# Liminatus Pharma, Inc.: overview

LIMN · Nasdaq · CIK 1971387 · [Healthcare](/sectors/healthcare.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/limn.md) · [Financials](/companies/limn/financials.md) · [Filings](/companies/limn/filings.md) · [Insiders](/companies/limn/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [(0.03)](/filings/0001104659-25-111651.md) | not reported | [(0.02)](/filings/0001104659-26-062734.md) | [0.00](/filings/0001104659-26-097304.md) | [(0.07)](/filings/0001104659-25-111651.md) | not reported | [(0.03)](/filings/0001104659-26-062734.md) | [(0.03)](/filings/0001104659-26-097304.md) |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | [(387) d](/filings/0001104659-26-037933.md) | not reported | not reported |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: |
| Revenue | $k | not reported | not reported |
| Gross margin | % | not reported | not reported |
| Operating margin | % | not reported | not reported |
| Net margin | % | not reported | not reported |
| Diluted EPS | $ per share | [(0.20)](/filings/0001104659-26-037933.md) | [(0.43)](/filings/0001104659-26-037933.md) |
| Free cash flow | $k | not reported | [(9,976)](/filings/0001104659-26-037933.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/limn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ARISTEIA CAPITAL, L.L.C.](/funds/1080171.md) | 2026-06-30 | $16.3k | 319,510 |  | Unchanged |
| [Linden Advisors LP](/funds/1279396.md) | 2026-06-30 | $13.7k | 268,199 |  | Unchanged |
| [Saba Capital Management, L.P.](/funds/1510281.md) | 2026-06-30 | $11.9k | 233,761 |  | Unchanged |
| [MOORE CAPITAL MANAGEMENT, LP](/funds/1448574.md) | 2026-06-30 | $9.4k | 125,000 |  | Unchanged |
| [MMCAP International Inc. SPC](/funds/1304857.md) | 2026-06-30 | $8.4k | 111,745 |  | Unchanged |
| [Polar Asset Management Partners Inc.](/funds/1326389.md) | 2026-06-30 | $6.3k | 122,688 |  | Unchanged |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $5.3k | 70,616 | Call | Unchanged |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $2.9k | 83,353 |  | Unchanged |
| [TORONTO DOMINION BANK](/funds/947263.md) | 2026-06-30 | $2.6k | 35,100 |  | Unchanged |
| [LMR Partners LLP](/funds/1578621.md) | 2026-06-30 | $2.2k | 29,961 |  | Unchanged |

## Recent filings

[All 108 filings](/companies/limn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-29 | 05:15 ET | [8-K](/filings/0001104659-26-111665.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-111665 |
| 2026-08-18 | 16:06 ET | [8-K](/filings/0001104659-26-098335.md) | 3.01 Delisting notice; 3.03 Change to security holders’ rights; 5.03 Amendment to articles or bylaws; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-098335 |
| 2026-08-14 | 16:51 ET | [10-Q](/filings/0001104659-26-097304.md) | Quarterly report, period 2026-06-30 | 0001104659-26-097304 |
| 2026-08-04 | 16:30 ET | [8-K](/filings/0001104659-26-090423.md) | 5.07 Shareholder vote results | 0001104659-26-090423 |
| 2026-07-30 | 21:49 ET | [8-K](/filings/0001104659-26-088380.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-088380 |
| 2026-07-24 | 16:51 ET | [8-K](/filings/0001104659-26-086674.md) | 3.01 Delisting notice; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-086674 |
| 2026-07-14 | 17:36 ET | [SCHEDULE 13D/A](/filings/0001104659-26-083585.md) | Ownership report, active investor, amended | 0001104659-26-083585 |
| 2026-07-13 | 08:43 ET | [DEF 14A](/filings/0001104659-26-082905.md) | Proxy statement, period 2026-08-03 | 0001104659-26-082905 |
| 2026-07-06 | 09:13 ET | [8-K](/filings/0001104659-26-080613.md) | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 3.02 Unregistered sale of equity; 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001104659-26-080613 |
| 2026-06-24 | 21:28 ET | [S-1](/filings/0001104659-26-076958.md) | Registration statement | 0001104659-26-076958 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-037933.md), filed Mar 31, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1971387
- Tickers: LIMN, LIMNW
- Exchange: Nasdaq
- SIC code: 2836 Biological Products, (No Diagnostic Substances)
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.
