Home / Going-concern warnings / Karyopharm Therapeutics Inc.

3/5Karyopharm Therapeutics Inc. (KPTI): Going-concern doubt

Filed 2025-05-12 路 Form 10-Q 路 Accession 0000950170-25-069231 micro

Market data

Price before filing: $6.01 (2025-05-09 close, split/dividend-adjusted)
Market cap at flag: $53.0M (2025-05-12) 路 Latest: $11.3M (2026-10-16)

What happened next

WindowKPTISPYvs SPY
30 days-27.0%+6.6%-33.5%2025-06-11
90 days-37.3%+13.0%-50.3%2025-08-11
180 days-9.5%+21.4%-30.9%2025-11-10

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: 6 insiders sold $170K (10 sales)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-02-18Poulton Stuart
EVP, Chief Development Officer
Sale5,914$0.63$4KnoForm 4
2025-03-04Abate Kristin
Chief Accounting Officer
Sale571$6.29$4KnoForm 4
2025-03-04Cheng Sohanya Roshan
EVP & Chief Commercial Officer
Sale3,445$6.29$22KnoForm 4
2025-03-04Mano Michael
SVP, General Counsel&Secretary
Sale2,793$6.29$18KnoForm 4
2025-03-04Paulson Richard A.
President and CEO, Director
Sale11,694$6.29$74KnoForm 4
2025-03-04Poulton Stuart
EVP, Chief Development Officer
Sale3,548$6.29$22KnoForm 4
2025-03-04Rangwala Reshma
EVP & Chief Medical Officer
Sale3,587$6.29$23KnoForm 4
2025-04-04Paulson Richard A.
President and CEO, Director
Sale245$3.74$916noForm 4
2025-04-23Rangwala Reshma
EVP & Chief Medical Officer
Sale419$6.17$3KnoForm 4
2025-05-06Paulson Richard A.
President and CEO, Director
Sale236$7.12$2KnoForm 4
2025-05-12: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-11 to 2025-06-11. 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

"Based on our current business plan and current capital resources, combined with the uncertainty regarding the availability of additional funding and considering our debt obligations, including the October 15, 2025 maturity date of our 3.00 % convertible senior notes due 2025 (the "2025 Notes") and a requirement of our other indebtedness to maintain cash, cash equivalents and investments of at least $ 25.0 million at..."

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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