8-K
filed April 29, 2026, 7:59 PM ET
ticker SDEV
CIK 0001389545
other material
confidence high
sentiment negative
materiality 0.95
SDEV restates 2025 financials; warrant error increases net loss from $22.1M to $630.8M
Stablecoin Development Corp
- Audit committee concludes 2025 financials non-reliable due to pre-funded warrant accounting error.
- Anti-dilution triggered by preferred stock conversion increased shares issuable from 1.08M to 22.66M; exercise price cut from $0.05 to $0.002385.
- Warrant liability restated from $30.4M to $639.1M; net loss restated from $22.1M to $630.8M (all non-cash).
- No impact on cash, revenue, operating expenses, or cash flows; 10-K/A to be filed.
- Warrants reclassified from liability to equity after stockholder approval in March 2026.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001437749-26-013891
- form_type
- 8-K
- ticker
- SDEV
- cik
- 0001389545
- company_name
- Stablecoin Development Corp
- filed_at
- 2026-04-29T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.223382+00:00
- generated_at
- 2026-05-15T01:39:33.499420+00:00
- sec_items
- ["4.02"]
- event_type
- other_material
- sentiment
- negative
- materiality_score
- 0.95
- calibrated_materiality_score
- 0.95
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001437749-26-013891
- json_url
- https://secwatch.observer/filing/0001437749-26-013891.json
- markdown_url
- https://secwatch.observer/filing/0001437749-26-013891.md
- text_url
- https://secwatch.observer/filing/0001437749-26-013891.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1389545/000143774926013891/0001437749-26-013891-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1389545/000143774926013891/nby20260428_8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
Comparable filings
RITE
MineralRite restates financials, cuts asset carrying value from $432M to $246M
MINERALRITE Corp
May 27, 2026, 4:02 PM ET
other_material
Items 4.02, 7.01, 8.01, 9.01
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
management determined that certain previously issued financial statements contained in the Company’s previously filed Annual Report on Form 10 for the fiscal year ended December 31, 2025, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, should no longer be relied upon.
Filing page
SEC filing
ZONE
CleanCore Solutions restates Q3 2026 financials; 70M Dogecoin transfer error
CleanCore Solutions, Inc.
May 18, 2026, 4:30 PM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
concluded that the Company’s previously issued unaudited condensed consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026, filed with the Securities and Exchange Commission (the “SEC”) on May 11, 2026 (the “Q3 2026 10-Q”), should no longer be relied upon and should be restated.
Filing page
SEC filing
GROO
Groovy Company CEO Abajian exits May 1; accountant dismissed after SEC suspension; authorized common cut to 100M shares
GROOVY COMPANY, INC.
May 13, 2026, 2:31 PM ET
other_material
Items 4.01, 4.02, 5.03, 5.02, 8.01, 9.01
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
(a) Dismissal of Previous Independent Registered Public Accounting Firm. On August 13, 2025, the Board of Directors of Groovy Company, Inc.
Filing page
SEC filing
HUBG
Hub Group restates 2023 and 2024 financials; premature revenue recognition cited
Hub Group, Inc.
May 12, 2026, 7:04 AM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
On May 11, 2026, the Audit Committee of the Board of Directors of Hub Group, Inc. (the “Company”), following discussion with and upon the recommendation of management, concluded that the previously issued audited consolidated financial statements of the Company as of and for each of the years ended December 31, 2024 (the “2024 Financial Statements”) and 2023 (the “2023 Financial Statements”) included in the Company’s Annual Reports on Form 10-K filed on February 25, 2025 and February 27, 2024, respectively, were in each case materially misstated and should no longer be relied upon.
Filing page
SEC filing
CETY
Clean Energy Technologies restates financials for 2022-2025 due to accounting errors
Clean Energy Technologies, Inc.
May 7, 2026, 7:59 PM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
concluded that between January 1, 2022, and September 30, 2025, the Company’s accounting
Filing page
SEC filing
DCO
Ducommun restates 2024-2025 financials; net income overstated $9.8M in 2024, $3.4M in 2025
DUCOMMUN INC /DE/
May 1, 2026, 7:59 PM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
Due to the identification of this Error, on May 1, 2026, management concluded that the following previously issued financial statements of the Company (and related earnings releases, press releases, shareholder communications, investor presentations or other materials describing relevant portions of such financial statements) should no longer be relied upon
Filing page
SEC filing
LRHC
La Rosa to restate FY2024 & interim results; revenue overstated $10.8M due to agent/principal error
La Rosa Holdings Corp.
April 24, 2026, 7:59 PM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
On April 24, 2026, the Audit Committee (the “Committee”) of the Board of Directors of La Rosa Holdings Corp. and Subsidiaries (the “Company”),in connection with the preparation of our consolidated financial statements for the years ended December 31, 2025,concluded that corrections are required to revenues and cost of revenue recognition in its previously issued condensed consolidated statement of operations for the year ended December 31, 2024 included in its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Period”), and unaudited condensed consolidated financial statements for the quarters ended March 31, 2024 through September 30, 2025 included in its Quarterly Reports on Form 10-Q (the “Interim Periods”, which, together with the Annual Period, the “Affected Periods”).
Filing page
SEC filing
SPWR
SunPower restates 2025 interim financials due to material revenue, expense errors
SunPower Inc.
April 14, 2026, 7:59 PM ET
other_material
Items 4.02
same fact type: auditor_change
same SEC item: 4.02
same event type: other_material
similar materiality
This filing
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
Comparable filing
aterial errors and should no longer be relied upon and should be restated. These material errors related to the recognition of revenue
Filing page
SEC filing
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.