Event-Driven Stocks

ASPAC II Acquisition Corp.

ASCBFOTC

Financials · Blank Checks · D8 · SEC filings ↗ · Compare ⊕

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Signs● 3 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue—————
Operating income−$347,251−$610,857−$842,030−$424,790−$2,760
Net income−$224,482$155,060$5.4M$2.4M−$2,760
Total assets$586,132$4.6M$22.4M$207.5M$140,115
Total liabilities$7.7M$7.4M$7.2M$7.0M$117,875
Equity−$7.6M−$7.3M−$6.7M−$5.9M$22,240
EPS (diluted)—————
Shares out.—————

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
—
Net margin
—
Return on equity
2.9%
Return on assets
−38.3%
Return on capital (ROCE)
—
Liabilities / assets
1311.0%
Debt / equity
—
Book value / share
—
Revenue growth (YoY)
—
Net income growth (YoY)
−244.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-54.43distress
Accruals / assets
23.6%high accruals
Piotroski F-Score
0/6weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
23
/ 100
Profitability 50Growth 0Catalyst 67Earnings quality 0Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 3 severe● 3 warning● 0 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 13, 202681000.00.0%
Feb 27, 202681000.00.0%
Feb 13, 202681000.00.0%
Jan 30, 202681000.00.0%
Jan 15, 202681000.00.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)