Home / Going-concern warnings / Liminatus Pharma, Inc.

3/5Liminatus Pharma, Inc. (LIMN): Going-concern doubt

Filed 2026-05-15 路 Form 10-Q 路 Accession 0001104659-26-062734 nano

Market data

Price before filing: $9.2 (2026-05-14 close, split/dividend-adjusted)
Market cap at flag: $8.7M (2026-05-15) 路 Latest: $1.4M (2026-10-16)

What happened next

WindowLIMNSPYvs SPY
30 days-34.7%+0.9%-35.6%2026-06-15
90 days-18.5%+4.2%-22.7%2026-08-13
180 dayspendingpendinguntil 2026-11-11

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.

Verified excerpt

"In connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standards Board ("FASB") ASC 205-40, Presentation of Financial Statements鈥擥oing Concern , management has concluded that there is substantial doubt about its ability to continue as a going concern for one year after the date that the accompanying unaudited condensed consolidated financial statements are..."

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 2026-03-31)

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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