CABA · Cabaletta Bio, Inc. · Documents
The latest filing states the doubt was alleviated.
“As disclosed in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, we had previously identified conditions that raised substantial doubt about our ability to continue as a going concern. During the quarter ended September 30, 2026, we raised additional funds through the exercise of common stock warrants for proceeds of $115.0 million and sold 1.9 million shares pursuant to the 2025 ATM Program for net proceeds of $6.0 million. As a result of these cash raises, the conditions that previously raised substantial doubt are no longer present.”View the 10-Q filed Nov 5, 2026
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Cabaletta Bio, Inc. reported new Phase 1/2 rese-cel data: 100% (6/6) dermatomyositis patients sustained moderate-to-major responses through one year, 100% (5/5) biopsied lupus nephritis patients achieved DORIS remission, and 71% (5/7) systemic sclerosis patients achieved rCRISS-50.
Cabaletta Bio expects registrational myositis topline results in the second half of 2027 to support a potential BLA submission in the first quarter of 2028. It held $299.4 million in cash and cash equivalents as of September 30, 2026.