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CRESCENT BIOPHARMA, INC.

For the period ended Jun 30, 2026. Filed Jul 30, 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.

Jun 30, 2026 · Filed Jul 30, 2026

CBIO$13.65+0.8%Stored close · as of Nov 9, 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)6
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Item 3.Quantitative and Qualitative Disclosures About Market Risk39
Item 4.Controls and Procedures39
Part IIOther Information40
Item 1.Legal Proceedings40
Item 1A.Risk Factors40
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds85
Item 3.Defaults Upon Senior Securities85
Item 4.Mine Safety Disclosures85
Item 5.Other Information85
Item 6.Exhibits85
Signatures87

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.