Evofem moved the maturity of convertible notes held by Adjuvant to December 1, 2026, and removed some affirmative covenants. The 8-K gives no repayment plan, and the company's year-end cash was $578,000.
Subject to regulatory approval, the new source is expected to reduce unit costs by 40% or more. Evofem expects to submit a supplemental NDA in mid-2027.
Evofem issued a $706,304 subordinated note to HUB Cyber Security, Ltd. The 12% note matures eleven months after July 8, 2026, and accrues a $2,000 weekly monitoring fee plus a one-time administration fee of $14,126.
Net sales were $0.9 million, up from $0.8 million a year earlier. The CEO said the company looks forward to non-dilutive capital from ex-U.S. partnerships in 2026.
The Fourth Amendment, dated April 10, 2026, makes the notes payable in full at the earliest of three events. It bars prepayment for six months without Adjuvant's consent.
Evofem's sixth amendment to its Aditxt merger agreement adds a new Series G-1 preferred stock to the deal and caps dissenting shares. Common holders share a total of $1,800,000, and the proxy says no fairness opinion was sought.
What Evofem Biosciences does
Evofem Biosciences, Inc. is a San Diego-based commercial-stage biopharmaceutical company focused on women's sexual and reproductive health. Its first commercial product, PHEXX, is described as the first and only non-hormonal prescription contraceptive vaginal gel. The FDA approved PHEXX on May 22, 2020 for the prevention of pregnancy, and it launched in the U.S. in September 2020. In July 2024 the company acquired global rights to SOLOSEC, an FDA-approved single-dose oral antimicrobial agent for bacterial vaginosis and trichomoniasis, and relaunched it in November 2024. Outside the U.S., the company licensed commercial rights to PHEXX and SOLOSEC in the Middle East and North Africa to Pharma 1 Drug Store, LLC in July 2024 and May 2025. Pharma 1 filed for regulatory approval of PHEXX in the United Arab Emirates in June 2025 and of SOLOSEC in September 2025. The company's stated strategy includes lowering manufacturing costs and opportunistically acquiring or in-licensing additional launch-ready products.
Product or program
What it is
Stage
PHEXX
Non-hormonal prescription contraceptive vaginal gel
FDA approved May 22, 2020; launched in the U.S. September 2020
SOLOSEC
Single-dose oral antimicrobial for bacterial vaginosis and trichomoniasis
Latest balance sheet, Jun 30, 2026 (10-Q): cash and equivalents $285,000.
Figures as reported to the SEC in XBRL; each one links to its filing. Not adjusted, not investment advice.
Questions about Evofem Biosciences
Has Evofem Biosciences sold convertible notes?
Our latest story on this, dated Oct 15, 2026: "Evofem Biosciences pushes Adjuvant note maturity to December 1, 2026". The story links the filing or release it is based on. Read the story.
Is Evofem Biosciences involved in a merger or acquisition?
Our latest story on this, dated Aug 26, 2025: "Evofem signs sixth amendment to Aditxt merger agreement". The story links the filing or release it is based on. Read the story.
What is the ticker symbol of Evofem Biosciences?
Evofem Biosciences, Inc. trades under the ticker EVFM on OTC.
Where is Evofem Biosciences listed?
Evofem Biosciences, Inc. is listed on OTC.
What is the SEC CIK of Evofem Biosciences?
The SEC Central Index Key (CIK) for Evofem Biosciences, Inc. is 1618835. Its filings are on SEC EDGAR.
How many shares does Evofem Biosciences have outstanding?
132,530,081 shares as of 2026-08-12, per the cover page of its 10-Q filed 2026-08-14.
Which country or territory is Evofem Biosciences listed under?
Our directory records Evofem Biosciences, Inc. under United States.
What does Evofem Biosciences do?
Our directory classifies Evofem Biosciences, Inc. as: Biotechnology. This is a directory classification, not a description of the pipeline.
What is the ISIN of Evofem Biosciences?
The ISIN recorded for Evofem Biosciences, Inc. is US30048L3024.
Does aibio.space cover Evofem Biosciences?
aibio.space lists Evofem Biosciences, Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
Where is Evofem Biosciences incorporated?
SEC records list its state or country of incorporation as DE.
What does Evofem Biosciences develop?
Evofem Biosciences, Inc. is a San Diego-based commercial-stage biopharmaceutical company focused on women's sexual and reproductive health. Its first commercial product, PHEXX, is described as the first and only non-hormonal prescription contraceptive vaginal gel.
What is PHEXX from Evofem Biosciences?
PHEXX: Non-hormonal prescription contraceptive vaginal gel Stage: FDA approved May 22, 2020; launched in the U.S. September 2020.
What is SOLOSEC from Evofem Biosciences?
SOLOSEC: Single-dose oral antimicrobial for bacterial vaginosis and trichomoniasis Stage: FDA-approved; relaunched November 2024.
Is Evofem Biosciences profitable?
Evofem Biosciences, Inc. reported net income of $391,000 for the fiscal year ended Dec 31, 2025, and used $2.0 million of cash in operations, per its annual report to the SEC.
Investor discussion: Evofem Biosciences
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Capital-markets timeline
Financings, listing notices, splits, legal actions and other investor events at Evofem Biosciences, newest first. Each line links the filing it comes from.
Financings
Reported a financing. SEC Form 8-K (Items 1.01,9.01). Source
Financings
Reported a financing. SEC Form 8-K (Items 1.01,9.01). Source
Distress
Reported the end of a material agreement. SEC Form 8-K (Items 1.02,9.01). Source
Listings
Reported a reverse stock split. SEC Form 8-K (Items 5.03,5.07,9.01). Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Distress
Reported the end of a material agreement. SEC Form 8-K (Items 1.02,5.07,7.01,9.01). Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Financings
Reported a financing. SEC Form 8-K (Items 1.01,9.01). Source
Mergers
Reported a merger or acquisition agreement. SEC Form 8-K (Items 1.01,3.03,5.03,9.01). Source
Mergers
Reported a merger or acquisition agreement. SEC Form 8-K (Items 1.01,9.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). Source
Distress
Reported that a debt obligation was accelerated. SEC Form 8-K (Items 1.01,1.02,2.04,9.01). Source
Stock chart
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SEC filings and registration
SEC name
Evofem Biosciences, Inc.
CIK
1618835
Industry (SIC)
Pharmaceutical Preparations (2834)
US tickers
EVFM (OTC)
State or country of incorporation
DE
Fiscal year ends
December 31
Filer category
Non-accelerated filer<br>Smaller reporting company
Business address
12400 HIGH BLUFF DRIVE, SAN DIEGO, CA, 92130
Phone
(858) 550-1900
Shares outstanding
132,530,081 as of 2026-08-12 (10-Q filed 2026-08-14)
Former names
Neothetics, Inc.
Recent filings (8-K and 6-K are the company's own announcements)
Source: SEC EDGAR, retrieved October 23, 2026. Shares outstanding is the cover-page figure from the latest periodic report. The SEC does not publish share prices.
Listing details
Evofem Biosciences, Inc. is a public biotech or pharmaceutical company listed on OTC under the ticker EVFM, recorded under United States. The directory classifies it as Biotechnology. aibio.space tracks 2,820 public biotech companies worldwide and publishes investor news on them.
Listing facts come from our company directory, researched on October 22, 2026. A listing record does not certify that a security currently trades. Tell us about a change. Work at this company? Claim this page.
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