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) January 4, 2024

 

LEXARIA BIOSCIENCE CORP.

(Exact name of registrant as specified in its charter)

 

Nevada

 

000-52138 

 

20-2000871

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification No.)

 

100 – 740 McCurdy Road, Kelowna, BC Canada

 

V1X 2P7

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (250) 765-6424

 

                                                                                                                      

(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:

 

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(s)

 

Name of each exchange on which registered

Common Stock, par value $0.001 per share

Warrants to Purchase Common Stock

 

LEXX

LEXXW

 

The Nasdaq Capital Market

The Nasdaq Capital Market

 

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 7.01 Regulation FD Disclosure 

 

On January 4, 2024, Lexaria Bioscience Corp. (“Lexaria”) announced the final results from its human pilot study (the “Study”) which evaluated a DehydraTECH™ processed dosage of the glucagon-like peptide-1 (“GLP-1”) drug semaglutide found in Rybelsus® against a parallel dosage of non-DehydraTECH processed Rybelsus®.  The Study was conducted in a university research center as a cross-over design over two study visits, one in November and the second in December, whereby all seven healthy subjects were dosed with each test article.

 

Results from the Study indicate at all 19 blood point sample time points, that the DehydraTECH GLP-1 blood semaglutide level was higher than the Rybelsus® control sample and that peak levels of semaglutide in blood were 43% higher in the DehydraTECH GLP-1 than in the Rybelsus® control sample.

 

Additional results indicated that:

 

 

·

subjects receiving the DehydraTECH GLP-1 processed semaglutide did not experience the side effects of moderate nausea and moderate diarrhea that the subjects taking the Rybelsus® control sample experienced

 

 

 

 

·

DehydraTECH GLP-1 reduced blood glucose to lower levels than the Rybelsus® control sample and was much more effective at maintaining consistently reduced blood glucose levels even after eating a standardized meal at the 240-minute mark and a standardized snack at the 360-minute mark

 

Item 9.01 Financial Statements and Exhibits 

 

99.1

 

Press Release dated January 4, 2024

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 
2

 

 

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.

 

LEXARIA BIOSCIENCE CORP.

 

/s/ Chris Bunka

 

Chris Bunka

 

CEO, Principal Executive Officer

 

 

 

Date:

January 4, 2024

 

 

 
3

 

nullv3.23.4
Cover
Jan. 04, 2024
Cover [Abstract]  
Entity Registrant Name LEXARIA BIOSCIENCE CORP.
Entity Central Index Key 0001348362
Document Type 8-K
Amendment Flag false
Entity Emerging Growth Company false
Document Period End Date Jan. 04, 2024
Entity File Number 000-52138
Entity Incorporation State Country Code NV
Entity Tax Identification Number 20-2000871
Entity Address Address Line 1 100 – 740 McCurdy Road
Entity Address City Or Town Kelowna
Entity Address Postal Zip Code V1X 2P7
City Area Code 250
Local Phone Number 765-6424
Security 12b Title Common Stock, par value $0.001 per share
Trading Symbol LEXX
Security Exchange Name NASDAQ
Entity Address State Or Province BC
Entity Address Country CA
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false

Lexaria Bioscience (NASDAQ:LEXX)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Lexaria Bioscience Charts.
Lexaria Bioscience (NASDAQ:LEXX)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Lexaria Bioscience Charts.