8-K ·Filed May 8, 2026

VTGN

Vistagen Therapeutics, Inc.
NEUTRAL
Impact 3/10
Horizonweeks Processed4mo ago SEC0001628280-26-032935
8-K context-dependent: Items 8.01
Actionable Insight • Neutral

Traders should monitor for topline results from PALISADE-4 expected within Q2 2026. A positive outcome could be a significant catalyst for the stock given the $23M market cap; a negative result would likely be bearish.

DirectionNeutral
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
VTGN ▼ -55.67% at T+60d
NEUTRAL call ✗ call lost -55.67% · α vs SPY -60.06% · entry $0.6700 → $0.2970
Entry anchored
May 8, 2026
via day open
T+1d
-7.46%
call -7.46% · α -7.33%
$0.6200
settled 5mo ago
T+5d
-10.45%
call -10.45% · α -10.36%
$0.6000
settled 5mo ago
T+20d
-19.40%
call -19.40% · α -19.10%
$0.5400
settled 4mo ago
T+60d
-55.67%
call -55.67% · α -60.06%
$0.2970
settled 8w ago

Price Chart

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Executive Summary

Vistagen announced the completion of the last patient visit in the randomized portion of its PALISADE-4 Phase 3 trial evaluating fasedienol nasal spray for social anxiety disorder. Topline results are expected in the second quarter of 2026. This is a routine clinical milestone with no financial data disclosed.

Key Facts

  • Last patient completed last visit in randomized portion of PALISADE-4 Phase 3 trial.
  • Topline results expected in Q2 2026.
  • Open label extension (OLE) portion remains ongoing.
  • FDA Fast Track designation for fasedienol in social anxiety disorder.
  • Statistical analysis plan (SAP) refined to incorporate pre-IP SUDS as covariate; FDA had no comments.

Financial Impact

No financial data disclosed in the filing.

Risk Factors

  • No guarantee of positive trial outcome despite SAP refinements.
  • Previous PALISADE trials (1 and 3) have not been reported as positive.
  • Stock may be volatile around topline data release.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
0% bullish (10 analysts)

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001628280-26-032935
Document: pal-4lplvprex991.htm0001628280-26-032935
Document: 0001628280-26-032935-index-headers.html0001628280-26-032935
Document: 0001628280-26-032935-index.html0001628280-26-032935
Document: 0001628280-26-032935.txt0001628280-26-032935
12 reports for VTGN
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+5▲ +20.40%Jun 11, 2026
Filters
Rows
Reports for VTGN — sortable, filterable
TypeNow
Aug 14, 2026
7w ago
8-K
BEARISH ★ 6/10
$0.2676 $0.2432▲ +9.12%▲ +7.13%$0.2847 (−6.39%)
Aug 14, 2026
7w ago
Press Release
NEUTRAL ★ 4/10
$0.2676 $0.2432▼ −9.12%▼ −7.13%$0.2847 (+6.39%)
Jul 31, 2026
9w ago
8-K
NEUTRAL ★ 2/10
$0.2410 $0.2529▲ +4.94%▲ +1.95%$0.2847 (+18.13%)
Jun 30, 2026
13w ago
8-K
BEARISH ★ 7/10
$0.2260 $0.2302▼ −1.86%▼ −2.89%$0.2847 (−25.97%)
Jun 17, 2026
15w ago
8-K
NEUTRAL ★ 2/10
$0.6702 $0.2400▼ −64.19%▼ −64.72%$0.2847 (−57.52%)
Jun 15, 2026
15w ago
8-K
NEUTRAL ★ 4/10
$0.6900 $0.2461▼ −64.33%▼ −64.53%$0.2847 (−58.74%)
Jun 11, 2026
16w ago
Institutional Cluster
BULLISH ★ 5/10
$0.5731 $0.2492▼ −56.52%▼ −58.41%$0.2847 (−50.32%)
Jun 9, 2026
16w ago
8-K
NEUTRAL ★ 4/10
$0.5351 $0.2492▼ −53.43%▼ −57.05%$0.2847 (−46.79%)
May 19, 2026
19w ago
8-K
NEUTRAL ★ 4/10
$0.6400 $0.6702▲ +4.72%▲ +3.98%$0.2847 (−55.52%)
May 12, 2026
20w ago
8-K
NEUTRAL ★ 4/10
$0.6200 $0.5400▼ −12.90%▼ −11.18%$0.2847 (−54.08%)
Showing 10 of 12

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