30 June 2026listing compliance notice▼ BadMajor
Sustainable Projects Group Inc. deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
31 Mar 2025late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its annual report would be filed late.
7 Jan 2025auditor change▼ Bad
On January 2, 2025 the company dismissed Centurion ZD CPA & Co., whose PCAOB registration is being withdrawn, and engaged AOGB CPA Limited for the year ended December 31, 2024. Centurion's reports on 2023 and 2022 included going-concern doubt, and the same four internal-control weaknesses were repeated. This is another auditor change, continuing the turnover thread. The filing's engagement sentence names Centurion where AOGB appears intended, an apparent drafting error.
13 Nov 2024quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $933 thousand for the period ended 2024-09-30.
12 Nov 2024capital raising announcement● Neutral
The company sold 2,278,723 shares at $0.35 on September 27, 2024 to accredited investors, for gross proceeds stated as $797,500. This continues the company's small private share sales; it adds shares for existing holders. (Note: 2,278,723 x $0.35 is about $797,553, close to but not exactly the stated figure.)
31 Oct 2024securities registration● Neutral
Sustainable Projects Group Inc. registered a securities offering with the SEC.
14 Aug 2024quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $933 thousand for the period ended 2024-09-30.
15 July 2024securities registration● Neutral
Sustainable Projects Group Inc. amended a filing by which it registered a securities offering with the SEC.
10 June 2024securities registration● Neutral
Sustainable Projects Group Inc. registered a securities offering with the SEC.
10 May 2024quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $577 thousand for the period ended 2024-06-30.
1 Apr 2024late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its annual report would be filed late.
26 Dec 2023capital raising announcement● Neutral
The company reports share sales to accredited investors between March 30 and December 4, 2023: 1,500,000 shares at $0.25 and 4,006,000 at $0.35 on August 18, 2023, and 3,341,000 at $0.35 on December 22, 2023. In total 8,847,000 shares raised gross proceeds of $2,946,450, which adds new shares for existing holders.
What it means for a shareholder
1.5m new shares at US$0.250 to raise about US$375,000. That's 0.51% dilution: every existing holder's slice gets 0.51% smaller. If you held US$1,000 of shares (4,000 at the issue price), your slice goes from 0.00137% to 0.00136% of the company. To keep it you'd need 20 more shares - about US$5 at the issue price.
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11 Dec 2023financial restatement▼ BadMajor
On December 6, 2023 the board concluded the 2022 annual accounts and the March and June 2023 quarterly accounts should no longer be relied on. The restatement covers goodwill impairment on intellectual property and inventory write-downs at its YER Brands subsidiary, and a change in how the Lithium Harvest reverse acquisition is shown, so the statements will reflect the company on a standalone basis. Centurion will re-audit the 2022 annual statements because Margetson is no longer PCAOB-registered. No restated figures are given.
14 Nov 2023late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
24 Oct 2023auditor change▼ Bad
On October 24, 2023 the company dismissed auditor K.R. Margetson, whose PCAOB registration was revoked on September 12, 2023, and engaged Centurion ZD CPA & Co. for 2023. Margetson's reports on 2022 and 2021 included going-concern doubt, and four previously disclosed material weaknesses in internal controls were repeated. This continues the auditor turnover and weak-controls thread.
22 Aug 2023quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported a quarterly net loss of $844 thousand for the period ended 2023-09-30.
15 Aug 2023late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
19 May 2023quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $22 thousand and a net loss of $771 thousand for the period ended 2023-03-31.
15 May 2023late filing notice▼ Bad
Sustainable Projects Group Inc. notified the SEC that its quarterly report would be filed late.
24 Feb 2023director interest notice● Neutral
Paw Juul became a Sustainable Projects Group Inc. Chief Technology Officer and company insider (initial ownership filing).
24 Feb 2023substantial holder notice● Neutral
Albert Hanser disclosed a new substantial Sustainable Projects Group Inc. shareholding (25.00% of votes).
24 Feb 2023substantial holder notice● Neutral
Sune Mathiesen disclosed a new substantial Sustainable Projects Group Inc. shareholding (32.20% of votes).
24 Feb 2023substantial holder notice● Neutral
Aldo Petersen disclosed a new substantial Sustainable Projects Group Inc. shareholding (7.60% of votes).
24 Feb 2023director interest notice● Neutral
Mathiesen Sune became a Sustainable Projects Group Inc. Chairman, President and CEO and company insider (initial ownership filing).
24 Feb 2023substantial holder notice● Neutral
Paw Juul disclosed a new substantial Sustainable Projects Group Inc. shareholding (32.20% of votes).
24 Feb 2023director interest notice● Neutral
Kestrel Flight Fund LLC became a Sustainable Projects Group Inc. 10%+ owner and company insider (initial ownership filing).
15 Feb 2023business combination● NeutralMajor
On February 14, 2023 the company bought all of Lithium Harvest ApS (Denmark) by issuing 206,667,233 new shares to its shareholders. After this, with 287,190,813 shares outstanding, Lithium Harvest holders own about 72%, Kestrel Flight Fund (which held a convertible loan from the company) about 25%, and previous shareholders about 3%, so existing holders are heavily diluted. Control changed: Sune Mathiesen becomes CEO and Chairman, Stefan Muehlbauer steps down as CEO and becomes CFO (agreement through January 31, 2024), and Paw Juul is CTO. The deal is treated as a reverse merger with Lithium Harvest as the accounting acquirer, and the company's shell status changes. This replaces the earlier Cormo and Thunder Bay-era business focus; what happens to those interests is not stated in the available text.
10 Nov 2022quarterly activities report● Neutral
Sustainable Projects Group Inc. reported a quarterly net income of $13 thousand for the period ended 2022-09-30.
11 Aug 2022quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $2 thousand and a net loss of $5 thousand for the period ended 2022-06-30.
13 May 2022quarterly activities report▼ Bad
Sustainable Projects Group Inc. reported quarterly revenue of $2 thousand and a net loss of $5 thousand for the period ended 2022-06-30.