ENHA · Enhanced Group Inc.

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

“As of June 30, 2026, the Company held $19.6 million in cash and cash equivalents and had an accumulated deficit of $110.4 million. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within twelve months after the date the condensed consolidated financial statements included herein were issued. Management has evaluated these conditions and is pursuing plans to address the substantial doubt, including raising additional capital through equity offerings, debt facilities, or strategic partnerships, negotiating extended payment terms with vendors, as well as actively managing operating expenditures. However, there can be no assurance that such plans will be successfully implemented, that additional financing will be available on terms acceptable to the Company, or at all. As a result, management has concluded that substantial doubt about the Company’s ability to continue as a going concern has not been alleviated as of the date of issuance of the condensed consolidated financial statements included herein.”