お知らせ • Jun 02
Enchem America, Inc. entered into a binding summary term sheet to acquire The Growhub Limited (NasdaqCM:TGHL) for SGD 62.9 million in a reverse merger transaction. Enchem America, Inc. entered into a binding summary term sheet to acquire The Growhub Limited (NasdaqCM:TGHL) for SGD 62.9 million in a reverse merger transaction on May 28, 2026. The consideration consists of 142.85 million common equity of The Growhub Limited to be issued for common equity of Enchem America, Inc. As part of consideration, SGD 62.85 million is paid towards common equity of Enchem America, Inc. Upon completion, Enchem America, Inc. will own 85% stake in The Growhub Limited. All senior executive officers of The Growhub Limited , including all C-suite positions, shall resign effective at the Effective Time. EnChem America will designate the post-Closing senior management team and provide a management designation notice to the Public Company at least five Business Days before the Closing Date.
The transaction is subject to approval by regulatory board / committee, approval of offer by acquirer shareholders, definitive agreement, approval of offer by target shareholders, registration statement effectiveness(S-4 / F-4) and listing / approval of new shares on stock exchange. お知らせ • Apr 30
The Growhub Limited announced delayed 20-F filing On 04/29/2026, The Growhub Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Dec 24
New major risk - Revenue and earnings growth Revenue has declined by 57% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-S$3.2m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-S$3.7m). Revenue has declined by 57% over the past year. Revenue is less than US$1m (S$120k revenue, or US$93k). Market cap is less than US$10m (US$9.31m market cap). New Risk • Dec 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.98m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-S$1.7m). Revenue is less than US$1m (S$237k revenue, or US$183k). Market cap is less than US$10m (US$9.98m market cap). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Nov 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Negative equity (-S$1.7m). Revenue is less than US$1m (S$237k revenue, or US$182k). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (US$15.1m market cap). お知らせ • Aug 28
The Growhub Limited has completed an IPO in the amount of $15 million. The Growhub Limited has completed an IPO in the amount of $15 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,750,000
Price\Range: $4
Discount Per Security: $0.3 Board Change • Aug 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman & CEO Lester Chan is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.