Home / Going-concern warnings / YHN Acquisition I Ltd
Filed 2025-07-31 路 Form 10-Q 路 Accession 0001683168-25-005534 micro
Price before filing: $10.37 (2025-07-30 close, split/dividend-adjusted)
Market cap at flag: $62.2M (2025-07-31) 路 Latest: $28.2M (2026-10-16)
| Window | YHNA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +0.8% | +0.9% | -0.1% | 2025-09-02 |
| 90 days | +1.4% | +8.6% | -7.2% | 2025-10-29 |
| 180 days | +2.7% | +10.2% | -7.5% | 2026-01-27 |
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: no open-market insider sales or purchases reported.
30 days after: 1 insider sold $210 (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-07-31: red flag filed | |||||||
| 2025-08-01 | Tominaga Satoshi Former CEO and Director | Sale | 15,000 | $0.01 | $210 | no | Form 4/A |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-05-02 to 2025-08-30. 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.
"These conditions raise substantial doubt about the 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 2025-06-30)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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