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Lantern Pharma Inc

LTRN
PublicArchived
Public / ArchivedUnited StatesUSUnited States(Nasdaq)Best valuation $49.5M1 market

Public listing

Listed· Nasdaq· Listing market: United StatesUS United States
Listing date
Not available
Offer price
Not available
Shares offered
Not available
Offering proceeds
Not available

Sources: sec-edgar, sec-harvest, nasdaq

IPO Calendar
IPO Calendar · NasdaqIPO
LTRN
Price
$3.88
24h
+2.37%
Valuation
$49.5M
24h volume
$405.21K
Type
IPO
IPO CalendarTrade Lantern Pharma Inc

Now trading publicly. Buy via a broker — opens in a new tab.

IPO Calendar · updated 1h ago

Lantern Pharma Inc IPO public float & lock-up

Public float and locked shares extracted from Lantern Pharma Inc's SEC prospectus. Shares shown are eligible to trade — lock-up expiry does not mean holders have sold or will sell.

424B4Jan 15, 2021
Total shares (FD)
10.5M
Public float
4.29M
Locked
6.22M
IPO raise
Next unlock

Needs review: Could not extract a detailed lock-up release schedule.

Financials

Unprofitable

From SEC filings, latest FY ending Dec 31, 2025 · CIK 0001763950.

Revenue
Net income
-$17.12M
Gross margin
Cash
$4.42M
Metric20252024202320222021
Operating income-$17.98M-$22.22M-$17.88M-$14.43M-$12.59M
Net income-$17.12M-$20.78M-$15.96M-$14.26M-$12.36M
R&D expense$11.51M$16.13M$11.89M$8.6M$7.57M
Cash & equivalents$4.42M$7.51M$21.94M$37.2M$51.52M
Total assets$11.04M$25.57M$43.65M$58.84M$73.95M
Total liabilities$4.5M$4.38M$2.74M$2.8M$2.38M
Shareholders' equity$6.53M$21.19M$40.91M$56.04M$71.57M

About Lantern Pharma Inc

Lantern Pharma Inc is a healthcare and life-sciences company with a business profile centered on medical products, therapies, diagnostics, or health-related services.

What the company does

  • Develops healthcare products, therapies, devices, or services where clinical evidence and regulatory execution are central to the business.
  • Operates in a market shaped by product differentiation, development timelines, reimbursement or customer adoption, and disciplined capital allocation.
  • Relies on technical, clinical, commercial, and operational teams to move products from development toward broader use.

Business profile

Lantern Pharma Inc belongs to the healthcare and life-sciences market, where product evidence, regulatory pathways, customer adoption, and funding discipline shape long-term outcomes.

SEC IPO filings

Effective

EDGAR filings resolved from LTRN / CIK 0001763950.

S-1S-1
Jun 12, 2026Filed0001493152-26-028460
Jun 6, 2024SEC correspondence0001493152-24-022884
Jun 3, 2024SEC correspondence0000000000-24-006316
Jul 8, 2021SEC correspondence0001213900-21-036182
Jul 7, 2021SEC correspondence0000000000-21-008376
Jan 11, 2021SEC correspondence0001213900-21-001391

Latest Lantern Pharma Inc IPO news

Recent sourced articles classified for IPO relevance, with platform-access noise filtered out where possible.

Lantern Pharma Inc. Announces Closing of up to $9.25 Million Registered Direct Offering
U.S. Securities and Exchange Commission (SEC)May 14, 2026Market news

Lantern Pharma (NASDAQ: LTRN) announced the closing of its registered direct offering of 2,135,923 shares (or pre-funded warrants in lieu) at $2.06 per share, raising about $4.4 million in gross proceeds, with unregistered warrants potentially adding about $4.85 million upon full exercise. The company stated Rodman & Renshaw acted as the exclusive placement agent and said proceeds are intended for working capital and general corporate purposes.

Lantern Pharma Inc IPO — frequently asked questions

When did Lantern Pharma Inc go public?
Lantern Pharma Inc has already gone public and now trades publicly on Nasdaq under the ticker LTRN.
Can I buy Lantern Pharma Inc stock?
Yes — Lantern Pharma Inc is publicly traded on Nasdaq as LTRN. You can follow its live price, valuation and post-IPO performance above.
What is Lantern Pharma Inc's valuation?
Lantern Pharma Inc's most recent valuation tracked here is $49.5M, derived from live market prices.