Nutriband Inc. Announces Key Dates for 25% Preferred Stock Dividend

Nutriband Inc. (NASDAQ: NTRB) has announced the key dates for its upcoming 25% preferred stock dividend, a move that underscores the company's commitment to rewarding its shareholders while advancing its pharmaceutical innovations. Shareholders of record as of July 25, 2025, will be entitled to receive one preferred share for every four common shares held, with the dividend payable on August 5, 2025. This strategic financial decision not only enhances shareholder value but also aligns with the company's long-term growth objectives.

The preferred shares carry a unique feature; they are convertible to one common share upon the FDA approval of Nutriband’s AVERSA Fentanyl product, a significant milestone that could potentially open new revenue streams for the company. For preferred shares that remain unconverted, shareholders will be eligible for annual cash dividends from company profits, subject to the board's discretion. This dual benefit mechanism is designed to provide immediate value to shareholders while also offering a stake in the company's future success.

Nutriband's focus on developing abuse-deterrent transdermal pharmaceutical products, particularly its AVERSA technology, positions it as a pioneer in addressing the critical issue of drug abuse and misuse. The AVERSA technology, which can be incorporated into any transdermal patch, aims to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential. The upcoming dividend and the potential FDA approval of the AVERSA Fentanyl product highlight Nutriband's innovative approach to pharmaceutical development and its commitment to creating shareholder value.

This announcement is significant for investors and the pharmaceutical industry alike, as it reflects Nutriband's strategic efforts to leverage its technological advancements for financial growth and shareholder rewards. The preferred stock dividend serves as a testament to the company's confidence in its product pipeline and its ability to achieve regulatory milestones, which could have far-reaching implications for the fight against drug abuse and the broader pharmaceutical sector.