ADGM · Adagio Medical Holdings, Inc.

Substantial doubt about the company's ability to continue as a going concern.

“We do not believe our existing cash and cash equivalents will be sufficient to fund operations for at least the next twelve months from the issuance date of the condensed consolidated financial statements included elsewhere in this Quarterly Report on Form 10-Q. We believe that this raises substantial doubt about our ability to continue as a going concern.”