3/5Evergreen Corp (EGRVF): Going-concern doubt

Market data

n/a: no price data available for EGRVF.

Verified excerpt

"The liquidity condition and mandatory liquidation raise substantial doubt about the Company's ability to continue as a going concern within one year after the date that the financial statements are issued."

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-Q (period 2025-02-28)

Why this score: quarterly (unaudited) disclosure