other_material
confidence high
sentiment neutral
materiality 0.75
GridAI completes rescission of ImmunogenX acquisition, removes $83.2M in assets
GridAI Technologies Corp.
- Rescission completed Dec 31, 2025; Immuno LLC is no longer a subsidiary.
- Pro forma total assets as of Sep 30, 2025: $52.2M (down from $135.4M).
- Pro forma net loss from continuing ops for nine months ended Sep 30, 2025: $2.59M, diluted EPS -$1.77.
- Removed 11,777,418 shares of Series G Preferred Stock issued to IMGX as part of rescission.
- Pro forma net loss from continuing ops for year ended Dec 31, 2024: $15.62M, diluted EPS -$4.62.