Market Movers (8-K)
Arculus System Co., Ltd. approved the issuance of approximately 20,430,950 shares of common stock to non-U.S. based management teams, cofounders, technical advisors and senior employees.
Azzurro Solutions Corp. changes its name to Arculus System Co., Ltd. and authorizes 75,000,000 shares of preferred stock.
Capital raise
Quarterly Earnings (10-Q)
Arculus System Co., Ltd. reported a significant increase in net losses and operating expenses for the quarter ended June 30, 2025, raising substantial doubt about its ability to continue as a going concern without additional capital.
Capital raise
Worse than expected
Arculus System Co., Ltd. reported a significant increase in net loss for the quarter ended December 31, 2024, with no revenue generated, raising substantial doubt about its ability to continue as a going concern without securing an additional $500,000 in capital.
Capital raise
Worse than expected
Annual Reports (10-K)
Arculus System Co., Ltd. has undergone a complete business transformation, shifting from crystal chandelier distribution to developing Electronic Design Automation (EDA) tools, reporting a net loss of $106,109 for fiscal year 2024 and facing substantial doubt about its ability to continue as a going concern.
Delay expected
Capital raise
Worse than expected
Arculus System Co., Ltd.'s 10-K filing reveals a net loss of $106,109, no revenue for the year ended September 30, 2024, and substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected