BKHA · Black Hawk Acquisition Corp
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that these conditions raise substantial doubt about the Company's ability to continue as a going concern. In addition, if the Company is unable to complete a Business Combination within the Combination Period, the Company's board of directors would proceed to commence voluntary liquidation and thereby a formal dissolution of the Company. There is no assurance that the Company's plans to consummate a Business Combination will be successful within the Combination Period. As a result, management has determined that such additional condition also raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Jul 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-04-04 | Black Hawk Management LLC |
10% Owner |
Award↑
Filing footnotes — Class A Ordinary Shares (Direct)
Pursuant to the Amended and Restated Memorandum and Articles of Association, as amended (the "Charter") of Black Hawk Acquisition Corporation ("Issuer"), the Reporting Person elected to convert 1,725,000 Class B ordinary shares, with a par value of $0.0001 ("Class B Ordinary Shares"), of the Issuer into 1,725,000 Class A ordinary shares, with a par value of $0.0001, ("Class A Ordinary Shares") of the Issuer on a one-to-one basis. |
Class A Ordinary Shares
|
1,725,000 |
| 2024-04-04 | Black Hawk Management LLC |
10% Owner |
Other↑
Filing footnotes — Class B Ordinary Shares (Direct)
Pursuant to the Amended and Restated Memorandum and Articles of Association, as amended (the "Charter") of Black Hawk Acquisition Corporation ("Issuer"), the Reporting Person elected to convert 1,725,000 Class B ordinary shares, with a par value of $0.0001 ("Class B Ordinary Shares"), of the Issuer into 1,725,000 Class A ordinary shares, with a par value of $0.0001, ("Class A Ordinary Shares") of the Issuer on a one-to-one basis. Pursuant to the Charter, the Reporting Person may elect to convert the Class B Ordinary Shares into Class A Ordinary Shares at any time. The Class B Ordinary Shares has no expiration date. |
Class B Ordinary Shares
|
1,725,000 |
| 2024-03-20 | Miller Brandon |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-03-20 | Protto Terry William |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-03-20 | McCabe Daniel M. |
Director |
Other↑
|
No Securities Owned
|
0 |