TVGN on Nasdaq
Tevogen Inc.
American biological products company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerTVGN on Nasdaq1
- IndustryBiological Products, (No Diagnostic Substances)1
- HeadquartersWarren, New Jersey1
- Incorporated inDE2
- Business address15 Independence Boulevard, Suite #210, Warren, Nj 070592
- Filer category, Emerging growth company2
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“the Company” and “our Company” refer to Tevogen Bio Holdings Inc. and its consolidated subsidiary.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Research and development | $11.1M | $31.0M |
| General and administrative | $15.0M | $22.5M |
| Total operating expenses | $26.1M | $53.6M |
| Loss from operations | -$26.1M | -$53.6M |
| Interest expense, net | -$195.6K | -$184.0K |
| Merger transaction costs | -$7.5M | |
| Change in fair value of warrants | $60.7K | -$58.2K |
| Change in fair value of convertible promissory notes | $48.5M | |
| Loss on issuance of commitment shares | -$890.0K | |
| Net loss | -$26.3M | -$13.7M |
| Net loss attributable to common stockholders, basic | -$26.8M | -$10.3M |
| Net loss attributable to common stockholders, diluted | -$26.8M | -$10.3M |
| Net loss per share attributable to common stockholders, basic | -$8.08 | -$3.50 |
| Net loss per share attributable to common stockholders, diluted | -$8.08 | -$3.50 |
| Weighted-average common stock outstanding, basic | 3.3M shares | 2.9M shares |
| Weighted-average common stock outstanding, diluted | 3.3M shares | 2.9M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2024-01-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash | $552.4K | $1.3M | ||
| Prepaid expenses and other assets | $828.6K | $919.1K | ||
| Total current assets | $1.5M | $2.4M | ||
| Property and equipment, net | $170.3K | $296.4K | ||
| Right-of-use assets - operating leases | $1.4M | $228.5K | ||
| Deferred transaction costs | $183.5K | |||
| Other assets | $1.1M | $575.8K | ||
| Total assets | $4.4M | $3.5M | ||
| Accounts payable | $3.3M | $5.2M | ||
| Accrued expenses and other liabilities | $1.5M | $1.7M | ||
| Operating lease liabilities | $327.7K | $229.1K | ||
| Notes payable | $1.7M | $1.7M | ||
| Total current liabilities | $7.1M | $9.0M | ||
| Loan agreement | $4.4M | $1.0M | ||
| Operating lease liabilities | $1.1M | $5.8K | ||
| Derivative warrant liabilities | $26.5K | $87.2K | ||
| Total liabilities | $12.6M | $10.1M | ||
| Common stock, $0.0001 par value; 800,000,000 shares authorized; 4,020,746 and 3,559,827 shares issued and outstanding at December 31, 2025 | $402 | $356 | ||
| Additional paid-in capital | $122.6M | $97.9M | ||
| Accumulated deficit | -$139.7M | -$113.4M | ||
| Total stockholders deficit | -$8.2M | -$6.7M | -$94.4M | |
| Total liabilities and stockholders deficit | $4.4M | $3.5M | ||
| Preferred stock, par value | $0.00 | |||
| Preferred stock, shares authorized | 20.0M shares | |||
| Common shares, par value | $0.00 | $0.00 | ||
| Common shares, shares authorized | 800.0M shares | 800.0M shares | ||
| Common shares, shares issued | 4.0M shares | 3.6M shares | ||
| Common shares, shares outstanding | 4.0M shares | 3.6M shares | 3.3M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-01-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash | $552.4K | $1.3M | ||
| Prepaid expenses and other assets | $828.6K | $919.1K | ||
| Total current assets | $1.5M | $2.4M | ||
| Property and equipment, net | $170.3K | $296.4K | ||
| Right-of-use assets - operating leases | $1.4M | $228.5K | ||
| Deferred transaction costs | $183.5K | |||
| Other assets | $1.1M | $575.8K | ||
| Total assets | $4.4M | $3.5M | ||
| Accounts payable | $3.3M | $5.2M | ||
| Accrued expenses and other liabilities | $1.5M | $1.7M | ||
| Operating lease liabilities | $327.7K | $229.1K | ||
| Notes payable | $1.7M | $1.7M | ||
| Total current liabilities | $7.1M | $9.0M | ||
| Loan agreement | $4.4M | $1.0M | ||
| Operating lease liabilities | $1.1M | $5.8K | ||
| Derivative warrant liabilities | $26.5K | $87.2K | ||
| Total liabilities | $12.6M | $10.1M | ||
| Common stock, $0.0001 par value; 800,000,000 shares authorized; 4,020,746 and 3,559,827 shares issued and outstanding at December 31, 2025 | $402 | $356 | ||
| Additional paid-in capital | $122.6M | $97.9M | ||
| Accumulated deficit | -$139.7M | -$113.4M | ||
| Total stockholders deficit | -$8.2M | -$6.7M | -$94.4M | |
| Total liabilities and stockholders deficit | $4.4M | $3.5M | ||
| Preferred stock, par value | $0.00 | |||
| Preferred stock, shares authorized | 20.0M shares | |||
| Common shares, par value | $0.00 | $0.00 | ||
| Common shares, shares authorized | 800.0M shares | 800.0M shares | ||
| Common shares, shares issued | 4.0M shares | 3.6M shares | ||
| Common shares, shares outstanding | 4.0M shares | 3.6M shares | 3.3M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$26.3M | -$13.7M |
| Depreciation expense | $190.6K | $162.2K |
| Stock-based compensation expense | $16.2M | $40.8M |
| Non-cash interest expense | $187.6K | |
| Merger transaction costs | $7.1M | |
| Change in fair value of convertible promissory notes | -$48.5M | |
| Loss on Series A Preferred Stock issuance | $800.0K | |
| Loss on issuance of commitment shares | $890.0K | |
| Change in fair value of warrants | -$60.7K | $58.2K |
| Amortization of right-of-use asset | $318.6K | $241.4K |
| Prepaid expenses and other assets | $101.8K | -$246.0K |
| Other assets | -$490.0K | -$511.0K |
| Accounts payable | -$2.0M | $1.7M |
| Accrued expenses and other liabilities | -$74.2K | -$681.5K |
| Operating lease liabilities | -$298.0K | -$252.7K |
| Net cash used in operating activities | -$12.3M | -$12.0M |
| Purchases of property and equipment | -$64.4K | |
| Net cash used in investing activities | -$64.4K | |
| Cash acquired in connection with the reverse recapitalization | $229.3K | |
| Proceeds from issuance of Series A Preferred Stock | $2.0M | |
| Proceeds from issuance of Series C Preferred Stock | $6.0M | |
| Proceeds from loan agreement | $3.4M | $1.0M |
| Nonrefundable prepaid proceeds towards anticipated Series A-1 Preferred Stock Issuance | $3.0M | |
| Payment of offering costs associated with the sales agreement | -$100.0K | |
| Proceeds from issuance of shares under the sales agreement, net of offering costs | $4.9M | |
| Capital contribution | $3.5M | |
| Net cash provided by financing activities | $11.7M | $12.2M |
| Net (decrease) increase in cash | -$730.6K | $230.6K |
| Issuance of shares in connection with the loan agreement | $138.6K | |
| Conversion of convertible promissory notes into common stock in connection with Merger | $46.6M | |
| Repurchase of Series B preferred stock | -$3.6M | |
| Issuance of common stock for net liabilities upon reverse recapitalization, net of transaction costs | $3.1M | |
| Right-of-use assets obtained in exchange for operating lease liabilities | $1.5M | |
| Deferred offering costs in accounts payable and accrued expenses | $104.0K | |
| Deferred offering cost amortization | $20.5K | |
| Receivables from issuance of shares under the sales agreement | $11.3K |
No quarter-by-quarter statement was filed.
Leadership
Who has led Tevogen Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief executive officerRyan H. Saadi Feb 16, 2024 to now10
- Chief executive officerSurendra K. Ajjarapu Jun 12, 2023 to Jun 21, 202311
- Chief executive officerBen Baldanza Nov 3, 2021 to Nov 3, 202112
- ChairSurendra K. Ajjarapu Jun 12, 2023 to Jun 21, 202311
- Chief financial officerKirti Desai Feb 16, 2024 to now13
- Chief financial officerKnuettel Francis Ii. Jun 14, 2023 to Jun 14, 202314
- Chief financial officerPhilippe J. Kurzweil Nov 3, 2021 to Nov 3, 202115
Board members and other officers (15)
- Chief Scientific OfficerNeal Flomenberg Feb 16, 2024 to now16
- Chief Commercial OfficerSadiq Khan Feb 16, 2024 to now17
- Board memberCurtis L. Patton Feb 16, 2024 to now18
- Board memberJeffrey L. Feike Feb 16, 2024 to now19
- Board memberKeow Lin Goh Feb 16, 2024 to now20
- Board memberRyan H. Saadi Feb 16, 2024 to now10
- Board memberSusan M. Podlogar Feb 16, 2024 to now21
- Board memberVictor J. Sordillo Feb 16, 2024 to now22
- Board memberAvinash R. Wadhwani Jun 13, 2023 to Jun 14, 202323
- Board memberDonald G. Fell Jun 14, 2023 to Jun 14, 202324
- Board memberMichael L. Peterson Jun 14, 2023 to Jun 14, 202325
- Board memberScott Harris Sussman Jun 14, 2023 to Jun 14, 202326
- Board memberParizad Olver Nov 3, 2021 to Nov 3, 202127
- Board memberPaul P. Jebely Nov 3, 2021 to Nov 3, 202128
- Board memberRichard N. Peretz Nov 3, 2021 to Nov 3, 202129
Former names
Timeline
Filings
302 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 54 major events, 78 insider forms, 28 large holders, 120 other. The latest 20:
- Sep 30, 20268-K EDGAR
- Sep 16, 20268-K EDGAR
- Sep 16, 2026SCHEDULE 13D/A EDGAR
- Sep 16, 2026SCHEDULE 13D/A EDGAR
- Sep 16, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 16, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
- Sep 10, 20268-K EDGAR
- Aug 26, 20268-K EDGAR
- Aug 24, 2026S-8 EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 3, 2026DEF 14A EDGAR
- Jul 30, 20268-K EDGAR
- Jul 23, 2026PRE 14A EDGAR
- Jul 14, 2026SCHEDULE 13D/A EDGAR
- Jul 10, 2026S-8 EDGAR
The 302 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
17 open-market trades by officers, directors and large owners since October 2021: 3 buys and 14 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 13, 2026 | Flomenberg NealSee Remarks | Sale | 501 | $6.40 | $3.2K | Form 4 |
| Mar 11, 2026 | Flomenberg NealSee Remarks | Sale | 452 | $7.26 | $3.3K | Form 4 |
| Mar 10, 2026 | Flomenberg NealSee Remarks | Sale | 19 | $7.75 | $147 | Form 4 |
| Jun 9, 2025 | Saadi Ryan H.Chief Executive Officer | Sale | 1,438,206 | $1.23 | $1.8M | Form 4 |
| Mar 12, 2025 | Flomenberg NealSee Remarks | Sale | 232,968 | $1.09 | $253.9K | Form 4 |
| Mar 11, 2025 | Flomenberg NealSee Remarks | Sale | 70,252 | $1.05 | $73.8K | Form 4 |
| Mar 10, 2025 | Flomenberg NealSee Remarks | Sale | 70,384 | $1.09 | $76.7K | Form 4 |
| Mar 7, 2025 | Flomenberg NealSee Remarks | Sale | 71,273 | $1.14 | $81.3K | Form 4 |
| Mar 6, 2025 | Flomenberg NealSee Remarks | Sale | 88,519 | $1.10 | $97.4K | Form 4 |
| Mar 5, 2025 | Flomenberg NealSee Remarks | Sale | 110,659 | $1.21 | $133.9K | Form 4 |
| Mar 4, 2025 | Flomenberg NealSee Remarks | Sale | 14,639 | $1.28 | $18.7K | Form 4 |
| Oct 17, 2024 | Flomenberg NealSee Remarks | Sale | 1,078,600 | $1.62 | $1.7M | Form 4 |
| Jun 12, 2024 | Desai KirtiChief Financial Officer | Buy | 3,000 | $0.82 | $2.5K | Form 4 |
| Jun 5, 2024 | Saadi Ryan H.Chief Executive Officer | Buy | 2,607 | $0.77 | $2.0K | Form 4 |
| Jul 17, 2023 | Corbin ERISA Opportunity Fund, Ltd.10% owner | Sale | 2,320,000 | $10.68 | $24.8M | Form 4 |
| Jun 7, 2023 | Semper Paratus Sponsor LLC10% owner | Sale | 8,988,889 | $1.00 | $9.0M | Form 4 |
| Nov 8, 2021 | Semper Paratus Sponsor LLC10% owner | Buy | 1,300,000 | 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.
- Kirti DesaiSCHEDULE 13D/A, 2 filings Feb 22, 2024 to Sep 16, 202630
- Ryan H. SaadiSCHEDULE 13D/A, 5 filings Feb 22, 2024 to Sep 16, 202631
- GLAZER CAPITAL, LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 14, 202432
- Harraden Circle Investments, LLCSC 13G/A, 2 filings Jan 22, 2024 to Nov 12, 202433
- Manmohan PatelSC 13G, 1 filing Mar 4, 202434
- CITADEL ADVISORS LLCSC 13G/A, 2 filings Jul 27, 2023 to Feb 14, 202435
- Polar Asset Management Partners Inc.SC 13G/A, 2 filings Feb 13, 2023 to Feb 12, 202436
- Saba Capital Management, L.P.SC 13G/A, 4 filings Nov 12, 2021 to Feb 8, 202437
- Corbin Capital Partners, L.P.SC 13G/A, 2 filings Feb 14, 2022 to Jul 20, 202338
- SSVK Associates, LLCSC 13D, 1 filing Jul 7, 202339
- Semper Paratus Sponsor LLCSC 13D/A, 3 filings Nov 15, 2021 to Jun 8, 202340
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 30. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARTevogen Inc. filings on SEC EDGAR
- 2SEC EDGARTevogen Inc. filings on SEC EDGAR
- 3
- 4SEC EDGARTevogen Inc. 10-K for fiscal 2023
- 5SEC EDGARTevogen Inc. 10-K for fiscal 2024
- 6SEC EDGARTevogen Inc. 10-K for fiscal 2022
- 7SEC EDGARTevogen Inc. 10-Q for fiscal 2026
- 8SEC EDGARTevogen Inc. 10-Q for fiscal 2026
- 9SEC EDGARTevogen Inc. 10-K for fiscal 2021
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- 13SEC EDGARKirti Desai, Chief financial officer
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- 17SEC EDGARSadiq Khan, Chief Commercial Officer
- 18SEC EDGARCurtis L. Patton, Board member
- 19SEC EDGARJeffrey L. Feike, Board member
- 20SEC EDGARKeow Lin Goh, Board member
- 21SEC EDGARSusan M. Podlogar, Board member
- 22SEC EDGARVictor J. Sordillo, Board member
- 23SEC EDGARAvinash R. Wadhwani, Board member
- 24SEC EDGARDonald G. Fell, Board member
- 25SEC EDGARMichael L. Peterson, Board member
- 26SEC EDGARScott Harris Sussman, Board member
- 27SEC EDGARParizad Olver, Board member
- 28SEC EDGARPaul P. Jebely, Board member
- 29SEC EDGARRichard N. Peretz, Board member
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