CGTX COGNITION THERAPEUTICS INC

NEUTRAL Impact: 4/10 8-K
Horizon months Filed Jun 4, 2026 Processed 12d 19h ago SEC 0001104659-26-070345
8-K context-dependent: Items 7.01
Latest settled — T+5d
CGTX ▼ -11.76% at T+5d
NEUTRAL call ✗ call lost -11.76% · α vs SPY -9.21% · entry $1.36 → $1.20
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Currently $1.26 · -7.35% from $1.36 entry
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Jun 4, 05:23 AM ET
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$1.20
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Executive Summary

Cognition Therapeutics filed an 8-K furnishing an investor presentation for the Jefferies Global Healthcare Conference. The presentation highlights zervimesine (CT1816) for DLB psychosis, with Phase 2 SHIMMER data showing an 86% slowing of NPI-12 decline vs. placebo, and a planned registrational study following an FDA Division of Psychiatry meeting on May 20, 2026. No new financial data or guidance was provided; the filing is a routine regulatory disclosure of an existing corporate presentation.

Actionable Insight

The filing is a routine investor presentation with no new material information. Monitor for FDA Division of Psychiatry meeting minutes expected June 2026, which could clarify the registrational path for zervimesine in DLB psychosis. The START Phase 2 Alzheimer's trial topline data in 2H 2027 is the next major catalyst.

Key Facts

  • Investor presentation furnished under Item 7.01 Regulation FD for the Jefferies Global Healthcare Conference in June 2026.
  • Lead asset zervimesine (CT1816) targets DLB psychosis, with no FDA-approved treatments currently available.
  • Phase 2 SHIMMER study showed 86% slowing of NPI-12 decline vs. placebo in neuropsychiatric domains.
  • FDA Division of Psychiatry meeting held May 20, 2026 to finalize registrational study design; minutes expected June 2026.
  • Cash, equivalents & restricted cash of ~$31.2M as of March 31, 2026, with $25.6M in obligated NIA grant funds remaining.
  • Cash runway into Q2 2027 based on current operating plan.
  • Shares outstanding: 89.5M as of the presentation date.
  • START Phase 2 trial in early Alzheimer's (545 patients, NIA-funded $81M) with topline data expected 2H 2027.

Financial Impact

No new financial data or guidance provided; cash position of ~$31.2M and runway into Q2 2027 reiterated from prior quarter.

cashcash runway

Risk Factors

  • Clinical-stage biotech with no approved products; regulatory and clinical trial risks remain high.
  • Cash runway only into Q2 2027; likely need for additional financing before data readouts.
  • DLB psychosis registrational program still in planning stages; FDA alignment not yet finalized.

Market Snapshot

Exchange
Nasdaq
Sector
Biological Products, (No Diagnostic Substances)
Analyst Consensus
90% bullish (10 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001104659-26-070345
Document: tm2616896d1_8k.htm0001104659-26-070345
Document: 0001104659-26-070345-index-headers.html0001104659-26-070345
Document: 0001104659-26-070345-index.html0001104659-26-070345
Document: 0001104659-26-070345.txt0001104659-26-070345
10 reports for CGTX
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+60▲ +16.98%Mar 2, 2026
Filters
Rows
Reports for CGTX — sortable, filterable
Type Now
Jun 4, 2026
12d ago
8-K
NEUTRAL ★ 4/10
$1.36 $1.20▼ −11.76%▼ −9.21%$1.26 (−7.35%)
Jun 1, 2026
15d ago
Press Release
NEUTRAL ★ 2/10
$1.25 $1.29▲ +3.20%▲ +5.95%$1.26 (+0.80%)
May 21, 2026
26d ago
Press Release
BULLISH ★ 6/10
$1.25 $1.18▼ −5.60%▼ −7.45%$1.26 (+0.80%)
May 14, 2026
4w ago
Press Release
NEUTRAL ★ 3/10
$1.20 $1.25▲ +4.17%▲ +4.88%$1.26 (+5.00%)
May 7, 2026
5w ago
8-K
NEUTRAL ★ 5/10
$1.21 $1.20▼ −0.83%▼ −2.29%$1.26 (+4.13%)
Apr 16, 2026
8w ago
Insider Cluster
BULLISH ★ 5/10
$1.11 $1.26▲ +13.51%▲ +12.53%$1.26 (+13.51%)
Mar 26, 2026
11w ago
Press Release
NEUTRAL ★ 5/10
$1.08 $0.8680▼ −19.63%▼ −21.26%$1.26 (+16.67%)
Mar 23, 2026
12w ago
Press Release
NEUTRAL ★ 3/10
$1.13 $0.5950▼ −47.35%▼ −43.78%$1.26 (+11.50%)
Mar 17, 2026
13w ago
Press Release
BULLISH ★ 8/10
$1.15 $1.10▼ −4.35%▼ −1.69%$1.26 (+9.57%)
Mar 2, 2026
15w ago
Press Release
BULLISH ★ 8/10
$1.06 $1.08▲ +1.89%▲ +3.09%$1.26 (+18.87%)
Showing 10 of 10

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