Market Movers (8-K)
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Snail, INCSnail, Inc. has entered into two service agreements with Suzhou Snail, a company with ties to its CEO and a director, for platform development and game testing services.
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Snail, INCSnail, Inc. reported its second quarter 2026 financial results, showing a year-over-year revenue decrease but a substantial improvement in net loss, alongside updates on its ARK franchise and new AI ventures.
Worse than expected
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Snail, INCSnail, Inc. is implementing a 1-for-5 reverse stock split to address Nasdaq's minimum bid price requirement and potential delisting.
Worse than expected
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Snail, INCSnail, Inc. announces board approval for a reverse stock split ranging from 1-for-2 to 1-for-10, subject to further board discretion and regulatory timelines.
Delay expected
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Snail, INCSnail, Inc. filed an amendment to its 8-K to correct typographical errors regarding the results of its 2026 Annual Meeting of Stockholders.
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Snail, INCSnail, Inc. shareholders re-elected eight directors and ratified the appointment of BDO USA, P.C. as the company's independent auditor.
Quarterly Earnings (10-Q)
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Snail, INCSnail Inc. filed its Form 10-Q for the quarter ended June 30, 2026, detailing a net loss of $3.04 million and ongoing challenges with Nasdaq listing requirements.
Capital raise
Worse than expected
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Snail, INCSnail Inc. announced a significant turnaround in its first quarter of 2026, reporting a net income of $2.1 million, a substantial improvement from the prior year's net loss.
Better than expected
Capital raise
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Snail, INCSnail, Inc. reported a significant net loss for Q3 and the nine months ended September 30, 2025, despite increased bookings and strategic investments in new game content and digital initiatives.
Worse than expected
Capital raise
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Snail, INCSnail Inc. reported a significant net loss for Q2 and H1 2025, driven by surging operating expenses despite revenue growth and increased user engagement.
Capital raise
Worse than expected
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Snail, INCSnail, Inc. saw a significant revenue increase in Q1 2025, primarily driven by the strong performance of its ARK franchise, but reports a material weakness in internal controls.
Capital raise
Worse than expected
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Snail, INCSnail Inc. saw a significant increase in revenue and a return to profitability in the third quarter of 2024, while also regaining compliance with Nasdaq listing requirements.
Better than expected
Capital raise
Annual Reports (10-K)
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Snail, INCSnail Inc. filed an amendment to its 2025 annual report to include updated loan and security agreements with Cathay Bank, detailing changes to revolving credit and a new term loan.
Capital raise
Worse than expected
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Snail, INCSnail, Inc. reported a significant net loss of $27.2 million for fiscal year 2025, a sharp decline from the prior year's net income, alongside a revenue decrease and a Nasdaq deficiency notice.
Worse than expected
Capital raise
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Snail, INCSnail, Inc. achieves profitability in 2024 with net income of $1.8 million, fueled by the ARK franchise and expansion into new gaming and entertainment segments.
Better than expected
Capital raise
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Snail, INCSnail Inc. reported a net loss of $9.1 million for 2023, compared to a net income of $1.0 million in 2022, amidst a dynamic market and strategic investments.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Snail, INCYing Zhou, a Director and 10% owner of Snail Inc., reported the sale of 1,100 shares of Class A Common Stock.
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Snail, INCDirector Ying Zhou acquired 4,700 shares of Snail, Inc. Class A Common Stock through SDE, Inc. on May 26 and May 27, 2026.
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Snail, INCYing Zhou, a Director and 10% owner of Snail Inc., reported transactions involving Class A Common Stock and disclosed beneficial ownership of Class B Common Stock.
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Snail, INCSnail, Inc. director Neil Foster was granted 133,332 Class A common stock restricted stock units valued at $180,000 as compensation for his board service.
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Snail, INCSnail, Inc. Director Sandra Pundmann was granted 133,332 Class A Common Stock Restricted Stock Units (RSUs) valued at $180,000 for her board service across fiscal years 2023, 2024, and the 2025 Annual Meeting.
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Snail, INCSnail, Inc. Director Ryan Jamieson received two grants of Restricted Stock Units totaling 71,110 shares, valued at $96,000, for his service on the Board of Directors.
Proxy Statements (Def-14A)
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Snail, INCSnail, Inc. has scheduled its 2026 Annual Meeting of Stockholders for May 27, 2026, to elect eight directors and ratify its independent auditor.
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Snail, INCSnail, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on June 19, 2025, to elect directors and ratify the selection of its independent auditor.
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Snail, INCDEF 14C: Snail Inc. Secures $3.3 Million in Convertible Note Financing, Eyes Additional $7.7 Million
Snail Inc. announces a $3.3 million convertible note financing with potential for an additional $7.7 million, approved by majority stockholders via written consent to comply with Nasdaq listing rules.
Capital raise
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Snail, INCSnail, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on June 24, 2024, to elect directors and ratify the selection of its independent accounting firm.
New Public Companies (S-1)
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Snail, INCSnail, Inc. files an S-1/A to register 5.4 million Class A common stock shares for resale by investors, following significant net losses and a decline in revenue.
Worse than expected
Capital raise
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Snail, INCSnail, Inc. files an S-1 registration statement to allow selling stockholders to resell 5.4 million Class A common shares converted from recent private placement notes, following a period of revenue decline and net losses.
Worse than expected
Capital raise
NASDAQ
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Snail, INCSnail, Inc. files an S-1 registration statement for the resale of up to 2,293,940 shares of Class A common stock by selling stockholders after a private placement of convertible notes.
Worse than expected
Capital raise