Company: LIMN
Filing Date: 2025-02-07
Form Type: 424B3
Source: 0001104659-25-010605
Chunk: 213

Company: Liminatus Pharma, Inc.
Filing Date: 2025-02-07
Form: 424B3
Chunk 213
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 Combination is deemed to have occurred for the purposes of the unaudited pro forma condensed combined statements of operations. This is a non-recurring item. (ee) Reflects the elimination of interest expense on the $10.0 million Liminatus short-term debt, which is expected to be settled upon the closing of the Business Combination, as discussed in Note 2(m) above. (ff) Reflects the elimination of change in fair value of derivative liability, which is expected to be settled upon the closing of the Business Combination, as discussed in Note 2(n) above. (gg) Reflects an adjustment to eliminate income taxes due to interest income related to the Trust Account. 3. Loss per Share Represents the net loss per share calculated using the historical weighted average shares of Liminatus exchanged common shares outstanding, and the issuance of additional shares in connection with the Business Combination and other related events, assuming the shares were outstanding since January 1, 2023. As the Business Combination and other related events are being reflected as if they had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the shares issuable in connection with the Business Combination have been outstanding for the entire period presented. No unexercised stock options and warrants, which are discussed elsewhere in this proxy statement/prospectus, were included in the earnings per share calculation as they would be anti-dilutive.

| ​                                                                            | ​ | ​ | Nine Months Ended September 30, 2024 |   |            |   |   |   |                            |   |            |   | ​ | ​ | Year Ended December 31, 2023     |   |            |   |   |   |                            |   |            |   | ​ |
|:-----------------------------------------------------------------------------|:--|:--|:-------------------------------------|:--|-----------:|:--|:--|:--|:---------------------------|:--|-----------:|:--|:--|:--|:---------------------------------|:--|-----------:|:--|:--|:--|:---------------------------|:--|-----------:|:--|:--|
| ​                                                                            | ​ | ​ | Assuming NoAdditionalRedemptions     |   |            |   | ​ | ​ | AssumingMaximumRedemptions |   |            |   | ​ | ​ | Assuming NoAdditionalRedemptions |   |            |   | ​ | ​ |