Welcome to our dedicated page for Waton Financial SEC filings (Ticker: WTF), 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Waton Financial's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Waton Financial's regulatory disclosures and financial reporting.
Waton Financial Limited files a post-effective amendment to register up to 5,359,719 Ordinary Shares for a best-efforts, self-underwritten offering.
The prospectus assumes an illustrative public offering price of $5.03 per share and states net proceeds (assuming full subscription) of approximately $26.60 million to be used for research and development, expansion of brokerage and asset management, sales and promotion, and working capital. Financial highlights show $6.10 million revenue for the six months ended September 30, 2025 and a net loss of $8.37 million for that period. The filing reiterates material risks tied to PRC/Hong Kong regulation, reliance on large customers historically, related-party supplier concentration, controlled‑company status, and potential HFCAA/PCAOB inspection risks.
Waton Financial Limited reported rapid growth but wider losses for the first half of fiscal 2026. Revenue for the six months ended September 30, 2025 rose 106.3% to $6.10 million from $2.96 million a year earlier, mainly from higher brokerage and commission income.
Costs grew much faster than revenue. Total operating costs and expenses increased to $13.81 million from $3.88 million, driven largely by $6.10 million of share-based compensation and higher staff costs, pushing operating loss to $7.71 million versus $0.92 million.
Net loss expanded significantly. Net loss was $8.37 million compared with $1.15 million, while adjusted net loss excluding share-based compensation was $2.26 million versus $1.15 million. Cash and cash equivalents plus segregated cash increased to $29.88 million as of September 30, 2025, from $13.90 million as of March 31, 2025.
Waton Financial Limited filed a Form F-1 to conduct a best‑efforts primary offering of up to 5,359,719 Ordinary Shares. The assumed price is $5.68 per share, equal to the November 13, 2025 Nasdaq close for “WTF.” There is no minimum offering amount, so the company may close with fewer shares sold.
Assuming all shares are sold at the assumed price, net proceeds are estimated at $27.94 million after commissions and expenses. The company plans to allocate roughly 30% to research and development, 30% to expanding brokerage and asset management, 20% to sales and promotion, and 20% to working capital and general corporate purposes.
Ordinary shares outstanding would be 53,597,191 after the offering, versus 48,237,472 before, if fully sold. The filing highlights risks including the recent loss of a major related‑party customer (WGI), reliance on a related‑party technology supplier, volatility in the share price, and dilution; at the assumed price, immediate dilution to new investors is estimated at $4.60 per share.
Waton Financial Ltd Schedule 13G discloses that Mr. Kai Zhou and affiliated entities collectively beneficially own 40,980,000 ordinary shares, representing 85.0% of the class. The shares are held through Waton Corporation Limited, Triumph Team Assets Limited, Waton ESOP Holdings Ltd and WTF Holding Group Limited, with Mr. Zhou described as sole director of Waton Corporation and 100% owner of the intermediate entities. The filing reports no sole voting or dispositive power and 40,980,000 shares of shared voting and dispositive power. The percentage is calculated using 48,237,472 shares outstanding per the companys 2025 Form 20-F, as cited in the filing.
Waton Financial Limited filed a Form 6-K reporting that it is conducting non-deal roadshow investor presentations and that the presentation slides are furnished as Exhibit 99.1. The report indicates the company files annual reports on Form 20-F and identifies the attached exhibit as the substantive disclosure in this submission.
The filing does not include financial results, earnings data, major transactions, or other quantitative metrics; it conveys investor outreach material rather than operational or financial changes. The report is signed on the company’s behalf by Wen Huaxin, Chief Financial Officer.