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Liminatus Pharma, Inc.

corporate_fare Company Profile

Liminatus Pharma, Inc.

LIMN·NASDAQ·Life Sciences·CIK 0001971387

Liminatus Pharma, Inc. is a pre-clinical stage, single-asset biopharmaceutical company focused on developing novel cancer therapies that utilize the body's immune system. The Company's primary clinical candidate is a humanized anti-CD47 monoclonal antibody, code-named IBA101. This next-generation CD47 checkpoint inhibitor is initially expected to target patients with advanced solid cancers, including non-small cell lung cancer (NSCLC). CD47 acts as a "do not eat me" signal, allowing cancer cells to avoid detection by the immune system. By blocking CD47, Liminatus aims to promote the uptake of tumor antigens and tumor cells by macrophages. Unlike earlier CD47 agents that often caused anemia and thrombocytopenia due to binding with red blood cells (RBCs) and platelets, Liminatus's next-generation CD47 antibody has demonstrated preferential binding to immune cells, rather than RBCs and platelets, without inducing RBC destruction. This is a key differentiating feature. The Company has completed key preclinical studies, including CMC development and monkey toxicity studies, which support the preparation of an Investigational New Drug (IND) application and a transition into clinical trials. CD47 immune checkpoint inhibitors are anticipated to enter the market primarily as combination therapies with existing PD-1/PD-L1 blockades, rather than as standalone treatments. The global market for PD-1/PD-L1 blockades was estimated at $49.5 billion in 2023.

Liminatus Pharma, Inc. (NASDAQ:LIMN) is a publicly traded company in the Life Sciences sector. Wiseek monitors LIMN SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Nasdaq Denies Second Extension; Delisting Decision Looms for Liminatus Pharma
  • CEO Chris Kim's Valetudo Receives 3.4M Shares and Preferred Stock Convertible into 490M Shares in InnocsAI Deal
  • CEO Chris Kim's Valetudo Discloses 14.3% Stake, Revealing Massive Potential Dilution from InnocsAI Deal
  • CEO-Controlled Entity Disposes of 8.5% of Liminatus Pharma Shares Without Consideration
  • Liminatus Pharma Completes InnocsAI Acquisition, Issuing 1.5 Billion Potential New Shares via Preferred Stock

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
-$10.21M
Diluted EPS
-$0.43
Op. Cash Flow
-$9.96M
Operating Income
-$2.97M
Cash & Equivalents
$337.65K
Total Debt
$1.44M
Debt / Equity
-0.15×
Shares Outstanding
27.06M sh
Source: 10-K · filed 2026-03-31 · accession 0001104659-26-037933

Dilution Risk

Low risk

Filing-implied dilution signals for LIMN, detected from its recent SEC filings · based on capital-structure filings through 2026-06-24.

2 recent capital raises2 shelf registrations

Warrant Exercise Price Reduced · Significant Potential Dilution

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

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

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$0.1042 -0.00% today
52-week range · as of 2026-07-24 $0.095 – $9.38
Market cap
$7.01M
Volume
1.6M (0.0× avg)
3-mo avg 49.3M
Live data · 2026-07-29 03:41 UTC · Market overnight

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feed LIMN - Latest Insights

LIMN
Jul 24, 2026, 4:51 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.1086
Real-time Price: $0.1042 info
Change: -$0.0044 (-4%) info
Market Cap: $7.012M info
LIMN
Jul 14, 2026, 5:46 PM EDT
Filing Type: 4
Importance Score:
8
Price at Filing: $0.1009
Real-time Price: $0.1042 info
Change: +$0.0033 (+3%) info
Market Cap: $7.012M info
LIMN
Jul 14, 2026, 5:36 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
8
Price at Filing: $0.0995
Real-time Price: $0.1042 info
Change: +$0.0047 (+5%) info
Market Cap: $7.012M info
LIMN
Jul 06, 2026, 4:59 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $0.1403
Real-time Price: $0.1042 info
Change: -$0.0361 (-26%) info
Market Cap: $7.012M info
LIMN
Jul 06, 2026, 9:23 AM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $0.160
Real-time Price: $0.1042 info
Change: -$0.0558 (-35%) info
Market Cap: $7.012M info
LIMN
Jul 06, 2026, 9:13 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.1458
Real-time Price: $0.1042 info
Change: -$0.0416 (-29%) info
Market Cap: $7.012M info
LIMN
Jun 30, 2026, 4:30 PM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $0.1563
Real-time Price: $0.1042 info
Change: -$0.0521 (-33%) info
Market Cap: $7.012M info
LIMN
Jun 29, 2026, 8:44 PM EDT
Filing Type: PRE 14A
Importance Score:
9
Price at Filing: $0.108
Real-time Price: $0.1042 info
Change: -$0.0038 (-4%) info
Market Cap: $7.012M info
LIMN
Jun 23, 2026, 9:28 PM EDT
Filing Type: S-1
Importance Score:
9
Price at Filing: $0.1104
Real-time Price: $0.1042 info
Change: -$0.0062 (-6%) info
Market Cap: $7.012M info
LIMN
Jun 03, 2026, 5:14 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.149818
Real-time Price: $0.1042 info
Change: -$0.045618 (-30%) info
Market Cap: $7.012M info
LIMN
Jun 03, 2026, 8:33 AM EDT
Filing Type: 424B3
Importance Score:
9
Price at Filing: $0.178
Real-time Price: $0.1042 info
Change: -$0.0738 (-41%) info
Market Cap: $7.012M info
LIMN
May 27, 2026, 4:33 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.190
Real-time Price: $0.1042 info
Change: -$0.0858 (-45%) info
Market Cap: $7.012M info
LIMN
May 27, 2026, 4:30 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.1897
Real-time Price: $0.1042 info
Change: -$0.0855 (-45%) info
Market Cap: $7.012M info
LIMN
May 21, 2026, 8:28 PM EDT
Source: GlobeNewswire
Importance Score:
9
Price at Filing: $0.2315
Real-time Price: $0.1042 info
Change: -$0.1273 (-55%) info
Market Cap: $7.012M info
LIMN
May 20, 2026, 5:03 PM EDT
Source: Wiseek News
Importance Score:
10
Price at Filing: $0.2199
Real-time Price: $0.1042 info
Change: -$0.1157 (-53%) info
Market Cap: $7.012M info
LIMN
May 20, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
10
Price at Filing: $0.2549
Real-time Price: $0.1042 info
Change: -$0.1507 (-59%) info
Market Cap: $7.012M info
LIMN
May 15, 2026, 4:53 PM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $0.185
Real-time Price: $0.1042 info
Change: -$0.0808 (-44%) info
Market Cap: $7.012M info
LIMN
May 15, 2026, 4:49 PM EDT
Filing Type: 10-Q
Importance Score:
9
Price at Filing: $0.1883
Real-time Price: $0.1042 info
Change: -$0.0841 (-45%) info
Market Cap: $7.012M info
LIMN
Mar 31, 2026, 5:28 PM EDT
Filing Type: 10-K
Importance Score:
9
Price at Filing: $0.1754
Real-time Price: $0.1042 info
Change: -$0.0712 (-41%) info
Market Cap: $7.012M info
LIMN
Mar 17, 2026, 8:08 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $0.2485
Real-time Price: $0.1042 info
Change: -$0.1443 (-58%) info
Market Cap: $7.012M info