GivBux Reports $755K Loss, 24 Defaulted Notes, and Toxic Financing Terms
GBUX has more than doubled off its 52-week low of $0.
Summary
GivBux's Q2 2026 filing reveals critical cash depletion, widespread debt defaults, and toxic convertible financing that is rapidly diluting shareholders.
Key Events · Earnings and Guidance · GBUX
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Going Concern Warning Reiterated
Net loss of $755,170 for H1 2026, accumulated deficit of $34.95M, and working capital deficit of $5.07M. Cash is only $17,976.
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24 Convertible Notes in Default
Unpaid balance of $1,116,299 across 24 notes is in default as of June 30, 2026, up from 19 notes and $913,766 at year-end.
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Massive Post-Quarter Dilution
301,871,164 shares issued in July-August 2026 for note conversions — nearly doubling the 174.15M shares outstanding at June 30.
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Toxic Financing Terms
New $322,000 note includes 25M pre-funded warrants at $0.00000000001 exercise price and conversion at 102% of lowest traded price on default.
Analysis · GBUX · Trade & Services
This 10-Q confirms GivBux is in severe financial distress. The company has just $17,976 in cash against $5.17 million in current liabilities, with 24 convertible notes totaling $1.12 million already in default. The financing terms disclosed are highly dilutive — conversion prices at 25-80% discounts to market, plus a new $322,000 note with 25 million pre-funded warrants exercisable at essentially zero. The going concern warning is reiterated, and the company has already issued 301.9 million shares for note conversions after quarter-end, massively diluting existing holders.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 44.3% of the 601 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GBUX was trading at $0.00 on OTC in the Trade & Services sector, with a market capitalization of approximately $131.5K. The 52-week trading range was $0.00 to $0.64. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.