Welcome to our dedicated page for United States Basketball League SEC filings (Ticker: SPEV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page aggregates regulatory disclosure information for Shorepower Technologies (SPEV), a transportation electrification company focused on plug-in stations for electric vehicles, trucks and refrigerated trailers. While no specific SEC filings are listed in the available data, this section of Stock Titan is designed to surface the company’s formal reports and ownership disclosures as they appear in public records.
Key filing types for Shorepower Technologies would typically include annual reports on Form 10-K and quarterly reports on Form 10-Q, where a company describes its business, risk factors and financial condition. For a business centered on electrified parking spaces, truck stop electrification and EV charging, these reports can provide detail on network assets, project commitments, grant-related activities and capital needs.
Current reports on Form 8-K, when available, can document material events such as asset acquisitions, significant grant awards or major contract wins related to new charging locations and connection points. Proxy statements on Schedule 14A may describe governance matters and board composition, which Shorepower has referenced as an area of focus as it formalizes its board of directors.
Form 4 and related insider trading filings, when present, can show transactions by directors, officers and significant shareholders in SPEV stock. Stock Titan’s platform is built to pair these filings with AI-powered summaries that explain the main points of each document in clear language. As new Shorepower Technologies filings are posted to regulatory systems, this page aims to provide timely access, organized by form type, with concise explanations to help readers understand the implications for the company’s transportation electrification business.
Shorepower Technologies Inc. (SPEV) reported 2025 revenue of $203,655, up from $65,121 in 2024, a 212.7% increase driven by higher product and service sales. Gross margin improved to $120,054 from a prior loss of $12,705, reflecting better pricing and mix.
The company still posted a net loss of $337,094 versus $450,318 in 2024, but cash used in operations narrowed sharply. At December 31, 2025, cash was $15,374, total assets were $54,557, liabilities were $2,053,443, and stockholders’ deficit was $1,998,886, leading the auditor to raise substantial doubt about its ability to continue as a going concern.
Management is relying on grants and equity to fund growth and has secured or is contracting for approximately $1,000,000 in grants toward projects totaling over $1,500,000. After year-end, Shorepower signed a merger agreement with Aeternum Health LLC under which it would divest its transportation electrification operations, shift into longevity-focused healthcare, issue shares giving Aeternum’s owner 51% of common equity plus 2,000,000 Series B preferred shares, and receive at least $1.5 million in cash and healthcare assets, subject to customary closing conditions.
Shorepower Technologies, Inc. notified shareholders that stockholders holding approximately 55% of the voting power approved by written consent on February 16, 2026 two proposals: (1) amend the Certificate of Incorporation to change the company name to Aeternum Health, Inc.; and (2) increase authorized common shares from 100,000,000 to 250,000,000. The Information Statement was mailed to holders of record as of February 27, 2026. The amendments become effective at the later of April 3, 2026 or announcement of the new name and symbol in FINRA’s Daily List. The filing shows 51,290,204 shares of Common Stock outstanding and 2,000,000 shares of Series B Preferred Stock (voting 40:1), with Jeff Kim holding the Series B shares and 26,589,758 Common shares, giving him control of ~83% of Voting Stock.
Shorepower Technologies, Inc. notified stockholders that holders of approximately 52% of the voting power approved by written consent an amendment to change the company name to Aeternum Health, Inc. and to increase authorized common shares to 250,000,000.
The Information Statement states 59,290,204 shares of Common Stock and 2,000,000 shares of Series B Preferred Stock are outstanding as of the record date, with each Series B share voting as 40 shares of Common Stock. The amendment becomes effective on the later of a March date at least 20 days after mailing or the FINRA Daily List announcement.
Shorepower Technologies has agreed to merge with Aeternum Health LLC, with Aeternum merging into Shorepower and Shorepower surviving. At closing, Paul Mann will receive Shorepower common shares equal to 51% of the company and 2,000,000 Series B preferred shares, each carrying the voting power of 40 common shares, giving him control. Jeff Kim will resign as officer and sole director, appoint Mann as President, CEO and sole director, and ultimately cancel 13,000,000 of his Shorepower common shares in stages linked to additional healthcare mergers. The company will spin out its transportation electrification assets, change its name to Aeternum Health Inc., seek a new trading symbol, and increase authorized common shares from 100 million to 250 million. Aeternum will contribute at least $1.5 million in cash plus know-how, data, related IP and a business focused on a novel peptide mix for longevity and anti-aging, subject to customary closing conditions including delivery of audited financial statements.
Shorepower Technologies (SPEV) filed its Q3 2025 10‑Q, showing nine‑month revenue of $180,124, up 241% from $52,779 a year ago, mainly from new government contracts. Gross margin for the period was $111,093, and the net loss narrowed to $237,824 from $311,005. For Q3 alone, revenue was $8,345 and the net loss was $137,860.
Liquidity remains tight: cash was $53,881 as of September 30, 2025, with negative working capital of $980,937 and a stockholders’ deficit of $1,899,616. The company disclosed “substantial doubt” about its ability to continue as a going concern. Related‑party notes and accrued interest totaled significant balances, and disclosure controls were deemed not effective as of September 30, 2025. All 11,000,000 outstanding warrants expired during 2025. As of November 10, 2025, 49,190,204 common shares were outstanding.
Shorepower Technologies, Inc. (SPEV) amended its 10-K to disclose its financial condition and corporate changes. The company reports 48,478,678 shares outstanding and a stockholders' deficit with a reported deficit balance and accumulated losses that raise substantial doubt about its ability to continue as a going concern. Cash generation is minimal and revenue is described as limited.
Material items include related-party debt and accrued compensation to management (multiple notes with balances and accrued interest), a $660,000 pre‑merger financing comprised of units (one share plus one warrant) with warrants exercisable at $0.25, 2,000,000 Series B preferred shares and 26,089,758 common shares issued to Jeff Kim, and operating assets of Shorepower including 60 TSE facilities with ~1,800 electrified parking spaces.