Microcap Ledger

Tickers · $CNTB

Connect Biopharma Holdings Ltd $CNTB

By Microcap Ledger desk · CIK 0001835268

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
Pharmaceutical Preparations
Headquarters
San Diego, CA
Fiscal year end
December 31
Shares outstanding
62,974,309 [10-Q 2026-08-12]
as of 2026-07-31

Sources: [10-K 2026-03-31]

What the company doesAI summary of filing

Connect Biopharma is a clinical-stage biopharmaceutical company developing rademikibart, a human monoclonal antibody targeting IL-4 receptor alpha for the treatment of asthma and chronic obstructive pulmonary disease (COPD). The company is advancing two Phase 2 trials evaluating rademikibart for acute exacerbations of asthma and COPD, with topline data expected in mid-2026, and has also completed Phase 2 trials in chronic asthma and atopic dermatitis. The company generates revenue through a licensing agreement with Simcere Pharmaceutical for Greater China rights, having received $27.5 million in upfront and milestone payments to date, and is eligible for up to $110 million in additional milestones plus royalties. Connect is pre-revenue from product sales and depends on external capital for continued development. [10-K 2026-03-31]

Segments: Rademikibart for acute asthma exacerbations, Rademikibart for acute COPD exacerbations, Rademikibart for chronic asthma, Rademikibart for atopic dermatitis

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$2.94M−$36.68M −$31.93M$27.02M[10-Q 2026-08-12]
FY ended Dec 2025$64.0K−$55.48M −$51.21M$38.34M[10-K 2026-03-31]
FY ended Dec 2024$26.03M−$15.63M −$23.61M$78.23M[10-K 2026-03-31]
Quarterly cash burn
−$15.96M
Cash runway Estimate
~5.1 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2023-12-3155,102,954[20-F 2024-04-16]
2025-03-2155,349,208[10-K 2025-03-31]
2025-04-3055,561,056[10-Q 2025-05-15]
2025-07-3155,721,657[10-Q 2025-08-13]
2025-10-3155,903,513[10-Q 2025-11-12]
2026-03-2656,521,282[10-K 2026-03-31]
2026-04-3062,963,853[10-Q 2026-05-12]
2026-07-3162,974,309[10-Q 2026-08-12]
Shelf registration
F-3 filed 2026-05-15; declared effective 2026-06-01 [F-3 2026-05-15]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-30Xanthopoulos Kleanthis Gabrielgrant5,000—[4 2026-10-01]
2026-09-30Liu Jean Igrant8,984—[4 2026-10-01]
2026-06-30Xanthopoulos Kleanthis Gabrielgrant3,738—[4 2026-07-01]
2026-06-30Liu Jean Igrant6,718—[4 2026-07-01]
2026-05-29Huang Jamesbuy150,000$2.48[4 2026-06-02]
2026-03-31Xanthopoulos Kleanthis Gabrielgrant2,816—[4 2026-04-02]
2026-03-31Liu Jean Igrant5,061—[4 2026-04-02]
2026-03-31Huang Jamesbuy1,160,000$3.45[4 2026-04-01]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.