PIAC · Princeton Capital Corp · Fails to Deliver
One customer — 97% of revenue (the years ended December 31, 2025)
“For the years ended December 31, 2025 and 2024, one customer accounted for 97% and 93% of revenue, respectively.”
One customer — 93% of revenue (the years ended December 31, 2024)
“For the years ended December 31, 2025 and 2024, one customer accounted for 97% and 93% of revenue, respectively.”
One customer — 97% of receivables (December 31, 2025)
“As of December 31, 2025 and 2024, one customer accounted for 97% and 95% of the accounts receivable balance, respectively.”
One customer — 95% of receivables (December 31, 2024)
“As of December 31, 2025 and 2024, one customer accounted for 97% and 95% of the accounts receivable balance, respectively.”
Fails to deliver — shares from a trade that were not delivered to the buyer by the settlement date — published by the SEC twice a month. Persistent fails can reflect settlement problems or naked short selling.