M&A
confidence high
sentiment negative
materiality 0.70
Niki BioSolutions closes DiamiR merger; acquired firm posts FY2026 net loss and going-concern doubt
Aptorum Group Ltd
- Merger closed July 20, 2026; DiamiR Biosciences became a wholly-owned subsidiary of Niki BioSolutions (formerly Aptorum Group).
- DiamiR FY2026 net loss of $659,936 vs $743,235 in FY2025; revenue grew to $190,355 from $631,729.
- Auditor cites significant working capital deficiency and needs to raise funds; going-concern doubt raised.
- As of May 31, 2026, DiamiR had cash of $112,690, current assets $345,250 and current liabilities $2,191,803.
- DiamiR's outstanding convertible notes are expected to convert to Niki common shares under the merger agreement.