Home / Going-concern warnings / GOLDENWELL BIOTECH, INC.

5/5GOLDENWELL BIOTECH, INC. (GWLL): Going-concern doubt

Filed 2025-05-15 路 Form 10-K 路 Accession 0001477932-25-003784 nano

Market data

Price before filing: $0.2 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $19.3M (2025-05-15) 路 Latest: $59.4M (2026-10-15)

What happened next

WindowGWLLSPYvs SPY
30 days+0.0%+2.6%-2.6%2025-06-16
90 days+0.0%+10.1%-10.1%2025-08-13
180 days+905.0%+16.9%+888.1%2025-11-11

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.

Verified excerpt

"Accordingly, these factors raise substantial doubt as to the Company's ability to continue as a going concern. 12 Table of Contents Our activities have been financed from the proceeds of share subscriptions."

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 2024-12-31)

Why this score: also within 90 days: Late annual report (NT 10-K), 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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