Overview
- IndustryPharmaceutical Preparations1
- HeadquartersNorth Palm Beach, Florida1
- Incorporated inNV3
- Business address631 Us Hwy 1, Suite 407, North Palm Beach, Fl 334083
- Filer category, Emerging growth company3
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NASCENT BIOTECH INC., a Nevada corporation (“Nascent” or the “Company”), is actively developing its primary asset, Pritumumab, for the treatment of brain cancer and pancreatic cancer. Nascent is also actively researching other cancers that have a high probability of benefiting from the therapeutic effects of Pritumumab because they share a common molecular target. The Company continues exploring Pritumumab in its use against viruses. Nascent has completed its research with their partner, Manhattan BioSolutions developing a traditional vaccine platform to create vaccines for viral infections.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.0M6 | $07 | $08 | $750.0K9 | $1.0M5 | $05 | |
| Research and development | $486.9K6 | $1.2M10 | $254.0K7 | $293.7K8 | $321.9K9 | $197.4K5 | $270.5K2 |
| Selling, general and admin | $1.6M6 | $1.0M6 | |||||
| Operating expenses | $1.5M5 | $2.2M2 | |||||
| Operating income | $1.4M6 | -$2.2M10 | -$1.4M7 | -$3.4M8 | -$1.4M9 | -$457.1K5 | -$2.2M2 |
| Interest | $54.1K6 | $07 | $86.6K8 | $269.4K9 | $48.0K5 | $1.6M2 | |
| Income tax | $240.0K6 | $07 | $07 | $09 | $05 | $02 | |
| Net income | $1.1M6 | -$2.2M10 | -$1.4M7 | -$4.0M8 | -$958.8K9 | -$470.4K5 | -$2.8M2 |
| Earnings per share | $0.056 | -$0.096 | |||||
| Earnings per share (diluted) | $0.056 | -$0.096 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $129.8K10 | $117.0K7 | $131.5K8 | $3.2K8 | $1.4K5 | $94.4K2 | $172.2K2 |
| Receivables | $09 | ||||||
| Current assets | $129.8K6 | $117.0K10 | $131.5K7 | $3.2K8 | $751.4K9 | $105.4K5 | $255.0K2 |
| Total assets | $899.8K6 | $117.0K10 | $131.5K7 | $3.2K8 | $751.4K9 | $105.4K5 | $255.0K2 |
| Current liabilities | $166.0K6 | $203.4K10 | $613.6K7 | $2.9M8 | $1.2M9 | $776.9K5 | $1.6M2 |
| Total liabilities | $166.0K6 | $203.4K10 | $613.6K7 | $2.9M8 | $1.2M9 | $776.9K5 | $1.6M2 |
| Retained earnings | -$18.8M5 | -$21.6M2 | |||||
| Shareholders’ equity | $733.8K10 | -$86.4K7 | -$482.2K8 | -$2.9M9 | -$472.5K5 | -$671.5K2 | -$1.3M2 |
| Shares outstanding | 24.0M shares14 | 28.5M shares6 | 33.5M shares10 | 48.3M shares7 | 107.7M shares8 | 115.0M shares9 | 141.4M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Nascent Biotech Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Nascent Biotech Inc.
- YA II PN, Ltd. Filed SC 13G/A on Nascent Biotech Inc., latest Feb 13, 2024 (3 filings since Sep 1, 2022)
- Robert David Burke Filed SC 13D on Nascent Biotech Inc., latest Apr 14, 2023
- Nascent Biotech Inc. North Palm Beach, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
Leadership
Who has led Nascent Biotech Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerSean Carrick Jan 9, 2017 to Jul 2, 202415
- Chief executive officerMark Glassy Dec 31, 2014 to Dec 31, 201416
- PresidentSean Carrick Jan 5, 2015 to Jul 2, 202417
- Chief financial officerLowell Thomas Holden Dec 31, 2014 to Jul 2, 202418
Board members and other officers (7)
- Senior VP Business DevelopmentBrandon Price Jul 2, 2015 to Jul 2, 202019
- Principal Executive OfficerSean Carrick Oct 13, 2015 to Jan 5, 201620
- Board memberDouglas John Karas Jun 11, 2018 to Jul 2, 202421
- Board memberSean Carrick Jan 5, 2015 to Jul 2, 202417
- Board memberBrandon Price Jul 2, 2015 to Jul 2, 202019
- Board memberLowell Thomas Holden Dec 31, 2014 to Jul 2, 202418
- Board memberMark Glassy Dec 31, 2014 to Dec 31, 201416
Timeline
- Jan 17, 20258-K Executive or director change; Other events22
- Dec 19, 20238-K Other events23
- Sep 6, 20238-K Other events24
- Jul 14, 20238-K Other events25
- May 30, 20238-K Ended a material agreement; Other events26
- May 9, 20238-K Other events27
- Jan 26, 20238-K Other events28
- Sep 28, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares29
- Sep 20, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares30
- Sep 9, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares31
- Sep 9, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares32
- Sep 6, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares33
- Jan 9, 2017New chief executive Sean Carrick becomes CEO15
- Dec 31, 2014New chief executive Mark Glassy becomes CEO16
Filings
78 filings to the SEC since October 2021: 4 annual reports, 9 quarterly reports, 13 major events, 30 insider forms, 4 large holders, 18 other. The latest 20:
- Apr 1, 202515-12G EDGAR
- Jan 17, 20258-K EDGAR
- Nov 15, 2024NT 10-Q EDGAR
- Aug 14, 202410-Q EDGAR
- Jul 2, 20244 EDGAR
- Jul 2, 20244 EDGAR
- Jul 2, 20244 EDGAR
- Jul 1, 202410-K EDGAR
- Apr 10, 20244 EDGAR
- Apr 10, 20244 EDGAR
- Apr 10, 20244 EDGAR
- Apr 8, 2024EFFECT EDGAR
- Apr 5, 2024CORRESP EDGAR
- Apr 3, 2024CORRESP EDGAR
- Apr 3, 2024S-1/A EDGAR
- Apr 2, 2024UPLOAD EDGAR
- Mar 29, 2024CORRESP EDGAR
- Mar 29, 2024S-1/A EDGAR
- Mar 26, 2024UPLOAD EDGAR
- Mar 15, 2024S-1 EDGAR
The 78 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 3 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 7, 2023 | HOLDEN LOWELL THOMASCFO | Buy | 130,000 | $0.04 | $5.2K | Form 4 |
| Jan 27, 2023 | HOLDEN LOWELL THOMASCFO | Buy | 20,000 | $0.14 | $2.8K | Form 4 |
| Jan 27, 2023 | HOLDEN LOWELL THOMASCFO | Buy | 20,000 | $0.14 | $2.8K | Form 4 |
| Jul 21, 2022 | HOLDEN LOWELL THOMASCFO | Sale | 5,000 | $0.26 | $1.3K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- YA II PN, Ltd.SC 13G/A, 3 filings Sep 1, 2022 to Feb 13, 202434
- Robert David BurkeSC 13D, 1 filing Apr 14, 202335
SEC filer profile
How Nascent Biotech Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNascent Biotech Inc.1
- CIK0001622057
- Employer ID (EIN)45-06127151
- Filer status<br>emerging growth company1
- Incorporated inNevada1
- Fiscal year endsMarch 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address631 Us Hwy 1, Suite 407, North Palm Beach, FL 334081
- Phone612-961-56561
- Shares outstanding172,202,165 as of Aug 14, 202413
- Public float$19.2M as of Sep 30, 20232
- On EDGAR sinceOct 10, 20141
- Filings227 in all: 4 (81), 8-K (42), 10-Q (29), 10-K (10), CORRESP (9), UPLOAD (9), EFFECT (6), S-1/A (5)1
All 25 form types
3 (4), NT 10-K (4), NT 10-Q (4), S-1 (4), 4/A (3), 10-12G/A (2), 8-K/A (2), POS AM (2), SC 13G (2), SC 13G/A (2), 10-12G (1), 10-K/A (1), 15-12G (1), D (1), S-8 (1), S-8 POS (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Jul 1, 2024
Quarterly report (10-Q) Aug 14, 2024
Latest 8-K (8-K) Jan 17, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARMark Glassy, Chief executive officer
- 17SEC EDGARSean Carrick, President
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- 21SEC EDGARDouglas John Karas, Board member
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- 23SEC EDGAROther events
- 24SEC EDGAROther events
- 25SEC EDGAROther events
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- 27SEC EDGAROther events
- 28SEC EDGAROther events
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