Home / Restatements / ABUNDIA GLOBAL IMPACT GROUP, INC.

5/5ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG): Non-reliance / restatement

Filed 2026-02-06 路 Form 8-K 路 Accession 0001493152-26-005626 micro

Market data

Price before filing: $2.73 (2026-02-05 close, split/dividend-adjusted)
Market cap at flag: $120.0M (2026-02-06) 路 Latest: $36.5M (2026-10-16)

What happened next

WindowAGIGSPYvs SPY
30 days-31.5%+0.1%-31.6%2026-03-09
90 days-60.1%+8.3%-68.3%2026-05-07
180 days-66.2%+14.2%-80.4%2026-08-05

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: 2 insiders bought $112K (4 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-12-19Gillespie Edward Oliver
Chief Executive Officer, Director
Purchase8,461$1.65$14KnoForm 4
2025-12-19Henninger Matthew T.
Director
Purchase9,500$1.74$17KnoForm 4
2025-12-22Gillespie Edward Oliver
Chief Executive Officer, Director
Purchase30,000$1.91$57KnoForm 4
2025-12-23Gillespie Edward Oliver
Chief Executive Officer, Director
Purchase12,500$1.92$24KnoForm 4
2026-02-06: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-11-08 to 2026-03-08. 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

"(the "Company") concluded that the unaudited consolidated interim financial statements included in the Quarterly Report on Form 10-Q for the three and nine month periods ended September 30, 2025 (the "Non-Reliance Periods"), should no longer be relied upon due to an understatement in the Company's general and administrative expenses."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

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

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