Powercheck AI Holdings Ltd

F-1/A amended

Price $4.50 · Range $4.00 to $5.00 · 3,750,000 shares · Gross proceeds $18,750,000

Powercheck AI Holdings Ltd's F-1/A filing highlights ongoing liquidity challenges, with net losses of $11,813 in 2025 and $3,174 in 2024. The company faces substantial doubt about its ability to continue as a going concern, relying on cash reserves, operational cash flows, and external financing. While management believes current cash balances ($28,074 as of 2025) and projected cash flows will cover obligations for the next 12 months, risks include insufficient funding, operational losses, and reliance on Malaysian markets. The filing confirms a single reportable segment with all operations and revenues in Malaysia.

F-1 filed

Price $4.00 · Range $4.00 to $5.00 · 3,750,000 shares

Powercheck AI Holdings Ltd's F-1 filing highlights significant liquidity challenges, including net losses of $11,813 in 2025 and $3,174 in 2024, with negative cash flow from operations. The company relies on external financing and shareholder support to sustain operations, citing substantial doubt about its ability to continue as a going concern beyond 2026. Key risks include foreign currency fluctuations, credit concentration in Malaysia, and dependence on management's execution of its business plan. The company operates as a single segment with all assets and revenue in Malaysia.