Home / Restatements / Moatable, Inc.

5/5Moatable, Inc. (MTBLY): Non-reliance / restatement

Filed 2025-04-04 路 Form 8-K 路 Accession 0001104659-25-032241 nano

Market data

Price before filing: $1.6 (2025-04-03 close, split/dividend-adjusted)
Market cap at flag: $581,064 (2025-04-04) 路 Latest: $13.2M (2026-10-15)

What happened next

WindowMTBLYSPYvs SPY
30 days-28.8%+5.0%-33.7%2025-05-05
90 days-26.3%+16.9%-43.1%2025-07-03
180 days+84.4%+25.3%+59.1%2025-10-01

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.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-04 to 2025-05-04. 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.

Verified excerpt

"Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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