Home / Going-concern warnings / Aspire-Lakewood Holdings, Inc.

5/5Aspire-Lakewood Holdings, Inc. (ASBP): Going-concern doubt

Filed 2025-04-07 路 Form 10-K 路 Accession 0001641172-25-002917 small

Market data

Price before filing: $541.2 (2025-04-04 close, split/dividend-adjusted)
Market cap at flag: $593.5M (2025-04-07) 路 Latest: $9.1M (2026-10-16)

What happened next

WindowASBPSPYvs SPY
30 days-27.5%+11.1%-38.6%2025-05-07
90 days-36.6%+23.2%-59.8%2025-07-07
180 days-14.6%+33.7%-48.3%2025-10-06

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 2025-01-07 to 2025-05-07. 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

"As discussed in Note 1 to the financial statements, the Company's operating losses raise substantial doubt about its 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: independent auditor report in Form 10-K (period 2024-12-31)

Why this score: in auditor's report

Read the original filing on SEC.gov →

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

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