HOMEPAGE
Fully Diluted Subscribe

Nasdaq · Biotech stocks database

RANI — Rani Therapeutics Holdings Inc.

RANI (Rani Therapeutics Holdings Inc.) stock: $0.55, $76.2M market cap, $4.9M cash, $85.1M EV, $196.6M fully diluted market cap. Lead program: PG-102 (Obesity), Phase 1. Data from Fully Diluted's biotech stocks database.

What they do

We are a clinical stage biotherapeutics company focusing on advancing technologies to enable the administration of biologics and drugs orally, to provide patients, physicians, and healthcare systems with a convenient alternative to painful injections. We are advancing a portfolio of oral therapeutics using our proprietary delivery technology and we are actively pursuing partnering the technology with third party biopharmaceutical companies for the oral delivery of their biologics and drugs.

Source: 10-K FY2025 via SEC EDGAR

Share price
$0.55
Market cap
$76.2M
Cash
$4.9M
Enterprise value
$85.1M

Balance sheet

Cash$4.9M
Debt$13.8M
Net cash-$8.9M
Enterprise value$85.1M
Basic shares139.4M shares
Fully diluted shares357.4M shares
Fully diluted market cap$196.6M
Cash per share$0.03
Quarterly burn$9.0M
Cash runway0.5 quarters

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

Share structure

Common
139.4M
Pre-funded warrants
86.5M
Options
—
RSUs
—
Warrants
131.6M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
357.4M

Cap table as of 2026-02-28.

Price history

Loading RANI daily closes…

Loading price history…

Next catalyst

RT-114 · Dec 1-31 · guided in 24d

Recently reported

PG-102 Positive · 2026-07-15
Source release →
Get the weekly biotech catalyst rundown.
Cash runways, financings, and trial readouts for all 721 stocks.
Subscribe to Compounding Ego