What changed
📄 LIMINATUS PHARMA, INC.
Liminatus Pharma, Inc. is a pre-clinical stage life sciences and pre-revenue company developing a next generation CD47 checkpoint inhibitor under a license agreement. The company holds an exclusive license to develop and commercialize products for the CD47 immune checkpoint inhibitor to treat solid cancers, along with companion diagnostics. It completed a business combination with Iris Acquisition Corp on April 30,2025.
Key risk: Liminatus cannot assure you that it will ever develop, obtain regulatory approval of, commercialize, or generate significant revenue from any product candidate.
Proceeds: We will not receive any of the proceeds from the sale of shares by the Selling Securityholders., We may receive up to approximately $79,350,000 from the exercise of outstanding Public Warrants and approximately $9,608,900 from the exercise of outstanding Private Warrants, assuming cash exercise in full., Net proceeds from warrant exercises, if any, will be used for
Why it matters
Liminatus Pharma, Inc. is a pre-clinical stage life sciences and pre-revenue company developing a next generation CD47 checkpoint inhibitor under a license agreement. The company holds an exclusive license to develop and commercialize products for the CD47 immune checkpoint inhibitor to treat solid cancers, along with companion diagnostics. It completed a business combination with Iris Acquisition Corp on April 30,2025.