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Stocks/HRTX/SEC Filings/8-K Nov 9, 2026

HRTX 8-K: Divestiture

Filed with the SEC on Nov 9, 2026 · accession 0001193125-26-452672

HRTX filed a 8-K (current report) with the SEC on Nov 9, 2026. A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

Summary of the filing

Heron Therapeutics agreed to sell substantially all of its assets to CorMedix Inc. for $145 million in cash plus 14,583,333 shares of CorMedix common stock, along with royalty and earn-out payments, while retaining its NOLs and certain other assets.

For details, click here →How to read a 8-K →

Key details

Cash consideration$145.0M
Escrow deposit$2.0M
Maximum post-closing adjustment$10.0M
Royalty rate on net sales above $25 million$0
Earn-out payment if 2028 ZYNRELEF net sales >= $65 million$25.0M
Additional earn-out payment if 2028 ZYNRELEF net sales >= $95 million$30.0M
SellerHeron Therapeutics, Inc.
BuyerCorMedix Inc.
Escrow agentCitibank, N.A.
Administrative agent and collateral agent for working capital facilityHercules Capital, Inc.

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Frequently asked questions

What did HRTX file with the SEC on Nov 9, 2026?

HRTX filed a 8-K (Divestiture). Heron Therapeutics agreed to sell substantially all of its assets to CorMedix Inc. for $145 million in cash plus 14,583,333 shares of CorMedix common stock, along with royalty and earn-out payments, while retaining its NOLs and certain other assets.

What does a divestiture mean for HRTX stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

Other HRTX SEC filings

  • 8-K · Material agreementSep 29, 2026
  • 8-K · SEC filingAug 14, 2026
  • 10-Q · SEC filingAug 10, 2026
  • 8-K · SEC filingAug 10, 2026
  • 8-K · Delisting noticeJun 25, 2026
  • 8-K · Board changeJun 16, 2026
  • 8-K · Regulatory actionJun 2, 2026
  • 8-K · SEC filingMay 11, 2026
  • 10-Q · SEC filingMay 11, 2026
  • DEF 14A · Board changeApr 30, 2026

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Source: SEC EDGAR filing 0001193125-26-452672. The summary and key details are extracted by SEPT from the filing and may contain errors. Price reaction uses daily closing prices. Not financial advice.