Home / Going-concern warnings / Mobia Medical, Inc.
Filed 2026-06-04 路 Form 10-Q 路 Accession 0001193125-26-257552 small
Price before filing: $13.73 (2026-06-03 close, split/dividend-adjusted)
Market cap at flag: $460.2M (2026-06-04) 路 Latest: $154.4M (2026-10-16)
| Window | MOBI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -3.5% | -0.1% | -3.4% | 2026-07-06 |
| 90 days | -11.9% | +1.7% | -13.7% | 2026-09-02 |
| 180 days | pending | pending | until 2026-12-01 |
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: 1 insider sold 6,731 shares (1 sale); 9 insiders bought $21.6M (11 purchases)
30 days after: 1 insider bought $64K (1 purchase)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-05-11 | Green Park & Golf Ventures - Houston, LLC (+7 joint filers) 10% owner | Purchase | 60,537 | $15.00 | $908K | no | Form 4 |
| 2026-05-11 | Green Park & Golf Ventures II, LLC (+5 joint filers) 10% owner | Purchase | 81,000 | $15.00 | $1.2M | no | Form 4 |
| 2026-05-11 | Green Park & Golf Ventures II, LLC (+9 joint filers) 10% owner | Purchase | 33,333 | $15.00 | $500K | no | Form 4 |
| 2026-05-11 | Green Park & Golf Ventures II, LLC (+9 joint filers) 10% owner | Sale | 6,731 | n/a | n/a | no | Form 4 |
| 2026-05-11 | HARRINGTON WILLIAM T Director, 10% owner | Purchase | 266,666 | $15.00 | $4.0M | no | Form 4 |
| 2026-05-11 | HARRINGTON WILLIAM T Director, 10% owner | Purchase | 266,667 | $15.00 | $4.0M | no | Form 4 |
| 2026-05-11 | Leavitt Chase C. See Remarks | Purchase | 3,000 | $15.00 | $45K | no | Form 4 |
| 2026-05-11 | Lucchese Cynthia L Director | Purchase | 125,000 | $15.00 | $1.9M | no | Form 4 |
| 2026-05-11 | Mead Dana G Jr. Director | Purchase | 7,000 | $15.00 | $105K | no | Form 4 |
| 2026-05-11 | Osage University GP III, LLC (+3 joint filers) 10% owner | Purchase | 266,666 | $15.00 | $4.0M | no | Form 4 |
| 2026-05-11 | Osage University GP III, LLC (+3 joint filers) 10% owner | Purchase | 266,667 | $15.00 | $4.0M | no | Form 4 |
| 2026-05-11 | Tansey Casey M Director, 10% owner | Purchase | 66,666 | $15.00 | $1000K | no | Form 4 |
| 2026-06-04: red flag filed | |||||||
| 2026-06-09 | Curnes Nelson Bunker Chief Financial Officer | Purchase | 5,000 | $12.79 | $64K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-03-06 to 2026-07-04. 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.
"As discussed in previous filings (including the Company's annual financial statements for the periods ended December 31, 2024 and 2025 included in the prospectus), the Company had previously concluded that the aforementioned factors raised 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.
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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