Home / Going-concern warnings / Longeveron Inc.

3/5Longeveron Inc. (LGVN): Going-concern doubt

Filed 2025-05-08 路 Form 10-Q 路 Accession 0000950170-25-066889 nano

Market data

Price before filing: $14.9 (2025-05-07 close, split/dividend-adjusted)
Market cap at flag: $22.4M (2025-05-08) 路 Latest: $4.4M (2026-10-16)

What happened next

WindowLGVNSPYvs SPY
30 days-14.8%+6.9%-21.6%2025-06-09
90 days+0.7%+13.1%-12.4%2025-08-06
180 days-46.3%+21.0%-67.3%2025-11-04

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 2 insiders sold $37K (4 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-08: red flag filed
2025-05-16Hare Joshua
Chief Scientific Officer, Director, 10% owner
Sale5,250$1.40$7KnoForm 4
2025-05-22Soffer Rock
Director
Sale2,000$1.32$3KnoForm 4
2025-05-29Soffer Rock
Director
Sale10,000$1.30$13KnoForm 4
2025-05-30Soffer Rock
Director
Sale11,000$1.25$14KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-07 to 2025-06-07. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As a result, there is substantial doubt about the Company's ability to continue as a going concern. 2."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-03-31)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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