Vertical Data Inc.

Vertical Data Inc. announced the closing of a private placement of approximately $4.24 million in common stock at $3.00 per share. The company plans to use the net proceeds for general corporate purposes, working capital, and to support a potential uplisting to a national securities exchange. B. Riley Securities served as the sole placement agent and received shares as compensation. Insiders, including the CEO, purchased a significant portion of the offering, and the placement agent also participated.

Vertical Data Inc. reported its Q3 2026 financial results, showing revenue of $247,212, a significant increase from zero in the prior year period, but net loss widened to $(1.24) million. The company experienced a substantial increase in cash and cash equivalents to $5.61 million and generated $4.65 million in net cash from operating activities for the nine-month period. A notable $9.03 million contract liability was recorded from customer prepayments for future sales, and the company also completed a subsequent stock sale raising $2.31 million.

Vertical Data Inc. announced the closing of a private placement, raising approximately $4.12 million through the sale of 1,373,152 shares of common stock at $3.00 per share. The non-brokered offering, which did not include warrants or convertible securities, was made to accredited investors and non-U.S. persons. The company intends to utilize the net proceeds for general corporate purposes and working capital, and plans to file a resale registration statement within 90 days.

Vertical Data Inc. announced the appointment of Simon & Edward LLP (S&E) as its new independent registered public accounting firm, effective June 24, 2026. This change follows S&E's acquisition of the attest business of the previous auditor, BCRG Group. The company confirmed there were no disagreements or reportable events with BCRG, and their past audit reports were unqualified. This 8-K/A filing specifically amends the original 8-K to correct a minor scrivener's error in the company's name on the signature page.

Vertical Data Inc. announced a change in its independent registered public accounting firm. This change occurred because Simon & Edward LLP (S&E) acquired the attest business of BCRG Group (BCRG), the company's previous auditor. Consequently, Vertical Data's Audit Committee dismissed BCRG and appointed S&E to provide audit services. The company confirmed there were no disagreements or adverse opinions with BCRG's past audit reports.

Vertical Data Inc. announced the launch of Vertical Edge, an edge data center platform that will hold direct equity ownership in data center assets across North America. This launch completes the company's three-platform model, integrating owned data center infrastructure with its existing GPU provisioning (VerticalData.io) and GPU financing (GPUfinancing.com) businesses. The integrated approach aims to deliver GPU hardware, financing, and physical facilities under one company, positioning Vertical Data to capture asset value across the full infrastructure stack and create a durable competitive advantage in the AI infrastructure market.

Vertical Data Inc. reported a significant corporate action with the cancellation of over 31.7 million common shares in October 2025. The company's financial position strengthened considerably, with cash and total assets increasing substantially due to an $11.2 million customer prepayment. While revenue for the three months ended March 31, 2026, saw a significant increase, the six-month revenue decreased due to delayed transactions and extended customer procurement cycles, though net losses improved for both periods.