Home / Going-concern warnings / PROKIDNEY CORP.
Filed 2026-08-10 路 Form 10-Q 路 Accession 0001193125-26-342373 small
Price before filing: $1.64 (2026-08-07 close, split/dividend-adjusted)
Market cap at flag: $715.5M (2026-08-10) 路 Latest: $563.1M (2026-10-16)
| Window | PROK | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +12.8% | -1.4% | +14.2% | 2026-09-09 |
| 90 days | pending | pending | until 2026-11-08 | |
| 180 days | pending | pending | until 2027-02-06 |
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: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $1.1M (6 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-08-10: red flag filed | |||||||
| 2026-08-18 | Pereira Brian JG Director | Sale | 229,338 | $1.37 | $314K | no | Form 4 |
| 2026-08-18 | Pereira Brian JG Director | Sale | 27,826 | $1.37 | $38K | no | Form 4 |
| 2026-08-19 | Pereira Brian JG Director | Sale | 222,949 | $1.44 | $321K | no | Form 4 |
| 2026-08-19 | Pereira Brian JG Director | Sale | 27,051 | $1.44 | $39K | no | Form 4 |
| 2026-08-20 | Pereira Brian JG Director | Sale | 222,948 | $1.42 | $317K | no | Form 4 |
| 2026-08-20 | Pereira Brian JG Director | Sale | 27,052 | $1.42 | $38K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-12 to 2026-09-09. 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 matters raise substantial doubt about the Company's 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 2026-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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