3/5Allegro Merger Corp.: Going-concern doubt

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"Going Concern As of March 31, 2026, the Company had a cash balance of $ 2,749 and a working capital deficit of $ 1,182,817 . In addition, in connection with the Company's assessment of going concern considerations in accordance with Financial Accounting Standard Board's Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern", management has..."

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-Q (period 2026-03-31)

Why this score: quarterly (unaudited) disclosure