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SEC filings · Form 8-K, Item 2.05

IO Biotech, Inc. layoffs and restructuring

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MentionFox check on IO Biotech, Inc.: 1 red flag found in 3 sources (checked 6 November 2026). mentionfox.com/c/layoffs/io-biotech

  • Bankruptcy filing disclosed Mar 2026 (filing)
  • Note: Layoff plan disclosed Jan 2026 (filing)

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Every exit or restructuring plan IO Biotech, Inc. reported on Form 8-K under Item 2.05: the filing's own words on employees affected, share of workforce, locations, charges and timing.

As of November 6, 2026, IO Biotech, Inc. has reported 2 exit or restructuring plans to the SEC on Form 8-K under Item 2.05, the latest filed on January 30, 2026. No WARN notice under its name is on file in the states covered here (Form 8-K, January 30, 2026).

12 companies announced layoffs this week.

Companies cutting jobs this week. Before you unlock: the company, the number of employees and what is inside. After: every way we found to reach the company. No individual is named in a layoff.

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HBM Healthcare Investments (Cayman) Ltd. also filed stake reports on 7 other companies ↓

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SEC filings2
Latest filing2026-01-30

IO Biotech, Inc. reported 2 exit or restructuring plans on Form 8-K under Item 2.05. Each fact below is the filing's own sentence, quoted and linked. No WARN notice under this company's name is on file in the states covered here.

Did IO Biotech have layoffs in 2026? What its filings say

IO Biotech, Inc. (CIK 1865494) reported 2 exit or restructuring plans to the SEC on Form 8-K under Item 2.05. The sentences below are quoted from the filings as written.

Form 8-K filed 2026-01-30

Expected charges

In connection with the implementation of the Plan, the Company expects to incur one-time charges and cash expenditures in a range of approximately $2.4 million to $2.6 million, primarily related to employee wages and severance payments, healthcare continuation, earned vacation time and related termination costs.

Form 8-K filed 2025-09-29

Share of workforce

The Plan is expected to result in a reduction of approximately 50% of the Company's workforce globally.

Expected charges

In connection with the implementation of the Plan, the Company expects to incur one-time charges and cash expenditures in a range of approximately $1.0 million to $1.5 million, primarily related to employee wages and severance payments, healthcare continuation, earned vacation time and related termination costs..

Timing

The Company expects to incur these charges primarily during the third quarter of 2025 and payment of these charges is expected to be completed by the fourth quarter of 2025.

Also on the record for IO Biotech, Inc.

DateRecordFigureOur pageSource
June 2, 2026Stake report, Schedule 13D/A, by Lundbeckfond Invest A/S27.4% of the class5%+ stakesSource
May 20, 2026Stake report, Schedule 13G/A, by Chernett Jorey—5%+ stakesSource
May 15, 2026Stake report, Schedule 13G/A, by Point72 Asset Management, L.P.—5%+ stakesSource
April 6, 2026Stake report, Schedule 13G/A, by HBM Healthcare Investments (Cayman) Ltd.3.3% of the class5%+ stakesSource
March 31, 2026Leadership change filing (Form 8-K, Item 5.02)—Leadership changesSource
February 13, 2026Stake report, Schedule 13G/A, by Chernett Jorey6.3% of the class5%+ stakesSource
February 6, 2026Stake report, Schedule 13G, by Point72 Asset Management, L.P.5.6% of the class5%+ stakesSource
January 23, 2026Stake report, Schedule 13D/A, by Novo Holdings A/S3.3% of the class5%+ stakesSource
November 14, 2025Stake report, Schedule 13G/A, by Vivo Opportunity, LLC4.6% of the class5%+ stakesSource
November 5, 2025Stake report, Schedule 13G, by Chernett Jorey5.3% of the class5%+ stakesSource
August 19, 2025Stake report, Schedule 13D/A, by Novo Holdings A/S7.3% of the class5%+ stakesSource

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Public companies must also report to the SEC, on Form 8-K under Item 2.05, when they commit to an exit or restructuring plan that will cost them material charges, which is how most large layoffs and closures by listed companies are disclosed. Those filings are national, so they cover companies in every state. Each sentence shown from one is quoted exactly and linked to the filing; where a filing does not state a figure, none is shown.

Where this comes from

Employers covered by the federal WARN Act, and by the stricter laws some states add, must give written notice before a mass layoff or a site closure. The state labor department publishes those notices. Every row here is one of them, taken from that state's own published file and linked to it, so each figure can be checked at the source.

A notice states the employer, the location, the number of employees affected, and when the layoff or closure takes effect. It does not state a reason, and neither does this page. Where a company also appears in SEC filings under the same name and in the same state, its recorded fundraising is shown alongside, as a matter of record rather than as an explanation. New Jersey and Pennsylvania list a notice under the month it was posted or received, not the day, so their notices show a month. Tennessee gives the county rather than the city.

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Last updated 2026-11-06
IO Biotech, Inc. layoffs and restructuring: 2 SEC filings (2026-01-30). MentionFox, 2026-11-06. https://mentionfox.com/layoffs/io-biotech