Home / Going-concern warnings / T-REX Acquisition Corp.
Filed 2026-02-23 路 Form 10-Q 路 Accession 0001477932-26-000986 nano
Price before filing: $1 (2026-02-20 close, split/dividend-adjusted)
Market cap at flag: $27.2M (2026-02-23) 路 Latest: $17.7M (2026-10-13)
| Window | TRXA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +26.0% | -4.5% | +30.5% | 2026-03-25 |
| 90 days | -49.0% | +9.2% | -58.2% | 2026-05-26 |
| 180 days | -35.0% | +11.3% | -46.3% | 2026-08-24 |
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.
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 2025-11-25 to 2026-03-25. 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.
"GOING CONCERN The Company's financial condition raises substantial doubt about its ability to continue as a going concern due to: Financial Deficits: As of December 31, 2025, the Company: (a) reported an accumulated deficit of $10,969,465 and a working capital deficit of $2,100,806;"
Quoted from the filing. Source
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 2025-12-31)
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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