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Cogent Biosciences Inc

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

COGT$31.64-5.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity

(In thousands, except share amounts)

Series A Non-Voting Convertible · Series B Non-Voting Convertible · Additional · Accumulated · Total
Preferred Stock · Preferred Stock · Common Stock · Paid-in · Other Comprehensive · Accumulated · Stockholders’
SharesAmountSharesAmountSharesAmountCapital(Income) LossDeficitEquity
Balances at December 31, 2021103,289$85,400—$—43,805,922$44$399,713$—$(270,973)$214,184
Issuance of common stock in underwritten public offering, net of offering costs of $10.8 million————17,899,69818161,897——161,915
Pre-funded warrant exercise————2,424,242222——24
Conversion of Series A non-voting convertible preferred stock into common stock(22,239)(19,570)——5,559,750619,564———
Issuance of common stock under Employee Stock Purchase Plan————49,000—351——351
Issuance of common stock from exercises————154,822—1,238——1,238
Unrealized losses on marketable securities———————(104)—(104)
Stock-based compensation expense——————18,368——18,368
Net loss————————(140,241)(140,241)
Balances at December 31, 202281,050$65,830—$—69,893,434$70$601,153$(104)$(411,214)$255,735
Issuance of common stock in underwritten public offering, net of offering costs of $10.7 million————14,375,00014161,775——161,789
Conversion of Series A non-voting convertible preferred stock into common stock(6,585)(5,795)——1,646,25025,793———
Issuance of common stock under Employee Stock Purchase Plan————85,878—752——752
Issuance of common stock from exercises————123,687—965——965
Unrealized gains on marketable securities———————350—350
Stock-based compensation expense——————30,621——30,621
Net loss————————(192,410)(192,410)
Balances at December 31, 202374,465$60,035—$—86,124,249$86$801,059$246$(603,624)$257,802
Issuance of Series B non-voting convertible preferred stock and common stock, net of issuance costs of $11.7 million, in connection with the Private Placement——12,28087,31117,717,99718125,958——213,287
Exchange of common stock for Series B non-voting convertible preferred stock——8,30074,754(8,300,000)(8)(74,746)———
Conversion of Series B non-voting convertible preferred stock into common stock——(13,712)(107,980)13,712,00013107,967———
Conversion of Series A non-voting convertible preferred stock into common stock(4,000)(3,520)——1,000,00013,519———
Issuance of common stock under Employee Stock Purchase Plan————176,893—916——916
Issuance of common stock from exercises————30,590—199——199
Unrealized gains on marketable securities———————201—201
Stock-based compensation expense——————39,740——39,740
Net loss————————(255,859)(255,859)
Balances at December 31, 202470,465$56,5156,868$54,085110,461,729$110$1,004,612$447$(859,483)$256,286
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.