Home / Going-concern warnings / STRATEGIC ACQUISITIONS INC /NV/

5/5STRATEGIC ACQUISITIONS INC /NV/ (STQN): Going-concern doubt

Filed 2026-04-06 路 Form 10-K 路 Accession 0001493152-26-015204 nano

Market data

Price before filing: $0.2004 (2026-04-02 close, split/dividend-adjusted)
Market cap at flag: $11.7M (2026-04-06) 路 Latest: $17.7M (2026-10-12)

What happened next

WindowSTQNSPYvs SPY
30 days+24.8%+11.9%+12.9%2026-05-06
90 days+24.8%+14.9%+9.9%2026-07-06
180 days+96.0%+18.7%+77.2%2026-10-05

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 $40K (2 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-02-04OSHEA JOHN P
President, Director, 10% owner
Purchase30,000,000$0.00$30KnoForm 4/A
2026-02-18O'Shea Jennifer L
Director, 10% owner
Purchase10,000,000$0.00$10KnoForm 4
2026-04-06: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-01-06 to 2026-05-06. 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

"As discussed in Note 3 to the financial statements, the Company's losses from operations and accumulated deficit raise substantial doubt about the Company's ability to continue as a going concern."

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.

Going-concern opinion issued by: INTEGRITAT CPA
Source: independent auditor report in Form 10-K (period 2025-12-31)

Why this score: in auditor's report; also within 90 days: Auditor change

Read the original filing on SEC.gov →

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

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