SecBot SecBot
425 ·Filed Mar 31, 2026

TBH

Brag House Holdings, Inc.
MIXED
Impact 6/10
Horizonweeks Processed6mo ago SEC0001213900-26-037867
Rule 425 M&A communications
Actionable Insight ◆ Mixed

Monitor for further delays beyond May 29, 2026, and watch for insider selling patterns when initial lockups expire at 90 and 180 days post-close. The extended restrictions suggest concern about post-merger selling pressure, which could weigh on the stock if liquidity is constrained.

DirectionMixed
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
TBH ▲ +62.74% at T+60d
NEUTRAL call +62.74% · α vs SPY +49.36% · entry $2.46 → $4.01
Entry = T+0 close
Mar 31, 2026
via day close
T+1d
+19.81%
call +19.81% · α +19.72%
$2.95
settled 7mo ago
T+5d
+21.43%
call +21.43% · α +17.66%
$2.99
settled 7mo ago
T+20d
+127.60%
call +127.60% · α +117.92%
$5.61
settled 6mo ago
T+60d
+62.74%
call +62.74% · α +49.36%
$4.01
settled 4mo ago

Price Chart

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Executive Summary

Brag House Holdings amended its merger agreement with House of Doge to extend and tighten transfer restrictions on shares issued to former House of Doge stockholders and RSU holders, requiring up to 270-day lockups. The deal's termination deadline was also extended from April 30 to May 29, 2026, indicating ongoing execution risk and shareholder alignment concerns.

Key Financial Metrics

Deal Type
merger

Key Facts

  • Amendment No. 3 extends transfer restrictions on shares issued to former House of Doge stockholders, with Group A and B stockholders facing up to 80% lockups at closing and full release only after 270 days.
  • Holders of vested House of Doge RSUs face 90-day full lockup, followed by daily sale limits of 5% of prior day's trading volume.
  • Termination date for the merger extended from April 30, 2026 to May 29, 2026, indicating the deal has not yet closed and timeline has slipped.
  • Purchaser (Brag House) agreed to implement stop-transfer orders and restrictive legends to enforce these terms.
  • This is the third amendment to the original October 2025 merger agreement, suggesting prolonged execution timeline.

Financial Impact

No direct financial impact disclosed; structural changes to shareholder liquidity and potential post-merger stock price volatility due to staggered unlock schedule.

shareholder liquiditystock volatilitydeal execution timeline

Risk Factors

  • Deal may not close by the new May 29, 2026 deadline, leading to termination risk.
  • Staggered release of shares could create prolonged overhang and suppress stock price.
  • Third amendment signals execution complexity and potential integration challenges.

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
425 Filing (Primary)0001213900-26-037867
Document: ea0284417-8k425_brag.htm0001213900-26-037867
Document: 0001213900-26-037867-index-headers.html0001213900-26-037867
Document: 0001213900-26-037867-index.html0001213900-26-037867
Document: 0001213900-26-037867.txt0001213900-26-037867
6 reports for TBH
Performance horizon
67% Hit rate @ T+1 2 of 3 directional calls Went positive at some point 3 of 3 best @ T+20▲ +61.90%Apr 8, 2026
Filters
Rows
Reports for TBH — sortable, filterable
TypeNow
Jun 4, 2026
20w ago
8-K
BEARISH ★ 6/10
$4.25 $4.20▲ +1.18%▲ +1.40%—
May 8, 2026
24w ago
8-K
BEARISH ★ 7/10
$4.81 $4.80▲ +0.17%▲ +0.03%—
Apr 8, 2026
28w ago
Press Release
BULLISH ★ 7/10
$3.36 $2.99▼ −10.95%▼ −11.53%—
Apr 1, 2026
29w ago
DEFA14A
NEUTRAL ★ 5/10
$2.95 $3.37▲ +14.09%▲ +13.62%—
Mar 31, 2026
29w ago
425
MIXED ★ 6/10
$2.46 $2.95▲ +19.81%▲ +19.72%—
Mar 24, 2026
30w ago
DEFA14A
NEUTRAL ★ 6/10
$2.20 $2.28▲ +3.64%▲ +5.42%—
Showing 6 of 6

US Market Status

Market Closed — Opens Wed (17h 16m)

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Report published Apr 1, 2026