Home

Terrestrial Energy Inc. /DE/ (HOND) red flags

CIK 0002019804 路 Charlotte, NC 路 SIC 3443 路 All EDGAR filings

5 verified red-flag event(s) since 2025-04-01. Red flag score: 38 how it's calculated

3Terrestrial Energy Inc. /DE/ (HOND) Auditor changesmall2025-11-24
routine: auditor replaced after company merger/SPAC deal; also within 90 days: Going-concern doubt 路 company history
4Terrestrial Energy Inc. /DE/ (HOND) Going-concern doubt (10-Q)small2025-11-14
quarterly (unaudited) disclosure; also within 90 days: Auditor change 路 company history
4Terrestrial Energy Inc. /DE/ (HOND) Going-concern doubt (10-Q)micro2025-08-12
quarterly (unaudited) disclosure; also within 90 days: Non-reliance / restatement 路 company history
5Terrestrial Energy Inc. /DE/ (HOND) Non-reliance / restatementmicro2025-07-15
also within 90 days: Going-concern doubt 路 company history
4Terrestrial Energy Inc. /DE/ (HOND) Going-concern doubt (10-Q)micro2025-05-20
quarterly (unaudited) disclosure; also within 90 days: Non-reliance / restatement 路 company history

Red flag score: 38 / 100 · elevated

Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 23.8 → score = 100 × (1 − e−points/50) = 38. Full method

FlagFiledSeverityPointsAgeDecayCounts
Auditor change2025-11-242/58.0327 d×0.282.3
Going-concern doubt2025-11-143/514.0337 d×0.273.8
Going-concern doubt2025-08-123/514.0431 d×0.192.7
Non-reliance / restatement2025-07-155/530.0459 d×0.175.1
Going-concern doubt2025-05-203/514.0515 d×0.141.9
Multiple flag types in the last 365 days (2 types)+8

The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.

What happened next

FlagDateCap at flag30d90d180d
Auditor change2025-11-24n/an/an/an/a
Going-concern doubt2025-11-14n/an/an/an/a
Going-concern doubt2025-08-12$67.0M+9.2%n/an/a
Non-reliance / restatement2025-07-15$64.2M+3.9%+88.5%n/a
Going-concern doubt2025-05-20$177.9M+6.1%+7.2%n/a

Stock return after each flag; pending = window not yet elapsed; n/a = no price data.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.