Mingteng International Corp Inc.
Sector: Metal Doors, Sash, Frames, Moldings & TrimIndustry: Manufacturing - Metal FabricationCountry: CNExchange: Nasdaq
DilutionScan read 25 of Mingteng International Corp Inc.'s SEC filings and found 5 warrant series, 1 ATM program, 1 shelf registration, 1 S-1 registration and 4 completed offerings on file for MTEN. The latest dilution event on file is a registration statement on Aug 3, 2026. Analysis updated Oct 5, 2026.
Signal8 Summary
MTEN
Micro-cap with extreme governance risks
Snapshot
MTEN is a tiny $2 million micro-cap that manufactures molds for automotive and construction machinery. The business is growing revenue, up 15% to $11.7 million in FY 2025, but remains unprofitable with a $1.8 million net loss. The company burns cash, generating $1.1 million in negative free cash flow, though it holds $1.6 million in cash against $2.9 million in debt.
What's Happening Right Now
- : The company terminated its at-the-market offering program after raising $18 million in net proceeds through share sales.
- : Shareholders approved increasing Class B voting rights from 20 to 200 votes per share, heavily entrenching founder control.
- : MTEN sold $950K in new shares at $0.25 each, with CEO Yingkai Xu buying 40% of the offering.
