Get notified when MRLN files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Red Flags Detected

  • Material Weakness (new) — The company's internal controls over financial reporting were not effective as of June 30, 2026 due to material weaknesses.
  • Dependence On Aircraft Manufacturers For Proprietary Data (new) — The company relies on aircraft manufacturers for proprietary technical data, and access may be limited, delayed, or withdrawn.
  • Series A Preferred Stock Cumulative Dividends and Liquidation Preference (new) — The Series A Preferred Stock has cumulative dividends and a liquidation preference that could significantly dilute or subordinate common stockholders.
NASDAQ: MRLN Merlin, Inc. 424B3

Merlin, Inc. files 424B3 prospectus; net proceeds of $0.1M, GAAP net loss of $0.1M

Filed August 20, 2026 · ~1 min read

Key Changes

  • high

    The company reports a GAAP net loss of $0.1M, which flows to EPS and book value.

    AUTHORITATIVE COMPUTED FIGURES view on EDGAR →
  • high

    Net proceeds to the company are $0.1M, after underwriting discounts and expenses.

    AUTHORITATIVE COMPUTED FIGURES view on EDGAR →
  • high

    The filing discloses material weaknesses in internal control over financial reporting as of June 30, 2026.

    Controls and Procedures verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (MU 10-K) is open in full — no account needed.

Partner

Trade MRLN commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?

Figures/quotes linked to EDGAR · Narrative written by AI · Aug 31, 2026 · How we verify