The tiny gross proceeds relative to share count suggest the stock is trading near distress levels. Monitor for further ELOC draws and any going-concern disclosure in the next 10-Q. The resale registration allows immediate selling by the fund, creating persistent overhang.
Price Chart
Executive Summary
Endovia Health Sciences issued 526,582 shares to C/M Capital Master Fund, LP under its existing ELOC agreement for gross proceeds of $81,830.84. The shares were sold at approximately $0.155 per share, representing a heavily dilutive capital raise at a minimal price. The proceeds are de minimis relative to any operational needs, signaling ongoing financial distress.
Key Financial Metrics
Key Facts
- Issued 526,582 shares on September 30, 2026 under an ELOC agreement dated September 19, 2025
- Total gross proceeds: $81,830.84
- Implied price per share: approximately $0.155
- Purchaser: C/M Capital Master Fund, LP
- Shares registered for resale on Form S-1 effective August 24, 2026
Financial Impact
Gross proceeds of $81,830.84 from 526,582 shares at ~$0.155/share; dilution likely material given the company's small market cap but exact percentage cannot be calculated without shares outstanding figure
Risk Factors
- Continued dilution from ELOC draws at depressed prices
- Potential going-concern risk if cash runway is insufficient
- Immediate resale overhang from registered shares
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001731122-26-001320 |
| Document: 0001731122-26-001320-index-headers.html | 0001731122-26-001320 |
| Document: 0001731122-26-001320-index.html | 0001731122-26-001320 |
| Document: 0001731122-26-001320.txt | 0001731122-26-001320 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | SC 13G | $0.1600 $0.1577 | ▼ −1.44% | ▼ −2.15% | $0.1580 (−1.25%) |
Oct 15, 2026 11d ago | 8-K | $0.1460 $0.1350 | ▲ +7.53% | ▲ +7.96% | $0.1580 (−8.22%) |
Oct 6, 2026 20d ago | 8-K | $0.1650 $0.1599 | ▲ +3.09% | ▲ +2.67% | $0.1580 (+4.24%) |
Oct 5, 2026 21d ago | DEF 14A | $0.1679 $0.1650 | ▲ +1.73% | ▲ +1.49% | $0.1580 (+5.90%) |
Oct 5, 2026 21d ago | 8-K | $0.1680 $0.1650 | ▼ −1.79% | ▼ −1.55% | $0.1580 (−5.95%) |
Aug 31, 2026 8w ago | 8-K | $0.2954 $0.2614 | ▼ −11.51% | ▼ −11.95% | $0.1580 (−46.51%) |
Aug 25, 2026 9w ago | EFFECT | $0.4182 $0.3650 | ▲ +12.72% | ▲ +12.74% | $0.1580 (+62.22%) |
US Market Status
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