Home / Going-concern warnings / Invivyd, Inc.
Filed 2026-03-05 路 Form 10-K 路 Accession 0001193125-26-092547 small
Price before filing: $1.71 (2026-03-04 close, split/dividend-adjusted)
Market cap at flag: $538.8M (2026-03-05) 路 Latest: $198.2M (2026-10-16)
| Window | IVVD | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -24.0% | -3.6% | -20.4% | 2026-04-06 |
| 90 days | -35.7% | +10.4% | -46.1% | 2026-06-03 |
| 180 days | -48.5% | +11.8% | -60.3% | 2026-09-01 |
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.
90 days before the flag: 5 insiders sold $354K (10 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-17 | Allen Robert D. III Chief Scientific Officer | Sale | 18,189 | $1.54 | $28K | yes | Form 4 |
| 2026-02-17 | Andersen Jill Chief Legal Officer, Secretary | Sale | 32,771 | $1.54 | $50K | yes | Form 4 |
| 2026-02-17 | Duke William E. Chief Financial Officer | Sale | 19,663 | $1.54 | $30K | yes | Form 4 |
| 2026-02-17 | Green Julie Chief Human Resources Officer | Sale | 19,663 | $1.54 | $30K | yes | Form 4 |
| 2026-02-17 | Lee Timothy Edward Chief Commercial Officer | Sale | 19,663 | $1.54 | $30K | yes | Form 4 |
| 2026-02-18 | Allen Robert D. III Chief Scientific Officer | Sale | 19,392 | $1.58 | $31K | yes | Form 4 |
| 2026-02-18 | Andersen Jill Chief Legal Officer, Secretary | Sale | 34,939 | $1.58 | $55K | yes | Form 4 |
| 2026-02-18 | Duke William E. Chief Financial Officer | Sale | 20,964 | $1.58 | $33K | yes | Form 4 |
| 2026-02-18 | Green Julie Chief Human Resources Officer | Sale | 20,964 | $1.58 | $33K | yes | Form 4 |
| 2026-02-18 | Lee Timothy Edward Chief Commercial Officer | Sale | 20,964 | $1.58 | $33K | yes | Form 4 |
| 2026-03-05: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-05 to 2026-04-04. 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.
"These conditions raise substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
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.
Going-concern opinion issued by: PricewaterhouseCoopers LLP
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report
Read the original filing on SEC.gov →
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