Home / Going-concern warnings / SafeSpace Global Corp
Filed 2026-03-17 路 Form 10-Q 路 Accession 0001493152-26-010534 nano
Price before filing: $0.1851 (2026-03-16 close, split/dividend-adjusted)
Market cap at flag: $34.4M (2026-03-17) 路 Latest: $14.2M (2026-10-16)
| Window | SSGC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -23.6% | +5.2% | -28.7% | 2026-04-16 |
| 90 days | -43.3% | +13.1% | -56.4% | 2026-06-15 |
| 180 days | -47.9% | +14.3% | -62.3% | 2026-09-14 |
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: 1 insider bought $25K (3 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-12-18 | Hillis Dustin Michael Pres & Chief Strat Officer | Purchase | 18,700 | $0.24 | $4K | no | Form 4 |
| 2025-12-19 | Hillis Dustin Michael Pres & Chief Strat Officer | Purchase | 62,500 | $0.25 | $16K | no | Form 4 |
| 2025-12-22 | Hillis Dustin Michael Pres & Chief Strat Officer | Purchase | 18,800 | $0.26 | $5K | no | Form 4 |
| 2026-03-17: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-17 to 2026-04-16. 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.
"It is management's opinion that these conditions raise substantial doubt about the Company's ability to continue as a going concern."
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 2026-01-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.