending.
| Product or program | What it is | Stage |
|---|---|---|
| EB-003 | Non-hallucinogenic DMT derivative for mental health indications | Preclinical |
| EVM401 Series | Additional non-hallucinogenic molecules for addiction and neuropsychiatric disorders | |
| Psybrary library | Phenylalkylamine and indolethylamine compound library for neuroplastogens |
| Line | FY2025 | FY2024 |
|---|---|---|
| Research and development | $2.8 million | $2.8 million |
| Net income (loss) | -$8.8 million | -$9.6 million |
| Cash from operations | -$8.1 million | -$7.7 million |
Our latest story on this, dated May 29, 2026: "Enveric stockholders vote on reverse split range and larger authorized share count". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Oct 23, 2025: "Enveric Biosciences gets Nasdaq delisting notice, sets 1-for-12 reverse split". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Feb 3, 2025: "Enveric Biosciences prices $5 million public offering at $3.00 per share". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Jun 9, 2026: "Enveric files $2,425,000 at-the-market offering supplement with H.C. Wainwright". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Aug 29, 2025: "Enveric Biosciences gets Nasdaq stockholders' equity deficiency notice, plan due October 10, 2025". The story links the filing or release it is based on. Read the story.
Enveric Biosciences, Inc. trades under the ticker ENVB on NASDAQ.
Enveric Biosciences, Inc. is listed on NASDAQ.
The SEC Central Index Key (CIK) for Enveric Biosciences, Inc. is 890821. Its filings are on SEC EDGAR.
4,475,884 shares as of 2026-08-12, per the cover page of its 10-Q filed 2026-08-14.
Our directory records Enveric Biosciences, Inc. under United States.
Our directory classifies Enveric Biosciences, Inc. as: Biopharma / pharmaceutical profile checked. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Enveric Biosciences, Inc. is US29405E5050.
aibio.space lists Enveric Biosciences, Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
Enveric Biosciences, Inc. is a biotechnology company developing small-molecule neuroplastogenic therapeutics for psychiatric and neurological disorders. Its lead candidate, EB-003, is a novel derivative of N,N-Dimethyltryptamine (DMT) designed to selectively engage both 5-HT 2A and 5-HT 1B receptors, with the potential to deliver fast-acting, durable antidepressant and anxiolytic effects without hallucinogenic effects.
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.02,5.07,9.01). Source
Reported a reverse stock split. SEC Form 8-K (Items 8.01,9.01). Source
Reported a financing. SEC Form 8-K (Items 1.01,3.02,8.01,9.01). Source
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-K. Source
Filed a registration statement for a share offering. SEC Form S-1. Source
Reported a financing. SEC Form 424B5. Source
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.07,9.01). Source
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01,3.03,5.03,8.01,9.01). Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). Source
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.07,9.01). Source
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Reported a change of independent auditor. SEC Form 8-K (Items 4.01,9.01). Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-K. Source
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Reported a financing. SEC Form 424B4. Source
Reported a reverse stock split. SEC Form 8-K (Items 3.03,5.03,5.07,9.01). Source
Filed a registration statement for a share offering. SEC Form S-1. Source
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). Source
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