Form 8-K

8-K — Covista Inc.

Accession: 0000730464-26-000015

Filed: 2026-04-09

Period: 2026-04-09

CIK: 0000730464

SIC: 8200 (SERVICES-EDUCATIONAL SERVICES)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — cvsa-20260409x8k.htm (Primary)

EX-99.1 (cvsa-20260409xex99d1.htm)

GRAPHIC (cvsa-20260409x8k001.jpg)

GRAPHIC (cvsa-20260409xex99d1g001.jpg)

GRAPHIC (cvsa-20260409xex99d1g002.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: cvsa-20260409x8k.htm · Sequence: 1

Covista Inc._April 9, 2026

0000730464false00007304642026-04-092026-04-09

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

Date of Report (Date of earliest event reported): April 9, 2026

Covista Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-13988

36-3150143

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

233 South Wacker Drive

Chicago, IL

60606

(Address of principal executive offices)

(Zip Code)

(312) (651-1400)

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ 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(b) of the Act:

Title of each class

Trading Symbol

Name of each exchange on

which registered

Common Stock $0.01 Par Value

CVSA

New York Stock Exchange

Common Stock $0.01 Par Value

CVSA

NYSE Texas

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 7.01Regulation FD Disclosure

On April 9, 2026, Covista Inc. (“Covista”) released an investor newsletter, which provided updates on key milestones, strategic developments, and operational progress. The investor newsletter is attached hereto as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of Covista under the Securities Act of 1933, as amended, or the Exchange Act.

Cautionary Disclosure Regarding Forward-Looking Statements

Certain statements contained in this Form 8-K and related newsletter are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact, which includes statements regarding Covista’s future growth. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “future,” “believe,” “expect,” “anticipate,” “estimate,” “plan,” “intend,” “may,” “will,” “would,” “could,” “can,” “continue,” “preliminary,” “range,” and similar terms. These forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially from those described in the statements. These risks and uncertainties include the risk factors described in Item 1A. “Risk Factors” of our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) and our other filings with the SEC. These forward-looking statements are based on information available to us as of the date any such statements are made, and Covista assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized, except as required by law.

Item 9.01 Financial Statements and Exhibits

99.1

Investor Newsletter dated April 9, 2026

104

Cover Page Interactive Data File (formatted in Inline XBRL and included as Exhibit 101)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Covista Inc.

By:

/s/ Robert J. Phelan

Robert J. Phelan

Senior Vice President and Chief Financial Officer

(Principal Financial Officer)

Date: April 9, 2026

EX-99.1

Filename: cvsa-20260409xex99d1.htm · Sequence: 2

Exhibit 99.1

The U.S. healthcare workforce shortage requires more than

just growing the supply through strong education, it also

must solve the access problem, particularly in some of the

most underserved areas like rural communities. This requires

collaboration across the entire healthcare ecosystem. In

February, Covista announced it was a founding member of

the Alliance for Advancing Rural Healthcare (AARH), bringing

together a consortium of leading healthcare organizations to

help state governments execute the federal Rural Health

Transformation, a federal initiative designed to strengthen

healthcare systems across rural and local communities.

Covista contributes to the AARH its scale as America's largest

healthcare educator, and its focus on partnering with health

systems to place graduates in underserved communities and

improve access to care closer to home. The need in rural

America is critical, as 85% of healthcare executives in those

communities say they can’t find enough local talent.

Through partnerships such as this, Covista is increasingly a

part of the structural solutions to America's healthcare crisis,

creating durable demand for its graduates and deepening

relationships on a national stage with health systems and

government agencies.

Covista at the forefront of rural

healthcare: partnering to build the

workforce America needs

A note from our CEO

Welcome to the inaugural edition

of Covista's investor newsletter —

a forum we created with a clear

purpose: to bring you closer to our

team, our thinking, and our story.

In this and every edition that follows, you will find

important updates on key milestones, strategic

developments, and operational progress — the things

we believe matter most to the long-term value of this

business, beyond what we cover on our quarterly

earnings calls.

To understand where Covista is headed, there is no better

starting point than our February Investor Day, a milestone

moment for the company and, we believe, a defining

one for how the market comes to understand the scale

of our opportunity.

At the center of the event was the formal introduction of

Purpose at Scale, our next three-year strategy and the

natural evolution of Growth with Purpose, our approach

that transformed Covista into essential infrastructure for

America's healthcare workforce pipeline. Purpose at Scale

is paired with attractive long-term financial targets through

FY2029: revenue growth at a CAGR of 7–10%, Adjusted

EPS growth at a CAGR of 10–14%, and enrollment

exceeding 120,000 students.¹˒²

Where our prior strategy set the table, Purpose at Scale

lays out the roadmap for Covista to become the defining,

scaled solution to the nation's healthcare workforce

crisis — not simply as an education provider, but as a true

talent platform, working hand-in-hand with health systems

and employer partners across the country.

The strategy is organized around four core principles:

operational excellence, platform extension, employer

integration, and a focused commitment to technology.

As we deepen direct partnerships with health systems

and lead the industry on AI-enabled learning, we are

positioning Covista to make education more effective,

more accessible, and more valuable for both students

and the employers who depend on them.

Investor Day also coincided with two proud milestones, the

ringing of the NYSE closing bell to commemorate our ticker

change to CVSA, and the debut of our brand on a Times

Square digital billboard. It was a fitting backdrop for our

next chapter.

The strategy is clear, the team is aligned, and the

opportunity in front of us is real. America's healthcare

workforce crisis is not waiting, and neither are we. We look

forward to keeping you informed every step of the way.

Steve Beard

Chairman and CEO, Covista

PARTNERSHIP UPDATE

In the News

1.Wall Street Journal: One

CEO’s Bet on a Burgeoning

Healthcare Labor Market

2.Crain’s Business: Nursing

schools are racing to stave

off a looming workforce crisis

3.Crain’s Business: Rebranded

Covista detail ambitious

growth plans

4.Punchbowl: Covista

executives Michael Betz and

Megan Noel present at

Punchbowl News Conference

Covista sets the standard: strategic depth and national impact

Spring 2026

WATCH OUR NYSE INTERVIEW Covista recently announced a significant

leadership appointment at the Ross

University School of Medicine (RUSM),

underscoring management's commitment

to pairing the company's growing scale

with best-in-class academic leadership.

Mark your calendars for

Covista’s third quarter

earnings call, taking

place on May 7, 2026.

Covista welcomes new leader to

drive student success

Dr. Cheryl Holmes joined in March as the new Dean of

RUSM, bringing more than 30 years of clinical experience in

family medicine and critical care, along with a strong record in

education, research, and academic leadership. Her appointment

comes as RUSM has cemented its leadership position,

graduating more M.D.s than any other U.S. medical school and

having graduated more than 16,000 alumni.

Reflecting a deliberate strategy to deepen operational

excellence, strengthen student outcomes and reinforce the

company's competitive moat as America's largest healthcare

educator, Covista is investing in the right leaders at the right

time to sustain momentum and continue expanding access to

healthcare careers across its five accredited institutions.

Employer integration is a key pillar of Covista’s Purpose at

Scale strategy. By creating deep partnerships with healthcare

systems, similar to our existing partnership with SSM Health,

we can collectively create proprietary workforce pipelines that

drive enrollment and connect graduates directly to employment.

Covista released its Care Capacity Monitor that shows that

healthcare employers want more than just graduates, they want

in the trenches partners who can: lower the cost of acquiring

talent, raise productivity, and improve the retention of their

employees. Our long track record of outcomes and national

scale enables us to become the preferred workforce solutions

partner and in doing so, we can create a durable model with

compounding value for students, health systems and Covista.

And the strategic rationale is well-supported by Covista’s

own research; nearly 70% of healthcare executives list talent

partnerships as very or somewhat effective for meeting their

workforce needs, even more so than hiring and retention

bonuses, upskilling existing staff or using staffing agencies

and online hiring forums.

Covista data shows its talent

partnership strategy is directly

aligned with healthcare executives

staffing needs

COVISTA RESEARCH LEADERSHIP UPDATE WHAT’S NEXT 1: Revenue & adj. EPS CAGR based on midpoint of FY26 guidance (Revenue range $1,900m-$1,940m; midpoint is $1,920m | adj. EPS range $7.80-$8.00; midpoint is $7.90) 2: A reconciliation of non-GAAP guidance

measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of special items that may be incurred in the future, although these special items

could be material to Covista's results in accordance with GAAP. 3: Covista Care Capacity Monitor: Research | Covista Care Capacity Monitor | Covista

Note: This Investor Newsletter contains forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and involve risks and

uncertainties that could cause actual results to differ materially from those expressed or implied.

To subscribe to future newsletters, please contact investor.relations@covista.com

Spring 2026

Covista sets the standard: strategic depth and national impact

Chamberlain University

debuts new brand campaign

Chamberlain’s new marketing

campaign brings to life the heart of

nursing through authentic, emotionally

resonant storytelling. The campaign is

anchored by two new videos that

spotlight the compassion, camaraderie,

and calling that define the nursing

profession, creating meaningful

connections with both prospective

and current students.

MARKETING UPDATE Raising brand awareness is an important driver of new

enrollment and a key pillar of Chamberlain's go-to-market

strategy; we expect this campaign to be a contributor for our

enrollment initiatives as we look to close out fiscal year 2026

and build momentum heading into fiscal year 2027.

GRAPHIC

Filename: cvsa-20260409x8k001.jpg · Sequence: 3

Binary file (875 bytes)

Download cvsa-20260409x8k001.jpg

GRAPHIC

Filename: cvsa-20260409xex99d1g001.jpg · Sequence: 4

Binary file (301388 bytes)

Download cvsa-20260409xex99d1g001.jpg

GRAPHIC

Filename: cvsa-20260409xex99d1g002.jpg · Sequence: 5

Binary file (287952 bytes)

Download cvsa-20260409xex99d1g002.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 11

v3.26.1

Document and Entity Information

Apr. 09, 2026

Document and Entity Information [Abstract]

Document Type

8-K

Document Period End Date

Apr. 09, 2026

Entity File Number

001-13988

Entity Registrant Name

Covista Inc.

Entity Incorporation, State or Country Code

Entity Tax Identification Number

36-3150143

Entity Address, Address Line One

233 South Wacker Drive

Entity Address, City or Town

Chicago

Entity Address, State or Province

Entity Address, Postal Zip Code

60606

City Area Code

312

Local Phone Number

651-1400

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock $0.01 Par Value

Trading Symbol

CVSA

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

Entity Central Index Key

0000730464

Amendment Flag

false

- References

No definition available.

+ Details

Name:

cvsa_DocumentAndEntityInformationAbstract

Namespace Prefix:

cvsa_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration