Microcap Ledger

Tickers · $RANI

Rani Therapeutics Holdings, Inc. $RANI

By Microcap Ledger desk · CIK 0001856725

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Market
Sector
Pharmaceutical Preparations
Headquarters
San Jose, CA
Fiscal year end
December 31

Sources: [10-K 2026-03-26]

What the company doesAI summary of filing

Rani Therapeutics is a clinical-stage biopharmaceutical company developing the RaniPill capsule, an oral delivery platform designed to deliver biologics such as antibodies, proteins, peptides, and oligonucleotides. The company has no approved products and has not generated revenue from commercial product sales. Rani is advancing multiple product candidates in clinical and preclinical development, including RT-114 (a GLP-1/GLP-2 dual agonist for obesity, which entered Phase 1 trials in December 2025), RT-116 (semaglutide for obesity), RT-111 (ustekinumab biosimilar for inflammatory conditions, which completed a Phase 1 study), and RT-105 (adalimumab biosimilar for inflammatory conditions, currently paused). The company also entered into a collaboration with Chugai Pharmaceutical in October 2025 for RT-117, combining Chugai's antibody with the RaniPill HC platform for hemophilia treatment, and received a $10 million upfront payment plus potential milestone and royalty payments. [10-K 2026-03-26]

Segments: RT-114 (GLP-1/GLP-2 dual agonist for obesity), RT-116 (semaglutide for obesity), RT-111 (ustekinumab biosimilar for inflammatory conditions), RT-105 (adalimumab biosimilar for inflammatory conditions)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$3.42M−$14.42M −$15.52M$4.87M[10-Q 2026-08-13]
FY ended Dec 2025$1.63M−$29.67M −$18.71M$18.62M[10-K 2026-03-26]
FY ended Dec 2024$1.03M−$30.02M −$35.50M$3.76M[10-K 2026-03-26]
Quarterly cash burn
−$7.76M
Cash runway Estimate
~1.9 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Shelf registration
S-3 filed 2025-11-07; declared effective 2025-12-03 [S-3 2025-11-07]

Listing status

Current status: 3 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-05-15. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-05-158-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-05-15]
2025-06-268-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-06-26]
2025-05-068-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-05-06]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-27Imran Talatother7,928$0.76[4 2026-09-29]
2026-09-27Javadi Alirezaother309$0.76[4 2026-09-29]
2026-07-21Imran Mir Abuy36,000$0.69[4 2026-07-23]
2026-07-17Imran Talatbuy35,000$0.72[4 2026-07-21]
2026-06-27Javadi Alirezaother309$0.74[4 2026-07-21]
2026-06-27Imran Talatother7,927$0.74[4 2026-07-21]
2026-03-27Javadi Alirezasell386$0.78[4 2026-07-21]
2026-03-27Imran Talatother9,099$0.81[4 2026-07-21]
2026-03-22Imran Talatother8,916$1.13[4 2026-07-21]
2025-12-27Imran Talatother7,906$1.40[4 2026-07-21]
2025-09-27Imran Talatother9,077$0.48[4 2026-07-21]
2025-06-27Imran Talatother9,076$0.55[4 2026-07-21]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.