Recent critical credit events

SOURCE (EXCERPT)

“The Company currently has no commitments to receive such financing and there is no assurance that the Company’s plans to raise capital will be successful.”

“If our estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a business combination is less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our business combination.”

“As discussed in Note 5, on December 9, 2024, the Sponsor agreed to loan the Company an aggregate of up to $160,000 pursuant to a promissory note to pay for various expenses of the Company and for working capital purposes.”

SOURCE (EXCERPT)

“6. | Approved, for the purposes of complying with Nasdaq Listing Rule 5635(d), the issuance of 18,000 shares of the Company’s common stock pursuant to that certain Forbearance Letter Agreement, dated July 24, 2026, by and between Company and Agile Lending, LLC (the “Forbearance Shares Proposal”);”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time.”

“Our auditors have issued a “going concern” opinion, meaning that there is substantial doubt if we can continue as an on-going business for the next twelve months unless we obtain additional capital.”

“The Company has a short operating history, has generated limited revenue, and depends on advances from its director and additional financing to fund operations; however, the Company’s cash position may not be sufficient to support the Company’s daily operations.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financials are issued.”

“No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company ability to continue as a going concern.”

“This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months.”

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“Accordingly, management's plans do not alleviate substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“On October 28, 2026, the Company received written notice from the Panel that it had determined to delist the Company’s securities from Nasdaq because the Company’s closing bid price was $0.87 on October 14, 2026, and the Company therefore did not satisfy the terms of the exception.”

“As previously disclosed, Glucotrack, Inc. (the “Company”) received a determination from The Nasdaq Stock Market LLC (“Nasdaq”) to delist the Company’s securities for failure to comply with the $1.00 minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).”

SOURCE (EXCERPT)

“These factors also raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.”

“The Company may need to obtain Working Capital Loans from the Sponsor to fund its operations until then; however, the Sponsor is not obligated to provide such loans.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date of this report.”

“If we do not obtain additional capital from external sources, we will not have sufficient working capital to fund our planned operations or be able to continue as a going concern.”

SOURCE (EXCERPT)

“Management's plans are not expected to alleviate the substantial doubt about the Company's ability to continue as a going concern.”

“These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a period of one year from the issuance of the financial statements.”

“There can be no assurance that we will be able to raise additional capital, when needed, to continue operations in their current form.”

SOURCE (EXCERPT)

“As of July 31, 2026, our independent auditor issued a “going concern” opinion which means that there is substantial doubt on the matter of us continuing as an on-going business for the next twelve months if we do not obtain additional capital.”

“These factors raise substantial doubt about the entity’s ability to continue as a going concern.”

“Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses, which will include advances through related party loans.”

SOURCE (EXCERPT)

“As a result, management has concluded that substantial doubt exists regarding our ability to continue as a going concern for at least 12 months from the date of issuance of the accompanying consolidated financial statements.”

“Substantial doubt exists regarding our ability to continue as a going concern, and we will require additional financing to fund our operations.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the consolidated financial statements are issued.”

SOURCE (EXCERPT)

“This factor raises substantial doubt about the Company’s ability to continue as a going concern.”

“These factors raise substantial doubt about the ability of the Company to continue as a going concern.”

“The Company has no current arrangements with respect to, or sources of, such additional financing and the Company does not anticipate that existing shareholders will provide any portion of the Company’s future financing requirements.”

SOURCE (EXCERPT)

“Borrowers further acknowledge that this Agreement constitutes written notice pursuant to the Loan Documents of the continuation uncured of such Existing Defaults.”

SOURCE (EXCERPT)

“Any Default or Event of Default that has arisen or may arise under Section 7.01(d) of the Credit Agreement solely as a result of the Fixed Charge Coverage Ratio for the Specified Test Period being less than the level required by Section 6.12(b) of the Credit Agreement is referred to herein as the…”

SOURCE (EXCERPT)

“Accordingly, substantial doubt exists about the Company's ability to continue as a going concern within twelve months after the date these condensed consolidated financial statements are issued.”

“As such, Management has concluded that the Company's existing cash and cash equivalents are not sufficient to fund its operations for at least twelve months from the date of issuance of these interim condensed consolidated financial statements.”

“We do not expect our existing cash and cash equivalents will be sufficient to fund our operations through the next twelve months and we will need to seek additional capital to fund our operations, working capital needs, capital expenditures and other strategic initiatives beyond that time.”

SOURCE (EXCERPT)

“There is substantial doubt about our ability to continue as a going concern, and our current cash, cash equivalents and short-term investments will not be sufficient to fund our anticipated operations without additional financing.”

“As discussed in Note 1 to the consolidated financial statements, the Company incurred operating losses, negative cash flows from operating activities and has an accumulated deficit that raise substantial doubt about its ability to continue as a going concern.”

“The uncertainty of the Company’s ability to raise such financial capital casts substantial doubt on the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

“Due to the Company not yet generating any significant revenue, recurring net losses, negative cashflows from operating activities and an accumulated deficit, management believes there is substantial doubt about the Company’s ability to continue as a going concern without additional capital.”

“Management estimates that it will require additional cash resources during Q4 2027, based upon its current operating plan and condition.”

SOURCE (EXCERPT)

“Based on the above factors, management determined there is substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.”

“The Company believes that based on its current level of operating expenses, its existing cash and cash equivalents may not be sufficient to cover operating cash needs through the twelve-month period from the financial statement reporting date.”

“In order to provide the necessary cash resources to continue operations and continue the litigation related to the 111 West 57th Property, and pay amounts owed, the Company and RAB entered into a litigation funding agreement (the “RAB 2026 LFA”).”

SOURCE (EXCERPT)

“These plans depend on the Court and on third parties and do not alleviate the substantial doubt.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these consolidated financial statements are issued.”

“10% late charge) was payable on February 20, 2018 and is in default.”

SOURCE (EXCERPT)

“These plans depend on the Court and on third parties and do not alleviate the substantial doubt.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these consolidated financial statements are issued.”

“10% late charge) was payable on February 20, 2018 and is in default.”

SOURCE (EXCERPT)

“There is substantial doubt about our ability to continue as a going concern.”

“Given our recurring losses, negative cash flow, and accumulated deficit, there is substantial doubt about our ability to continue as a going concern.”

“The operating deficit and negative working capital at July 31, 2026 indicate substantial doubt about our ability to continue as a going concern.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about its ability to continue as a going concern.”

“These and other factors raise substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.”

“Without realization of additional capital, it would be unlikely for us to continue as a going concern.”

“No assurances can be given that any necessary financing can be obtained on terms favorable to us, or at all.”

SOURCE (EXCERPT)

“The Company will be required to seek additional equity or debt financing to fund future operations, and the Company may not be able to raise it on acceptable terms or at all.”

“The Company’s operating plan may change as a result of many factors currently unknown and there can be no assurance that the current operating plan will be achieved in the time frame anticipated by the Company, and it may need to seek additional funds sooner than planned.”

SOURCE (EXCERPT)

“On October 21, 2026, the New York Stock Exchange (the “NYSE”) notified Eve Holding, Inc. (the “Company”), and, on October 22, 2026, publicly announced…”

SOURCE (EXCERPT)

“As of December 31, 2025, despite the following circumstances—the Nasdaq trading suspension has lasted for more than five months with no clear recovery date, three outstanding promissory notes are in default…”

“The Company included $1,000,000 in accrued expenses and other current liabilities, included $900,000 as part of a promissory note that was entered into with the Sponsor, and paid $100,000 at Closing.”

“During the year ended December 31, 2025, net cash provided by financing activities was less than $0.1 million, of which $1.0 million was attributed to consummation of Business combination and partially offset by a repayment of a promissory note to a related party of $1.0 million.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.”

“In addition, our independent registered public accounting firm, in its audit report on the financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025…”

SOURCE (EXCERPT)

“Accordingly, the Company has concluded that substantial doubt exists about its ability to continue as a going concern.”

“Based on our current operating plan, we believe there is substantial doubt about our ability to continue as a going concern for at least 12 months following the date of issuance of our unaudited condensed financial statements included in this Quarterly Report on Form 10-Q.”

“Accordingly, management has concluded that substantial doubt exists regarding our ability to continue as a going concern.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued.”

“We estimate that based on current plans and assumptions, that our available cash will be insufficient to satisfy our cash requirements under our present operating expectations.”

SOURCE (EXCERPT)

“On October 23, 2026, following the Bankruptcy Court’s entry of an order approving the DIP Facility on an interim basis on October 23, 2026 (the “Interim DIP Order”), the Company, as borrower…”

“WHEREAS, on October 21, 2026 (the “Petition Date”), the Borrower and the Guarantors (each, a “Debtor” and collectively, the “Debtors”) filed voluntary petitions with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) initiating their respective cases that are…”

SOURCE (EXCERPT)

“On October 23, 2026, Elme Communities (the “Company”) was notified by the New York Stock Exchange (“NYSE”) that it had commenced proceedings to delist Elme’s common shares of beneficial interest (the “Common Shares”) from the NYSE and immediately suspended trading of the Common Shares.”

SOURCE (EXCERPT)

“Our auditors have issued a “going concern” opinion, meaning that there is substantial doubt about our ability to continue as a going concern for the next twelve months unless we obtain additional capital.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“The available capital reserves of the company are not sufficient for the company to remain operational.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

“As discussed in Note 6 to the unaudited condensed financial statements, our limited cash resources, lack of revenues, recurring losses and stockholders’ deficit raise substantial doubt about our ability to continue as a going concern within one year after the date the financial statements are…”

“Based on its current cash balance and expected level of expenditures, the Company believes its existing cash resources will be sufficient to fund operations only for a limited period of time.”

SOURCE (EXCERPT)

“There is no formal written commitment for continued financial support from the Company’s director, and management cannot provide any assurances that the Company will be successful in obtaining sufficient revenue or financing.”

“To continue as a going concern, the Company will require, among other things, additional capital.”

SOURCE (EXCERPT)

“On October 21, 2026, Lunai Bioworks Inc. (the “Company”) received a letter (the “Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer complies with Nasdaq Listing Rule 5550(b)(1)…”

“On October 22, 2026, Nathen Fuentes resigned as Chief Financial Officer of the Company, effective immediately.”

SOURCE (EXCERPT)

“On October 21, 2026, Lunai Bioworks Inc. (the “Company”) received a letter (the “Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer complies with Nasdaq Listing Rule 5550(b)(1)…”

“On October 22, 2026, Nathen Fuentes resigned as Chief Financial Officer of the Company, effective immediately.”

SOURCE (EXCERPT)

“In particular, Amendment No. 11 provided a waiver of the requirement to not permit, during each calendar month ending during the period from April 30, 2026 through and including December 31, 2026, the Current Ratio to be less than .90 to 1.00.”

“The Technical Agent, the Administrative Agent and the Lenders party hereto, which constitute the Supermajority Lenders, hereby agree, subject to the terms and conditions hereof, to waive the Specified Default upon and subject to the occurrence of the Amendment No. 11 Effective Date.”

“WHEREAS, the Borrower has notified the Administrative Agent that a certain Event of Default described on Schedule A attached hereto (the “Specified Default”) has occurred and is continuing as of the date hereof; and”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about our ability to continue as a going concern.”

“The Company’s cash position is not significant to support the Company’s daily operation.”

“The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.”

SOURCE (EXCERPT)

“Management evaluated all relevant conditions and events that are reasonably known or reasonably knowable, in the aggregate, as of the date the condensed financial statements are issued and determined that substantial doubt exists about the Company’s ability to continue as a going concern.”

“These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date of filing.”

“These conditions among others raise substantial doubt as to our ability to continue as a going concern.”

SOURCE (EXCERPT)

“The Chapter 11 Cases are jointly administered under the caption In re Leslie’s, Inc. et al, Case No. 26-90795 (ARP).”

SOURCE (EXCERPT)

“As previously disclosed, on October 1, 2026, the Company received a notice (the “Delist Determination”) from Nasdaq indicating that based on the Company's failure to comply with Nasdaq Listing Rule 5550(b)(1)…”

SOURCE (EXCERPT)

“The commencement of the Chapter 11 Cases constituted an event of default that accelerated the Company Parties’ obligations under the following debt instruments (collectively, the “Debt Instruments”):”

“The Company has launched a solicitation process for formal approval of the prepackaged plan of reorganization and, to implement the plan in the most efficient manner, has commenced voluntary Chapter 11 proceedings in the U.S.”

“On October 21, 2026, the Company issued a press release announcing the commencement of the Chapter 11 Cases.”

SOURCE (EXCERPT)

“The commencement of the Chapter 11 Cases constituted an event of default that accelerated the Company Parties’ obligations under the following debt instruments (collectively, the “Debt Instruments”):”

“The Company has launched a solicitation process for formal approval of the prepackaged plan of reorganization and, to implement the plan in the most efficient manner, has commenced voluntary Chapter 11 proceedings in the U.S.”

“On October 21, 2026, the Company issued a press release announcing the commencement of the Chapter 11 Cases.”

SOURCE (EXCERPT)

“The commencement of the Chapter 11 Cases constituted an event of default that accelerated the Company Parties’ obligations under the following debt instruments (collectively, the “Debt Instruments”):”

“The Company has launched a solicitation process for formal approval of the prepackaged plan of reorganization and, to implement the plan in the most efficient manner, has commenced voluntary Chapter 11 proceedings in the U.S.”

“On October 21, 2026, the Company issued a press release announcing the commencement of the Chapter 11 Cases.”

SOURCE (EXCERPT)

“While management is actively pursuing completion of the merger, the transaction had not been consummated as of the issuance date of this Quarterly Report on Form 10-Q and, therefore, does not currently alleviate the substantial doubt about the Company’s ability to continue as a going concern.”

“Management is pursuing a strategic transaction, described under “Acquisition Agreement and Plan of Merger” below, which has not been consummated as of the issuance date of this Quarterly Report on Form 10-Q and, therefore…”

“The Company does not have any commitments for additional financing and will require either additional capital or a strategic transaction to continue its existence and satisfy ongoing reporting obligations.”

SOURCE (EXCERPT)

“On April 17, 2026, Helena delivered to us a notice of event of default (the “Helena Default Notice”) under the Helena Note.”

“Accordingly, management cannot conclude that it is probable these plans will be successfully implemented or that, if implemented, they will alleviate the substantial doubt.”

“These uncertainties raise substantial doubt about our ability to continue as a going concern.”

SOURCE (EXCERPT)

“On April 17, 2026, Helena delivered to us a notice of event of default (the “Helena Default Notice”) under the Helena Note.”

“Accordingly, management cannot conclude that it is probable these plans will be successfully implemented or that, if implemented, they will alleviate the substantial doubt.”

“These uncertainties raise substantial doubt about our ability to continue as a going concern.”

SOURCE (EXCERPT)

“As a result, there is substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued.”

“Accordingly, the matters described above do not alleviate the substantial doubt about our ability to continue as a going concern.”

“As indicated in the accompanying financial statements, the Company currently has a working capital deficit,and projected expenses are beyond the cash available through the earlier of the consummation of the initial Business Combination or one year from the issuance date of the financial statements.”

SOURCE (EXCERPT)

“In exchange for the extension, the Company was required to pay $165 in extension and forbearance fees in cash and $430 in accrued forbearance fees.”

“These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued.”

“These conditions raise substantial doubt about our ability to continue as a going concern for at least one year from the date of issuance of these financial statements.”

SOURCE (EXCERPT)

“These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern.”

“These conditions raise substantial doubt about our ability to continue as a going concern.”

“No related party is obligated to continue providing funding, and we have no committed sources of financing.”

SOURCE (EXCERPT)

“Upon receipt of the Initial Payment, and for so long as each monthly payment is made when due (subject to a ten-day cure period), the Payee has agreed to forbear from exercising certain rights and remedies under the Note.”

“Without admitting or acknowledging the sufficiency, effectiveness or timeliness of any notice previously provided by Payee, or the expiration of any notice, grace or cure period under the Loan Documents, Maker and Guarantor irrevocably waive any right to contend…”

“Effective upon execution of this Agreement, no further notice, demand, grace or cure period shall be required with respect to the Existing Defaults, including for purposes of Payee’s exercise of rights and remedies following any cessation of the forbearance provided herein.”

SOURCE (EXCERPT)

“Upon receipt of the Initial Payment, and for so long as each monthly payment is made when due (subject to a ten-day cure period), the Payee has agreed to forbear from exercising certain rights and remedies under the Note.”

“Without admitting or acknowledging the sufficiency, effectiveness or timeliness of any notice previously provided by Payee, or the expiration of any notice, grace or cure period under the Loan Documents, Maker and Guarantor irrevocably waive any right to contend…”

“Effective upon execution of this Agreement, no further notice, demand, grace or cure period shall be required with respect to the Existing Defaults, including for purposes of Payee’s exercise of rights and remedies following any cessation of the forbearance provided herein.”

SOURCE (EXCERPT)

“The independent registered public accounting firm auditors' report accompanying our March 31, 2026 financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern.”

“Management expects that additional funding will be required to meet ongoing obligations and finance future development activities.”

“The Company’s ability to continue as a going concern depends on its ability to raise additional capital, generate sufficient recurring revenue, and achieve profitable operations.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued.”

“Management expects that the Company will continue to require additional capital to fund its operations in the near term.”

“However, there can be no assurance that such financing will be available on acceptable terms, or at all.”

SOURCE (EXCERPT)

“Therefore, there is substantial doubt about the Company’s ability to continue as a going concern.”

“This means that our auditors believe there is substantial doubt that we can continue as an on-going business for the next twelve months.”

“At the present time, we have not made any arrangements to raise additional cash, other than through this offering.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued.”

“As a result, the conditions above raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these financial statements.”

“Despite improvements in the operating activities, the Company continues to rely on outside sources of financing to sustain its operations.”

SOURCE (EXCERPT)

“As a result, upon the expiration of that ten-day period at the end of the day on October 10, 2026, an event of default occurred under the DN Note and the AR Note on October 11, 2026 (the “Note Defaults”).”

“The Company does not currently have sufficient available liquidity to repay all amounts that would be due if the DN Note and the AR Note or the obligations under the Credit Agreement were accelerated.”

“Such risks also include the Company’s expectation, as disclosed in its Notification of Late Filing on Form 12b-25 filed on August 17, 2026, that its Quarterly Report on Form 10-Q for the quarter ended June 30…”

SOURCE (EXCERPT)

“The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statements.”

“Therefore, in connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, Presentation of Financial Statements - Going Concern…”

SOURCE (EXCERPT)

“Subject to satisfaction of each of the conditions set forth in Section 4 of this Amendment, and in reliance on the representations and warranties of Borrower set forth in this Amendment, Lender hereby waives the Specified Events of Default and any Resulting Default.”

“The Fifth Amendment also amended the minimum AM Best financial strength rating that must be maintained by the Company’s subsidiary, American Southern Insurance Company, to be no lower than “A-” and waived related defaults under the Credit Agreement occurring prior to the Fifth Amendment.”

“Borrower has requested that Lender (i) waive the Specified Events of Default, (ii) waive any Resulting Default (as defined in Schedule A) and (iii) amend the Credit Agreement as set forth herein, and Lender is willing to grant such request, subject to the terms and conditions hereof.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about our ability to continue operating as a going concern.”

“As discussed in Note 1 to the financial statements, the Company has suffered recurring losses from operations and has a net working capital deficit as of July 31, 2026, that raise substantial doubt about its ability to continue as a going concern.”

“Substantial Doubt about the Company’s Ability to Continue as a Going Concern”

SOURCE (EXCERPT)

“These events and conditions are material uncertainties that raise substantial doubt upon the Company's ability to continue as a going concern and, accordingly, the appropriateness of the use of accounting principles applicable to a going concern.”

“On November 21, 2022, the Company and Investissement Québec entered into an agreement to amend the existing Financing Facility which modifies the repayments of the principal amount (the “Financing Facility Amendment”).”

“On February 5, 2025, the Company and Investissement Québec entered into an agreement to amend the existing Financing Facility which modifies the repayments of the principal amount (the “Third Financing Facility Amendment”).”

SOURCE (EXCERPT)

“The Company also has significant outstanding debt obligations, including approximately $7.4 million of promissory notes scheduled to mature on December 8, 2026, and a demand promissory note with an outstanding principal balance of approximately $2.6 million…”

“The Belize Bank facility is the only committed construction financing we have in place, and the balance of this requirement is therefore dependent on financing we have not yet obtained.”

“The Company did not as of June 30, 2026 have the cash flow or the assets to repay all of such amounts when due.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about our ability to continue as a going concern one year from the issuance date of the audited consolidated financial statements contained elsewhere in this Report.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“The Second Eternal Loan was available to be drawn down from September 21, 2022 to March 31, 2023 and its maturity date is December 31, 2026, or if earlier, the date of the consummation of the initial Business Combination, as amended by the Second Eternal Loan Amendment.”

SOURCE (EXCERPT)

“Based on the current business plans and the Company’s operating requirements, management believes that the existing cash at December 31, 2025 will not be sufficient to fund operations for at least the next twelve months following the issuance of these financial statements.”

“Financing – We expect that our current working capital position, together with our expected future cash flows from operations will be insufficient to fund our operations in the ordinary course of business, anticipated capital expenditures…”

“During the year ended December 31, 2025, the Company authorized convertible promissory notes to Eric Collins, the Company’s Chairman, bearing no interest and are due and payable in December 2026 for aggregate gross proceeds of $14,500.”

SOURCE (EXCERPT)

“Subject to the occurrence of the Amendment No. 6 Effective Date, the Lenders hereby agree to waive (the “Waiver”) the Specified Events of Default; provided, that the Waiver contained herein shall be limited precisely to the Specified Events of Default…”

“Pursuant to Amendment No. 6, the Lenders constituting the Required Lenders (as defined in the Credit Agreement) waived certain specified events of default under the Credit Agreement arising from the termination of the ACIF investment management agreement in connection with the BCP ACIF Merger…”

“WHEREAS, the Borrower failed to comply with Section 5.2(n) (with respect to Logan Ridge Management Agreement) and accordingly the event of default under Section 7.1(b)(ii) of the Existing Credit Agreement occurred as a result of the Logan Ridge Management Agreement Termination and failed to comply…”

SOURCE (EXCERPT)

“Accordingly, management has concluded that its plans do not alleviate the substantial doubt about the Company’s ability to continue as a going concern.”

“On March 24, 2026, we issued a short-term promissory note to 1800 Diagonal Lending LLC in the principal amount of $180,550.”

“Based on our current operating plan, we estimate that we will require a minimum of $5.5 million of cash to fund existing operations for the twelve months following the issuance date of these financial statements, which exceeds our cash balance of $1,145,136 as of August 31, 2026.”

SOURCE (EXCERPT)

“Due to the uncertainty in the Company’s ability to raise capital, management believes that there is substantial doubt in the Company’s ability to continue as a going concern for twelve months from the issuance of these interim financial statements.”

“For the next twelve months from issuance of these interim financial statements, the Company plans to seek to obtain additional capital through the sale of debt or equity financings or other arrangements to fund operations…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company's ability to continue as a going concern until the earlier of the consummation of an initial Business Combination or the date the Company is required to liquidate.”

“In connection with the Company's assessment of going concern considerations in accordance with ASC 205-40, Presentation of Financial Statements—Going Concern, management has determined that the Company lacks the financial resources necessary to sustain operations for a reasonable period of time…”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

“There can be no assurance that the Company will be able to secure any financing, and on reasonable terms.”

SOURCE (EXCERPT)

“Pursuant to the Amendment, the Lenders agreed to waive, for the period from the effective date of the Amendment to September 7, 2026 (the "Scheduled Termination Date"), certain anticipated or existing events of default under the Credit Agreement.”

“Pursuant to the Amendment, the Lenders have agreed to waive such defaults for the Specified Period (as defined in the Amendment) on the terms described in the June 25th Current Report, as extended by the Extensions.”

“As described in the Prior Current Reports, the Company has experienced, or anticipates experiencing, events of default under the Credit Agreement, including the failure or expected failure to comply with certain financial covenants and reporting obligations.”

SOURCE (EXCERPT)

“These raise substantial doubt about the Company’s ability to continue as a going concern.”

“Our material cash requirements are highly dependent upon the additional financial support from our stockholders in the next 12 - 18 months.”

“As of June 30, 2026, the Company’s bank accounts had been suspended, resulting in no cash balances, also certain convertible debts totaling approximately $795,000 (principal and unpaid interest) were in default.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“Operating Lease Liabilities - Related Parties - in Default | 107,000 | 107,000”

“Management anticipates that, for the foreseeable future, the Company will depend on additional capital contributions, borrowings and advances from related parties to fund operating expenses and other cash requirements.”

SOURCE (EXCERPT)

“These factors, among other, raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period.”

“Without additional revenues, working capital loans, or equity investment, there is substantial doubt as to our ability to commence and continue operations.”

“There is presently no agreement in place that will guarantee financing for our Company, and we cannot assure you that we will be able to raise any additional funds, or that such funds will be available on acceptable terms.”

SOURCE (EXCERPT)

“On July 5, 2026, the Company entered into a Fifth Amendment to its Amended and Restated Loan Agreement with International Bank of Commerce (“IBC”), pursuant to which IBC waived certain existing covenant violations through the amendment date and suspended testing of specified financial covenants…”

“Accordingly, management has concluded that substantial doubt exists regarding the Company’s ability to continue as a going concern within one year after the date these consolidated financial statements are issued.”

“Because it is unclear whether the Company will be successful in accomplishing these objectives, there is uncertainty about the Company’s circumstances, which creates substantial doubt about its ability to continue as a going concern.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about its ability to continue as a going concern.”

“These raise substantial doubt about our ability to continue as a going concern.”

“These raise substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“Accordingly, based on the post-closing liquidity and operating conditions of the combined company, management determined that substantial doubt about the Company’s ability to continue as a going concern continues to exist.”

“These conditions raised substantial doubt about the Company’s ability to continue as a going concern.”

“In order to fund working capital deficiencies or finance transaction costs in connection with our initial business combination, our Sponsor or an affiliate of our Sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as may be required.”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these financial statements are issued.”

“There can be no assurance that such financing will be available on acceptable terms, or at all, or that management’s plans will alleviate the substantial doubt.”

“The Company's low cash balance of $3,621 as of August 31, 2026 and continued reliance on financing from its Chief Executive Officer raise substantial doubt about our ability to continue as a going concern.”

SOURCE (EXCERPT)

“Based on the Company’s current operating plan, the Company does not have sufficient cash and cash equivalents to fund its operations for at least the next twelve months.”

“This raises substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“The outcome of these matters cannot be predicted with any certainty at this time and raises substantial doubt that the Company will be able to continue as a going concern.”

“These conditions, together with the Company’s dependence on additional financing to meet its obligations, raise substantial doubt about its ability to continue as a going concern within one year after the date these interim consolidated financial statements are issued.”

“A $30,000 note payable included in the total due was payable on April 24, 2023, and, as of the date of these condensed consolidated financial statements, is in default.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financials are issued.”

“No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company.”

SOURCE (EXCERPT)

“These conditions, among other factors, raise substantial doubt about the Company’s ability to continue as a going concern.”

“We believe we will need to raise additional funding to meet our cash, operational and liquidity requirements for at least 12 months after the date of this quarterly report.”

“During the six months ended June 30, 2026, we issued $155,000 in convertible notes payable with 100,000 shares of restricted common stock.”

SOURCE (EXCERPT)

“Management concluded that substantial doubt about the Company’s ability to continue as a going concern remained after consideration of these plans.”

“We have substantial doubt about our ability to continue as a going concern.”

“Accordingly, management has concluded that these conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the consolidated financial statements are issued.”

SOURCE (EXCERPT)

“Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses.”

“The Company currently has limited working capital, and has not completed its efforts to establish a stabilized source of revenue sufficient to cover operating costs over an extended period of time.”

“We have no assurance that future financing will be available to us on acceptable terms.”

SOURCE (EXCERPT)

“As previously disclosed in the Current Report on Form 8-K filed by Karyopharm Therapeutics Inc. (the “Company”) on September 11, 2026, the Company entered into a Forbearance Agreement and Limited Waiver to Indentures, dated September 10, 2026 (the “Forbearance Agreement”).”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Presentation of Financial Statements - Going Concern,” Management has determined that the Company currently lacks the liquidity it needs to sustain operations for a reasonable period of…”

SOURCE (EXCERPT)

“Accordingly, substantial doubt about the Company’s ability to continue as a going concern has not been alleviated.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the consolidated financial statements are issued.”

“As discussed in Note 3 to the consolidated financial statements, the Company has incurred recurring losses from operations and faces liquidity constraints…”

SOURCE (EXCERPT)

“The conditions described above raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the date of issuance of these financial statements.”

“Management and our independent auditors have raised substantial doubts as to our ability to continue as a going concern.”

“These factors raise substantial doubt about our ability to continue as a going concern for a period of one year from the date of issuance of the accompanying financial statements.”

SOURCE (EXCERPT)

“Therefore, management has determined there is substantial doubt about our ability to continue as a going concern.”

“However, there is no guarantee that the substantial doubt about the Company’s ability to continue as a going concern will be alleviated.”

“Therefore, management has determined that there is a substantial doubt about its ability to continue as a going concern.”

SOURCE (EXCERPT)

“Accordingly, the Company does not have sufficient cash resources to fund its near-term operations without obtaining additional financing.”

“We do not believe that our cash and cash equivalents are sufficient for the next twelve months.”

“The increase in cash of $1,620,953 reflects $8,120,829 of gross financing proceeds ($750,000 from the November 2025 private placement, $5,047,829 from ATM offerings and $2,323,000 of proceeds from notes payable)…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about our ability to continue as a going concern within one year after the date the consolidated financial statements are issued.”

“At June 30, 2026, convertible notes and notes payable with principal of $7,049,557 were past their maturity dates and in default, accruing interest at default rates of up to 24% per annum.”

“On April 5, 2026, we entered into a revolving line of credit with a related party lender providing for advances of up to $10,000,000 at the lender’s sole discretion, bearing interest at 10% per annum, secured by a first priority lien on substantially all of our assets, and expiring April 5, 2027.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about our ability to continue as a going concern within one year after the date the consolidated financial statements are issued.”

“At June 30, 2026, convertible notes and notes payable with principal of $7,049,557 were past their maturity dates and in default, accruing interest at default rates of up to 24% per annum.”

“On April 5, 2026, we entered into a revolving line of credit with a related party lender providing for advances of up to $10,000,000 at the lender’s sole discretion, bearing interest at 10% per annum, secured by a first priority lien on substantially all of our assets, and expiring April 5, 2027.”

SOURCE (EXCERPT)

“These factors also raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.”

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

“If our estimates of the costs of undertaking in-depth due diligence and negotiating our initial Business Combination are less than the actual amount necessary to do so…”

SOURCE (EXCERPT)

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

“These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.”

“In the 2027 fiscal year, such capital requirements and the requirements for our planned ongoing activities is greater than the capital we currently have available.”

SOURCE (EXCERPT)

“As previously disclosed in the reports filed by the Company under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company’s financial statements have expressed a qualification about the Company’s ability to continue as a going concern.”

“In order to continue as a going concern and fund anticipated future litigation expenses, the Company will need to raise additional capital.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“As discussed in Note 3 to the consolidated financial statements, the company has incurred recurring losses from operations and had not yet achieved profitable operations as of June 30, 2026 which raises substantial doubt about its ability to continue as a going concern.”

“The ability of the Company to reach a successful level of operations is dependent on the execution of management’s plans, which include the raising of capital through the debt and/or equity markets…”

SOURCE (EXCERPT)

“These factors as discussed in Note 2 of the financial statements raise substantial doubt about the Company’s ability to continue as a going concern.”

“Unless the Company can raise sufficient capital through its initial public offering to implement its business plan, its current cash position may not be adequate to sustain ongoing operations over the long term.”

SOURCE (EXCERPT)

“Therefore, there is substantial doubt about the Company’s ability to continue as a going concern.”

“There are no written agreements in place for such funding or issuance of securities and there can be no assurance that such will be available in the future.”

“We estimate that, assuming that we will not have any new clients or new contracts with our existing clients, the minimum period of time that the Company will be able to conduct current level of operations using currently available capital resources are approximately three months…”

SOURCE (EXCERPT)

“The Company recorded a net loss of $187,086 for the three months ended March 31, 2026, and had an accumulated deficit of $21,424,243 as of March 31, 2026, which raises substantial doubt about its ability to continue as a going concern.”

“The Company’s ability to continue as a going concern is dependent upon its ability to generate profitable operations in the future and/or obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due.”

SOURCE (EXCERPT)

“Accordingly, there is substantial doubt about the Company’s ability to continue as a going concern.”

“The available capital reserves of the Company are not sufficient for the Company to remain operational.”

SOURCE (EXCERPT)

“These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.”

“The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern.”

“Management’s plan to alleviate the substantial doubt about the Company’s ability to continue as a going concern include attempting to improve its business profitability, its ability to generate sufficient cash flow from its operations to meet its operating needs on a timely basis…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“Our cash balance is not sufficient to fund our limited levels of operations for any period of time.”

“No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company.”

SOURCE (EXCERPT)

“As previously disclosed, on April 6, 2026, Newton Golf Company, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule…”

“On October 6, 2026, the Company received a letter from the Staff (the “Staff Determination”) notifying the Company that, because the Company has not completed the remedial actions described in the Materials…”

“Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;”

SOURCE (EXCERPT)

“XTI’s expectation, as disclosed in its Notification of Late Filing on Form 12b-25 filed with the SEC on August 17, 2026, that the Form 10-Q will disclose substantial doubt about XTI’s ability to continue as a going concern;”

SOURCE (EXCERPT)

“If such funding were not available and historical losses continued, then there would be substantial doubt about the Company’s ability to continue.”

“Given its history of losses, the Company is dependent on continued outside funding to cover its deficit spending.”

SOURCE (EXCERPT)

“There is substantial doubt about our ability to continue as a going concern.”

“These matters raise substantial doubt about the Company’s ability to continue as a going concern.”

“We have no commitments for additional capital and no credit facility.”

SOURCE (EXCERPT)

“As previously disclosed, on April 7, 2026, ClearOne, Inc. (the “Company”) received a notice from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company no longer complied with the continued listing requirements set forth…”

“On October 8, 2026, the Company received a Staff determination letter notifying the Company that it had not demonstrated compliance with the $2,500,000 minimum stockholders’ equity requirement for continued listing set forth under Nasdaq Listing Rule 5550(b)(1) (the “Stockholders’ Equity Rule”)…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company's ability to continue as a going concern.”

“These factors raise substantial doubt about the Company’s ability to continue as a going concern.”

“Our cash position is not sufficient to fund our operations for the next twelve months without continued government funding and continued support from NRL, as described under “Going Concern” above.”

SOURCE (EXCERPT)

“Management concluded that, due to the Company’s liquidity condition and requirement to complete a business combination within the prescribed period to avoid liquidation, substantial doubt exists about the Company’s ability to continue as a going concern.”

“On July 13, 2026, the Company issued to the Sponsor a promissory note in an aggregate amount of up to $250,000, to be used, in part, for working capital and transaction expenses related to the business combination (the “July 2026 Promissory Note”).”

“On August 21, 2026, Quartzsea issued a $175,000 promissory note to Eight Directions to memorialize the first extension contribution funded by Eight Directions and deposited into the Trust Account on June 25, 2026.”

SOURCE (EXCERPT)

“After a series of forbearances from its lenders, on June 27, 2025, MSG Networks restructured its indebtedness, with MSG Networks’ lenders writing off approximately $510 million of indebtedness.”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“These conditions raise substantial doubt about our ability to continue as a going concern.”

“In connection with the Company’s assessment of going concern considerations in accordance with FASB ASC 205-40, “Financial Statement Presentation — Going Concern,” the Company’s management has determined that the Company currently lacks the liquidity it needs to sustain operations for a reasonable…”

SOURCE (EXCERPT)

“These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern.”

“As reflected in the Financial Statements contained elsewhere in this Report, management has expressed substantial doubt about our ability to continue as a going concern during the fiscal year ended June 30, 2026…”

“We do not have sufficient capital to support our operations for the next 12 months and will depend upon the proceeds from a financing, which may consist of sales of our common stock, the issuance of debt securities and/or issuance of securities convertible into shares of our common stock…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date the financial statements are issued.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“Our cash balance is not sufficient to fund our limited levels of operations for any period of time.”

SOURCE (EXCERPT)

“As a result, management has concluded that substantial doubt about the Company’s ability to continue as a going concern for one year from the date these financial statements are issued has not been alleviated.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date these financial statements are issued.”

SOURCE (EXCERPT)

“These factors among others raise substantial doubt about our ability to continue as a going concern.”

“There are no assurances that additional funds will be available when needed from any source or, if available, will be available on terms that are acceptable to us.”

“The Company’s continuation as a going concern is dependent on its ability to generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its members or other sources, as may be required.”

SOURCE (EXCERPT)

“There is substantial doubt about our ability to continue as a going concern.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“This raises substantial doubt about its ability to continue as a going concern.”

SOURCE (EXCERPT)

“From April 2023 through June 30, 2026, the Company did not pay certain annual principal installment payments and related quarterly interest payments which is an event of default on convertible notes.”

“As a result of the above, there is substantial doubt regarding the Company’s ability to continue as a going concern within one year from the date of issuance of these financial statements.”

“The Company cannot give assurance that it will be able to pay or refinance its current debt, including convertible notes in the principal amount of $14.2 million, of which the Company is in default on convertible notes in the aggregate principal amount of $13.7 million…”

SOURCE (EXCERPT)

“From April 2023 through June 30, 2026, the Company did not pay certain annual principal installment payments and related quarterly interest payments which is an event of default on convertible notes.”

“As a result of the above, there is substantial doubt regarding the Company’s ability to continue as a going concern within one year from the date of issuance of these financial statements.”

“The Company cannot give assurance that it will be able to pay or refinance its current debt, including convertible notes in the principal amount of $14.2 million, of which the Company is in default on convertible notes in the aggregate principal amount of $13.7 million…”

SOURCE (EXCERPT)

“The Company’s management has since reevaluated the Company’s liquidity and financial condition and determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern for a period of time within one year after the date that the financial statement is…”

“These conditions raise substantial doubt about the Company's ability to continue as a going concern.”

“The Company lacks the capital resources it needs to fund its operations for a reasonable period of time, which is generally considered to be one year from the issuance date of the financial statement.”

SOURCE (EXCERPT)

“Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;”

“On October 1, 2026, in connection with the consummation of the Business Combination, Pubco notified Nasdaq that the Business Combination had become effective and requested that Nasdaq file a Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act…”

SOURCE (EXCERPT)

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

“Consequently, the Company raises substantial doubt that it will be able to continue operations as a going concern.”

“Since the Company cannot give assurance that it will be able to secure the necessary capital when needed, there is a substantial doubt that the Company will be able to continue operations as a going concern following one year from the issuance of these financial statements.”

SOURCE (EXCERPT)

“As discussed in Note 2 to our financial statements, our auditors have expressed substantial doubt about our ability to continue as a going concern.”

“These factors raise substantial doubt about the Company ability to continue as a going concern.”

“These factors raise substantial doubt about our ability to continue as a going concern.”

SOURCE (EXCERPT)

“The commencement of our bankruptcy case constituted an event of default under the notes, pursuant to which all principal and accrued interest became automatically and immediately due and payable.”

“These conditions raise substantial doubt about the Company's ability to continue as a going concern.”

“Because of the risks and uncertainties associated with the bankruptcy cases, we cannot predict or quantify the ultimate impact that events occurring during the bankruptcy process may have on our business, financial condition and results of operations…”

SOURCE (EXCERPT)

“The commencement of our bankruptcy case constituted an event of default under the notes, pursuant to which all principal and accrued interest became automatically and immediately due and payable.”

“These conditions raise substantial doubt about the Company's ability to continue as a going concern.”

“These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“As disclosed in the Prior 8-K, IBS did not provide any funding to the Company, Genefic or any of their respective subsidiaries under the Financing Documents, and in September 2026 IBS delivered notices asserting events of default and demanding payment of approximately $1,162,246 in fees…”

SOURCE (EXCERPT)

“Subsequent to the consummation of the IPO, the Company expects that it will need additional capital to satisfy its liquidity needs beyond the net proceeds from the consummation of the IPO and the proceeds held outside of the Trust Account for paying existing accounts payable…”

“As of August 31, 2026, the Company had $12,052 in cash and working capital deficit of $2,294,124.”

“In consideration for the foregoing, Black Hawk released Vesicor from any claims arising from Vesicor’s failure to timely advance or pay any portion of the Vesicor Advances mentioned above or otherwise timely perform its obligations under the Business Combination Agreement.”

SOURCE (EXCERPT)

“These matters raise substantial doubt about the Company’s ability to continue as a going concern.”

“These factors, among others, raise substantial doubt about our ability to continue as a going concern within one year of the date that the financial statements are issued.”

“As discussed in Notes 6 and 7, the Company issued convertible notes payable with a conversion feature that can be adjusted based on the Company’s stock price which results in the conversion feature being recorded as a derivative liability pursuant to ASC 815 for derivatives and hedging.”

SOURCE (EXCERPT)

“The report contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern.”

“The Board of Directors of the Company acknowledged Stephano Slack's resignation and approved the change in the Company's independent registered public accounting firm.”

SOURCE (EXCERPT)

“On October 5, 2026, the Company received a notification (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1…”

“The Company borrowed the Interim DIP Term Loans on October 2, 2026, and as of such date $45.0 million aggregate principal amount was outstanding under the Term Loan DIP Facility.”

“10.1 | Super-Priority Secured Debtor-In-Possession Term Loan Credit Agreement, dated as of October 2, 2026 among the Company Parties, the Financial Institutions party thereto, as DIP Lenders, and Alter Domus (US) LLC, as Administrative Agent and Collateral Agent.”

SOURCE (EXCERPT)

“On September 17, 2026, without knowledge that the Private Placement had been completed, the Panel issued a decision (the “September 17 Decision”) determining to delist the Common Stock, and on September 18, 2026…”

“On September 2, 2026, the Listing Qualifications Staff of Nasdaq (“Staff”) notified the Company that, as a result of the reverse stock split, the number of the Company’s publicly held shares had fallen below the 500,000 minimum required by the Publicly Held Shares Rule.”

“On October 2, 2026, the Nasdaq Hearings Panel (the “Panel”) granted the request of SCWorx Corp. (the “Company”) for reconsideration of the Panel’s September 17, 2026 decision to delist the Company’s common stock, par value $0.001 per share (the “Common Stock”)…”

SOURCE (EXCERPT)

“On September 17, 2026, without knowledge that the Private Placement had been completed, the Panel issued a decision (the “September 17 Decision”) determining to delist the Common Stock, and on September 18, 2026…”

“On September 2, 2026, the Listing Qualifications Staff of Nasdaq (“Staff”) notified the Company that, as a result of the reverse stock split, the number of the Company’s publicly held shares had fallen below the 500,000 minimum required by the Publicly Held Shares Rule.”

“On October 2, 2026, the Nasdaq Hearings Panel (the “Panel”) granted the request of SCWorx Corp. (the “Company”) for reconsideration of the Panel’s September 17, 2026 decision to delist the Company’s common stock, par value $0.001 per share (the “Common Stock”)…”

SOURCE (EXCERPT)

“Accordingly, management determined that conditions existed that raised substantial doubt about the Company’s ability to continue as”

“As discussed in Note 1 to the consolidated financial statements, the Company has incurred net losses since its inception which has resulted in a cumulative deficit as of December 31, 2025 that raises substantial doubt about its ability to continue as a going concern.”

“The Company’s existing cash and cash equivalents that were primarily raised from SAFEs financings will not be sufficient to fund the Company’s operating plans for at least twelve months from the date these condensed consolidated financial statements are available to be issued.”

SOURCE (EXCERPT)

“On September 30, 2026, Spark I Acquisition Corporation (the “Company” or “Spark I”) received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that the Company’s securities will be delisted from Nasdaq by reason of the failure of…”

SOURCE (EXCERPT)

“Therefore, management has determined that these conditions raise substantial doubt about the Company’s ability to continue as a going concern until the earlier of the consummation of the Business Combination or the date the Company is required to liquidate.”

“The Company lacks the financial resources it needs to sustain operations for a reasonable period of time, which is considered to be one year from the date of the issuance of the financial statements.”

SOURCE (EXCERPT)

“On October 1, 2026, the Company received a notice (the “Delist Determination”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that based on the Company's failure to comply with Nasdaq Listing Rule 5550(b)(1) before the end of the extension period…”

SOURCE (EXCERPT)

“GetGolf disclosed a Square merchant advance with a stated balance of $385,000, personally guaranteed by Mr. Foster and reported as in default.”

“In the Unwind Agreement, GetGolf acknowledged that it failed to make one or more required payments under the Amended Agreement and that the resulting default continued uncured for at least 90 days.”

SOURCE (EXCERPT)

“On September 29, 2026, the Company received written notice from the NYSE American LLC announcing that the NYSE American would be commencing proceedings to delist the Company’s common stock from the NYSE American and that trading would be suspended immediately.”

SOURCE (EXCERPT)

“On September 29, 2026, the New York Stock Exchange (the “NYSE”) notified Getty Images Holdings, Inc. (the “Company”), and publicly announced, that the NYSE has determined to commence proceedings to delist the Company’s Class A common stock (the “Common Stock”) from the NYSE and immediately suspend…”

SOURCE (EXCERPT)

“Based on these factors, substantial doubt exists regarding the Company’s ability to continue as a going concern.”

“Accordingly, the inclusion of these entities does not eliminate the substantial doubt regarding the Company’s ability to continue as a going concern.”

“These losses, together with the Company’s working capital position, debt obligations, and expected capital requirements, create substantial doubt about the Company’s ability to continue as a going concern.”

SOURCE (EXCERPT)

“Due to its limited operations, limited cash and significant net liabilities as of June 30, 2026 the Company has concluded that there is substantial doubt about its ability to continue as a going concern within one year after its financial statements were issued.”

SOURCE (EXCERPT)

“Pursuant to the Amendment, the Lenders agreed to waive, for the period from the effective date of the Amendment to September 7, 2026 (the "Scheduled Termination Date"), certain anticipated or existing events of default under the Credit Agreement.”

“Pursuant to the Amendment, the Lenders have agreed to waive such defaults for the Specified Period (as defined in the Amendment) on the terms described in the June 25th Current Report, as extended by the Extensions.”

“As described in the Prior Current Reports, the Company has experienced, or anticipates experiencing, events of default under the Credit Agreement, including the failure or expected failure to comply with certain financial covenants and reporting obligations.”