reportingrisk.com← the monitorSEC reporting failures, scored and checked against what happened next

Or browse all companies A–Z.

HCW Biologics Inc.

HCWB · Nasdaq

1 reporting failure in the last 12 months

Companies at this level ended the following year delisted, bankrupt, restated or silent 9.2% of the time, against 4.0% for companies with a clean record.

$6Mpublic float
2026-08-14most recent failure
2026-08-14declared past accounts unreliable
2024-05-03declared past accounts unreliable

Score over time

012202220232024202520262024-07-01 · score 12024-05-03 accounts unreliable2024-10-01 · score 22024-09-20 auditor change2024-05-03 accounts unreliable2025-01-01 · score 22024-09-20 auditor change2024-05-03 accounts unreliable2025-04-01 · score 22024-09-20 auditor change2024-05-03 accounts unreliable2025-07-01 · score 12024-09-20 auditor change2025-10-01 · score 12025-08-15 filed late (10-Q) · accounts not ready2026-01-01 · score 12025-08-15 filed late (10-Q) · accounts not ready2026-04-01 · score 12025-08-15 filed late (10-Q) · accounts not ready2026-07-01 · score 12025-08-15 filed late (10-Q) · accounts not ready2026-10-01 · score 12026-08-14 accounts unreliable

Hover or tap a dot to see the filings behind that score.

Why they said they were late

The Registrant is unable to file its Form 10-Q for the quarter ended June 30, 2025 within the prescribed time period without unreasonable effort or expense because the Registrant needed additional time to prepare its financial statements for the three months ended June 30, 2025. The Registrant anticipates that it will file its Form 10-Q within the five-day grace period provided by Rule 12b-25 of the Securities Exchange Act of 1934, as amended

NT 10-Q, filed 2025-08-15 · accounts not ready

What it filed

2026-08-14accounts declared unreliable SEC →

2025-08-15filed late (10-Q)accounts not ready SEC →

The Registrant is unable to file its Form 10-Q for the quarter ended June 30, 2025 within the prescribed time period without unreasonable effort or expense because the Registrant needed additional time to prepare its financial statements for the three months ended June 30, 2025. The Registrant anticipates that it will file its Form 10-Q within the five-day grace period provided by Rule 12b-25 of the Securities Exchange Act of 1934, as amended

2024-09-20auditor changed or resigned SEC →

2024-05-03accounts declared unreliable SEC →

About this score

reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.

Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.

See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.

Every item above is a filing this company made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not investment advice

reportingrisk.com← back to the monitorAll companies A-Z · RSS · found an error? hello@reportingrisk.com