Form 8-K
8-K — PetVivo Holdings, Inc.
Accession: 0001493152-26-043641
Filed: 2026-09-22
Period: 2026-09-22
CIK: 0001512922
SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
September
22, 2026
Date
of Report (Date of earliest event reported)
PETVIVO
HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Nevada
001-40715
99-0363559
(State
or other jurisdiction
of
incorporation)
(Commission
File
Number)
(IRS
Employer
Identification
No.)
5151
Edina Industrial Blvd.
Suite
575
Edina,
Minnesota
55439
(Address
of principal executive offices)
(Zip
Code)
(952)
405-6216
Registrant’s
telephone number, including area code
Check
the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(g) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common
Stock
PETV
OTCQX
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Resignation
of Joseph Jasper
Effective
September 22, 2026, Joseph Jasper resigned as a member of the Board of Directors (the “Board”) of PetVivo Holdings, Inc.,
a Nevada corporation (the “Company”). Mr. Jasper’s resignation was not the result of any disagreement with the Company
on any matter relating to the Company’s operations, policies or practices. The Board expresses its appreciation to Mr. Jasper for
his leadership, guidance and contributions during his tenure on the Board.
Appointment
of Michael K. Handley
Effective
September 22, 2026, the Board appointed Michael K. Handley as a director of the Company to fill the vacancy created by Mr. Jasper’s
resignation, thereby maintaining the size of the Board at six directors. Mr. Handley will serve until the next annual meeting of shareholders
and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.
Mr.
Handley is a life sciences executive and board director with more than 25 years of experience in the biotechnology, pharmaceutical and
medical device industries. He has raised more than $700 million in public and private capital, supported more than 80 global product
launches, and led or contributed to transactions with an aggregate value exceeding $4 billion. His experience includes corporate strategy
and governance, capital markets, investor relations, mergers and acquisitions, licensing, clinical development, regulatory affairs, commercialization
and global operations.
Mr.
Handley served as Chief Executive Officer and a director of Valion Bio, Inc. from March to August 2026 and as its Chief Operating Officer
and President of Statera Biopharma from February 2025 to March 2026. From July 2021 to February 2025, he served as President, Chief Executive
Officer and Chairman of Statera Biopharma, Inc. He previously served as Chief Executive Officer and a director of Immune Therapeutics,
Inc. from July 2019 to March 2020 and of Armis Biopharma from 2012 to 2018. Mr. Handley helped found Vessix Vascular, Inc. in 2011 and
served as its Vice President of Clinical, Quality and Regulatory until its acquisition by Boston Scientific Corporation in 2012. He also
served as Global Head of Regulatory at Acclarent, Inc. and held senior executive positions at Spectranetics Corporation, Accelapure Corporation,
Genentech, Inc., Amgen Inc. and Gliatech Inc.
Mr.
Handley graduated cum laude from Colorado State University with a B.S. in Molecular Biology and Physiology and minors in Chemistry and
Neuroanatomy. He attended the Executive MBA program at Pepperdine University and completed the Global C-Suite Program at the Wharton
School of the University of Pennsylvania. He has served on corporate and nonprofit boards, taught in Colorado State University’s
Regulatory Affairs Program, lectured at Drexel University’s LeBow College of Business, and is an inventor and author of issued
patents, published patent applications and peer-reviewed scientific publications.
Mr.
Handley’s extensive life sciences leadership experience, together with his background in capital raising, strategic transactions,
regulatory affairs and commercialization, were material factors in the Board’s determination that he is qualified to serve as a
director of the Company.
Mr.
Handley will initially serve as a non-employee director and receive compensation consistent with that of the Company’s other non-employee
directors, prorated for his period of service. The Company’s non-employee director compensation program is described in its Current
Report on Form 8-K filed with the Securities and Exchange Commission on October 8, 2025. His compensation for Board service may be adjusted
by the Board in connection with any subsequent employment by the Company or one of its subsidiaries.
There
are no arrangements or understandings between Mr. Handley and any other persons pursuant to which he was selected as a director of the
Company and there are no transactions or proposed transactions in which Mr. Handley has a direct or indirect interest requiring disclosure
under Item 404(a) of Regulation S-K or Item 5.02(d) of Form 8-K. Mr. Handley does not have any family relationship with any of the Company’s
directors or executive officers or any persons nominated or chosen by the Company to be a director or executive officer.
At
this time, Mr. Handley has not been appointed to any committees.
The
press release announcing his appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
99.1
Press Release dated September 22, 2026
104
Cover
Page Interactive Data File (formatted as Inline XBRL)
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
PETVIVO
HOLDINGS, INC.
Date:
September 22, 2026
By:
/s/
John Lai
Name:
John
Lai
Title:
Chief
Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
5151
Edina Industrial Blvd., Suite 575, Minneapolis, MN 55439 | (952) 405-6216 | www.petvivo.com
PRESS
RELEASE:
Michael
Handley Joins PetVivo Holdings, Inc. Board of Directors
MINNEAPOLIS, MN, US, September 22, 2026
— PetVivo Holdings, Inc. (OTCQX: PETV) (the “Company”), together with its subsidiaries PetVivo Animal Health, Inc.,
Somatrix Technologies, Inc. and PetVivo AI, Inc., an emerging biomedical device company focused on the commercialization of innovative
medical devices and therapeutics for companion animals, today announced the appointment of Michael K. Handley to its Board of Directors,
effective September 22, 2026.
“We
are pleased to welcome Michael Handley to PetVivo’s Board of Directors,” said John Lai, Chief Executive Officer of PetVivo
Holdings, Inc. “Michael brings extensive experience in building life sciences companies, raising capital and guiding technologies
through development and commercialization. His perspective across biotechnology, pharmaceuticals and medical devices will be valuable
as we work to expand adoption of our products, evaluate strategic opportunities and build long-term shareholder value.”
Mr.
Handley is a life sciences executive and board director with more than 25 years of experience in the biotechnology, pharmaceutical and
medical device industries. He has raised more than $700 million in public and private capital, supported more than 80 global product
launches, and led or contributed to transactions with an aggregate value exceeding $4 billion. His experience spans corporate strategy
and governance, capital markets, mergers and acquisitions, licensing, clinical development, regulatory affairs and global commercialization.
Mr.
Handley most recently served as Chief Executive Officer and a director of Valion Bio, Inc. Previously, he was President, Chief Executive
Officer and Chairman of Statera Biopharma, Inc., and held chief executive and director roles at Immune Therapeutics, Corp and Armis Biopharma.
He also helped found Vessix Vascular, Inc., where he served as Vice President of Clinical, Quality and Regulatory until its acquisition
by Boston Scientific Corporation in 2012.
Mr.
Handley graduated cum laude from Colorado State University with a B.S. in Molecular Biology and Physiology. He attended the Executive
MBA program at Pepperdine University and completed the Global C-Suite Program at the Wharton School of the University of Pennsylvania.
“I
am excited to join PetVivo’s Board and work with John and the leadership team,” said Mr. Handley. “PetVivo’s
focus on bringing innovative technologies to veterinary medicine, together with the potential to develop applications in human health,
aligns closely with my experience in life sciences development and commercialization. I look forward to helping the Company evaluate
growth opportunities, develop strategic relationships and advance its business in ways that support veterinarians, the animals they care
for and, over time, potential human healthcare applications, while building long-term shareholder value.”
Mr.
Handley fills the vacancy created by Joseph Jasper’s resignation, effective September 22, 2026. The Board thanks Mr. Jasper for
his leadership, guidance and contributions during his tenure. Following these changes, the Board continues to consist of six directors.
About
PetVivo Holdings, Inc.
PetVivo
Holdings, Inc. (OTCQX: PETV), together with its subsidiaries PetVivo Animal Health, Inc., Somatrix Technologies, Inc. and PetVivo AI,
Inc., is an emerging biomedical device company focused on the development, manufacturing, commercialization and licensing of innovative
medical devices, biomaterials and therapeutics for animal and human health. The Company’s strategy is to leverage its proprietary
technologies, intellectual property and scientific expertise to develop and commercialize products addressing unmet needs across veterinary
and human medicine.
PetVivo
has a robust pipeline of products for the treatment of animals and people. A portfolio of twelve issued and pending patents and six trade
secrets protect the Company’s biomaterials, products, production processes and methods of use. The Company’s lead product,
SPRYNG® with OsteoCushion® technology, a veterinarian-administered, intra-articular injection for the management of lameness
and other joint-related afflictions, including osteoarthritis, in cats, dogs and horses, is currently available for commercial sale.
Company
Contact
John
Lai, CEO
PetVivo
Holdings, Inc.
Contact
Tel
(952) 405-6216
Forward-Looking
Statements
The
foregoing information regarding PetVivo Holdings, Inc. (the “Company”) may contain “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended.
Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation
the Company’s proposed development and commercial timelines, and can be identified by the use of words such as “may,”
“will,” “expect,” “project,” “estimate,” “anticipate,” “plan,”
“believe,” “potential,” “should,” “continue” or the negative versions of those words
or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements
are based on information currently available to the Company and its current plans or expectations and are subject to a number of uncertainties
and risks that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the
Company’s Annual Report on Form 10-K for the year ended March 31, 2026 and other periodic and current reports filed with the Securities
and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking
statements, whether as a result of new information, future events or otherwise.
2
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