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CRESCENT BIOPHARMA, INC.

For the period ended Mar 31, 2026. Filed Apr 29, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 29, 2026

CBIO$13.54+4.6%Stored close · as of Nov 6, 2026

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

See the whole filing, with its images and exhibits

Tableof Contents

PageNo.
Forward-looking Statementsii
Summary Risk Factorsiii
Part IFinancial Information1
Item 1.Financial Statements (Unaudited)1
Condensed Consolidated Balance Sheets (Unaudited)1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)2
Condensed Consolidated Statements of Convertible Preferred Shares and Shareholders’ Equity (Deficit) (Unaudited)3
Condensed Consolidated Statements of Cash Flows (Unaudited)4
Notes to the Condensed Consolidated Financial Statements (Unaudited)5
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Item 3.Quantitative and Qualitative Disclosures About Market Risk36
Item 4.Controls and Procedures36
Part IIOther Information37
Item 1.Legal Proceedings37
Item 1A.Risk Factors37
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds80
Item 3.Defaults Upon Senior Securities80
Item 4.Mine Safety Disclosures80
Item 5.Other Information80
Item 6.Exhibits80
Signatures82

i

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.