secwatch.observer — SEC 8-K summary
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Issuer:     GridAI Technologies Corp. (GRDX)
CIK:        0001604191
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0001104659-26-001755
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GridAI completes rescission of ImmunogenX acquisition, removes $83.2M in assets
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604191/000110465926001755/0001104659-26-001755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604191/000110465926001755/tm262353d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-001755

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer