Home / Going-concern warnings / REALLOYS INC.
Filed 2026-05-20 路 Form 10-Q 路 Accession 0001628280-26-036966 small
Price before filing: $8.92 (2026-05-19 close, split/dividend-adjusted)
Market cap at flag: $527.8M (2026-05-20) 路 Latest: $460.0M (2026-10-16)
| Window | ALOY | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +120.9% | +1.7% | +119.1% | 2026-06-22 |
| 90 days | +51.3% | +4.9% | +46.5% | 2026-08-18 |
| 180 days | pending | pending | until 2026-11-16 |
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: 3 insiders sold $2.7M (8 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-02-26 | WINSPEAR ROBERT L Chief Financial Officer, Director | Sale | 17,000 | $15.09 | $257K | no | Form 4/A |
| 2026-02-27 | Smith Charles Brandon Former Officer | Sale | 7,500 | $15.00 | $112K | no | Form 4 |
| 2026-02-27 | Smith Charles Brandon Former Officer | Sale | 1,000 | $19.00 | $19K | no | Form 4 |
| 2026-03-03 | Smith Charles Brandon Former Officer | Sale | 1,000 | $20.86 | $21K | no | Form 4 |
| 2026-03-04 | Smith Charles Brandon Former Officer | Sale | 5,000 | $26.00 | $130K | no | Form 4 |
| 2026-03-13 | KEPLER GUST 10% owner | Sale | 49,000 | $12.31 | $603K | no | Form 4 |
| 2026-03-16 | KEPLER GUST 10% owner | Sale | 71,000 | $11.01 | $782K | no | Form 4 |
| 2026-03-17 | KEPLER GUST 10% owner | Sale | 62,000 | $12.89 | $799K | no | Form 4 |
| 2026-05-20: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-19 to 2026-06-19. 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.
"Based on this assessment, management concluded that substantial doubt about the Company's ability to continue as a going concern did not exist."
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 2026-03-31)
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.
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