Home / Going-concern warnings / Quince Therapeutics, Inc.

5/5Quince Therapeutics, Inc. (QNCX): Going-concern doubt

Filed 2026-04-10 路 Form 10-K 路 Accession 0001193125-26-151364 nano

Market data

Price before filing: $24.8 (2026-04-09 close, split/dividend-adjusted)
Market cap at flag: $6.8M (2026-04-10) 路 Latest: $198.7M (2026-10-12)

What happened next

WindowQNCXSPYvs SPY
30 days+0.0%+8.7%-8.7%2026-05-11
90 days-29.5%+10.8%-40.3%2026-07-09
180 days+7.7%+14.9%-7.1%2026-10-07

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

"As discussed in Note 1 to the consolidated financial statements, the Company has suffered recurring losses and negative cash flows from operations that raise substantial doubt about its ability to continue as a going concern."

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.

Going-concern opinion issued by: BDO USA, P.C.
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 →

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

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