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Oruka Therapeutics, Inc. ORKA Conversion Of Series A Nonvoting Convertible Preferred Stock To Common Stock

Conversion Of Series A Nonvoting Convertible Preferred Stock To Common Stock at other companies

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Navan, Inc. NAVN
$325.28M
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10.2M0.0%
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Wells Fargo & CompanyWFC
4.6M-2.8%
JAN
Janus Living JAN
$149K
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SBA CommunicationsSBAC
$0
Our Bond, Inc.
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Our Bond, Inc. OBAI
17.5M-34.1%

Other financials

Income statement

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Revenue-
Operating income-$36.4M-45.2%
Net income-$31.8M-51.5%
EPS (diluted)-$0.46+93.4%

Balance sheet

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Cash & equivalents$49.5M-40.7%
Total debt$1.8M+90.8%
Total equity$486.7M+33.4%
Total assets$504.5M+33.8%

Cash flow

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Operating cash flow-$23.6M-13.0%
CapEx$73.0K+462%
Free cash flow-$23.7M-13.3%

Valuation

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Market cap$5.03B+533%

Returns & leverage

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Return on equity-27.3%-11.1pp
Debt / equity0.0×
Current ratio23.8×-6.3×

Where this comes from

Reported directly by Oruka Therapeutics, Inc. in its filing.

Tagged under the XBRL concept orka:ConversionOfSeriesANonvotingConvertiblePreferredStockToCommonStock.

The official record: Oruka Therapeutics, Inc.’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oruka Therapeutics, Inc.'s conversion of series a nonvoting convertible preferred stock to common stock?
Oruka Therapeutics, Inc. (ORKA) reported conversion of series a nonvoting convertible preferred stock to common stock of $52.83M in Q4 2024.
What does conversion of series a nonvoting convertible preferred stock to common stock mean?
The non-cash value associated with the conversion of preferred equity instruments into common stock. This metric tracks the simplification of the capital structure as preferred shares are retired and replaced by common equity.