IO Biotech, Inc. IOBT (last ticker on record)
CIK 1865494Its SEC filings (opens in a new tab)
- Restatement
- 95% wipeout
- Delisting notice (not a red flag)
- Restructuring
- Bankruptcy
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 4
- Newest began Mar 2026
- Largest fall in its shares
- 99%
- Nov 2021 to Jun 2026
- Law firms
- 5
- Linked to 5 or more companies
- Lawyers
- 5
- Linked to 5 or more companies
What happened
- Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
- Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Latham & Watkins LLPFirst linked Jun 2021 · Named in SEC correspondence · 2,667 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 0.31× · 95% wipeout 1.10×
- Sidley AustinFirst linked Jun 2021 · Named in SEC correspondence · 1,210 linked companiesSEC/DOJ scrutiny 1.30× · Went dark 0.14× · 95% wipeout 0.93×
- Cooley LLPFirst linked Nov 2021 · Text search only · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Dinsmore & ShohlFirst linked Nov 2021 · Text search only · 96 linked companiesSEC/DOJ scrutiny 0.64× · Went dark 0.24× · 95% wipeout 0.64×
- Nelson MullinsFirst linked Nov 2021 · Text search only · 301 linked companiesSEC/DOJ scrutiny 0.50× · Went dark 0.48× · 95% wipeout 0.88×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Latham & Watkins LLP | Jun 2021 | Named in SEC correspondence | 2,667 | 0.98 | 0.31 | 1.10 |
| Sidley Austin | Jun 2021 | Named in SEC correspondence | 1,210 | 1.30 | 0.14 | 0.93 |
| Cooley LLP | Nov 2021 | Text search only | 1,634 | 0.71 | 0.44 | 1.24 |
| Dinsmore & Shohl | Nov 2021 | Text search only | 96 | 0.64 | 0.24 | 0.64 |
| Nelson Mullins | Nov 2021 | Text search only | 301 | 0.50 | 0.48 | 0.88 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Nick DeAngelisSidley AustinFirst linked Nov 2021 · Named in SEC correspondence · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.69×
- Alison HaggertyCooley LLPFirst linked Jun 2021 · Named in SEC correspondence · 44 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 0.75×
- Frank F. RahmaniSidley AustinFirst linked Jun 2021 · Named in SEC correspondence · 19 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 1.11×
- Nathan AjiashviliLatham & Watkins LLPFirst linked Jun 2021 · Named in SEC correspondence · 76 linked companiesSEC/DOJ scrutiny 0.38× · Went dark 0.00× · 95% wipeout 1.17×
- Istvan HajduSidley AustinFirst linked Nov 2021 · Text search only · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.87×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Nick DeAngelisSidley Austin | Nov 2021 | Named in SEC correspondence | 6 | 0.00 | 0.00 | 0.69 |
| Alison HaggertyCooley LLP | Jun 2021 | Named in SEC correspondence | 44 | 0.38 | 0.00 | 0.75 |
| Frank F. RahmaniSidley Austin | Jun 2021 | Named in SEC correspondence | 19 | 0.00 | 0.00 | 1.11 |
| Nathan AjiashviliLatham & Watkins LLP | Jun 2021 | Named in SEC correspondence | 76 | 0.38 | 0.00 | 1.17 |
| Istvan HajduSidley Austin | Nov 2021 | Text search only | 9 | 0.00 | 0.00 | 0.87 |