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- $361.5MMarket Cap
- 36.93%1-Year Change
- BiotechnologyIndustry
LARIMAR THERAP (LRMR)
Key Performance
More- Earnings Score: 37
- Momentum Score: 26
- True Yield: N/A
- Financial Health Score: 10
Latest Research & News
Larimar Therapeutics Announces Pricing of Upsized $100 Million Underwritten Public Offering
Larimar Therapeutics (NASDAQ: LRMR), a clinical-stage biotechnology company, announced the pricing of an upsized underwritten public offering of 20 million shares at $5.00 per share, generating $100 million in gross proceeds. The offering is expected to close on February 27, 2026, with proceeds to be used for development of nomlabofusp and general corporate purposes. J.P. Morgan and Guggenheim Securities are serving as joint bookrunning managers.
02/25/2026, 8:59 PM • Benzinga
Larimar Therapeutics Announces Pricing of Upsized $100 Million Underwritten Public Offering
Larimar Therapeutics priced an upsized underwritten public offering of 20 million shares at $5.00 per share, generating $100 million in gross proceeds. The company plans to use the funds to support development of nomlabofusp for Friedreich's ataxia and for general corporate purposes. The offering is expected to close on February 27, 2026, with J.P. Morgan and Guggenheim Securities as joint bookrunning managers.
02/25/2026, 8:59 PM • GlobeNewswire
DJS Law Group is investigating Larimar Therapeutics for potential securities law violations after a clinical study revealed severe allergic reactions, causing the company's stock to drop 33.66%.
10/16/2025, 4:44 AM • Benzinga
DJS Law Group is investigating Larimar Therapeutics for potential securities law violations after a clinical study revealed severe allergic reactions, causing the company's stock to drop 33.66%.
10/15/2025, 9:30 PM • Benzinga
The Schall Law Firm is investigating potential securities law violations by Larimar Therapeutics after the company reported study data with severe allergic reactions, causing a significant stock price drop.
10/15/2025, 9:09 PM • Benzinga
Larimar Therapeutics Stock Falls After Patients Report Allergic Reaction In Pivotal Study
Larimar Therapeutics reported allergic reactions in a pivotal study for nomlabofusp, a treatment for Friedreich's ataxia. Seven participants experienced anaphylaxis, leading to study modifications and stock price decline.
09/29/2025, 11:20 AM • Benzinga
Larimar Therapeutics reported positive results from its ongoing study of nomlabofusp, a potential treatment for Friedreich's Ataxia, showing increased frataxin levels and potential clinical improvements, despite experiencing some anaphylaxis events.
09/29/2025, 7:00 AM • GlobeNewswire
Larimar Therapeutics will host a conference call to discuss updates on its nomlabofusp clinical development program for treating Friedreich's ataxia, sharing data from an ongoing long-term open label study.
09/28/2025, 5:00 PM • GlobeNewswire
Larimar Beats Q2 Loss Estimates
Larimar Therapeutics, a clinical-stage biotech firm, reported Q2 2025 results with a narrower net loss of $0.41 per share. The company continues developing nomlabofusp for Friedreich's ataxia, with ongoing clinical trials and FDA engagement for potential accelerated approval in 2026.
08/14/2025, 7:33 AM • The Motley Fool
Larimar Therapeutics completed a public offering of 21,562,500 common stock shares at $3.20 per share, raising $69.0 million to support drug development and corporate operations.
07/31/2025, 4:15 PM • Benzinga
Larimar Therapeutics Announces Pricing of Underwritten Public Offering
Larimar Therapeutics plans to raise $60 million through a public offering of 18,750,000 common stock shares at $3.20 per share, with proceeds intended to support drug development and corporate operations.
07/29/2025, 11:50 PM • GlobeNewswire
Larimar Therapeutics Announces Proposed Underwritten Public Offering
Larimar Therapeutics is conducting a public offering of common stock and pre-funded warrants to raise funds for developing treatments for rare diseases, specifically focusing on its lead compound nomlabofusp for Friedreich's ataxia.
07/29/2025, 4:01 PM • Benzinga
Peers
Statistics
MoreInformation as of 06/02/2026
Company Profile
Larimar Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare diseases using its novel cell penetrating peptide technology platform. Its lead product candidate is CTI-1601, which is in Phase 2 OLE clinical trial for the treatment of Friedreich's ataxia, a rare, progressive and fatal disease. The company is based in Bala Cynwyd, Pennsylvania.
Key Executives
- Carole S. Ben-Maimon
- Michael Celano
- Gopi Shankar
- Russell G. Clayton
- Francis Michael Conway
Current Ownership Distribution
- Institutions918.2M (92.70%)
- Mutual Funds63.0M (6.36%)
- Insiders9.3M (0.94%)
- Other0 (0.00%)