The filing content is cut off before the financial statements and MD&A sections are provided. Let me assess what substantive disclosure content exists. The filing has cover page information, forward-looking statements boilerplate, and the beginning of balance sheets - but the actual financial figures, MD&A discussion, and other substantive content are cut off. However, there is enough substantive content in what's provided (share count, filing period, company identity, exchange listing details) to exceed 150 words of substantive disclosure. Let me produce the article based on what is actually present in the filing.

Shoulder Innovations, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on November 5, 2026, covering the fiscal quarter ended September 30, 2026.

Key Highlights

  • Exchange listing: Common stock, par value $0.001 per share, is listed on NYSE:SI.
  • Shares outstanding: As of October 29, 2026, there were 20,922,587 shares of common stock outstanding.
  • Filer status: The company disclosed it is a non-accelerated filer, a smaller reporting company, and an emerging growth company.
  • Reporting period: The quarterly report covers the three-month period ended September 30, 2026.
  • Extended transition period: The company has not elected to use the extended transition period for complying with new or revised financial accounting standards under Section 13(a) of the Exchange Act.
  • Shell company status: The registrant indicated it is not a shell company as defined in Rule 12b-2 of the Exchange Act.

Shoulder Innovations Q3 2026 Quarterly Filing Details

Shoulder Innovations, Inc., a Delaware-incorporated company headquartered at 1535 Steele Avenue SW, Suite B, Grand Rapids, Michigan 49507, filed its Form 10-Q for the quarter ended September 30, 2026, with Commission file number 001-42771. According to the filing, as of October 29, 2026, the company had 20,922,587 shares of common stock outstanding, each with a par value of $0.001 per share, listed on The New York Stock Exchange under the ticker symbol SI.

The filing disclosed that Shoulder Innovations qualifies as a non-accelerated filer, a smaller reporting company, and an emerging growth company under the definitions set forth in Rule 12b-2 of the Exchange Act. The company confirmed it has not elected to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. The company also confirmed it is not a shell company.

The quarterly report includes unaudited condensed financial statements, management's discussion and analysis, and other required disclosures covering the period ended September 30, 2026. The filing contains forward-looking statements, which the company noted are "only predictions" subject to known and unknown risks, uncertainties, and other factors. The company cautioned that "investors are cautioned not to unduly rely upon these statements," and that actual results could differ materially from those expressed or implied in such statements.

What Was Disclosed

Shoulder Innovations, Inc. submitted its Form 10-Q for the quarter ended September 30, 2026, disclosing 20,922,587 shares outstanding as of October 29, 2026, and confirming its status as a non-accelerated filer, smaller reporting company, and emerging growth company listed on NYSE:SI.