Home / Going-concern warnings / HAMMER TECHNOLOGY HOLDINGS CORP.
Filed 2025-06-13 路 Form 10-Q 路 Accession 0001062993-25-011658 nano
Price before filing: $0.289 (2025-06-12 close, split/dividend-adjusted)
Market cap at flag: $15.3M (2025-06-13) 路 Latest: $5.9M (2026-10-16)
| Window | HMMR | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -10.0% | +3.8% | -13.8% | 2025-07-14 |
| 90 days | -27.3% | +9.2% | -36.6% | 2025-09-11 |
| 180 days | -53.3% | +14.5% | -67.8% | 2025-12-10 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider bought $2.7M (1 purchase)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-25 | SEVELL MICHAEL Director, 10% owner | Purchase | 10,154,542 | $0.26 | check filing | no | Form 4 |
| 2025-06-13: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-15 to 2025-07-13. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of these financial statements."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-04-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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