BHST 6-K
Bioharvest Sciences Inc. (BHST)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission file number: 001-42389
BIOHARVEST SCIENCES INC.
(Exact name of Registrant as specified in its charter)
Not applicable
(Translation of Registrant’s name into English)
1140-625 Howe Street, Vancouver, British Columbia V6C 2T6, Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
☐ Form 20-F ☒ Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
[Exhibits: Exhibit Description99.1News Release dated May 13, 2026]()
News Release dated May 13, 2026
While the 2025 global saffron market is estimated at nearly $500 million annually^1^, the broader nutraceutical categories associated with saffron’s researched bioactive properties represent an estimated 2025 total addressable market of over $100 billion globally. These include rapidly growing segments such as mood and stress support, cognitive health, sleep quality, antioxidant activity, and metabolic wellness. In addition, saffron remains a highly prized culinary ingredient used globally across premium food, beverage, flavoring, and specialty gastronomy applications, where consistent quality and supply stability are increasingly important for a segment which represents more than 50% of the total market demand.
BioHarvest’s Agreement with SaffronTech and its Role in the Sustainable Production of Saffron
BioHarvest believes its Botanical Synthesis platform creates a highly differentiated and sustainable solution for the future production of saffron compositions by enabling the production of saffron-derived compounds without traditional farming, harvesting, or dependence on geographic and climate limitations. The process also provides the potential for enhanced consistency, purity, scalability, and long-term supply stability for both food-grade and nutraceutical-grade applications.
Under the terms of the agreement, BioHarvest retains 25% ownership of the saffron composition being developed through the multi-stage program. Additionally, BioHarvest will earn manufacturing royalties from any future saffron compound that is produced on its Botanical Synthesis platform, reflecting BioHarvest’s strategy to, where possible, participate downstream in the future value creation of products developed using its Botanical Synthesis platform.
With Stage 1 completed, BioHarvest and SaffronTech are advancing toward Stage 2, where the saffron cells stored in the proprietary cell bank will be propagated in liquid medium bioreactors to generate significant biomass to support future pre-commercial testing, formulation development, and validation.
BioHarvest believes the saffron development program further strengthens the positioning of its CDMO division as a differentiated platform capable of addressing some of the world’s most valuable and supply-constrained plant-derived compounds through sustainable biotechnology solutions, while expanding the Company’s pipeline of potential royalty-generating partnerships.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on management’s current expectations, beliefs, and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. For the CDMO Services Business Unit, there is no assurance of additional future contracts, and readers are cautioned that increased revenue is not necessarily an increase in net income or profitability as costs will likely increase as well. There is no assurance that signed research agreements will proceed past a contracted stage, or that a developed molecule or compound will be commercialized or will generate royalties to the Company. Successful commercialization of any compound developed will be subject to consumer preferences, advertising budgets and other factors affecting market acceptance of new products which are uncertain and cannot be assured. Launching new products is subject to risks and uncertainties including the risk that the market will not accept the product or that government approvals required for sale or import of the products will not be obtained. There is never an assurance that any product set will successfully disrupt established product categories. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by applicable law. Additional information is contained in the Company’s SEC filings, available at http://www.sec.gov.
^1^ *Grandview Research - Saffron Market Size, Share & Trends Analysis Report (2026 - 2033)
https://www.grandviewresearch.com/industry-analysis/saffron-market
BioHarvest Company Contact:
Dave Ryan, VP Investor Relations
(604) 622-1186
Investor Relations Contact:
Chuck Padala, Managing Director
LifeSci Advisors