Tradewinds Universal notified the SEC that its Annual Report on Form 10-K for the period ended December 31, 2025 will be filed late. The company says it needs additional time "for compilation and review to insure adequate disclosure" and states the report "will be filed on or before the 15th calendar day following the prescribed due date." The notification is signed by CEO Andrew Read on March 31, 2026.
Tradewinds Universal has filed an S-1 to register the resale of up to 20,000,000 shares of common stock by RH2 Equity Partners under a committed equity facility. The company itself is not selling shares in this prospectus, but may raise up to $10,000,000 by selling stock to RH2 at its discretion under a separate purchase agreement.
As of January 29, 2026, Tradewinds had 43,690,580 common shares outstanding, trading on OTCMarkets under the symbol TRWD at $0.10 per share. The company is an early-stage holding company built around insect-protein nutrition products and a canine pain-relief formula, and has signed a letter of intent to expand into nightlife and hospitality through Peppermint Hippo-branded venues.
The filing highlights limited operating history, recurring net losses, tight liquidity, dependence on CEO Andrew Read, and significant potential dilution from equity financing. Shares are classified as penny stock, which can reduce trading liquidity and make it harder for investors to resell their holdings.
Tradewinds Universal (TRWD) filed its Q3 2025 10‑Q, reporting higher quarterly sales but a larger loss and a going‑concern warning. Q3 sales were $65,450 versus $28,068 a year ago, driven by distribution rights. Q3 net loss widened to $108,199 from $36,547 as consulting and professional fees rose.
For the nine months, sales were $98,422 versus $146,179 last year, reflecting the shift away from UP protein bar product sales and affiliate commissions. Nine‑month net loss was $134,454 compared to $102,249. Cash was $7,161 at September 30, 2025. Total assets increased to $316,556, mainly from $222,700 of intangible assets (including a $200,000 AI application acquired for 173,913 shares). Stockholders’ equity was $312,056.
The company disclosed substantial doubt about its ability to continue as a going concern and noted disclosure controls were not effective as of September 30, 2025. Shares outstanding were 36,610,580 as of November 14, 2025. Management highlighted an August 2025 LOI with Peppermint Hippo to enter nightlife and hospitality, starting with the planned acquisition of Peppermint Hippo Toledo.