Risk factors

LeonaBio acquired exclusive rights to develop and commercialize lasofoxifene from Sermonix and Ligand, shifting its strategic focus.

Latch moved to the OTC Pink and OTCID markets, severely reducing stock liquidity and capital-raising ability.

LightWave Acquisition Corp. operates as a blank check company formed for an initial business combination.

Massimo Group added acquisition risk regarding FST Development Company Limited and its AI and health-robotics technologies. Supplier concentration shifted, with two suppliers representing 78% of purchases in fiscal 2025.

Yorkville Acquisition Corp. is a blank check company domesticating to Florida to combine with a business centered on acquiring, staking, and validating Cronos (CRO) tokens. The company's financial results and stock price will be heavily exposed to the extreme volatility, regulatory uncertainty, and technological risks of the Cronos digital asset ecosystem. Operations depend directly on Crypto.com for administrative services and custody of CRO holdings.

MDB Capital Holdings added exposure to the Iran conflict.

MediaCo faces expanded station competition and impairments, notably $22.3 million in 2025.

MIRA expanded its risk factors around the SKNY acquisition and licensing of SKNY-1 from MIRALOGX. Clinical trial risks now highlight the novel nature of synthetic cannabinoids and ketamine analogs. Nasdaq listing compliance replaced general share dilution risks.

Cash burn of $2.9M continues, driving going concern doubts with only $1.1M in cash remaining. Tariffs on components sourced from China and reliance on the CompuFlo Epidural System shape core risks. NYSE American listing compliance and cybersecurity threats to connected medical devices are highlighted.

Momentus faces heavy dilution risks from convertible notes, warrants, ATM offerings, and an ELOC facility.

Corvex shifted from developing wearable medical rings to operating an AI cloud computing business following a merger.

Meridian Holdings faces ongoing obligations from the MeridianBet purchase agreement, requiring significant capital raising and potential shareholder dilution. The company expanded its risk disclosures around artificial intelligence usage, recommendation systems, and competitive online betting pressures. Financial covenants under its Facility Agreement require strict compliance to avoid debt default and asset foreclosure.