Home / Going-concern warnings / SS Innovations International, Inc.

4/5SS Innovations International, Inc. (SSII): Going-concern doubt

Filed 2026-03-10 路 Form 10-K 路 Accession 0001213900-26-025440 small

Market data

Price before filing: $4.68 (2026-03-09 close, split/dividend-adjusted)
Market cap at flag: $866.4M (2026-03-10) 路 Latest: $506.3M (2026-10-16)

What happened next

WindowSSIISPYvs SPY
30 days-3.4%+0.5%-3.9%2026-04-09
90 days-24.6%+9.3%-33.9%2026-06-08
180 days-30.1%+13.5%-43.7%2026-09-08

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: 3 insiders bought $5.2M (3 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-03-06Adams Timothy P.
Director
Purchase300,000$3.99$1.2MnoForm 4
2026-03-06MOLL FREDERIC H
Director, 10% owner
Purchase501,253$3.99$2.0MnoForm 4
2026-03-06Sudhir Srivastava
Chairman and CEO, Director, 10% owner
Purchase498,753$4.01$2.0MnoForm 4
2026-03-10: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-10 to 2026-04-09. 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

"These conditions raise substantial doubt about our ability to continue as a going concern. 27 The following table provides selected financial data about our Company at December 31, 2025, and December 31, 2024: Balance Sheet Data As of As of December 31, 2025 December 31, 2024 Cash 3,206,406 466,500 Restricted cash** 6,396,614 6,157,035 Total Assets 74,226,217 42,385,213 Total Liabilities 36,007,966 28,928,110 Total..."

Quoted from the filing. Source

What this means

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-K (period 2025-12-31)

Read the original filing on SEC.gov →

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

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