Home / Going-concern warnings / RELMADA THERAPEUTICS, INC.
Filed 2026-03-19 路 Form 10-K 路 Accession 0001213900-26-031862 small
Price before filing: $6.21 (2026-03-18 close, split/dividend-adjusted)
Market cap at flag: $541.2M (2026-03-19) 路 Latest: $348.4M (2026-10-16)
| Window | RLMD | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +18.7% | +7.4% | +11.2% | 2026-04-20 |
| 90 days | +6.3% | +12.3% | -6.0% | 2026-06-17 |
| 180 days | -28.5% | +15.1% | -43.6% | 2026-09-15 |
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: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-19 to 2026-04-18. 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 raised 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-K (period 2025-12-31)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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