Here are the 424B prospectus supplements from Dynamic Aerospace System (BRQL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BRQL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRQL filings page.
Dynamic Aerospace Systems Corporation filed a prospectus supplement under a Form S-1 registration covering up to 52,530,000 shares of common stock and incorporating its Quarterly Report for the period ended June 30, 2026. The company focuses on UAV manufacturing and autonomous logistics through its Dynamic Aerospace Systems and Dynamic Deliveries segments.
For the first six months of 2026, the company generated no revenue and recorded a net loss of $3,230,842, compared with a $1,299,619 net loss a year earlier. Cash was $7,605 and total assets were $13,204,023, while current liabilities were $4,382,167, resulting in a working capital deficit of $4,283,304. Management discloses that these losses, limited liquidity, and dependence on new financing raise substantial doubt about its ability to continue as a going concern.
The company is funding operations primarily through issuances of preferred and common stock, an equity line of credit, and multiple high-discount convertible and promissory notes with embedded derivative conversion features and attached warrants. Intangible assets from prior UAV-related acquisitions totaled $1,791,568 net, and goodwill was $9,796,433, reflecting the asset-heavy, early-stage nature of the business.
Dynamic Aerospace Systems Corporation files a prospectus supplement to its Form S-1 registering up to 52,530,000 shares of common stock and attaches its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. The supplement supersedes inconsistent statements in the Prospectus and updates offerings information.
The attached Form 10-Q shows no revenue for the quarter, a net loss of $1,051,493, cash of $46,463, and a working capital deficit of $3,057,323. Management discloses substantial doubt about the company’s ability to continue as a going concern and describes recent asset acquisitions, multiple convertible financings, an Equity Line of Credit, outstanding derivative liabilities, RSU awards, and warrant positions.