Skip to content
Baker Capital StrategiesMARKETS. FILINGS. PERSPECTIVE.
Powered by THEMA

Baker Capital Strategies

Free Registration

Register for access to news, tools, alerts and reports.

THEMA Basic included at launch.

Use at least 8 characters.

Company research

Metsera, Inc.

CIK 2040807Updated Sep 24, 2026

No exchange listing on record for this SEC filer. Coverage is drawn from its filings.

Filing activity

SEC EDGAR
Latest filing

SCHEDULE 13G/A · Feb 17, 2026

50 filings on record · SCHEDULE 13G/A, 15-12G, 4, SCHEDULE 13D/A, SCHEDULE 13G, S-8 POS.

About the company

We are a clinical-stage biotechnology company developing next-generation injectable and oral nutrient stimulated hormone, or NuSH, analog peptides to treat obesity, overweight and related conditions. Obesity and overweight are among the fastest-growing and most prevalent chronic human conditions, affecting approximately 2.5 billion people worldwide, and drive a broad range of severe diseases. Currently approved NuSH analog peptides are a promising treatment option for obesity and overweight. However, the current treatment landscape exhibits several key limitations, including impediments to chronic therapy in large populations, such as administration by weekly injection, prolonged titration and tolerability issues; insufficient weight loss; lack of effective, well-tolerated oral dosing alternatives; and challenges in scaling manufacturing. We have developed and are implementing proprietary methods and platform technologies that we believe will allow us to develop and advance a broad, scalable and combinable portfolio of injectable and oral NuSH analog peptides with the potential to not only address the limitations of approved therapies, but also many of the anticipated limitations o

424B4 · 2025-01-31 · 0001193125-25-018405

Company description from the cited filing.

Financials

FY 2024 · USD
Revenue · FY 2024
Net income-209,127,000USD · FY 2024
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Operating income-224,833,000USD · FY 2024
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Diluted EPS-14.49USD per share · FY 2024
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2024FY 2023
ASSETS
AssetsUSD450,988,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

168,841,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Property, Plant and Equipment, NetUSD57,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

27,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

GoodwillUSD21,892,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

22,179,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Intangible Assets, Net (Excluding Goodwill)USD68,521,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

69,421,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD352,400,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

Assets, CurrentUSD359,133,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

76,804,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Prepaid Expense and Other Assets, CurrentUSD6,686,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

1,609,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Operating Lease, Right-of-Use AssetUSD1,385,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

Other Assets, NoncurrentUSD0
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

410,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD163,638,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

70,340,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD2,479,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

85,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Retained Earnings (Accumulated Deficit)USD-257,146,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

-48,019,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD1,160,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

2,752,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Stockholders' Equity Attributable to ParentUSD-253,507,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

-45,182,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Liabilities and EquityUSD450,988,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

168,841,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Current liabilities:
Liabilities, CurrentUSD67,307,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

20,169,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Operating Lease, Liability, CurrentUSD714,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

Accounts Payable, CurrentUSD20,837,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

2,656,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Operating Lease, Liability, NoncurrentUSD701,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

Deferred Income Tax Liabilities, NetUSD7,780,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

17,261,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Additional Financial Items
Deferred Tax Liabilities, NetUSD7,780,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

17,261,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Dividends Payable, CurrentUSD515,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2024FY 2023
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-209,127,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-47,206,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD14,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

2,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD2,394,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

85,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts PayableUSD16,547,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

2,601,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Deferred Income Tax Expense (Benefit)USD-9,338,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-100,039,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-35,393,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD28,213,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Investing ActivitiesUSD-43,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-28,242,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Payments to Acquire Property, Plant, and EquipmentUSD43,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

29,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD378,198,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

123,683,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD157,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD2,394,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

85,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Dividends Payable, CurrentUSD515,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD406,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-3,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

General and Administrative ExpenseUSD26,797,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

15,042,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

GoodwillUSD21,892,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2024-12-31

22,179,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

As of 2023-12-31

Goodwill, Impairment LossUSD0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD-9,338,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

InterestExpenseNonoperatingUSD223,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Investment Income, InterestUSD6,185,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

1,918,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-209,127,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-47,206,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Operating ExpensesUSD224,833,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

43,669,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Operating Lease, ExpenseUSD700,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

400,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Other Nonoperating Income (Expense)USD183,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-5,455,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2024FY 2023
Operating Income (Loss)USD-224,833,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-43,669,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Other Nonoperating Income (Expense)USD183,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-5,455,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-218,465,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-47,206,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Income Tax Expense (Benefit)USD-9,338,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD-209,127,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-47,206,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Earnings Per Share, BasicUSD per share-14.49
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-3.48
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Earnings Per Share, DilutedUSD per share-14.49
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-3.48
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Basicshares14,431,846
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

13,571,987
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares14,431,846
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

13,571,987
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Interest Expense (non-operating)USD223,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Foreign Currency Transaction Gain (Loss), before TaxUSD406,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-3,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

General and Administrative ExpenseUSD26,797,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

15,042,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Goodwill, Impairment LossUSD0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

0
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD-165,404,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

-45,681,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Investment Income, InterestUSD6,185,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

1,918,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Operating ExpensesUSD224,833,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

43,669,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Operating Lease, ExpenseUSD700,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

400,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Research and Development ExpenseUSD107,517,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2024-01-01 to 2024-12-31

15,564,000
Source

10-K · 2025-03-26 · 0000950170-25-044778

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

Offerings

Registration 333-284225

424B4 · 2025-01-31 · 0001193125-25-018405

Terms from the governing filing for this registration; not a claim that the offering is open today.

Gross proceeds
275000004.0
Net proceeds
255750004.0
Deal price
18.0
Shares
15277778
Offering price
$18.00
Ticker
MTSR

Filing attachments

d900229dex107.htm · S-1 · 2025-01-10

EX-10.7 9 d900229dex107.htm EX-10.7 EX-10.7 Exhibit 10.7 1200 Morris Turnpike Suite 3005 Short Hills, NJ 07078 October 28, 2024 VIA E-MAIL [XXX] Christopher Visioli [XXX] [XXX] Dear Chris: On behalf of Metsera, Inc. (collectively with its subsidiaries and affiliates, the “Company”), we are pleased to extend you an offer of employment to become the Company’s Chief Financial Officer, pursuant to the terms of this offer letter (this “Letter”) which, if you accept, will govern

S-1 · 2025-01-10 · 0001193125-25-004504

Read attachment ↗
d900229dex41.htm · S-1 · 2025-01-10

EX-4.1 5 d900229dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 NUMBER SHARES INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE CUSIP XXXXXX XX X SEE REVERSE FOR CERTAIN DEFINITIONS AND LEGENDS This certifies that is the record holder of FULLY PAID AND NONASSESSABLE SHARES OF COMMON STOCK, $0.00001 PAR VALUE PER SHARE, OF METSERA, INC. transferable on the books of the Corporation in person or by duly authorized attorney upon surrender of this Certificate properly endorsed. This Certificate is not v

S-1 · 2025-01-10 · 0001193125-25-004504

Read attachment ↗