Nuvation Bio (NUVB)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	30.04 mm	30.04 mm	30.04 mm	30.04 mm	30.04 mm	30.04 mm
Cash burn (monthly)	1.42 mm	(no burn)	16.03 mm	46.63 mm	10.36 mm	8.26 mm
Cash used (since last report)	5.70 mm	n/a	64.52 mm	187.63 mm	41.70 mm	33.25 mm
Cash remaining	24.34 mm	n/a	-34.49 mm	-157.60 mm	-11.66 mm	-3.21 mm
Runway (months of cash)	17.2	n/a	-2.2	-3.4	-1.1	-0.4

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

NUVB institutional ownership history Ownership history

64.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	157	148	+6.1%
Opened positions	28	45	-37.8%
Closed positions	19	17	+11.8%
Increased positions	60	44	+36.4%
Reduced positions	37	39	-5.1%

13F shares	Current	Prev Q	Change
Total value	425.07 bn	436.26 bn	-2.6%
Total shares	218.31 mm	180.73 mm	+20.8%
Total puts	98.70 k	6.50 k	+1418.5%
Total calls	3.20 k	9.70 k	-67.0%
Total put/call ratio	30.8	0.7	+4502.8%

Largest owners	Shares	Value	Change
FMR	29.24 mm	$66.96 bn	+1.4%
Decheng Capital	25.95 mm	$59.44 bn	+273.4%
EcoR1 Capital	19.21 mm	$43.99 bn	0.0%
Decheng Capital China Life Sciences USD Fund III	17.50 mm	$51.63 mm	NEW
BlackRock	16.97 mm	$38.87 bn	NEW
Omega Fund Management	13.07 mm	$29.94 bn	-1.5%
Omega Fund V	13.07 mm	$31.50 mm	-53.7%
Octagon Capital Advisors	12.17 mm	$27.87 bn	+2720.1%
Vanguard	10.82 mm	$24.77 bn	+6.7%
STT State Street	4.17 mm	$9.54 bn	+4.8%

Largest transactions	Shares	Bought/sold	Change
Decheng Capital	25.95 mm	+19.00 mm	+273.4%
Decheng Capital China Life Sciences USD Fund III	17.50 mm	+17.50 mm	NEW
BlackRock	16.97 mm	+16.97 mm	NEW
BLK BlackRock	0.00	-16.24 mm	EXIT
Omega Fund V	13.07 mm	-15.14 mm	-53.7%
Octagon Capital Advisors	12.17 mm	+11.74 mm	+2720.1%
AWM Investment	0.00	-1.35 mm	EXIT
Jacobs Levy Equity Management	0.00	-1.28 mm	EXIT
Frazier Life Sciences Management	1.22 mm	+1.22 mm	NEW
Millennium Management	1.35 mm	+932.69 k	+220.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

NUVB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
11 Nov 24	Junyuan Jerry Wang	Class A Common Stock	Sell	Dispose S	No	No	2.89	56,361	162.88 k	3,866,228
8 Oct 24	Robert Mashal	Class A Common Stock	Buy	Acquire P	Yes	No	2.2	99,981	219.96 k	100,000
8 Oct 24	Robert Mashal	Class A Common Stock	Buy	Acquire P	Yes	No	2.195	19	41.71	19
7 Oct 24	Philippe Sauvage	Stock Option Class A Common Stock	Grant	Acquire A	No	No	2.17	750,000	1.63 mm	750,000
4 Sep 24	Xiangmin Cui	Class A Common Stock	Conversion	Acquire C	Yes	No	0	12,879,200	0.00	17,062,202
4 Sep 24	Xiangmin Cui	Class A Common Stock	Conversion	Acquire C	Yes	No	0	5,157,900	0.00	7,611,031
4 Sep 24	Xiangmin Cui	Class A Common Stock	Conversion	Acquire C	Yes	No	0	967,100	0.00	1,281,206
4 Sep 24	Xiangmin Cui	Series A Preferred Stock Class A Common Stock	Conversion	Dispose C	Yes	No	0	128,792	0.00	0
4 Sep 24	Xiangmin Cui	Series A Preferred Stock Class A Common Stock	Conversion	Dispose C	Yes	No	0	51,579	0.00	0
4 Sep 24	Xiangmin Cui	Series A Preferred Stock Class A Common Stock	Conversion	Dispose C	Yes	No	0	9,671	0.00	0