Revenue
2024
2025
| 2025 | 2024 | |
|---|---|---|
| Revenue | $0 | $0 |
| Research & development | $24.3M | $31.8M |
| Operating expenses | $46.5M | $56.5M |
| Operating income | −$1.2M | −$56.5M |
| EBITDA | −$62.5M | −$45.2M |
| Net income | $6.2M | −$54.3M |
| Basic EPSper basic share | -$0.69 | -$0.51 |
| Diluted EPSper diluted share | -$0.69 | -$0.51 |
Reported shareholders
| Holder | % owned |
|---|---|
Pangaea Three-B, LP / Yu Peter / CGC III Sponsor LLC | ≈9.24%8.46M shares |
Alyeska Investment Group, L.P. | 7.86%7.2M shares |
MEIDAR LIAD Y | ≈3.31%3.03M shares |
TRANSCEND CAPITAL ADVISORS, LLC | 0.78%713K shares |
Wei Richard | ≈0.60%550.49K shares |
Zetsche Dieter | ≈0.25%230.43K shares |
MILLENNIUM MANAGEMENT LLC | 0.23%206.71K shares |
HITE Hedge Asset Management LLC | 0.09%80K shares |
Atom Investors LP | 0.07%59.93K shares |
GEODE CAPITAL MANAGEMENT, LLC | 0.05%48.9K shares |
Duva Jason A | ≈0.05%44.68K shares |
Taylor Joseph Michael | ≈0.03%23.04K shares |
JANE STREET GROUP, LLC | 0.01%13.55K shares |
UBS Group AG | 0.01%12.41K shares |
BANK OF AMERICA CORP /DE/ | 0.01%11.59K shares |
Virtu Financial LLC | 0.01%10.47K shares |
MMCAP International Inc. SPC | <0.01%7.93K shares |
Cassaday & Co Wealth Management LLC | <0.01%3.43K shares |
OSAIC HOLDINGS, INC. | <0.01%1K shares |
Allworth Financial LP | <0.01%413 shares |
Percentages use 91.51M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| May 21, 2026Form 4 | Yu Peter +2Chairman and CEO | BuyClass A ordinary shares · indirect | 6.1K | $10.38 | $63.2K | 1.47M |
| Apr 17, 2026Form 4 | CGC III Sponsor LLC +2TenPercentOwner | BuyWarrants · derivative · indirect | 28.5K | $0.90 | $25.7K | 324.1K |
| Apr 16, 2026Form 4 | CGC III Sponsor LLC +2TenPercentOwner | BuyClass A ordinary shares · indirect | 100.0K | $10.33 | $1.03M | 1.47M |
| Apr 16, 2026Form 4 | CGC III Sponsor LLC +2TenPercentOwner | BuyWarrants · derivative · indirect | 152.1K | $0.86 | $130.8K | 295.6K |
| Apr 15, 2026Form 4 | CGC III Sponsor LLC +2TenPercentOwner | BuyClass A ordinary shares · indirect | 100.0K | $10.32 | $1.03M | 1.37M |