Investor Relations

Latest Financial Results

FY 2024

Fiscal Year Ended September 30, 2024

Latest Annual Filing

For Fiscal Year Ending September 30, 2024

Analyst Coverage

Firm Analyst
Jefferies Dennis Ding
Oppenheimer Leland Gershell
H.C. Wainwright Yi Chen
Raymond James Gary Nachman
B. Riley William Wood

Stock Snapshot

Brokerage firms may facilitate short selling in VERU shares by lending VERU shareholders’ shares held in margin accounts. Through this practice, brokerage firms earn an alternative source of revenue by “lending” shares to sophisticated and institutional investors who are betting that the price of the stock will fall. If the price of the stock in fact falls, then the brokerage firm and the sophisticated and institutional investors will make a profit, while the ultimate retail investor will not.

For long-term shareholders who believe in the Company’s future, the Company is highlighting the following actions you can take with your brokerage firm to prevent the lending of your shares for short selling:

1) hold your VERU shares in a cash account at your brokerage firm instead of a margin account (a model instruction letter is set forth under the heading “Example Form of Letter to Broker” below)

2) opting out of any securities lending programs, which should stop your broker from lending your shares

3) moving your shares to a Direct Registration System (“DRS”) account at the Company’s transfer agent, Computershare

Additionally, if shares are currently on loan by brokerage firms to facilitate short selling, shareholders have the option of asking their broker to recall their shares.

Example Form of Letter to Broker
If you decide to instruct your broker not to make your shares available for lending to short sellers, the following is sample language you can use in your email or letter to the Branch Manager of your brokerage account:

[Broker Name]
[Broker Address]

Attn: Branch Manager

My Account [Account Number]

Dear Sir or Madam:

Please accept this written instruction to make sure that the following securities are held in my cash account only and accordingly are not available for any stock loan activities. I hereby expressly opt out of any securities lending programs and instruct you not to loan out any of my shares.  Additionally, as applicable, please recall any shares that are currently on loan.

Securities:

[Number] shares of Veru Inc. (VERU) and any Veru shares subsequently acquired.

Please confirm receipt and compliance with this request.

Contacts

Company

Veru Inc.
2916 N. Miami Avenue
Suite 1000
Miami, FL 33127
United States
T: 305-509-6897
veruinvestor@verupharma.com

Investor Relations

Samuel Fisch
Executive Director, Investor Relations and Corporate Communications
Veruinvestor@verupharma.com

Go to Top