Sativus Tech Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $431.7K
- Price
- $0.1024
- % Change (Daily % change from the live per-ticker quote feed.)
- -31.28%
- Volume
- 7.0K
About
Sativus Tech Corp., an agricultural technology enterprise, specializes in the investigation, creation, and commercialization of various products for the farming sector. The company manufactures and distributes automated systems that allow consumers to cultivate their own herbs and vegetables. Moreover, it supplies specialized automated containers tailored for growing saffron. Established in 2015, the firm was previously recognized as Seedo Corp. until it adopted the name Sativus Tech Corp. in December 2021. Its operations are based out of Bethesda, Maryland.
Quick stats
Shares outstanding4.2M
Computed float3.7M
Float / shares87.7%
Key info
SectorTechnology
IndustryHardware, Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001661600
Websitehttps://sativus-tech.com
AI Summary
AI-generated1/2
majorbearishperiodic report
SATT: 10-Q — periodic report
Sativus Tech Corp.'s 10-Q for the quarter ended June 30, 2026 raises substantial doubt about the company's ability to continue as a going concern. The company held just $85 thousand in cash against $3.9 million in current liabilities, with a $24.7 million accumulated deficit, a $3.6 million shareholders' deficit, and a $3.8 million working capital deficit.
The pre-revenue agtech company narrowed its first-half net loss to $294 thousand from $520 thousand a year earlier, cutting R&D spend to $172 thousand from $328 thousand. Its business is developing automated saffron-growing systems through 54%-owned Israeli subsidiary Saffron Tech, which is still working toward a proof-of-concept rollout.
Management concluded that the company's disclosure controls and procedures were not effective as of June 30, 2026. Separately, on July 31, 2026 the company entered into a forbearance and extension agreement with YAII PN Ltd. covering its outstanding convertible debentures, extending the forbearance period only through March 31, 2027.
To fund operations the company plans to rely on existing cash, reduced spending, and future equity and debt issuances. Its legacy convertible loans carry conversion features priced at 80% of the lowest VWAP, creating substantial dilution risk, and the shares used in valuation inputs fell to $0.07 from $0.14 over the six-month period.
Red flags
- Going-concern language: substantial doubt about ability to continue; company dependent on securing additional financing
- Disclosure controls and procedures concluded NOT effective as of June 30, 2026 (control deficiency)
- Forbearance agreement with YAII PN Ltd. on convertible debentures extended only through March 31, 2027 — signals debt default/distress risk
- Only $85 thousand cash vs $3.89 million current liabilities; negative working capital of $3.79 million
- Shareholders' deficit of $3.6 million and accumulated deficit of $24.7 million with no revenue
- Convertible loans carry 80%-of-lowest-VWAP conversion features — severe dilution risk
- Share price input fell to $0.07 from $0.14 in six months (50% decline per valuation disclosures)
- Securities not registered on a national exchange (Section 12(b) listing shows NA) — limited liquidity
- No cyber liability insurance policy in place
- Pre-commercial: proof of concept for saffron technology still pending rollout