8-K/A
filed December 15, 2025, 6:59 PM ET
ticker MNKD
CIK 0000899460
M&A
confidence high
sentiment negative
materiality 0.70
MannKind pro forma shows $36.1M net loss for H1 2025 post-scPharma acquisition
MANNKIND CORP
- Acquired scPharma for $5.35/share cash plus CVR (up to $1.00/share); total consideration $396.4M cash.
- Pro forma combined net loss of $36.1M for six months ended June 30, 2025 vs. MannKind standalone net income of $13.8M.
- Pro forma combined net loss of $96.9M for year ended Dec 31, 2024 (MannKind $27.6M income, scPharma $85.1M loss).
- Acquisition financed via $325M term loan (initial $75M, DDTL $75M, incremental $175M) at SOFR + 4.75% margin.
- Pro forma total assets $765.8M, total liabilities $832.6M, stockholders' deficit $66.8M as of June 30, 2025.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001193125-25-319170
- form_type
- 8-K/A
- ticker
- MNKD
- cik
- 0000899460
- company_name
- MANNKIND CORP
- filed_at
- 2025-12-15T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:42.544847+00:00
- generated_at
- 2026-05-16T13:18:54.681656+00:00
- sec_items
- ["9.01"]
- event_type
- m_and_a
- sentiment
- negative
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001193125-25-319170
- json_url
- https://secwatch.observer/filing/0001193125-25-319170.json
- markdown_url
- https://secwatch.observer/filing/0001193125-25-319170.md
- text_url
- https://secwatch.observer/filing/0001193125-25-319170.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/899460/000119312525319170/0001193125-25-319170-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/899460/000119312525319170/mnkd-20251007.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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