https://scorpioncapital.com/research daily 1.0 2025-08-21 https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1609882899897-09QKXF1X7VOX52MJ8G9V/image.jpg Our Research - August 27th, 2018 Fanhua (NASDAQ: FANH) A Questionable Company with a History of Alleged Fraud Report Summary and PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1631677543559-W22O4WNG2CNWX5HNO8L3/report.jpg Our Research - April 15th, 2021 Quantumscape (NYSE: QS) A Pump and Dump SPAC Scam by Silicon Valley Celebrities, That Makes Theranos Look Like Amateurs Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1633475108337-NOSFW8D71VC9X2CZV70Z/short.jpg Our Research - September 15th, 2021 Berkeley Lights (NASDAQ: BLI) Fleecing Customers And IPO Bagholders With A $2 Million Black Box That’s A Clunker, While Insiders and Silicon Valley Bigwigs Race To Dump Stock. Just Another VC Pump at 27X Sales. Target Price: $0. Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1618449253322-VUK7ZDCU3OU79JGSTH8M/feature.jpg Our Research - January 7th, 2021 Nevro (NYSE: NVRO) A Failed One-Trick Pony At 15X Sales, Reeking of Study Fraud, Kickbacks, And A Covered-Up Explants Crisis That Merits An FDA Recall Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/efb6bf62-6748-4c96-a3a9-d4201dec1d80/iStock-1265083587.jpg Our Research - November 15th, 2022 Twist Bioscience (NASDAQ: TWST) A Cash-Burning Inferno That Is Not A Going Concern, Operating A Ponzi-Like Scheme That Will End In Bankruptcy. Just Another “Synthetic Biology” Swindle, This Time With An Absurd “Silicon DNA Chip” And Financials So Phony It May Be Criminal. Target Price: $0. Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/aa8d1a77-29ca-4098-b7b6-710c001898a8/4.jpg Our Research - March 28th, 2023 Harmony Biosciences (NASDAQ: HRMY) The Latest Price-Gouging Ploy By The Grifter Who Inspired Convicted Felon Martin Shkreli, But This Time People Have Blood On Their Hands: A $175,000 Per Year Drug With Alarming Toxicity And A Trail Of Covered-Up Deaths And Injuries; No Efficacy; A Non-Existent Mechanism Of Action; Sham Patents; Based On Scam Clinical Trials In Places Like Russia and Turkey By A French Quack; Pushed Via False Advertising And A Vast Off-Label And Physician Kickback Scheme Download PDF > FDA Citizen Petition > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/16f6553d-33cf-46ec-824e-f856e147c648/final.png Our Research - June 5, 2024 JST Lasertec Corporation (TOKYO: 6920) Japan’s Most Actively Traded Stock Is A Colossal Fraud And Ticking Time Bomb, Reminiscent of Olympus, Toshiba, And Other Infamous Accounting Scandals Slide presentation (334 pages) > Detailed summary/key findings (text, 53 pages) > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/a6d9ce5a-a6fa-4272-8ad4-c686ef886d59/scorpion-capital-report.png Our Research - January 10, 2025 Transmedics Group Inc (NASDAQ: TMDX) Walk Like An Egyptian: A “Mafia-Style” Extortion, Racketeering, And Organ Trafficking Scheme Masquerading As A Medical Device Company – Fueled By Kickbacks, Billing Fraud, Unreported Device Failures, And Off-Label Misuse On A Vast Scale; Precipitating A Customer Exodus And Rapidly Unfolding Death Spiral. Target Price: $0. Download PDF > FDA Citizen Petition > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1609998021893-XLANISABKC54JC87MCWP/AX.jpg Our Research - December 18, 2018 Axogen (NASDAQ: AXGN) An Overhyped, Cash-Burning Reverse Merger at 12X Revenue Report Summary and PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1633526010886-WYT927C3RF75KOEEWV07/scorpion-capital.jpg Our Research - October 6th, 2021 Ginkgo Bioworks (NYSE: DNA) A Snake Oil Salesman And Some Hedge Funds Partner Up To Pimp The Latest “Synthetic Biology” Scam — As Phantom Revenue, A Hocus-Pocus Business Model, Rampant Related-Party Games, And A Decade of Colossal Failure Get Shoveled Into Yet Another Garbage SPAC. Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/68f102ef-c478-4709-8c13-ec5ef389b3dd/81525.jpg Our Research - August 15th, 2025 Soleno Therapeutics (NASDAQ: SLNO) Russian Roulette With Prader-Willi Children: How The Latest Rare-Disease Price-Gouging Scheme Fleeced the FDA, Parents, And Its Own Study Investigators With A Worthless, Toxic Drug; Suspect Data; And Sham Clinical Trials To Push A $500K/Year Knockoff Of A 50-Year-Old Generic Compound – Triggering One Of The Worst Launch Failures And Safety Catastrophes In Post-Approval History Download PDF > FDA Citizen Petition > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/16f6553d-33cf-46ec-824e-f856e147c648/final.png Our Research - June 5, 2024 JST Lasertec Corporation (TOKYO: 6920) カチカチと秒読みをはじめた時限爆弾。場所は日本。 厖大な詐欺を働いている企業がある。株式市場で売買代金首位の銘柄だ。 オリンパス、東芝ほかの悪名高い粉飾決算事件を想起させる。その内実は—— スライド・プレゼンテーション（334ページ）> 詳細サマリー（54ページ）> https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/f9d282cf-306a-4b5d-a275-076fa14edaf1/scorpion-capital-report.png Our Research - May 3rd, 2022 IonQ (NYSE: IONQ) The “World’s Most Powerful Quantum Computer” Is A Hoax With Staged Nikola-Style Photos – An Absurd VC Pump With A Recent Lock-Up Expiration Takes SPAC Abuses To New Extremes Download PDF > https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1609882515470-ZSFOGPI775CQBQ31Q1G7/image-asset.jpeg Our Research - December 18, 2019 Allakos (NASDAQ: ALLK) A Suspect Biotech with a Phase 2 Farce, Incredulous Trial Investigators, and Warning Signs of Potential Fraud Report Summary and PDF > https://scorpioncapital.com/about daily 0.75 2025-09-30 https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/1609971373874-6LM07LBN7R92SH4CCI25/Kir-180.png About https://scorpioncapital.com/submit-an-idea daily 0.75 2024-01-27 https://scorpioncapital.com/contact-us daily 0.75 2024-01-27 https://scorpioncapital.com/disclosures daily 0.75 2024-01-27 https://scorpioncapital.com/track-record daily 0.75 2024-06-04 https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/b014d6be-84e7-40d3-9c3c-59182735c8e7/quantumscape.png Track Record - 4/15/2021 Quantumscape (NYSE: QS) -86% vs. S&P +28% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/ed65f8e3-4794-46cd-9da2-a2caf538301e/ginkgo.png Track Record - 10/6/2021 Ginkgo Bioworks (NYSE: DNA) -96% vs. S&P +22% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/7c10c0ff-a01b-427f-8a7d-b1b15257aebd/ionq.png Track Record - 5/3/2022 IonQ (NYSE: IONQ) -2% vs. S&P +27% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/3685899c-aa04-4c9d-8b4d-a33175c5a447/twist.png Track Record - 11/15/2022 Twist Bioscience (NASDAQ: TWST) +24% vs. S&P +34% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/4b63f65e-bde9-44d8-9dd5-321ce07afd0b/berkeleylights.png Track Record - 9/14/2021 Berkeley Lights (NASDAQ: BLI, ticker change to CELL) -97% vs. S&P +19% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/35cf07c5-9f40-4ef3-99cd-cc58f3ab4a79/axogen.png Track Record - 12/18/2018 Axogen (AXGN) (NASDAQ: AXGN) -75% vs. S&P +108% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/49130041-39fa-4a00-99eb-91cf7b451f12/harmony.png Track Record - 3/28/2023 Harmony Biosciences (NASDAQ: HRMY) -28% vs. S&P +33% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/5de195ca-18b3-4dd4-8f6c-e4ecb937620b/nevro.png Track Record - 1/7/2021 Nevro (NVRO) (NYSE: NVRO) -94% vs. S&P +41% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/a0744753-6138-424d-97f3-dfd149779e36/fanhua.png Track Record - 8/27/2018 Fanhua (FANH) (NASDAQ: FANH) -88% vs. S&P +84% https://images.squarespace-cdn.com/content/v1/5ff0c4bc0400f40890077445/e872fb4a-c568-4834-a7fb-d3782b5204ca/allakos.png Track Record - 12/18/2019 Allakos (ALLK) (NASDAQ: ALLK) -99% vs. S&P +66%