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CNTB — Connect Biopharma Holdings Limited

CNTB (Connect Biopharma Holdings Limited) stock: $0.73, $45.9M market cap, $31.5M cash, $14.4M EV, $57.5M fully diluted market cap. Lead program: Rademikibart (Asthma Acute; COPD Exacerbation Acute), Phase 2. Data from Fully Diluted's biotech stocks database.

What they do

Connect Biopharma, headquartered in San Diego, California, is a clinical-stage biopharmaceutical company dedicated to transforming care for asthma and chronic obstructive pulmonary disease (“COPD”). The Company is advancing rademikibart, a next-generation, potentially best-in-class antibody designed to target interleukin-4-receptor alpha (“IL-4Rα”).

Source: 10-K FY2025 via SEC EDGAR

Share price
$0.73
Market cap
$45.9M
Cash
$31.5M
Enterprise value
$14.4M

Balance sheet

Cash$31.5M
Debt$0.0M
Net cash$31.5M
Enterprise value$14.4M
Basic shares63.0M shares
Fully diluted shares78.8M shares
Fully diluted market cap$57.5M
Cash per share$0.50
Quarterly burn$15.9M
Cash runway2.0 quarters

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
63.0M
Pre-funded warrants
0.0M
Options
15.1M
RSUs
0.0M
Warrants
0.0M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
0.7M
FDSO
78.8M

Cap table as of 2026-06-30.

Price history

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Recently reported

Rademikibart Phase 2 Positive · 2026-09-30
CBP-201-207 · asthma acute, copd exacerbation acute
Source release →
rademikibart Phase 2 Mixed · 2026-09-15
Seabreeze STAT (asthma) · acute exacerbations of asthma with type 2 inflammation
Source release →
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