Alpine 4 Holdings, INC

Market Movers (8-K)

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BrooQLy Inc., doing business as Dynamic Aerospace Systems, has acquired assets from Vayu, Impossible Aerospace, and Global Autonomous Corporation, all previously owned by Alpine 4 Holdings, for a total of $14.99 million.
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Kent Wilson and Ian Kantrowitz resign from Alpine 4 Holdings' Board of Directors and other positions, citing new business opportunities as the company undergoes a wind down.
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Alpine 4 Holdings announces it will shut down operations after facing significant financial and regulatory challenges, including prolonged audit delays and difficulties in raising capital.
Worse than expected
Delay expected
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Alpine 4 Holdings will restate several past financial statements due to errors in lease accounting, and a board member has resigned.
Worse than expected
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Alpine 4 Holdings has been delisted from Nasdaq due to delays in filing its 2023 Annual Report, primarily caused by complex auditing requirements and disagreements between auditors.
Worse than expected
Delay expected
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Alpine 4 Holdings will be delisted from the Nasdaq Capital Market effective October 18, 2024, due to ongoing issues with delinquent financial filings.
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

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Alpine 4 Holdings' Q3 2023 results reveal a substantial net loss due to goodwill and intangible asset impairments, despite efforts to improve operational cash flow.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Christopher Meinerz, CFO of Alpine 4 Holdings, acquired 25,000 shares of Class A Common Stock and 300,000 employee stock options.