Every 424B that Enhanced Group Inc. (ENHA) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ENHA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ENHA filings page.
Enhanced Group Inc. (ENHA) is registering for resale up to 6,704,973 shares of Class A common stock, plus 6,426,735 additional shares issuable upon exercise of outstanding PIPE Warrants. The company itself is not selling shares and will only receive cash if these warrants are exercised.
ENHA recently raised about $50.0 million in a 2026 private placement and used part of the first tranche to repay a $11.75 million working capital note. As of June 30, 2026, it held $19.6 million in cash and cash equivalents, had an accumulated deficit of $110.4 million, and reported a $78.4 million net loss for the first half of 2026; its financial statements disclose substantial doubt about its ability to continue as a going concern. The PIPE Warrants have a $3.89 exercise price with anti-dilution protection and a potential early expiration if the stock trades at or above $20.00 for 20 consecutive trading days. ENHA is an emerging growth, smaller reporting, and controlled company, with its Class A common stock listed on NYSE under the symbol ENHA at a last reported price of $1.57 on September 3, 2026.
Enhanced Group Inc. (ENHA) filed a prospectus supplement to its Form S-1 prospectus to incorporate a new Form 8-K that provides audited consolidated financial statements of Enhanced Ltd as of and for the years ended December 31, 2025 and 2024. These statements have been retroactively recast to reflect the May 7, 2026 business combination in which Enhanced Ltd became a wholly owned subsidiary in a transaction accounted for as a reverse recapitalization, with Enhanced Ltd as the accounting acquirer. All share and per-share data have been adjusted using an exchange ratio of 7.6021255 ENHA Class A shares for each legacy Enhanced Ltd common or convertible preferred share, and convertible preferred stock previously in mezzanine equity has been restated as common stock. ENHA’s Class A common stock trades on the NYSE under symbol ENHA, with a last reported price of $1.63 per share on August 25, 2026, and the company notes its status as an emerging growth and smaller reporting company and refers investors to the Prospectus risk factors.
Enhanced Group Inc. (ENHA) has filed a prospectus supplement to its May 13, 2026 prospectus to incorporate information from a newly filed Current Report on Form 8‑K. The supplement attaches audited consolidated financial statements of Enhanced Ltd for the years ended December 31, 2025 and 2024 as the Company’s historical financial statements.
The filing explains that the May 7, 2026 business combination between A Paradise Acquisition Corp. and Enhanced Ltd was accounted for as a reverse recapitalization under U.S. GAAP, making Enhanced Ltd the accounting acquirer. All historical share and per‑share data have been retroactively adjusted using an exchange ratio of 7.6021255 shares of Class A common stock for each legacy Enhanced Ltd share, and previously mezzanine-classified convertible preferred stock has been restated as common stock. The supplement notes that Enhanced Group Inc. is an emerging growth company and a smaller reporting company, and that its Class A common stock trades on the NYSE under the symbol ENHA, with a last reported price of $1.63 per share on August 25, 2026.
Enhanced Group Inc. filed a prospectus supplement for its Form S-1 to incorporate its Quarterly Report for the period ended June 30, 2026. The company, which operates the Enhanced Games sports event and the Live Enhanced wellness platform, completed a SPAC business combination on May 7, 2026 and now trades on NYSE under the symbol ENHA.
For the six months ended June 30, 2026, Enhanced generated $17.7 million in revenue but recorded a net loss of $78.4 million, with operating expenses of $96.2 million. Operating cash outflow was $44.0 million, leaving cash and cash equivalents of $19.6 million and total assets of $45.4 million. Accounts payable and accrued expenses rose to $40.1 million, and management disclosed substantial doubt about the company’s ability to continue as a going concern without additional capital.
Capital structure was reshaped through conversion of approximately $40.0 million of SAFEs and $26.9 million of convertible preferred stock into Class A shares at closing, and a private placement commenced in June 2026, with a first tranche raising $25.0 million and further tranches expected. As of August 13, 2026, 128,972,162 Class A and 258,837,933 Class B shares were outstanding under a dual-class structure concentrating voting power with Class B holders.
Enhanced Group Inc. provides an update to investors by incorporating its latest quarterly results into its existing Class A common stock prospectus. The company, which recently became publicly traded through a May 2026 de-SPAC transaction, operates the Enhanced Games and the Live Enhanced health and wellness platform.
For the quarter ended June 30, 2026, Enhanced generated $17.7 million in revenue, primarily from two large sponsorship agreements, compared with no revenue a year earlier. However, rapid scale-up and transaction-related costs produced a substantial net loss of $61.9 million for the quarter and $78.4 million for the first half of 2026. Games, athlete and event operating costs were $52.0 million in the quarter and selling, general and administrative expenses were $16.6 million, alongside $10.9 million of transaction expenses.
As of June 30, 2026, the company had $19.6 million of cash and cash equivalents, total assets of $45.4 million, and stockholders’ equity of $3.1 million, with $40.1 million of accounts payable and accrued expenses and a $110.4 million accumulated deficit. Management discloses that current liquidity is not sufficient to fund operations for the next 12 months and concludes there is substantial doubt about the ability to continue as a going concern, while noting recent and expected private placement financings aimed at providing additional capital.
Enhanced Group Inc. has filed a prospectus for a secondary resale of up to 6,426,733 shares of Class A common stock and 6,426,733 PIPE Warrant Shares issued in a June 2026 private placement. The selling securityholders may sell these shares from time to time; the company will not receive proceeds from such resales.
The June 14, 2026 private placement covers 12,853,468 shares and accompanying PIPE warrants for approximately $50.0 million in expected gross proceeds across three closings. The First Closing on June 17, 2026 raised about $25.0 million, part of which funded repayment of an $11.75 million working capital note.
The PIPE Warrants are immediately exercisable at $3.89 per share, with anti-dilution adjustments and potential warrant-share increases, and may expire early if the stock trades at or above $20.00 for 20 consecutive trading days. As of June 30, 2026, cash and cash equivalents were $19.6 million, and management reports substantial doubt about the company’s ability to continue as a going concern without additional financing, including completion of the contingent Third Closing.
Enhanced Group Inc. supplements its Form S-1 prospectus with a Current Report on Form 8-K describing a private placement under a Securities Purchase Agreement to sell 12,853,468 shares of Class A common stock and accompanying warrants to purchase 12,853,468 shares. The combined purchase price per Share and accompanying Warrant is $3.89, producing expected gross proceeds of approximately $50.0 million.
The offering is expected to close in three tranches, with approximately $25.0 million at the First Closing (on or about June 17, 2026), approximately $11.75 million at the second closing (on or about June 22, 2026) and the remaining $13.25 million upon a later closing conditioned on stockholder consent. The Company expects to use part of the First Closing proceeds to repay a working capital promissory note and the remainder for working capital and corporate purposes.