---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014189"
form_type: "8-K/A"
ticker: "ADGM"
cik: "0002006986"
company_name: "Adagio Medical Holdings, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:25:55.099603+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Adagio Medical restates FY2023 financials due to duplicate interest accounting; net loss reduced by $1.6M

## Summary
- Restatement corrects double-counting of accrued interest on convertible notes; net loss for 2023 reduced by $1.556M to $36.590M.
- Convertible notes payable reduced by $1.556M to $36.430M as of Dec 31, 2023; accumulated deficit revised to $133.649M.
- Auditor's report includes going concern doubt: $1.4M cash on hand, $133.6M accumulated deficit, recurring losses.
- Company completed SPAC merger with ARYA on July 31, 2024; filing restates legacy financials for periods before that transaction.
- Net cash used in operations was $25.7M for 2023; working capital deficit of $42.0M as of Dec 31, 2023.

## SEC filing metadata
- accession: 0001558370-24-014189
- form_type: 8-K/A
- ticker: ADGM
- cik: 0002006986
- company_name: Adagio Medical Holdings, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2006986/000155837024014189/0001558370-24-014189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2006986/000155837024014189/adgm-20240731x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014189
- JSON: https://secwatch.observer/filing/0001558370-24-014189.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014189.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.