Home / Going-concern warnings / Humacyte, Inc.
Filed 2026-03-27 路 Form 10-K 路 Accession 0001818382-26-000004 micro
Price before filing: $0.7784 (2026-03-26 close, split/dividend-adjusted)
Market cap at flag: $133.7M (2026-03-27) 路 Latest: $100.5M (2026-10-16)
| Window | HUMA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +3.5% | +10.9% | -7.3% | 2026-04-27 |
| 90 days | -20.3% | +14.1% | -34.5% | 2026-06-25 |
| 180 days | -27.3% | +19.6% | -47.0% | 2026-09-23 |
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.
"As discussed in Note 1 to the consolidated financial statements, the Company has incurred operating losses and negative cash flows from operations since inception that raise 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.
Going-concern opinion issued by: PricewaterhouseCoopers LLP
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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