Global Lights Acquisition Corp
Financials · Financials · <br>Emerging growth company · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | |
|---|---|---|
| Revenue | — | — |
| Operating income | −$369,963 | −$73,277 |
| Net income | $79,994 | −$73,277 |
| Total assets | $70.1M | $836,655 |
| Total liabilities | $2.6M | $913,312 |
| Equity | −$2.3M | −$76,657 |
| EPS (diluted) | — | — |
| Shares out. | 2.1M | 1.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- —
- Net margin
- —
- Return on equity
- −3.4%
- Return on assets
- 0.1%
- Return on capital (ROCE)
- −0.5%
- Liabilities / assets
- 3.8%
- Debt / equity
- —
- Book value / share
- $-1.12
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
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 · FY2023- Altman Z″ (distress)
- -1.06distress
- Accruals / assets
- 2.5%clean
- Piotroski F-Score
- 4/7mixed
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 ScoreOur 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. What these scores mean →
Signs
● 3 severe● 1 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
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- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
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- Wolverine Asset Management LlcPassive (13G)Jul 7, 2025
- Karpus Management, Inc.Passive (13G)Jul 7, 2025
- Meteora Capital, LlcPassive (13G)May 15, 2025
- Mizuho Financial Group IncPassive (13G)May 13, 2025
- First Trust Capital Management L.P.Passive (13G)Feb 14, 2025
- Polar Asset Management Partners Inc.Passive (13G)Feb 14, 2025
- Wealthspring Capital LlcPassive (13G)Feb 13, 2025
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.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureJan 23, 2025
- Entered a material agreement · New financial obligationJan 2, 2025
- Regulation FD disclosureNov 22, 2024
- Shareholder vote · Other material eventNov 20, 2024
- Entered a material agreement · New financial obligation · Unregistered equity saleAug 8, 2024
- Other material eventNov 30, 2023
- Other material eventNov 22, 2023
- Entered a material agreement · Unregistered equity sale · Director / officer change · Amended charter or bylaws · Other material eventNov 16, 2023
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 ↗- 25-NSEJul 14, 2025
- SCHEDULE 13G/AJul 7, 2025
- SCHEDULE 13G/AJul 7, 2025
- SCHEDULE 13G/AMay 15, 2025
- SCHEDULE 13G/AMay 13, 2025
- UPLOADApr 4, 2025
- UPLOADFeb 28, 2025
- SCHEDULE 13G/AFeb 14, 2025
- SCHEDULE 13G/AFeb 14, 2025
- SCHEDULE 13GFeb 14, 2025
- SCHEDULE 13G/AFeb 13, 2025
- SCHEDULE 13GFeb 13, 2025
- SCHEDULE 13GJan 31, 2025
- 425Jan 23, 2025
- 8-KFORM 8-KJan 23, 2025
Event-driven situations (1)
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