ZRCN · ZRCN Inc.
$7.00
At close · Apr 8
Going-concern doubt
— flagged Jul 7, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern. Management is actively pursuing options to improve liquidity, including negotiating waivers or amendments to existing debt covenants, reducing discretionary spending, and evaluating potential capital raises. While these plans are intended to mitigate the risk, there can be no assurance that they will be successful in eliminating the substantial doubt.”View the 10-Q filed Jul 7, 2026
Market Cap
$72.53M
Shares
10.36M
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 |
|---|---|---|---|---|---|
| 2022-09-16 | Guilbaud Christian |
Director, 10% Owner |
Buy↑
Filing footnotes — Common Stocks unit (Direct)
Each common stock unit consists of 1 common stock and 1 common stock warrants. Each common stock warrants entitles the holder to purchase 1 common stock at $0.25 within 24 months from the closing date. Common stock par value is $0.0001 per share. |
Common Stocks unit
|
150,000 |
| 2022-09-16 | Guilbaud Christian |
Director, 10% Owner |
Buy↑
|
Warrants
|
150,000 |
| 2022-09-16 | Zeng Nick Nianqing |
Director, CEO, 10% Owner |
Other↑
Filing footnotes — Common Stocks (Indirect)
Converted $54,000 into 540,000 common stock at $0.10 per share. Common stock par value is $0.0001 per share. |
Common Stocks
(I)
|
540,000 |
Legend
Buy — open-market purchase
Sell — open-market sale
↑ Shares acquired
↓ Shares disposed (gift, conversion, tax…)
Showing 1–3 of 3 transactions