BKHA · Black Hawk Acquisition Corp
$11.85
At close · Aug 26
Going-concern doubt
— flagged Jul 15, 2026
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
Market Cap
$49.39M
Shares
4.15M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$11.85
Open$11.84
Day$11.84–11.89
52W close$11.00–13.10
Avg vol 30d2K
Short int42 · 0.0% float · 1.0d
Short vol100%
DataMay 2024–Aug 2026
Filing10-Q · Jul 15
Up next
FQ3-26 quarter ends
~Aug 30, 2026
Est
filed Jul 15, 2026
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Strong
Sentiment
Neutral
Fundamentals
Limited
Quant / Vol
Very Low
Market backdrop
VIX 15.2 · calm
Equity put/call 0.64
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+8%
above
Price vs 50-day avg
+1%
above
RSI (14)
49
neutral
MACD trend
Negative
52-week position
40%
mid-range
Momentum
relative strength
1-month return
0%
trailing
6-month return
+12%
trailing
YTD return
+5%
this year
Relative strength
−1%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $12 › 200d $11 — 50d above 200d
Institutional flow
Flat
0% holders QoQ · +2 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
0.00% of float · ▼ -2.3% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
34 holders — mid 2-yr range
Squeeze score
35
low risk · 0–100
Fundamentals
Not enough data for a confident read.
Quant / Vol
risk profile
Volatility
18%
annualized · 1-yr
Max drawdown
−10%
past year
ATR
1.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+8%
Bullish
Price vs 50-day avg
+1%
Bullish
RSI (14)
49
Neutral
MACD trend
Negative
Bearish
52-week position
40%
Neutral
Market signals — smart money & positioning
Bullish · 1 of 6
Trend (MA cross)
No cross
50d $12 › 200d $11 — 50d above 200d
Institutional flow
Flat
0% holders QoQ · +2 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
0.00% of float · ▼ -2.3% MoM · 1.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
34 holders — mid 2-yr range
Price context
position in its 52-week range
Range low $11
Now $12 · 40%
Range high $13
vs 200-day avg +8%
vs 50-day avg +1%
Illustrative technical + ownership context — a signal mix, not investment advice.
Versus peers
Shell Companies — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
BKHA
this stock
Black Hawk Acquisition Corp
|
$49.39M | +5.3% | — | — | 0.0% |
|
CLUS
Cluster Group Holdings Ltd Co
|
$8.00B | — | — | — | — |
|
CCXI
Churchill Capital Corp XI
|
$804.86M | — | — | — | 6.0% |
|
DMII
Drugs Made In America Acquisition II Corp.
|
$646.55M | +2.2% | — | — | 0.2% |
|
CXII
Churchill Capital Corp XII
|
$601.05M | — | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BKHA | +0.1% | -0.1% | +11.9% | +0.6% | +5.3% |
| SPY | -0.4% | +5.0% | +12.4% | +2.6% | +12.3% |
| vs SPY | +0.5% | -5.1% | -0.6% | -2.0% | -7.0% |