Calethos, INC

Market Movers (8-K)

OQB
CalEthos, Inc. has officially changed its corporate name to TerraVolt Holdings, Inc. and updated its bylaws, effective June 30, 2026, with no change to its stock trading symbol or CUSIP number.
OQB
CalEthos, Inc. has secured a natural gas supply agreement for its planned AI data center infrastructure development, ensuring a stable energy source for its Physical Infrastructure-as-a-Service platform.
Delay expected
OQB
CalEthos has entered an option agreement to acquire a 315-acre parcel in Imperial County, California, for a clean-energy-powered data center campus, replacing a previous 80-acre option.
Better than expected
Capital raise
OQB
CalEthos Inc. exchanged $5.4 million in debt and warrants for 10.8 million shares of common stock, significantly increasing the total outstanding shares.

Quarterly Earnings (10-Q)

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OQB
TerraVolt Holdings, Inc. reported a net loss of $2.245 million for H1 2026 and faces substantial doubt about its ability to continue as a going concern, despite securing a gas supply agreement and advancing data center campus permitting.
Worse than expected
Capital raise
OQB
CalEthos Inc. reports progress on its data center development in Idaho, securing a natural gas supply agreement and a preliminary joint venture, while facing significant funding requirements and a material weakness in internal controls.
Delay expected
Worse than expected
Capital raise
OQB
CalEthos, Inc. abandoned its Imperial County data center project due to regulatory delays, pivoting to a new Infrastructure-as-a-Service model while facing significant financial challenges and a going concern warning.
Worse than expected
Capital raise
Delay expected
OQB
CalEthos, Inc. has abandoned its primary data center project in Lithium Valley due to significant delays, shifting focus to a new Infrastructure-as-a-Service model under its TerraVolt subsidiary while facing severe financial challenges.
Delay expected
Worse than expected
Capital raise
OQB
CalEthos, Inc. reports its Q1 2025 financial results, highlighting its ongoing efforts in developing a clean-energy-powered data center campus.
Worse than expected
Capital raise
OQB
CalEthos Inc. reported its Q3 2024 results, highlighting a net loss and ongoing efforts in developing a clean-energy-powered data center campus.
Worse than expected
Capital raise

Annual Reports (10-K)

OQB
CalEthos, Inc. reported a net loss of $6.5 million for 2025 and a significant working capital deficit, while strategically shifting its focus to developing onsite-powered data center campuses.
Worse than expected
Capital raise
Delay expected
OQB
CalEthos is developing a large-scale, geothermal-powered data center campus in Southern California, aiming to lease powered building lots and buildings to enterprise IT companies.
Worse than expected
Delay expected
Capital raise
OQB
CalEthos, Inc. details its progress in developing a clean-energy-powered data center in Imperial County, California, in its annual report.
Worse than expected
Capital raise

Insider Trading (Form 4)

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OQB
CalEthos, Inc. reports a Form 4 filing detailing a transaction involving director Chauncey L. Thompson and the issuance of warrants.
Capital raise
OQB
CalEthos, Inc. Chairman and CEO Joel Drake Stone acquired 2 million fully vested employee stock options at an exercise price of $0.49 per share.
OQB
Sean Paul Fontenot, a director and 10% owner of CalEthos, Inc., transferred his entire beneficial ownership of company securities to SFO IDF LLC for estate planning.
OQB
CalEthos, Inc. reports an indirect acquisition of 1 million warrants by Director Chauncey L. Thompson's managed entity, SFO IDF LLC, tied to a promissory note.
Capital raise
OQB
CalEthos CEO Michael Campbell sold 300,000 shares of common stock to a third-party lender in exchange for a personal loan.
OQB
Sean Paul Fontenot, a director and 10% owner of CalEthos, Inc., filed a Form 4 detailing transactions involving warrants and common stock.

Schedule 13D - Activist Investments

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OQB
CalEthos Inc. has entered into a significant financing agreement with SFO IDF LLC, securing a $15 million loan and restructuring existing debt, alongside a joint venture for a data center campus.
Capital raise
OQB
CalEthos, Inc. CEO Joel Stone disclosed a 12.2% beneficial ownership stake following the grant of 2,000,000 new stock options.
Capital raise
OQB
Sean Paul Fontenot, a director of CalEthos, Inc., has divested his entire beneficial ownership in the company, marking an exit filing.
OQB
Chauncey Lennis Thompson amended his Schedule 13D filing to correct previously omitted beneficial ownership, now reporting a 51.6% stake in CalEthos, Inc.
Capital raise
Delay expected
OQB
Michael Campbell has transitioned from CEO to VP of Corporate Development at CalEthos, Inc., while retaining a significant 43.6% beneficial ownership stake.
OQB
Chauncey Lennis Thompson, through SFO IDF LLC, increased beneficial ownership in CalEthos, Inc. to 12.0% and extended maturity dates for $750,000 in promissory notes.
Delay expected
Worse than expected
Capital raise