Home / Auditor changes / CalciMedica, Inc.

5/5CalciMedica, Inc. (CALC): Auditor change

Filed 2025-06-06 路 Form 8-K 路 Accession 0001193125-25-136297 nano

Market data

Price before filing: $8.4 (2025-06-05 close, split/dividend-adjusted)
Market cap at flag: $26.1M (2025-06-06) 路 Latest: $3.6M (2026-10-16)

What happened next

WindowCALCSPYvs SPY
30 days-4.2%+5.0%-9.1%2025-07-07
90 days+88.7%+9.8%+78.9%2025-09-04
180 days+179.2%+16.0%+163.2%2025-12-03

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: 2 insiders bought $10K (2 purchases)
30 days after: 3 insiders bought $29K (5 purchases)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-30Bardin Stephen
Chief Financial Officer
Purchase1,000$1.69$2KnoForm 4
2025-06-05Roberts Eric W
CHIEF BUSINESS OFFICER, Director, 10% owner
Purchase5,100$1.70$9KnoForm 4
2025-06-06: red flag filed
2025-06-06Roberts Eric W
CHIEF BUSINESS OFFICER, Director, 10% owner
Purchase5,000$1.77$9KnoForm 4
2025-06-11Roberts Eric W
CHIEF BUSINESS OFFICER, Director, 10% owner
Purchase5,000$1.85$9KnoForm 4
2025-06-26Bardin Stephen
Chief Financial Officer
Purchase2,000$1.50$3KnoForm 4
2025-06-26Roberts Eric W
CHIEF BUSINESS OFFICER, Director, 10% owner
Purchase4,500$1.44$6KnoForm 4
2025-07-01Stauderman Kenneth A.
Chief Scientific Officer
Purchase1,000$1.85$2KnoForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-08 to 2025-07-06. 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

"In connection with the notification of the merger, Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm effective on June 3, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: Moss Adams LLP · New auditor: Baker Tilly US, LLP

Why this score: auditor resigned; also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

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

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