PECE · Peace Acquisition Corp.
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 Financial Accounting Standard Board's Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity'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 within one year after the date that the financial statement is issued. 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 a 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 raise substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 14, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-10 | Casper Holding LP |
10% Owner |
Other↓
Filing footnotes — Ordinary Shares (Direct)
Represents shares forfeited by the reporting person as a result of the underwriters of the Issuer's initial public offering (the "IPO") terminating the over-allotment option of the IPO without exercising any portion thereof. |
Ordinary Shares
|
99,000 |
| 2026-06-10 | Baystar Holding Group Ltd |
10% Owner |
Other↓
Filing footnotes — Ordinary Shares (Indirect)
Represents shares forfeited by the reporting person as a result of the underwriters of the Issuer's initial public offering (the "IPO") terminating the over-allotment option of the IPO without exercising any portion thereof. Includes 202,500 shares included within units held by Baystar Holding Group Limited. Fangping Zheng is the sole director and shareholder of Baystar Holding Group Limited. |
Ordinary Shares
(I)
|
201,000 |