Home / Going-concern warnings / Superstar Platforms Inc.

4/5Superstar Platforms Inc. (SPST): Going-concern doubt

Filed 2026-04-15 路 Form 10-K 路 Accession 0001493152-26-016892 nano

Market data

Price before filing: $0.098 (2026-04-14 close, split/dividend-adjusted)
Market cap at flag: $17.8M (2026-04-15) 路 Latest: $3.6M (2026-10-16)

What happened next

WindowSPSTSPYvs SPY
30 days-10.2%+6.4%-16.6%2026-05-15
90 days-24.5%+8.5%-33.0%2026-07-14
180 days-60.3%+12.6%-72.9%2026-10-12

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 2026-01-15 to 2026-05-15. 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

"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-K (period 2025-12-31)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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