CIK 0001868573 路 Grand Cayman, E9 路 SIC 6770 路 All EDGAR filings
1 verified red-flag event(s) since 2025-04-01 and 16 earlier one(s) from our 2015-2025 history. Red flag score: 11 how it's calculated
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| Filed | Flag (links to the SEC filing) | Severity | Why |
|---|---|---|---|
| 2024-09-27 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2024-09-27 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2024-09-13 | Going-concern doubt | 5 | in auditor's report |
| 2024-02-28 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2023-08-15 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2023-08-15 | Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 1 | report filed within the extension on 2023-08-15 |
| 2023-05-16 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2023-05-16 | Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 1 | report filed within the extension on 2023-05-16 |
| 2023-03-31 | Going-concern doubt | 5 | in auditor's report |
| 2022-11-14 | Going-concern doubt (10-Q) | 4 | quarterly (unaudited) disclosure; also within 90 days: Non-reliance / restatement |
| 2022-09-01 | Going-concern doubt (10-Q) | 4 | quarterly (unaudited) disclosure; also within 90 days: Filing-delay notice, quarterly report (NT 10-Q), Non-reliance / restatement |
| 2022-08-18 | Non-reliance / restatement | 5 | also within 90 days: Going-concern doubt, Filing-delay notice, quarterly report (NT 10-Q) |
| 2022-08-15 | Late quarterly report (NT 10-Q) | 4 | filed late on 2022-09-01; also within 90 days: Going-concern doubt, Non-reliance / restatement |
| 2022-05-16 | Going-concern doubt (10-Q) | 3 | quarterly (unaudited) disclosure |
| 2022-04-08 | Going-concern doubt | 5 | in auditor's report |
| 2022-03-31 | Filing-delay notice, annual report filed within extension (NT 10-K) | 1 | report filed within the extension on 2022-04-08 |
From our 10-year history, classified with the same rules as current flags. Older flags have no page of their own; see the research study for how flagged stocks did afterwards.
Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 5.6 → score = 100 × (1 − e−points/50) = 11. Full method
| Flag | Filed | Severity | Points | Age | Decay | Counts |
|---|---|---|---|---|---|---|
| Going-concern doubt | 2025-06-11 | 3/5 | 14.0 | 494 d | ×0.15 | 2.1 |
| Going-concern doubt (history) | 2024-09-27 | 3/5 | 0.0 (same batch) | 751 d | ×0.06 | 0.0 |
| Going-concern doubt (history) | 2024-09-27 | 3/5 | 14.0 | 751 d | ×0.06 | 0.8 |
| Going-concern doubt (history) | 2024-09-13 | 5/5 | 30.0 | 765 d | ×0.05 | 1.6 |
| Going-concern doubt (history) | 2024-02-28 | 3/5 | 14.0 | 963 d | ×0.02 | 0.3 |
| Going-concern doubt (history) | 2023-08-15 | 3/5 | 14.0 | 1160 d | ×0.01 | 0.2 |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) (history) | 2023-08-15 | 1/5 | 1.2 | 1160 d | ×0.01 | 0.0 |
| Going-concern doubt (history) | 2023-05-16 | 3/5 | 14.0 | 1251 d | ×0.01 | 0.1 |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) (history) | 2023-05-16 | 1/5 | 1.2 | 1251 d | ×0.01 | 0.0 |
| Going-concern doubt (history) | 2023-03-31 | 5/5 | 30.0 | 1297 d | ×0.01 | 0.2 |
| Going-concern doubt (history) | 2022-11-14 | 3/5 | 14.0 | 1434 d | ×0.00 | 0.1 |
| Going-concern doubt (history) | 2022-09-01 | 3/5 | 14.0 | 1508 d | ×0.00 | 0.0 |
| Non-reliance / restatement (history) | 2022-08-18 | 5/5 | 30.0 | 1522 d | ×0.00 | 0.1 |
| Late quarterly report (NT 10-Q) (history) | 2022-08-15 | 3/5 | 9.8 | 1525 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2022-05-16 | 3/5 | 14.0 | 1616 d | ×0.00 | 0.0 |
| Going-concern doubt (history) | 2022-04-08 | 5/5 | 30.0 | 1654 d | ×0.00 | 0.1 |
| Filing-delay notice, annual report filed within extension (NT 10-K) (history) | 2022-03-31 | 1/5 | 1.2 | 1662 d | ×0.00 | 0.0 |
The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.
| Flag | Date | Cap at flag | 30d | 90d | 180d | 1y |
|---|---|---|---|---|---|---|
| Going-concern doubt | 2025-06-11 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2024-09-27 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2024-09-27 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2024-09-13 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2024-02-28 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2023-08-15 | n/a | n/a | n/a | n/a | n/a |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 2023-08-15 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2023-05-16 | n/a | n/a | n/a | n/a | n/a |
| Filing-delay notice, quarterly report filed within extension (NT 10-Q) | 2023-05-16 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2023-03-31 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2022-11-14 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2022-09-01 | n/a | n/a | n/a | n/a | n/a |
| Non-reliance / restatement | 2022-08-18 | n/a | n/a | n/a | n/a | n/a |
| Late quarterly report (NT 10-Q) | 2022-08-15 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2022-05-16 | n/a | n/a | n/a | n/a | n/a |
| Going-concern doubt | 2022-04-08 | n/a | n/a | n/a | n/a | n/a |
| Filing-delay notice, annual report filed within extension (NT 10-K) | 2022-03-31 | n/a | n/a | n/a | n/a | n/a |
Stock return after each flag; pending = window not yet elapsed; n/a = no price data (for older flags often because the stock no longer trades).
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