Lunai Bioworks Inc. will voluntarily delist after Nasdaq cited a $(9,024,946) stockholders’ deficit, expecting delisting on or about November 12, 2026. CFO Nathen Fuentes resigned immediately, and no successor or interim principal financial officer was appointed.
LNAI · Lunai Bioworks Inc. · Documents
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern for one year after the date the financial statements are issued. ... management has concluded that substantial doubt about the Company's ability to continue as a going concern has not been alleviated.”View the 10-K filed Oct 13, 2026
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Lunai Bioworks Inc. completed the Neurobridge IP Holdings Incorporated acquisition on May 1, 2026 for Series B preferred stock with an aggregate stated value of $20.0 million. It reported a net loss of $3,562,479 for fiscal 2026 and less than one month of available cash as of October 13, 2026.
On October 9, 2026, Lunai Bioworks, Inc. asked Nasdaq to immediately suspend trading in its common stock, citing records from pending litigation; Nasdaq had not decided, and the request did not halt trading.
Lunai Bioworks Inc. anticipates a net loss of approximately $3.2 million for fiscal 2026, versus approximately $178.0 million for fiscal 2025, and plans to file its annual report by the fifteenth calendar day after the prescribed due date.