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Ridgetech Inc.

corporate_fare Company Profile

Ridgetech Inc.

RDGT·NASDAQ·Trade & Services·CIK 0001856084

Ridgetech Inc. is a holding company incorporated in the Cayman Islands that conducts substantially all of its business operations in China. The company focuses on the wholesale business of pharmaceutical products in China, operating both online and offline. Ridgetech Inc. engages in the offline wholesale distribution of pharmaceutical products primarily to local buyers, and also conducts online sales through both its self-operated and third-party platforms to customers nationwide. Since acquiring Jiuxin Medicine in August 2011, the company has distributed third-party products primarily to drug distributors throughout China, including prescription drugs, OTC drugs, nutritional supplements, TCM products, sundry products, and medical devices. During the fiscal year ended March 31, 2025, Ridgetech Inc. expanded its wholesale distribution business by acquiring Ridgeline and its subsidiary, Allright. Allright is an online and offline wholesale distributor of pharmaceutical and other healthcare products such as health foods, cosmetics, and daily necessities in China. Allright sells on popular online distribution platforms nationwide, providing various medical products to retail pharmacies, clinics, and other vendors across the country. Allright also operates its own online distribution platform, which offers services like medication guidance, sales management, and customer health solutions, utilizing digital tools. Its operations are supported by modern logistics systems, including automated and intelligent warehousing, with a focus on quality management and traceability. Allright has a professional sales team and a sales network covering Zhejiang Province. Ridgetech Inc.'s wholesale customers include retail pharmacies, clinics, and third-party trading companies that purchase products for resale to pharmacies throughout China.

Ridgetech Inc. (NASDAQ:RDGT) is a publicly traded company in the Trade & Services sector. Wiseek monitors RDGT SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Ridgetech Seeks Shareholder Approval for Reverse Split and 360B Share Authorization to Avoid Nasdaq Delisting
  • Ridgetech 20-F: 10% Revenue Growth Overshadowed by Net Loss, Control Weaknesses, and Nasdaq Delisting Threat
  • Ridgetech FY2026: Revenue Climbs 10% to $132M, but Bottom Line Swings to a Loss
  • Ridgetech Files Prospectus for $184.7M ATM, Potential 40x Share Dilution
  • Ridgetech Launches $184.7M ATM Program Days After Terminating $200M Facility

Financial Snapshot

Fiscal year ended March 31, 2026
Revenue
132.16M
Net Income
-1.25M
Diluted EPS
-17.21
Op. Cash Flow
-1.39M
Free Cash Flow
-1.39M
Gross Profit
4.75M
Operating Income
-1.87M
Cash & Equivalents
17.91M
Debt / Equity
0.00×
Net Margin
-0.9%
Shares Outstanding
887.27K sh
Source: 20-F · filed 2026-07-31 · accession 0001213900-26-083638

Dilution Risk

Low risk

Filing-implied dilution signals for RDGT, detected from its recent SEC filings · based on capital-structure filings through 2026-07-29.

1 recent capital raiseATM program

New $184.7M ATM Program Launched · Massive Potential Dilution

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

RDGT files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$0.81 -0.00% today
52-week range · as of 2026-08-05 $0.67 – $760.49
Market cap
$2.94M
Volume
172.6K (0.0× avg)
3-mo avg 3.9M
Live data · 2026-08-19 20:51 UTC · After hours

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feed RDGT - Latest Insights

RDGT
Aug 05, 2026, 5:00 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.682
Real-time Price: $0.810 info
Change: +$0.128 (+19%) info
Market Cap: $2.945M info
RDGT
Jul 31, 2026, 8:34 AM EDT
Filing Type: 20-F
Importance Score:
8
Price at Filing: $0.8399
Real-time Price: $0.810 info
Change: -$0.0299 (-4%) info
Market Cap: $2.945M info
RDGT
Jul 31, 2026, 8:30 AM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $0.810
Real-time Price: $0.810 info
Change: $0 (0%) info
Market Cap: $2.945M info
RDGT
Jul 29, 2026, 9:00 AM EDT
Filing Type: 424B5
Importance Score:
8
Price at Filing: $0.9001
Real-time Price: $0.810 info
Change: -$0.0901 (-10%) info
Market Cap: $2.945M info
RDGT
Jul 28, 2026, 6:42 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $0.900
Real-time Price: $0.810 info
Change: -$0.090 (-10%) info
Market Cap: $2.945M info
RDGT
Jul 28, 2026, 5:01 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.16
Real-time Price: $0.810 info
Change: -$0.350 (-30%) info
Market Cap: $2.945M info
RDGT
Jul 02, 2026, 2:01 PM EDT
Filing Type: 4
Importance Score:
8
Price at Filing: $1.43
Real-time Price: $0.810 info
Change: -$0.620 (-43%) info
Market Cap: $2.945M info
RDGT
Jun 12, 2026, 3:39 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $1.43
Real-time Price: $0.810 info
Change: -$0.620 (-43%) info
Market Cap: $2.945M info
RDGT
Jun 11, 2026, 3:51 PM EDT
Filing Type: 4
Importance Score:
7
Price at Filing: $1.59
Real-time Price: $0.810 info
Change: -$0.780 (-49%) info
Market Cap: $2.945M info
RDGT
Apr 03, 2026, 12:00 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $0.0253
Real-time Price: $0.810 info
Change: Reverse Stock Split info
Market Cap: $2.945M info
RDGT
Mar 05, 2026, 4:30 PM EST
Filing Type: 6-K
Importance Score:
9
Price at Filing: $1.73
Real-time Price: $0.810 info
Change: Reverse Stock Split info
Market Cap: $2.945M info