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Report Archive, Page 7
12 of 188 reportsMorpheus Research: Figure Technology’s SEC Filings Say Blockchain Plays No Role in Loan Origination, Directly Contradicting What Executives Tell Investors
Figure's own filings state its loan origination system "does not rely on blockchain technology" and uses "traditional documentary processes" — yet executives publicly claim every loan originates end-to-end on blockcha...
Grizzly Research: Sinch AB’s $1.1B Inteliquent Acquisition Made It One of the Largest Robocall Facilitators in the U.S., With Billions in Fraudulent Calls and Zero Investor Disclosure
A multistate AG task force cited 9,712 traceback notices and alleged Inteliquent transmitted "billions of fraudulent robocalls" — yet Sinch has disclosed none of this to investors, despite North America now accounting...
Merck’s $5.7B Terns Bet Rests on 38 Patients: Does TERN-701 Justify the Price Over Asciminib?
Two Natural Capital argues Merck's bid isn't obviously cheap -- the merger process showed two bidders wouldn't top Terns' market price and a third walked away after seeing updated trial data showing lower MMR rates th...
Sidus Space Lost $8.72 for Every Dollar Earned in 2025 — and Its CEO’s Private Firm Was Its Biggest Customer
Fugazi Research says SIDU's FY2025 10-K reveals a $29.5M net loss on $3.4M revenue, a written-off satellite, ineffective internal controls, and CEO Carol Craig's private firm at 86% of receivables
Hunterbrook Alleges Meta Used Shell LLCs and NDAs to Hide $1B Ohio Data Center Projects From Residents and Officials
A shell company proposing a major Ohio data center listed Meta's HQ address and a senior Facebook legal executive as manager -- while city officials were gagged by an NDA and fast-tracked approvals before residents kn...
Fugazi Research: Energous Tripled Its Share Count in 83 Days While a Promoter With a 2017 SEC Fraud Bar Was Pushing the Stock to Retail Investors
Fugazi documents a 150% float expansion in 83 days via ATM offerings averaging $9.67 per share, timed to high-volume trading days coinciding with paid PR and promotion by a commentator barred by the SEC in 2017 for a ...
Lennar’s Land-Light Strategy May Be Hiding $2B+ in Annual Option Fees and Inflating Earnings
Hunterbrook alleges a $2.2B gap in Lennar's deposit line suggests option fees are being capitalized rather than expensed, masking the true cost of a land-light strategy that has missed earnings expectations for 10 str...
“Infinite Demand” and a $30 Price Target: Why White Diamond Is Bullish on Unusual Machines After a 25% Post-Offering Selloff
White Diamond interviewed CEO Dr. Allan Evans after UMAC fell 25% post-offering and came away bullish — Evans says the company is supply-constrained, 80-90% military-exposed, and experiencing demand he calls "infinite...
Muddy Waters Says SoFi Booked a $312M JPMorgan Loan as a Sale — and a ~$1B EBITDA Restatement May Follow
A Utah UCC filing names JPMorgan as "senior lender" and SoFi Bank as "Debtor" on the same transaction SoFi's CFO publicly called a loan sale — Muddy Waters argues the gap between those two descriptions points to impro...
Spruce Point Targets Bunge (BG), Alleging Debt-Fueled Growth, Weak Cash Flow and Accounting Risks, With 55%–80% Downside Seen
Spruce Point calls for an independent accounting investigation into Bunge Global SA, alleging the S&P 500 agribusiness giant has posted a -$1.6B cumulative cash flow deficit since 1999 while funding $8.6B in sharehold...
$WATT: A Decade of Promises, A Business Funded by Dilution
Fugazi Research says Energous (WATT) is funded by dilution, with serial equity raises, heavy losses, and looming dilution overhang
$RIME: Where Slumdog Trucking Becomes AI Hype and Runs Over Investors
RIME Algorhythm Holdings short report: karaoke rebrand to AI logistics, death spiral financing by Streeterville Capital, unverified Indian trucking SemiCab subsidiary, 100% shareholder dilution, catastrophic $13.1M lo...