On this page of StockholderLetter.com we present the latest annual shareholder letter from Rapport Therapeutics, Inc. — ticker symbol RAPP. Reading current and past RAPP letters to shareholders can bring important insights into the investment thesis.

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 • shareholder letter icon 4/24/2025 Letter Continued (Full PDF)
 • stockholder letter icon More "Biotechnology" Category Stockholder Letters
 • Benford's Law Stocks icon RAPP Benford's Law Stock Score = 90


RAPP Shareholder/Stockholder Letter Transcript:


01  345  6785971 95   

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dVC  eMIKMf  gaOSMa  hMF[CH
BCDEFGHGCI  FCJGIHCFCK  LEFIEMNH  HO  BCDHGON  PQRJT  OU  HVC  WDHX  eONC
iNKGDMHC  Sj  DVCD[  ZMF[  GU  HVC  FCJGIHFMNH  GI  M  kCaal[NOkN  ICMIONCK  GIIECF\  MI  KCUGNCK  GN  bEaC  m^n  OU  HVC  BCDEFGHGCI  WDH_  opB  q          er  s
iNKGDMHC  Sj  DVCD[  ZMF[  GU  HVC  FCJGIHFMNH  GI  NOH  FCfEGFCK  HO  UGaC  FCLOFHI  LEFIEMNH  HO  BCDHGON  Pt  OF  PnRKT  OU  HVC  WDH_    opB  q          er  s
iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  HVC  FCJGIHFMNHX  RPT  VMI  UGaCK  Maa  FCLOFHI  FCfEGFCK  HO  SC  UGaCK  Sj  BCDHGON  Pt  OF  PnRKT  OU  HVC  BCDEFGHGCI  puDVMNJC  WDH  OU  Pvtm  KEFGNJ  HVC  
LFCDCKGNJ  PQ  ZONHVI  ROF  UOF  IEDV  IVOFHCF  LCFGOK  HVMH  HVC  FCJGIHFMNH  kMI  FCfEGFCK  HO  UGaC  IEDV  FCLOFHIT\  MNK  RQT  VMI  SCCN  IESwCDH  HO  IEDV  UGaGNJ  FCfEGFCZCNHI  UOF  HVC  LMIH  v^  KMjI_    
opB  s          er  q
iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  HVC  FCJGIHFMNH  VMI  IESZGHHCK  CaCDHFONGDMaaj  C`CFj  iNHCFMDHG  C  xMHM  yGaC  FCfEGFCK  HO  SC  IESZGHHCK  LEFIEMNH  HO  bEaC  m^n  OU  bCJEaMHGON  Bl
d  RzQtQ_m^n  OU  HVGI  DVMLHCFT  KEFGNJ  HVC  LFCDCKGNJ  PQ  ZONHVI  ROF  UOF  IEDV  IVOFHCF  LCFGOK  HVMH  HVC  FCJGIHFMNH  kMI  FCfEGFCK  HO  IESZGH  IEDV  UGaCIT_    opB  s          er  q
iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  HVC  FCJGIHFMNH  GI  M  aMFJC  MDDCaCFMHCK  UGaCF\  MN  MDDCaCFMHCK  UGaCF\  M  NONlMDDCaCFMHCK  UGaCF\  IZMaaCF  FCLOFHGNJ  DOZLMNj\  OF  MN  CZCFJGNJ  
JFOkHV  DOZLMNj_  BCC  HVC  KCUGNGHGONI  OU  {aMFJC  MDDCaCFMHCK  UGaCF\|  {MDDCaCFMHCK  UGaCF\|  {IZMaaCF  FCLOFHGNJ  DOZLMNj\|  MNK  {CZCFJGNJ  JFOkHV  DOZLMNj|  GN  bEaC  PQSlQ  OU  HVC  
puDVMNJC  WDH_
}MFJC  MDDCaCFMHCK  UGaCF
  q
    WDDCaCFMHCK  UGaCF
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eONlMDDCaCFMHCK  UGaCF
  s
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iU  MN  CZCFJGNJ  JFOkHV  DOZLMNj\  GNKGDMHC  Sj  DVCD[  ZMF[  GU  HVC  FCJGIHFMNH  VMI  CaCDHCK  NOH  HO  EIC  HVC  CuHCNKCK  HFMNIGHGON  LCFGOK  UOF  DOZLajGNJ  kGHV  MNj  NCk  OF  FC`GICK  
UGNMNDGMa  MDDOENHGNJ  IHMNKMFKI  LFO`GKCK  LEFIEMNH  HO  BCDHGON  PtRMT  OU  HVC  puDVMNJC  WDH_    q
iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  HVC  FCJGIHFMNH  VMI  UGaCK  M  FCLOFH  ON  MNK  MHHCIHMHGON  HO  GHI  ZMNMJCZCNH~I  MIICIIZCNH  OU  HVC  CUUCDHG  CNCII  OU  GHI  GNHCFNMa  DONHFOa  O`CF  
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iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  MNj  OU  HVOIC  CFFOF  DOFFCDHGONI  MFC  FCIHMHCZCNHI  HVMH  FCfEGFCK  M  FCDO`CFj  MNMajIGI  OU  GNDCNHG  ClSMICK  DOZLCNIMHGON  FCDCG  CK  Sj  MNj  OU  
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iNKGDMHC  Sj  DVCD[  ZMF[  kVCHVCF  HVC  FCJGIHFMNH  GI  M  IVCaa  DOZLMNj  RMI  KCUGNCK  GN  bEaC  PQSlQ  OU  HVC  puDVMNJC  WDHT_    opB  q          er  s
dVC  MJJFCJMHC  ZMF[CH    MaEC  OU  HVC    OHGNJ  MNK  NONl`OHGNJ  DOZZON  CfEGHj  VCaK  Sj  NONlMUUGaGMHCI  OU  HVC  FCJGIHFMNH\  SMICK  ON  HVC  DaOIGNJ  LFGDC  OU  HVC  IVMFCI  OU  DOZZON  
IHOD[  ON  HVC  eMIKMf  gaOSMa  hMF[CH  ON    ENC  Q  \  Q^Qm  kMI  ]m  m\nP  \^  Q_
dVC  NEZSCF  OU  IVMFCI  OU  FCJGIHFMNH~I  DOZZON  IHOD[  OEHIHMNKGNJ  MI  OU  hMFDV  P\  Q^Qn  kMI  t  \mv  \mt  _
xrY hpedB  ieYrbcrbWdpx    o  bpypbpeYp
cOFHGONI  OU  HVC  FCJGIHFMNH~I  KCUGNGHG  C  LFOuj  IHMHCZCNH  UOF  GHI  Q^Qn  WNNEMa  hCCHGNJ  OU  BHOD[VOaKCFI  HO  SC  UGaCK  LEFIEMNH  HO  bCJEaMHGON  PmW  kGHVGN  PQ^  KMjI  OU  HVC  CNK  
OU  HVC  FCJGIHFMNH~I  UGIDMa  jCMF  CNKCK  xCDCZSCF  tP\  Q^Qm  MFC  GNDOFLOFMHCK  Sj  FCUCFCNDC  GNHO  cMFH  iii  OU  HVGI  WNNEMa  bCLOFH  ON  yOFZ  P^l  HO  HVC  CuHCNH  IHMHCK  VCFCGN_  



shareholder letter icon 4/24/2025 Letter Continued (Full PDF)
 

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