E
Elventix Technology Corp
ELVXDormantElventix Technology Corp · OTCQB intended · latest filing 2026-08-31
One-minute decisionBASIC RESEARCHSource completeness · 91%
IPO research
Elventix is a pre-revenue, one-person-controlled development-stage news-app company seeking only $120,000 through a self-underwritten, no-minimum direct offering at $0.03 per share. At August 31, 2025 it had $403 cash, $232,542 liabilities, negative $14,928 equity and a $19,229 quarterly loss. Its principal asset is acquired software carried at $207,311, financed largely by a $188,538 note whose amended December 31, 2025 maturity is now historical and whose repayment status is not disclosed in this filing. There is no exchange listing, market maker, escrow, underwriter, contractual lock-up or assurance of a market. The filing supports monitoring as an ultra-speculative OTC-intended offering, not treatment as a conventional IPO.
The November 21, 2025 S-1/A offers up to 4,000,000 primary shares at a fixed $0.03 for twelve months after effectiveness, with no minimum, no escrow and no underwriter. It states there was no public market and no market maker; the filing does not establish SEC effectiveness, completed sales, OTC quotation or current trading.
Capital destination
Awaiting verificationS-1/A · 2025-11-21
Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.
Check the source · S-1/A ↗Capital destination
Awaiting verificationS-1/A · 2025-11-21
Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.
Check the source · S-1/A ↗BOOKRUNNERS / LEAD UNDERWRITERSBookrunners / lead underwriters
NOT YET DISCLOSEDNames not yet published
Fully diluted valuation bridge
| Status | Reference |
|---|---|
| Awaiting verification | Source ↗ |
Basic-price scenario
A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.
Check the source · S-1/A ↗Holder data awaits verification
The sole officer/director owns all existing shares and retains 52.9% at full subscription, preserving effective control. · 2025-11-21
The sole officer/director owns all existing shares and retains 52.9% at full subscription, preserving effective control.
One disclosed holder; not a complete ownership distribution.Check the source · S-1/A ↗Conditional lock-up timeline
| Status | Reference |
|---|---|
| Awaiting verification | Source ↗ |
Financial quality and runway
| Status | Reference |
|---|---|
| Awaiting verification | Source ↗ |
Latest filing update
Loading saved filing update…
SEC filing history
Loading filing history…
The auditor and interim note identify substantial doubt about going concern; cash was only $403 against $232,542 liabilities at the latest balance date.
- Potential impact
- Awaiting verification
- Monitor
- Next research checkpoint: verify whether the registration became effective, any shares were actually sold, the $188,538 note was repaid or amended after December 31, 2025, Smarterest launched and acquired customers, and a market maker obtained OTC quotation. None is established by this filing.