New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$1.8m). Revenue is less than US$1m (US$512k revenue). Market cap is less than US$10m (US$51.6k market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Shareholders have been diluted in the past year (3.5% increase in shares outstanding). お知らせ • Nov 15
Merion, Inc. announced delayed 10-Q filing On 11/14/2022, Merion, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Aug 16
Merion, Inc. announced delayed 10-Q filing On 08/15/2022, Merion, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • May 17
Merion, Inc. announced delayed 10-Q filing On 05/16/2022, Merion, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Apr 01
Merion, Inc. announced delayed annual 10-K filing On 03/31/2022, Merion, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. お知らせ • Oct 20
Merion, Inc. announced that it expects to receive $0.3 million in funding Merion, Inc. (OTCPK:EWLU) announced that it has entered into securities purchase agreement for a private placement of 300,000 shares at a price of $1 per share for gross proceeds of $300,000 on October 19, 2020. The transaction will include participation from individual investor Vickie Hienthuc Duong. The company will issue securities pursuant to exemption provided under Regulation D. The transaction will be expected to complete on or before October 30, 2020. お知らせ • Sep 29
Merion, Inc. announced that it has received $0.15 million in funding On September 28, 2020, Merion, Inc. (OTCPK:EWLU) closed the transaction. お知らせ • Sep 26
Merion, Inc. announced that it expects to receive $0.15 million in funding Merion, Inc. (OTCPK:EWLU) announced that it has entered into securities purchase agreement for a private placement of 150,000 shares at a price of $1 per share for gross proceeds of $150,000 on September 22, 2020. The transaction will include participation from individual investor Vickie Hienthuc Duong. The company will issue securities pursuant to exemption provided under Regulation D. The transaction will be expected to complete on or before September 30, 2020. お知らせ • Sep 10
Merion, Inc. announced that it expects to receive $1.1 million in funding from Charming Life International, LLC and another investor Merion, Inc. (OTCPK:EWLU) announced that it has entered into securities purchase agreement for a private placement of 1,100,000 shares at a price of $1 per share for gross proceeds of $1,100,000 on September 7, 2020. The transaction will include participation from Charming Life International, LLC for 1,000,000 shares for proceeds of $1,000,000 and Min Zhang for 100,000 shares for proceeds of $100,000. The company will issue securities pursuant to exemption provided under Section 4(a)(2) of the Securities Act and Regulation D and S.