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Adagio Medical Holdings, Inc.

corporate_fare Company Profile

Adagio Medical Holdings, Inc.

ADGM·NASDAQ·Industrial Applications And Services·CIK 0002006986

Adagio Medical Holdings, Inc. is a medical device company that develops and sells products for treating cardiac arrhythmias using its proprietary catheter-based Ultra-Low Temperature Ablation ("ULTA") technology. This technology was previously known as Ultra-Low Temperature Cryoablation ("ULTC"). The company's primary focus is on treating ventricular tachycardia ("VT"), a fast, abnormal heart rhythm originating in the heart's lower chambers (ventricles). VT can impair blood flow and, if sustained, can be fatal, contributing to approximately 300,000 sudden cardiac deaths ("SCD") annually in the United States. Current Radio Frequency ("RF") ablation catheters used for VT were mainly designed and approved for atrial fibrillation ("AF"), making them less optimal for the specific anatomy and disease characteristics of the ventricle. This can lead to complex procedures and sub-optimal outcomes, potentially limiting market growth for VT ablations. Adagio Medical Holdings, Inc.'s clinically tested ULTA products are specifically designed for VT patients, addressing the unique ventricular anatomy and patient needs. The ULTA approach aims to create large, durable lesions that extend through both diseased and healthy muscular tissue of the ventricular myocardium, which the company hypothesizes will improve VT ablation effectiveness and patient outcomes. Their catheters and consoles are designed to create titratable, large, durable, deep lesions within the ventricle using a stable, endocardial (inside the heart) approach without requiring irrigation. In October 2025, the company announced the completion of enrollment in its FULCRUM-VT Pivotal FDA Investigational Device Exemption ("IDE") study. This study evaluates the vCLAS™ Cryoablation System for ablating monomorphic ventricular tachycardia (MMVT) in patients with both ischemic and non-ischemic cardiomyopathy. The vCLAS System, which received Breakthrough Device Designation from the FDA in April 2025, is built on the proprietary ULTA technology platform and typically uses a double freeze cycle (freeze-thaw-freeze) protocol.

Adagio Medical Holdings, Inc. (NASDAQ:ADGM) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 20 items for ADGM at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-10-01, rated 7/10. Across its 20 most recent items scored 7 or higher, the top rating is 9/10, with 17 rated 8 or above. Recent SEC coverage for ADGM spans 8-K, PRE 14A, 10-Q, DEF 14A.

Recent high-impact activity:

  • Adagio Medical Issues 4.98M Shares as Note Holder Converts $776K of Debt
  • Adagio Medical Seeks Shareholder Approval for Up to 1-for-500 Reverse Split to Avoid Nasdaq Delisting
  • Adagio Medical Launches Strategic Review, Cuts Workforce to Preserve Cash
  • Adagio Medical Updates Investor Deck: FDA Approval Expected Q4 2026, Cash at $7.7M
  • Adagio Medical Q2 2026: Cash Drops to $7.7M, Going Concern Warning, Nasdaq Delisting Risk

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$0
Net Income
-$25.08M
Diluted EPS
-$1.51
Op. Cash Flow
-$19.01M
Free Cash Flow
-$19.39M
Gross Profit
-$684K
Operating Income
-$21.89M
Cash & Equivalents
$17.11M
Total Debt
$21.04M
Debt / Equity
1.70×
Shares Outstanding
22.21M sh
Source: 10-K · filed 2026-07-13 · accession 0001104659-26-082769

Short Interest & Short Volume

2.26 days to cover

FINRA reported short interest of 412,796 shares in ADGM as of the September 15, 2026 settlement, a 59.3% increase from the prior period — about 2.3 days to cover at its recent average daily volume. On October 2, 2026, 59.1% of ADGM volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)412,796 shares as of September 15, 2026
Change vs prior period▲ 59.3%
Days to cover2.26 at avg daily volume of 182,972
Daily short volume (FINRA facilities)59.1% of 837,211 shares on October 2, 2026
5-day average short volume51.7%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for ADGM, detected from its recent SEC filings · based on capital-structure filings through 2026-10-01.

Note Holder Converts $776K Debt · Conversion Prices Below Market

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$0.1509 -0.00% today
52-week range · as of 2026-10-01 $0.1201 – $2.58
Market cap
$3.4M
Volume
1.6M (0.8× avg)
3-mo avg 2.1M
Live data · 2026-10-04 16:36 UTC · Market closed

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feed ADGM - Latest Insights

ADGM
Oct 01, 2026, 5:08 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.1535
Real-time Price: $0.1509 info
Change: -$0.0026 (-2%) info
Market Cap: $3.4M info
ADGM
Oct 01, 2026, 4:54 PM EDT
Filing Type: PRE 14A
Importance Score:
8
Price at Filing: $0.1544
Real-time Price: $0.1509 info
Change: -$0.0035 (-2%) info
Market Cap: $3.4M info
ADGM
Sep 23, 2026, 8:00 AM EDT
Source: BusinessWire
Importance Score:
8
Price at Filing: $0.489
Real-time Price: $0.1509 info
Change: -$0.3381 (-69%) info
Market Cap: $3.4M info
ADGM
Aug 13, 2026, 4:37 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.6901
Real-time Price: $0.1509 info
Change: -$0.5392 (-78%) info
Market Cap: $3.4M info
ADGM
Aug 11, 2026, 8:30 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.7033
Real-time Price: $0.1509 info
Change: -$0.5524 (-79%) info
Market Cap: $3.4M info
ADGM
Aug 11, 2026, 8:30 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.7033
Real-time Price: $0.1509 info
Change: -$0.5524 (-79%) info
Market Cap: $3.4M info
ADGM
Jun 12, 2026, 4:33 PM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $0.7999
Real-time Price: $0.1509 info
Change: -$0.649 (-81%) info
Market Cap: $3.4M info
ADGM
Jun 12, 2026, 4:32 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.7999
Real-time Price: $0.1509 info
Change: -$0.649 (-81%) info
Market Cap: $3.4M info
ADGM
May 21, 2026, 4:31 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.861
Real-time Price: $0.1509 info
Change: -$0.7101 (-82%) info
Market Cap: $3.4M info
ADGM
May 12, 2026, 8:05 AM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.9102
Real-time Price: $0.1509 info
Change: -$0.7593 (-83%) info
Market Cap: $3.4M info
ADGM
May 12, 2026, 8:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $0.9102
Real-time Price: $0.1509 info
Change: -$0.7593 (-83%) info
Market Cap: $3.4M info
ADGM
May 12, 2026, 8:05 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $0.940
Real-time Price: $0.1509 info
Change: -$0.7891 (-84%) info
Market Cap: $3.4M info
ADGM
Apr 30, 2026, 5:05 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $0.9801
Real-time Price: $0.1509 info
Change: -$0.8292 (-85%) info
Market Cap: $3.4M info
ADGM
Apr 27, 2026, 6:03 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.64
Real-time Price: $0.1509 info
Change: -$1.49 (-91%) info
Market Cap: $3.4M info
ADGM
Apr 26, 2026, 9:37 AM EDT
Source: Reuters
Importance Score:
9
Price at Filing: $1.51
Real-time Price: $0.1509 info
Change: -$1.36 (-90%) info
Market Cap: $3.4M info
ADGM
Apr 08, 2026, 8:00 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $1.12
Real-time Price: $0.1509 info
Change: -$0.9691 (-87%) info
Market Cap: $3.4M info
ADGM
Mar 27, 2026, 8:48 AM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $1.21
Real-time Price: $0.1509 info
Change: -$1.06 (-88%) info
Market Cap: $3.4M info
ADGM
Mar 27, 2026, 8:46 AM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $1.23
Real-time Price: $0.1509 info
Change: -$1.08 (-88%) info
Market Cap: $3.4M info
ADGM
Mar 27, 2026, 8:42 AM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $1.23
Real-time Price: $0.1509 info
Change: -$1.08 (-88%) info
Market Cap: $3.4M info
ADGM
Mar 27, 2026, 8:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $1.23
Real-time Price: $0.1509 info
Change: -$1.08 (-88%) info
Market Cap: $3.4M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets