Company: LIMN
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001104659-25-006325
Chunk: 469

Company: Liminatus Pharma, Inc.
Filing Date: 2025-01-27
Form: POS AM
Chunk 469
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 common stock. Earnings and losses are shared pro rata between the two classes of shares. The Company has not considered the effect of the warrants sold in the IPO and the Private Placement to purchase an

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TABLE OF CONTENTS

IRIS ACQUISITION CORP NOTES TO FINANCIAL STATEMENTS aggregate of 11,913,333 of the Company’s Class A common stocks in the calculation of diluted income per share, since their exercise is contingent upon future events. As a result, diluted net (loss) income per share of common stock is the same as basic net income per share of common stock for the periods. Accretion of the carrying value of Class A common stocks to redemption value is excluded from net income per common stock because the redemption value approximates fair value. The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per share for each class of common stock:

| ​                                              | ​ | ​ | Year EndedDecember 31, 2023 |   |           |   |   |   |         |   |           |   | ​ | ​ | Year EndedDecember 31, 2022 |   |            |   |   |   |         |   |           |   | ​ |
|:-----------------------------------------------|:--|:--|:----------------------------|:--|----------:|:--|:--|:--|:--------|:--|----------:|:--|:--|:--|:----------------------------|:--|-----------:|:--|:--|:--|:--------|:--|----------:|:--|:--|
| ​                                              | ​ | ​ | Class A                     |   |           |   | ​ | ​ | Class B |   |           |   | ​ | ​ | Class A                     |   |            |   | ​ | ​ | Class B |   |           |   | ​ |
| Basic and diluted net (loss) income per share: | ​ | ​ | ​                           | ​ |         ​ | ​ | ​ | ​ | ​       | ​ |         ​ | ​ | ​ | ​ | ​                           | ​ |          ​ | ​ | ​ | ​ | ​       | ​ |         ​ | ​ | ​ |
| Numerator:                                     | ​ | ​ | ​                           | ​ |         ​ | ​ | ​ | ​ | ​       | ​ |         ​ | ​ |