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Larimar Therapeutics holders approve raising authorized shares to 215,000,000
Authorized common stock rises from 115,000,000 to 215,000,000 shares, against 103,882,937 shares outstanding at the March 25, 2026 record date.
LRMR Larimar Therapeutics, Inc.

Listings ·
Authorized common stock rises from 115,000,000 to 215,000,000 shares, against 103,882,937 shares outstanding at the March 25, 2026 record date.
Largest stockholder Deerfield and some directors indicated interest in buying. The priced offering is 20,000,000 shares at $5.00, or $94,000,000 to the company before expenses.
Larimar agreed with Blue Owl Healthcare Opportunities IV Public Investments LP to swap 2,500,000 common shares for 250,000 Series A convertible preferred shares. Each preferred share converts into 10 common shares, and closing is expected January 23, 2026.
Each share of Series A convertible preferred stock converts into 10 shares of common stock, subject to certain limitations. The exchange was expected to close on January 23, 2026.
Larimar Therapeutics agreed to swap 2,500,000 common shares held by a Blue Owl fund for 250,000 Series A convertible preferred shares, each convertible into 10 common shares. The filing calls the preferred "toothless," and the holder can raise its conversion blocker to 19.99%.
| Line | FY2025 | FY2024 |
|---|---|---|
| Research and development | $154.2 million | $73.3 million |
| Net income (loss) | -$165.7 million | -$80.6 million |
| Cash from operations | -$113.2 million | -$70.8 million |
| Cash and equivalents | $85.4 million | $33.2 million |
| Short-term investments | $51.4 million | $150.2 million |
Our latest story on this, dated Feb 25, 2026: "Larimar launches $75.0 million stock offering, then prices $100,000,000". The story links the filing or release it is based on. Read the story.
Our latest story on this, dated Jan 22, 2026: "Larimar Therapeutics to exchange 2,500,000 common shares for Series A preferred stock". The story links the filing or release it is based on. Read the story.
Larimar Therapeutics, Inc. trades under the ticker LRMR on NASDAQ.
Larimar Therapeutics, Inc. is listed on NASDAQ. Our directory also records these other listings: GETTEX:ZA71; LS:A2P5PP; LSX:A2P5PP.
The SEC Central Index Key (CIK) for Larimar Therapeutics, Inc. is 1374690. Its filings are on SEC EDGAR.
103,882,937 shares as of 2026-08-02, per the cover page of its 10-Q filed 2026-08-04.
Our directory records Larimar Therapeutics, Inc. under United States.
Our directory classifies Larimar Therapeutics, Inc. as: Biotechnology. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Larimar Therapeutics, Inc. is US5171251003.
aibio.space lists Larimar Therapeutics, Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
Larimar Therapeutics, Inc. reported a net loss of $165.7 million for the fiscal year ended Dec 31, 2025, and used $113.2 million of cash in operations, per its annual report to the SEC.
$154.2 million in the fiscal year ended Dec 31, 2025, per its annual report.
$156.3 million in cash and short-term investments at Jun 30, 2026, per its 10-Q.
Our latest story on Larimar Therapeutics, dated May 19, 2026: "Larimar Therapeutics holders approve raising authorized shares to 215,000,000". Authorized common stock rises from 115,000,000 to 215,000,000 shares, against 103,882,937 shares outstanding at the March 25, 2026 record date. Source.
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-Q. Source
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.07). Source
Filed a final prospectus for a securities offering. SEC Form 424B5. Source
Reported an unregistered sale of its securities. SEC Form 8-K (Items 3.02,5.03,9.01). Source
Reported an unregistered sale of its securities. SEC Form 8-K (Items 3.02,5.03,9.01). Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-Q. Source
Filed a final prospectus for a securities offering. SEC Form 424B5. Source
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