Home / Restatements / GT Biopharma, Inc.

5/5GT Biopharma, Inc. (GTBP): Non-reliance / restatement

Filed 2026-03-02 路 Form 8-K 路 Accession 0001493152-26-008442 nano

Market data

Price before filing: $11.95 (2026-02-27 close, split/dividend-adjusted)
Market cap at flag: $10.7M (2026-03-02) 路 Latest: $10.9M (2026-10-16)

What happened next

WindowGTBPSPYvs SPY
30 days-14.3%-4.2%-10.1%2026-04-01
90 days-7.5%+10.9%-18.4%2026-06-01
180 days-40.2%+12.4%-52.6%2026-08-31

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.

Insider trading around this filing

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 2025-12-02 to 2026-04-01. 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.

Verified excerpt

"Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

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

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