QMLS · QumulusAI, Inc.
$5.71
-0.08 (-1.38%)
At close · Sep 4
Going-concern doubt
— cleared Aug 25, 2026
The latest filing states the doubt was alleviated.
“The Company’s plans to alleviate the substantial doubt include receiving access to $19,925,104 in previously restricted cash as a result of the Company’s public listing and completing an additional $15,300,000 draw under the USD.AI protocol. The Company also entered into multiple significant revenue contracts in July 2026 for approximately $103,900,000 in future revenue in which the Company received approximately $20,900,000 in cash deposits. Accordingly, management concluded these plans will alleviate the substantial doubt about the Company’s ability to continue as a going concern for the one-year period extending from the date of issuance of these financial statements.”View the 10-Q filed Aug 25, 2026
Market Cap
$193.72M
Shares
33.46M
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.