Offerings // Emmaus Life Sciences, Inc.

EMMA offering history

Every offering-related filing in Emmaus Life Sciences, Inc.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,002 filings back to Sep 2, 2009.

Last executed offering

Dec 22, 2025

8-K — priced deal (shares or notes)

Last registration (announced)

Dec 14, 2018

S-1 — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Dec 22, 2025	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Feb 26, 2024	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Dec 20, 2023	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Mar 7, 2023	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jan 19, 2023	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Feb 16, 2021	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Mar 3, 2020	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Oct 25, 2019	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 14, 2019	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 11, 2019	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 24, 2019	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 26, 2018	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 21, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Dec 14, 2018	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Sep 26, 2018	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jun 29, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 8, 2018	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Jun 8, 2018	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 8, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 8, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 22, 2018	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
May 18, 2018	RW →	WITHDRAWN	Registration withdrawn
May 18, 2018	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 18, 2018	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
May 18, 2018	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Apr 3, 2018	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Feb 23, 2018	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Feb 23, 2018	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Jul 17, 2017	424B4 →	EXECUTED	Final prospectus — offering priced (typical for IPOs and marketed share deals)
Jul 13, 2017	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Jul 13, 2017	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Jul 13, 2017	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jul 3, 2017	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Jun 30, 2017	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Jun 19, 2017	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Jun 16, 2017	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Jun 2, 2017	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Mar 31, 2017	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Mar 24, 2017	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Feb 16, 2017	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital

EMMA offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full EMMA workspace →

EMMA offering FAQ

When did EMMA last execute an offering?

Per SEC filings, Emmaus Life Sciences, Inc.'s most recent priced offering document is a 8-K filed 2025-12-22. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did EMMA last announce or register an offering?

The most recent registration is a S-1 filed 2018-12-14. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.