Steven Nathan
Steven Nathan, M.D. to serve as a Class I director effective March 11, 2024
Highest-materiality recent filing
Gossamer Bio exchanges 90.5% of 5% notes for new 7.5% notes, stock, and warrants
$181M of 5% Convertible Senior Notes due 2027 tendered and cancelled (90.5% of outstanding).
Gossamer Bio shareholders re-elect directors, ratify EY, approve say-on-pay
Faheem Hasnain re-elected as Class II director with 92.3M for, 26.7M withheld, 45.5M broker non-votes.
Gossamer Bio extends early tender deadline for exchange offer; $181M of notes tendered
Early tender deadline extended to 5:00 p.m. ET on June 2, 2026; early settlement expected June 4, 2026.
Gossamer Bio launches exchange offer for 5.00% notes; holders of 75.2% support
Exchange Offer: up to $72M new 7.50% Convertible Secured Notes due 2030, plus up to 317.6M common shares and 150M Purchase Warrants.
Gossamer Bio receives Nasdaq bid price deficiency notice; 180 days to cure
Nasdaq notified Gossamer on April 8, 2026 that stock bid price <$1.00 for 30 consecutive business days (Feb 24 – Apr 7, 2026).
Gossamer Bio reports 2025 net loss $170.4M; seralutinib Phase 3 narrowly missed primary endpoint
PROSERA Phase 3 in PAH showed placebo-adjusted 6MWD +13.3 meters but missed prespecified statistical alpha of 0.025 (p=0.0320).
Primary 6MWD endpoint missed: +13.3m placebo-adjusted (p=0.0320 vs prespecified α=0.025).
Gossamer Bio Q3 net loss $48.2M; PROSERA topline due Feb 2026
Net loss of $48.2M ($0.21 per share) vs $30.8M loss a year ago; revenue from Chiesi collab $13.3M.
Gossamer Bio issues 2.5M shares for option to acquire Respira Therapeutics
Issued 2,500,000 shares to Prana Bio on Sept 24, 2025 as consideration for option to acquire Respira via merger.
Gossamer Bio Q2 net loss $38.3M; PROSERA Phase 3 topline due Feb 2026
Net loss $38.3M ($0.17 per share) vs net income $49.2M in Q2 2024, driven by $88.8M one-time license revenue in prior year.
Stockholders re-elect three Class I directors, approve amended incentive plan
Class I directors re-elected: Thomas Daniel, Sandra Milligan, Steven Nathan.
Gossamer Bio completes enrollment in Phase 3 PROSERA study for seralutinib in PAH (n=390)
Global registrational Phase 3 PROSERA study fully enrolled; topline results expected February 2026.
Gossamer Bio closes new patient screening in PAH Phase 3 PROSERA study; Q1 net loss $36.6M
Enrollment of 343 patients completed; to exceed 350 by early June; topline results expected Feb 2026.
Gossamer Bio Q4 2024 net loss $33M; PROSERA Phase 3 topline due Q4 2025
Cash, equivalents and marketable securities $294.5M at year-end; runway into H1 2027.
Gossamer Bio regains Nasdaq minimum bid price compliance; deficiency closed.
Received Nasdaq notice on Feb 19, 2025 confirming regained compliance with minimum bid price rule.
Gossamer Bio Q3 net loss $30.8M; cash $327M, runway into H1 2027
Net loss of $30.8M ($0.14/share) vs $40.0M ($0.21/share) in Q3 2023; revenue from Chiesi collaboration was $9.5M.
Gossamer Bio receives Nasdaq bid-price deficiency notice; deadline March 2025
Nasdaq notified Gossamer Bio that its stock failed to maintain $1.00 minimum bid for 30 consecutive business days through Sept 10, 2024.
Gossamer Bio Q2 2024 net income $49.2M; cash $354.5M; Chiesi collaboration on track
Net income $49.2M ($0.22 basic EPS) vs net loss $42.5M in Q2 2023.
Gossamer Bio regains Nasdaq minimum bid price compliance; listing matter closed
Received Nasdaq letter on July 18, 2024 confirming regained compliance with minimum bid price rule.
Gossamer Bio reports annual meeting results; all proposals approved
Skye Drynan and John Quisel re-elected as Class II directors for three-year terms.
Gossamer Bio receives Nasdaq minimum bid deficiency; cure period to Nov 18, 2024
Nasdaq notice on May 22, 2024; stock below $1.00 for 30 consecutive business days through May 21.
Gossamer Bio reports Q1 net loss $41.9M; announces Chiesi collaboration for seralutinib
Chiesi collaboration provides $160M upfront; Gossamer and Chiesi split global development costs, profits in US.
Gossamer Bio enters global collaboration with Chiesi for seralutinib; receives $160M upfront
Receives $160M development reimbursement; eligible for up to $146M regulatory and $180M sales milestones.
Gossamer Bio appoints Dr. Nathan (PH-ILD expert) and biotech analyst Drynan to board
Dr. Steven Nathan appointed as Class I director, effective March 11, 2024; brings pulmonary and PH-ILD expertise.
Gossamer Bio Q4/FY23 results: first PAH patient dosed in Phase 3 PROSERA, cash $296M into H1 2026
First PAH patient dosed in registrational Phase 3 PROSERA study; topline results expected Q4 2025.
Gossamer Bio regains Nasdaq minimum bid price compliance; deficiency closed
Received Nasdaq letter on March 4, 2024 confirming compliance with minimum bid price rule.
Steven Nathan, M.D. to serve as a Class I director effective March 11, 2024
appointed Skye Drynan to serve as a Class III director effective March 11, 2024
Max materiality 0.90 · Median 0.68 · Most common event other_material