Home / Going-concern warnings / BIOFORCE NANOSCIENCES HOLDINGS, INC.
Filed 2026-04-15 路 Form 10-K 路 Accession 0001091818-26-000047 nano
Price before filing: $0.45 (2026-04-14 close, split/dividend-adjusted)
Market cap at flag: $15.1M (2026-04-15) 路 Latest: $231.8M (2026-10-16)
| Window | BFNH | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +93.8% | +6.4% | +87.3% | 2026-05-15 |
| 90 days | +213.3% | +8.5% | +204.8% | 2026-07-14 |
| 180 days | +1722.2% | +12.6% | +1709.6% | 2026-10-12 |
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: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $400K (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-04-15: red flag filed | |||||||
| 2026-04-22 | Ferguson Merle Director | Sale | 26,700,000 | $0.01 | $400K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-01-15 to 2026-05-15. 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.
"This raises substantial doubt about its ability to continue as a going concern."
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.
Going-concern opinion issued by: MICHAEL GILLESPIE & ASSOCIATES, PLLC
Source: independent auditor report in Form 10-K (period 2025-12-31)
Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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