Company: LIMN
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001104659-25-006325
Chunk: 514

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-27
Form: POS AM
Chunk 514
---
2024 Loans          | ​ | ​ | Short-term debt, net, related parties | ​ | ​ | ​                 | ​ |    790 | ​ | ​ | ​ | ​                | ​ |      — | ​ | ​ |
| Prophase July 2024 Loans         | ​ | ​ | Short-term debt, net, related parties | ​ | ​ | ​                 | ​ |     83 | ​ | ​ | ​ | ​                | ​ |      — | ​ | ​ |
| Prophase August 2024 Loans       | ​ | ​ | Short-term debt, net, related parties | ​ | ​ | ​                 | ​ |     50 | ​ | ​ | ​ | ​                | ​ |      — | ​ | ​ |
| Hana Loans                       | ​ | ​ | Short-term debt, net, related parties | ​ | ​ | ​                 | ​ |    850 | ​ | ​ | ​ | ​                | ​ |      — | ​ | ​ |
| Short-term debt, related parties | ​ | ​ | ​                                     | ​ | ​ | ​                 | $ | 19,273 | ​ | ​ | ​ | ​                | $ | 16,050 | ​ | ​ |

F-66

TABLE OF CONTENTS

#### LIMINATUS PHARMA, LLC

### NOTES TO CONDENSED FINANCIAL STATEMENTS

#### SEPTEMBER 30, 2024
<div align='center'>**(Unaudited)**</div>

As of September 30, 2024 and December 31, 2023, the Company’s outstanding debt agreements are all classified as current as all are past due with the exception of the Ewon December 2023 Loan, Prophase August 2024 Loans and approximately $0.6 million of the Hana Loans, which are due within one year. All of the loans are with related parties (see Note 4).

As the Company’s loans are with related parties, the Company and its related parties have mutually agreed to defer repayment of the past due loans until the completion of the Company’s business combination with Iris.

#### Note 6. Members’ Deficit
On May 20, 2018, the Company issued 10,000,000 Class A member units for $0.1 million to its Initial Member. On June 11, 2018, in connection with the Initial Member unit issuance, the Company granted equity-classified options to purchase 16