Home / Going-concern warnings / Blackwell 3D Construction Corp.

4/5Blackwell 3D Construction Corp. (BDCC): Going-concern doubt

Filed 2025-04-23 路 Form 10-Q 路 Accession 0001477932-25-002903 nano

Market data

Price before filing: $0.1 (2025-04-22 close, split/dividend-adjusted)
Market cap at flag: $11,380 (2025-04-23) 路 Latest: $11,399 (2026-10-15)

What happened next

WindowBDCCSPYvs SPY
30 days-35.0%+9.8%-44.8%2025-05-23
90 days-54.0%+19.6%-73.6%2025-07-22
180 days-62.9%+28.1%-91.0%2025-10-20

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 2025-01-23 to 2025-05-23. 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

"During the nine months ended February 28, 2025, the Company has incurred net losses of $ 2,475,793 , accumulated deficits of $ 11,708,607 , and used cash in operations of $ 299,051 . These conditions raise substantial doubt about the Company's ability to continue as a going concern."

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 2025-02-28)

Why this score: quarterly (unaudited) disclosure; 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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