M&A - TechCom, Inc.
Form Type: 10-K
Filing Date: 2025-04-14
Corporate Action: Merger
Type: Update
Accession Number: 000168316825002528
Filing Summary: TechCom, Inc. filed its Annual Report for the year ended December 31, 2024, outlining a lack of current operations and a continuing deficit. The company is pursuing a strategy to identify a merger target in the form of an operating entity, crucial for revitalizing its business. As of March 20, 2025, there is only one officer, Mr. Aziz Ali, functioning as CEO and CFO. Financial data indicates an accumulated deficit of $2,673,991 and a stockholders deficit of $254,425, raising uncertainties about the company's going concern. The report also indicates no revenue generation and minimal administrative expenses, suggesting reliance on existing shareholder support for the next 12 months. This strategic focus on potential mergers underlines the company's intent to emerge from its non-operational status and suggests a transformation towards active business operations.
Document Link: View Document
Additional details:
Current Stock Price: $0.0950
Total Shares Outstanding: 64,990,254
Shareholder Support Terms: minimum for the next 12 months
Total Deficit: $2,673,991
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