Company: LIMN
Filing Date: 2025-02-07
Form Type: 424B3
Source: 0001104659-25-010605
Chunk: 487

Company: Liminatus Pharma, Inc.
Filing Date: 2025-02-07
Form: 424B3
Chunk 487
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 and transaction frequency than active markets. Significant deviations from these estimates and inputs could result in a material change in fair value. The fair value of the Private Placement Warrant liability is classified within Level 3 of the fair value hierarchy. The Company’s warrant liability for the Public Warrants is based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. The fair value of the Public Warrant liability is classified within Level 1 of the fair value hierarchy. The following table presents fair value information as of December 31, 2023 and 2022 of the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value.

| Description                             
 December 31, 2023                       | ​ 
 ​ | ​ 
 ​ | Amount at FairValue 
 ​                   | ​ |          ​ | ​ | ​ 
 ​ | ​ 
 ​ | Level 1 
 ​       | ​ |          ​ | ​ | ​ 
 ​ | ​ 
 ​ | Level 2 
 ​       | ​ | ​ | ​ | ​ 
 ​ | ​ 
 ​ | Level 3 
 ​       | ​ |       ​ | ​ | ​ 
 ​ |
|:----------------------------------------|:--|:--|:--------------------|:--|-----------:|:--|:--|:--|:--------|:--|-----------:|:--|:--|:--|:--------|:--|:--|:--|:--|:--|:--------|:--|--------:|:--|:--|
| Assets:                                 | ​ | ​ | ​                   | ​ |          ​ | ​ | ​ | ​ | ​       | ​ |          ​ | ​ | ​ | ​ | ​       | ​ | ​ | ​ | ​ | ​ | ​       | ​ |       ​ | ​ | ​ |
| Cash equivalents held in Trust Account: | ​ | ​ | ​                   | $ |  4,291,332 | ​ | ​ | ​ | ​       | $ |  4,291,332 | ​ | ​ | ​ | ​       | $ | — | ​ | ​ | ​ | ​       | $ |       — | ​ | ​ |
| Liabilities:                            | ​ | ​ | ​                   | ​ |          ​ | ​ | ​ | ​ | ​       | ​ |          ​