Home / Going-concern warnings / Wag! Group Co.
Filed 2025-05-12 路 Form 10-Q 路 Accession 0001842356-25-000063 nano
Price before filing: $0.1509 (2025-05-09 close, split/dividend-adjusted)
Market cap at flag: $7.4M (2025-05-12) 路 Latest: $2.4M (2026-03-09)
| Window | PET | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -1.5% | +6.6% | -8.1% | 2025-06-11 |
| 90 days | -95.0% | +13.0% | -108.0% | 2025-08-11 |
| 180 days | n/a | n/a | n/a | no price |
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.
"Due to the Company's projected cash needs (which includes amounts due under the PPP Loan and the Financing Agreement) combined with its current liquidity level and history of net losses and cash used to fund operating activities, there is substantial doubt regarding the Company's ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed..."
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 2025-03-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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