Groove Botanicals INC

Market Movers (8-K)

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Groove Botanicals Inc. has replaced its independent auditor, M. S. Madhava Rao, with GSKCA & Associates effective May 13, 2026.
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Groove Botanicals Inc. announced non-reliance on its initial Form 10-K due to missing auditor consent, subsequently filing an amended report with the required consent.
Delay expected
Worse than expected
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Groove Botanicals Inc. reports the resignation of a director and the extension of the CEO's employment contract.
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Groove Botanicals Inc. has appointed M.S. Madhava Rao as its new independent registered public accounting firm, effective immediately, to perform audit services for the fiscal years ending March 31, 2024 and 2023.
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Groove Botanicals Inc. has dismissed its independent auditor, BF Borgers CPA PC, after the SEC issued a permanent ban against the firm.
Worse than expected

Quarterly Earnings (10-Q)

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Groove Botanicals, Inc. reported increased net losses for the quarter ended September 30, 2025, with auditors expressing substantial doubt about its ability to continue as a going concern amidst zero revenue and a new EV battery technology strategy.
Capital raise
Worse than expected
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Groove Botanicals, Inc. reported increased net losses and a significant accumulated deficit, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
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Groove Botanicals, Inc. reports a net loss for the quarter ended December 31, 2024, and acknowledges substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
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Groove Botanicals reports a net loss for the third quarter of 2024, while continuing to focus on its new EV battery technology business model.
Worse than expected
Capital raise
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Groove Botanicals, Inc. reported a reduced net loss for the quarter ended June 30, 2024, compared to the same period last year, driven by lower operating expenses.
Better than expected
Capital raise
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Groove Botanicals, Inc. reported a net income of $24,206 for the quarter ended December 31, 2023, a significant improvement from the net loss of $41,055 in the same period of 2022, while still facing substantial doubt about its ability to continue as a going concern.
Better than expected
Capital raise

Annual Reports (10-K)

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Groove Botanicals Inc. files its annual 10-K report, detailing its transition from past operations to a new strategy focused on identifying and evaluating early-stage intellectual property and applied technologies from Norwegian research institutions for North American commercialization.
Capital raise
Worse than expected
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Groove Botanicals Inc. filed an amendment to its annual report to correct typographical errors in the independent auditor's report, with no impact on previously published financial results.
Capital raise
Worse than expected
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Groove Botanicals Inc. filed an amended annual report correcting financial errors while revealing persistent losses and substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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A company with a history of unsuccessful ventures is now focusing on early-stage EV battery technologies, facing significant financial challenges and a volatile regulatory landscape.
Capital raise
Worse than expected
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Groove Botanicals Inc. reports a net loss for fiscal year 2024 and expresses substantial doubt about its ability to continue as a going concern while pursuing a new business model in EV battery technology.
Worse than expected
Capital raise