Home / Going-concern warnings / NEONC TECHNOLOGIES HOLDINGS, INC.
Filed 2026-03-31 路 Form 10-K 路 Accession 0001829126-26-002860 micro
Price before filing: $7 (2026-03-30 close, split/dividend-adjusted)
Market cap at flag: $163.3M (2026-03-31) 路 Latest: $66.6M (2026-10-16)
| Window | NTHI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -36.9% | +13.7% | -50.6% | 2026-04-30 |
| 90 days | -36.7% | +17.6% | -54.3% | 2026-06-29 |
| 180 days | -54.9% | +21.8% | -76.6% | 2026-09-28 |
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: 4 insiders bought $435K (11 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-03-31: red flag filed | |||||||
| 2026-04-02 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 20,000 | $6.09 | $122K | no | Form 4 |
| 2026-04-06 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 5,000 | $6.32 | $32K | no | Form 4 |
| 2026-04-08 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 10,000 | $5.61 | $56K | no | Form 4 |
| 2026-04-09 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 5,000 | $5.19 | $26K | no | Form 4 |
| 2026-04-09 | SUH, DAVID JR. Chief Accounting Officer | Purchase | 200 | $5.00 | $1K | no | Form 4 |
| 2026-04-10 | CHEN THOMAS C Chief Scientific Officer, Director, 10% owner | Purchase | 948 | $5.17 | $5K | no | Form 4/A |
| 2026-04-10 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 10,000 | $4.89 | $49K | no | Form 4 |
| 2026-04-23 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 10,000 | $4.90 | $49K | no | Form 4 |
| 2026-04-23 | Neman-Ebrahim Yousha Chief Clinical Officer | Purchase | 500 | $4.88 | $2K | no | Form 4 |
| 2026-04-24 | CHEN THOMAS C Chief Scientific Officer, Director, 10% owner | Purchase | 10,000 | $4.80 | $48K | no | Form 4/A |
| 2026-04-28 | Heshmatpour Amir F President, Director, 10% owner | Purchase | 10,000 | $4.52 | $45K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-31 to 2026-04-30. 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.
"We believe there is substantial doubt about our ability to continue as a going concern as of the date of this Annual Report on Form 10-K. The report of our independent registered public accounting firm on our financial statements as of and for the year ended December 31, 2025 included an explanatory paragraph indicating that there was substantial doubt about our ability to continue as a going concern for the next..."
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.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.