M&A
confidence high
sentiment negative
materiality 0.70
Azio AI acquisition target posts $54,445 loss since inception; auditors flag going-concern doubt
Envirotech Vehicles, Inc.
- Net loss of $54,445 from Oct 7, 2025 inception through Dec 31, 2025; cash only $1,000 at year-end.
- TAAD LLP audit raises substantial doubt about going concern due to recurring losses and limited cash.
- Azio AI supplies AI GPUs, immersion-cooled Bitcoin miners, and power distribution; no revenue yet.
- Related-party liabilities of $23,723 in director payments plus $1,000 director loan outstanding as of Dec 31, 2025.
- 1,000-for-1 forward split Feb 10, 2026; authorized shares raised to 100M common, 10M preferred.