SPHL$2.28+0.44%
Springview Holdings Ltd
Sector: General Bldg Contractors - Residential BldgsIndustry: Residential ConstructionCountry: SGExchange: Nasdaq
Mkt Cap:$5.16M
Float & O/S:
Inst Own:
DilutionScan read 18 of SPRINGVIEW HOLDINGS LTD's SEC filings and found 2 S-1 registrations and 1 completed offering on file for SPHL. The latest dilution event on file is a registration statement on Jan 23, 2026. Analysis updated Oct 5, 2026.
Signal8 Summary
13d old
SPHL
Near-term cash crunch, heavy dilution overhang
- Business
- Weak1.2-month runway, FY2025 net loss $1.8M on $6.1M revenue
- Stock risk
- High$5.5M micro-cap, reverse split, shares +327% YoY
Snapshot
Springview is a tiny Singapore construction micro-cap worth $5.5M. FY2025 revenue fell 11.4% to $6.1M with a $1.8M net loss, though the most recent half-year showed revenue up 38.4% and the loss narrowing.
What's Happening Right Now
- : Springview's six-month revenue rose 38.4% to US$3.99 million and its net loss narrowed 38% to US$243,566, but cash fell to S$1.72 million from S$3.81 million as operating cash outflow widened, and management flagged that further financing could dilute shareholders.
- : Springview filed a corrected 6-K confirming independent director Hung Yu Wu resigned from the board in March 2026 and was replaced by Chin Leng Tan, who now chairs the nominating and governance committee.
- : Registered 2.69M shares for sale on Form S-1.
- : Priced a private placement (PIPE) for $1.50M in gross proceeds (closing not yet reported in the filings reviewed).
- : Registered 225K shares for sale on Form S-1.
