Company: LIMN
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001410578-25-001746
Chunk: 242

Company: Liminatus Pharma, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 242
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2024, the balance of the Amantes Loans is $1.0 million and $0.7 million, respectively. As of March 31, 2025 and December 31, 2024, the related accrued interest of the loans from Amantes was less than $0.1 million, respectively, and is included in accrued interest, related parties in the unaudited condensed balance sheets. For the three months ended March 31, 2025 and 2024, interest expense related to the Amantes Loans was less than $0.1 million and $0, respectively.

See Note 5 for discussion related to notes which have passed their maturity dates.

Due to Related Party

As of March 31, 2025 and December 31, 2024, the Company has $0.2 million due to the CEO of the Company for compensation under his employment agreement.

Viral Gene

As of March 31, 2025 and December 31, 2024, the Company has $0.1 million due from Viral Gene included in due from related party in the unaudited condensed balance sheets for a loan to Viral Gene and expenses paid on behalf of Viral Gene. The Company’s CEO is also the CEO of Viral Gene. The loan does not bear any interest.

<div align='center'>F-32</div>

Note 5. Debt The Company has the following debt outstanding as of March 31, 2025 and December 31, 2024 (in thousands):

| ​                                | ​ 
 ​ | ​                                     | ​ 
 ​ | ​ |              ​ 
 March 31, 2025 | ​ | ​ |                 ​ 
 December 31, 2024 |
|:---------------------------------|:--|:--------------------------------------|:--|:--|---------------:|:--|:--|------------------:|
| Feelux Bonds                     | ​ | Short-term debt, net, related parties | ​ | $ |         10,000 | ​ | $ |            10,000 |
| Car-Tcellkor Loan                | ​ | Short-term debt, net, related parties | ​ | ​ |            800 | ​ | ​ |               800 |
| Ewon Loan                        |   | Short-term debt, net, related parties |   | ​ |          2,000 | ​ |   |             2,000 |
| Valetudo Loan                    |   | Short-term debt, net, related