House of Doge Inc. (HODO) entered a binding letter of intent with McQueen Labs to acquire assets primarily used in MCQ Markets' token platform and microlending business, subject to due diligence, a definitive agreement and other closing conditions. The Token Platform purchase price is $15 million, with common shares equal to 19.99% of outstanding common stock, preferred shares representing 30.0% of outstanding common stock, and a note for the balance; $5 million depends on milestones by April 30, 2027. Until stockholder approval, common stock issued in the transaction, including Deposit Shares, may not exceed 19.99% of outstanding common stock.
House of Doge (U.S.) Inc., its wholly owned subsidiary, agreed to transfer Such App assets to Dogecoin Labs for Dogecoin Labs common shares valued at $4 million; the transfer has not closed and requires secured-lender consents and other closing conditions. The subsidiary's new DOGECOIN/DOGE license is non-exclusive and limited to specified products; the prior license ended, and it agreed to pay the Foundation $400,000 when sufficient funds are available. Marco Margiotta and Charles Park resigned as CEO and CFO. Curtis (Curt) Hopkins, McQueen Labs' CEO, became interim CEO and CFO and has an indirect interest in the transaction; Director Tim Stebbing resigned to join Dogecoin Labs. HODO expects its annual-meeting proxy to include a reverse-split proposal.
House of Doge Inc. may offer and sell up to $100,000,000 in aggregate under a shelf registration covering common stock, preferred stock, debt securities, warrants, rights and units. Securities may be sold from time to time in one or more offerings through underwriters, dealers or agents, directly to purchasers, or through a combination of methods. Each offering’s prices, terms and use of net proceeds will be described in a prospectus supplement. The common stock’s last reported sale price was $0.18 per share on September 16, 2026.
The company’s merger closed on June 30, 2026. At closing, former HOD common shareholders and vested HOD RSU holders received 70,363,704 of the 75,902,985 common shares then outstanding, approximately 92.7%, plus 2.051823 shares of Series C Convertible Preferred Stock. Common shares outstanding totaled 89,152,985 as of September 15, 2026. The 2025 audit report included an explanatory paragraph about substantial doubt regarding the company’s ability to continue as a going concern.
House of Doge Inc. (HODO) has established a shelf registration to offer and sell up to $100,000,000 of common stock, preferred stock, debt securities, warrants, rights and units from time to time. Specific terms, pricing and use of proceeds for each issuance will be described in future prospectus supplements.
The company focuses on building Dogecoin-related payments, financial products and tokenization infrastructure, supported by subsidiaries in the U.S., Canada and the U.K. Recent actions include a 1‑for‑8 reverse stock split effective June 1, 2026, and completion of a merger on June 30, 2026 in which former Texas House of Doge shareholders received about 92.7% of 75,902,985 outstanding common shares and Series C preferred stock. The name was changed from Brag House Holdings, Inc. to House of Doge Inc., and the ticker to HODO.
Capital structure as of mid‑September 2026 includes 89,152,985 common shares outstanding, up to 275,000,000 authorized shares of capital stock, and 2.051823 Series C Convertible Preferred shares representing roughly 10.3 million common share equivalents before ownership limits. The company discloses prior going‑concern explanatory paragraphs in past audit reports and notes ongoing securities litigation related to the March 2025 IPO, which it states it is defending.
House of Doge Inc. (HODO) reports the closing of its merger in which Texas-based House of Doge Inc. became the accounting acquirer and surviving operating business, with the former HOD stockholders and RSU holders owning about 81% of the common stock and 76% on a fully diluted basis. The deal is accounted for as a reverse recapitalization, so the post-merger financial statements continue those of House of Doge, with Brag House’s net assets added at historical values and no goodwill recorded.
HODO positions itself as the exclusive commercialization partner and “corporate arm” of the Dogecoin Foundation under a license requiring a 5% royalty on net sales and minimum payments of $200,000 per month for five years. For the year ended March 31, 2026, House of Doge generated $5.27 million in revenue (largely from related-party arrangements) and recorded a net loss of $36.9 million, with cash of $2.84 million and a working-capital deficit.
The company’s auditor highlighted substantial doubt about HODO’s ability to continue as a going concern due to recurring losses and the deficit. Separately, Nasdaq notified HODO on September 9, 2026 that its shares failed the $1.00 minimum bid price requirement; HODO has until March 8, 2027 to regain compliance. As of September 11, 2026, HODO had 89.15 million common shares outstanding and 2.051823 Series C preferred shares outstanding, representing about 10.26 million common share equivalents before ownership limits.
House of Doge Inc. (HODO) has a new significant shareholder, Much Wow Ltd., which filed a Schedule 13D reporting beneficial ownership of 7,718,866 shares of common stock, representing about 10.09% of the outstanding shares. Much Wow Ltd. received these shares as merger consideration in a merger completed on June 30, 2026, with no cash or borrowed funds used.
Much Wow Ltd. has sole voting and dispositive power over all 7,718,866 shares and holds them in connection with its activities supporting development, maintenance and support of open-source software and related intellectual property for the Dogecoin ecosystem. It states it may acquire additional HODO securities or dispose of some or all of its holdings over time depending on market, legal, operational and financial factors, but reports no other current plans of the types typically disclosed for control or strategic transactions.
House of Doge Inc. (HODO) reported that Much Wow Ltd. filed an initial ownership statement as a ten percent owner. The filing lists a holding entry for 7,718,866 shares of House of Doge Inc. common stock held with direct ownership, with no associated buy or sell transactions disclosed.
House of Doge Inc. reported net income of $3.98 million and net comprehensive income of $4.02 million for the three months ended June 30, 2026, compared with a net loss a year earlier. Results were driven largely by a $9.82 million fair value gain on investments, while revenue from services was modest at $38,399. Operating cash outflow was $1.58 million.
Total assets rose to $32.46 million, mainly from long-term investments, and stockholders’ equity increased to $8.59 million. However, cash was only $0.66 million against current liabilities of $19.87 million, including $5.09 million of short-term debt and a significant license contract liability, producing a working capital deficit of $16.4 million. Management disclosed that these conditions, together with reliance on additional financing and uncertain monetization of investments, raise substantial doubt about the company’s ability to continue as a going concern, even as it implements plans to improve liquidity.
House of Doge Inc., through wholly owned subsidiary Dogecoin Ventures, Inc., entered into an unsecured subordinated short term note with lender Devlin DeFrancesco on July 28, 2026 for $1,400,000 principal. The note bears 10.714% annual interest, matures on July 27, 2027, and constitutes a direct financial obligation of the company.
Principal is to be repaid in 2,227,300 unrestricted, registered common shares of CleanCore Solutions, Inc. held by the subsidiary, while accrued interest is payable in cash. Any repayment or optional prepayment may occur only after full repayment of the company’s senior convertible promissory note with YA II PN, Ltd., and the note is unsecured with customary events of default.
On July 23, 2026 the board dismissed CBIZ CPAs P.C. as independent registered public accounting firm and engaged Davidson as successor. CBIZ’s audit report for the year ended December 31, 2025 included an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern.
House of Doge Inc. director Mistry Sarosh Dinyar reported beneficial ownership of 266362.0000 shares of Common Stock. Footnote disclosure states these shares were acquired at the closing of a Merger Agreement dated October 12, 2025, which closed on June 30, 2026, and are held indirectly through Avenyr Capital LLC, where he serves as Chief Executive Officer.