Allied Energy (AGGI) amends 10-K, clarifies non-shell status and adds certifications
Rhea-AI Filing Summary
Allied Energy, Inc. filed an amendment to its annual report for the year ended December 31, 2025 to correct the cover-page disclosure of its status, clarifying that the company is not a shell company under Rule 12b-2.
The amendment also adds updated certifications from the Chief Executive Officer and Chief Financial Officer required under Sections 302 and 906 of the Sarbanes-Oxley Act. As of June 30, 2025, the aggregate market value of non-affiliate common equity was $267,279,445.60, based on a share price of $0.0164. The company had 20,194,429,021 common shares outstanding as of April 15, 2026.
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Key Figures
Non-affiliate equity market value: $267,279,445.60
Share price: $0.0164
Shares outstanding: 20,194,429,021 shares
3 metrics
Non-affiliate equity market value
$267,279,445.60
Aggregate market value as of June 30, 2025
Share price
$0.0164
Last reported trade on June 30, 2025
Shares outstanding
20,194,429,021 shares
Common stock outstanding on April 15, 2026
Key Terms
shell company, Rule 12b-2, Section 302 of the Sarbanes-Oxley Act of 2002, Section 906 of the Sarbanes-Oxley Act of 2002, +1 more
5 terms
shell company regulatory
"correct an inadvertent error in the cover page disclosures related to shell company status"
A shell company is a legal entity that exists on paper but has little or no active business operations or significant assets—think of it like an empty storefront or a mailbox with a business name. Investors should care because shells can be used for legitimate purposes like simplifying a merger, but they also carry higher risks: unclear value, limited revenue or disclosure, potential for fraud, and sudden price swings when a real business is introduced or hidden liabilities surface.
Rule 12b-2 regulatory
"the Company is not a shell company as defined in Rule 12b-2 of the Act"
Section 302 of the Sarbanes-Oxley Act of 2002 regulatory
"new certifications ... as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002"
Section 906 of the Sarbanes-Oxley Act of 2002 regulatory
"Certification ... pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002"
Inline XBRL technical
"Inline XBRL Instance Document. The instance document does not appear in the Interactive Data File"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Allied Energy, Inc. (AGGI) change in its amended 10-K?
Allied Energy, Inc. filed Amendment No. 1 to its annual report to correct an error on the cover page about its shell company status. The company clarified it is not a shell company and added updated executive certifications required under the Sarbanes-Oxley Act.
Why does Allied Energy, Inc. (AGGI) say it is not a shell company?
The amendment states the company is not a shell company as defined in Rule 12b-2 of the Exchange Act. This corrects an inadvertent error in the original cover-page disclosure and aligns the filing with the company’s actual operational status.
Does the Allied Energy, Inc. (AGGI) 10-K amendment change its financial statements?
The amendment does not change any financial statements or other disclosures from the original annual report. It only updates the cover page shell status, provides an explanatory note, includes new executive certifications, and leaves all original financial data unchanged.
What executive certifications were added in Allied Energy, Inc. (AGGI) Amendment No. 1?
The amendment adds updated certifications from the Chief Executive Officer and Chief Financial Officer under Sections 302 and 906 of the Sarbanes-Oxley Act. These certifications relate to disclosure controls and the accuracy of the report’s contents as of the amendment date.
What was Allied Energy, Inc. (AGGI) market value of non-affiliate equity?
As of June 30, 2025, the aggregate market value of voting and non-voting common equity held by non-affiliates was $267,279,445.60. This figure is based on a last reported trading price of $0.0164 per share on that date.