Simulations Plus, Inc.

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Company Name	Simulations Plus, Inc.
Stock Symbol	SLP

On July 14, 2025, after market hours, Simulations Plus released its third quarter 2025 financial results and disclosed that it was cutting its previous guidance by approximately $14 million at the midpoint due in part to margin erosion, a drop in renewal rates, and a slowdown in both services and software segments. The Company also announced a $77 million impairment to previous acquisitions to “align the book value of [its] assets to their current market value.” The following day, the Company disclosed that it had terminated its auditor shortly after taking the impairment.

On this news, Simulations Plus’s stock price fell $4.50, or 25.8%, to close at $12.97 per share on July 15, 2025, thereby injuring investors.

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If you suffered a loss on your Simulations Plus, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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