TOPP$0.1137+3.27%
Toppoint Holdings Inc.
Sector: Trucking & Courier Services (No Air)Industry: TruckingCountry: USExchange: NYSE
Mkt Cap:$2.81M
Float & O/S:
Inst Own:
DilutionScan read 28 of Toppoint Holdings Inc.'s SEC filings and found 1 warrant series, 1 shelf registration, 1 S-1 registration and 1 completed offering on file for TOPP. The latest dilution event on file is a registration statement on Jul 13, 2026. Analysis updated Oct 13, 2026.
Signal8 Summary
8d old
TOPP
Losses near half of revenue, reverse split authorized
- Business
- WeakFY25 net loss $7.3M on $16.5M revenue, op margin -44.6%
- Stock risk
- High$3M micro-cap, beta 6.27, split authorized to 1-for-900, shares +19.5%
Snapshot
Toppoint is a tiny trucking company hauling recycling exports, and FY 2025 was rough: revenue grew a modest 3.2% to $16.5M, but the company lost $7.3 million, close to half of revenue, a classic distress signal.
What's Happening Right Now
- : On Oct 7, 2026, Toppoint issued a statement at NYSE American's request addressing unusual trading in its shares on Oct 6-7, saying its internal review found no undisclosed corporate developments explaining the activity.
- : Toppoint completed its reincorporation from Nevada to Delaware effective Sept 26, 2026, converting shares 1:1 and raising authorized capital shares to 1.05 billion, with quorum requirements lowered.
- : At the Sept 8, 2026 annual meeting, stockholders authorized the board to effect a reverse stock split at any ratio from 1-for-2 up to 1-for-900 at its discretion through Aug 24, 2029, with no ratio set yet; the proxy had cited the stock trading below NYSE American's $1.00 listing standard and stated the company will need additional capital.
- : Toppoint postponed its 2026 Annual Meeting of Stockholders from Aug 24 to Sept 8, 2026, to give stockholders more time to review proxy materials, with the record date and proposals unchanged.
- : Toppoint reported Q2 2026 revenue of $4.6 million, up 17% year-over-year, gross margin returning to 8% from a prior-year loss, and the net loss narrowing 80% to $306,711, with $4.7 million in cash after a $4.15 million June private placement.
- : Registered $300.00M of securities for sale on Form S-3.
- : Raised $4.15M in gross proceeds through a private placement (PIPE).
- : Issued warrants over 125K shares.
