Fingermotion Inc SEC Filings

FingerMotion, Inc. entered a Sales Agreement with R.F. Lafferty & Co., Inc. to conduct an at-the-market equity program under which the company may, from time to time, sell common stock with an aggregate offering price of up to $50,000,000.

The sales agent will receive a 2.5% commission on the gross sales price of shares sold, and the company agreed to reimburse up to $40,000 of documented expenses. Either party may terminate the agreement on 10 days’ notice. The company is not obligated to sell any shares. Any shares offered will be issued under the company’s effective Form S-3 (File No. 333-274456) and a prospectus supplement dated October 23, 2025.

FingerMotion, Inc. launched an at-the-market offering of up to $50,000,000 in common stock under a sales agreement with R.F. Lafferty & Co., Inc. Shares may be sold from time to time on Nasdaq or by other permitted methods pursuant to this prospectus supplement and the accompanying base prospectus.

R.F. Lafferty will act on a commercially reasonable efforts basis and receive a 2.5% placement fee on the gross sales price per share. There is no escrow arrangement. Use of proceeds, if any, will be for general corporate and working capital purposes.

FingerMotion’s common stock trades on Nasdaq as FNGR; the last reported sale price was $1.54 per share on October 21, 2025. Shares outstanding were 60,975,929 as of October 23, 2025. For illustration, the company shows 93,443,461 shares outstanding if 32,467,532 shares are sold at $1.54 under the program; actual issuance will vary with price and volume. The prospectus highlights potential market volatility, dilution to new investors, and management’s broad discretion over proceeds.

FingerMotion (FNGR) filed an 8-K announcing Q2 fiscal 2026 results for the period ended August 31, 2025. Management highlighted operational progress, noting a 23% reduction in expenses and a 9% narrowing of net loss, reflecting cost discipline and movement toward breakeven.

The Telecommunications Products & Services segment remained the core growth driver in China. The DaGe Platform posted higher revenue, tied to its collaboration with Qingling Motors Co. Ltd. on intelligent vehicle solutions and additional C2 platform investment. The Command and Communication segment experienced a temporary revenue adjustment due to resource optimization, while the Big Data segment began generating revenue as the company pivots toward analytics-driven monetization. Management cited a strong balance sheet, working capital surplus, and solid stockholders’ equity supporting strategic initiatives.

FingerMotion (FNGR) filed its quarterly report, showing modest revenue growth but continued losses and tight liquidity. Revenue reached $17,106,254 for the six months ended August 31, 2025, up slightly from $16,832,746 a year earlier. Gross profit fell to $191,261, and the net loss widened to $3,572,285. For the quarter, revenue was $8,647,511 with a net loss of $1,549,524.

Cash and cash equivalents were $221,836 as of August 31, 2025, down from $1,128,135 at February 28, 2025. Operating cash outflow was $3,086,249, partly offset by $2,205,493 from financing activities, including warrant exercises and equity issuances. Accounts receivable were $37,778,762 and accounts payable were $28,399,705.

The company disclosed a going concern uncertainty, citing accumulated deficit and ongoing losses. Revenue concentration remained high: one customer represented about 79% of six‑month revenue and 41% of accounts receivable. Subsequent to quarter end, FingerMotion issued 1,500,000 shares at a deemed $1.57 to acquire intellectual property underpinning its DaGe platform. Shares outstanding were 59,408,429 as of August 31, 2025; 60,908,429 as of October 7, 2025.

FingerMotion, Inc. reported a material event by filing a Form 8-K that attaches an Asset Purchase Agreement dated September 30, 2025 among Shanghai Jihaohe Information Technology Co., Ltd., FingerMotion, Inc., and Shanghai JiuGe Business Management Co., Ltd.. The filing lists the agreement as an exhibit under Item 9.01 and includes an interactive XBRL cover page.

The document is signed on the filing by Martin J. Shen, CEO and Director, dated October 6, 2025. The 8-K discloses the existence and parties to the transaction but does not include transaction economics or operational details within the included excerpt.

Lee Yew Hon, Chief Financial Officer and director of FingerMotion, Inc. (FNGR), reported two open-market sales on 09/09/2025. The filings show a sale of 3,000 shares at $1.75 and a sale of 6,000 shares at $1.80. After the transactions the reporting person beneficially owned 469,000 shares (the filing lists 475,000 shares following the first reported sale and 469,000 following the second). The Form 4 is signed and dated 09/11/2025 and identifies the transactions as non-derivative common stock dispositions.

FingerMotion, Inc. (FNGR) filed a Form 144 reporting a proposed sale of 100,000 shares of common stock through Futu Securities International (Hong Kong) Limited, with an aggregate market value of $152,000. The shares represent part of an acquisition of 250,000 shares bought on 01/21/2019 from Fingermotion, Inc. for cash. The filing lists 57,581,186 shares outstanding and an approximate sale date of 09/17/2025 on Nasdaq. The filer reports no securities sold in the past three months and includes the standard representation about material nonpublic information.

Form 144 filed for FingerMotion, Inc. (FNGR) reports a planned sale of 150,000 common shares through Tiger Brokers (Singapore) on or about 08 Aug 2025. At the filing date the shares carry an aggregate market value of US $235,000, representing roughly 0.25 % of the 59.4 million shares outstanding. The securities were originally acquired on 11 Dec 2020 via purchase and services rendered.

The same seller, Lee Yew Hon, has already disposed of 16,542 shares between 23–25 Jul 2025 for total gross proceeds of US $28,561.40, indicating an ongoing liquidation program. No relationship to the issuer is specified in the filing, and the signatory affirms no undisclosed material adverse information.

Form 144 is only a notice; actual sales may vary by market conditions or Rule 144 limits. Nevertheless, investors often view planned insider or affiliate sales as a potential overhang, especially when coupled with recent selling activity.