Cingulate Inc. (CING) company profile
Close on Nov 11, 2026Market cap $67.47MP/E –Yield –
About Cingulate
Pharmaceutical Preparations, SIC 2834
Cingulate Inc. is a clinical-stage biopharmaceutical company focused on developing and advancing next-generation pharmaceutical products. The company utilizes its proprietary Precision Timed Release drug delivery platform technology, which incorporates an Erosion Barrier Layer designed to release drug substances at specific, pre-defined intervals in once-daily, multi-dose tablets. Its pipeline centers primarily on the treatment of Attention Deficit/Hyperactivity Disorder and anxiety. Candidate medications include CTx-1301 and CTx-1302 for pediatric, adolescent, and adult patients diagnosed with Attention Deficit/Hyperactivity Disorder, alongside CTx-2103 for the treatment of generalized anxiety disorder.
The company operates in the United States and has secured patent coverage across European territories, including the United Kingdom. Cingulate collaborates with external contract development, manufacturing, and commercial service partners with operational facilities in locations such as Gainesville, Georgia. Its principal executive offices and headquarters are located in Kansas City, Kansas.
Summary of the business section of Cingulate's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Cingulate Inc.
- Headquarters
- Kansas City, KS
- Address
- 1901 W. 47th Place 66205
- Phone
- (913) 942-2300
- Website
- cingulate.com
- Employees
- 500, Dec 31, 2025
- Industry
- Pharmaceutical Preparations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Kansas City, MO
Stock & identifiers
- Ticker
- CING
- Other tickers
- CINGW
- Exchange
- Nasdaq
- IPO date
- Dec 9, 2021
- Shares outstanding
- 15M, Aug 12, 2026
- Public float
- $19.40M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- Stock splits
- 1-for-12 reverse, Aug 9, 2024; 1-for-18.67 reverse, Apr 1, 2024; 1-for-20 reverse, Nov 30, 2023
- SEC CIK
- 1862150
- CUSIP
- 17248W303
- ISIN
- US17248W3034
- FIGI
- BBG012G40MY2
- Share class FIGI
- BBG012G40NT6
- EIN
- 86-3825535
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Shane J. Schaffer | Chief Executive Officer, Director | 17,210 |
| Raul R. Silva | EVP and CSO | 4,645 |
| Matthew Brams | EVP and Chief Medical Officer | 9,182 |
| Jennifer L. Callahan | EVP and CFO | 20,388 |
| Bryan Wade Downey | EVP & Chief Commercial Officer | – |
| Nilay Dahyabhai Patel | EVP, CLO and CCO | 5,475 |
| Laurie Myers | EVP and COO | 0 |
| Peter J. Werth | Director | 117,541 |
| Bryan Jay Lawrence | Director | – |
| Thomas Jeffrey Hargroves | Director | 105,768 |
| John A. Roberts | Director | – |
| Jeffrey S. Ervin | Director | – |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Option awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Shane J. Schaffer CEO | $479.53K | $314.85K | $1.10M | – | $1.90M | +146% |
| Jennifer L. Callahan EVP and CFO | $373.00K | $246.51K | $349.41K | – | $968.92K | +117% |
| Matthew N. Brams EVP and CMO | $165.00K | $41.31K | $286.18K | – | $492.49K | – |
| Nilay D. Patel EVP, CLO and CCO | $230.48K | $50.00K | $124.14K | – | $404.63K | – |
| Laurie A. Myers Former EVP and COO | $263.15K | $0 | $199.28K | $145.57K | $608.00K | +33% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Dec 9, 2021
- Offer price
- $6.00
- Securities offered
- 4,166,666
- Gross proceeds
- $25.00M
- Exchange
- Nasdaq
- First trading day
- Dec 8, 2021
- First-day close
- $4.45-25.8%
- Lock-up ends (est.)
- Jun 6, 2022
“The initial public offering price per Unit is $6.00.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“One such fee waiver is available for applicants that are small businesses, meaning the applicant (including any affiliates) employs fewer than 500 employees, does not have an approved marketing application for a product that has been introduced or delivered for introduction into interstate commerce, and is submitting its first marketing application.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 15, 2025 | Late filing | Notification of late filing |
| Aug 7, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Jun 18, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Feb 26, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 28, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 14, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 1, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 19, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Dec 9, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Dec 3, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 4, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
See a number that looks wrong?