Tax Credits International Discloses 46.9% Stake in MADE IN USA INC.
Summary
Tax Credits International Inc. has disclosed a 46.9% ownership stake in MADE IN USA INC., acquired in late 2025, with a stated intent to pursue investment and potential strategic transactions.
Key Events
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Major Shareholder Disclosure
Tax Credits International Inc. (TCI) has filed an initial Schedule 13D, disclosing beneficial ownership of 9,370,600 shares, representing 46.9% of MADE IN USA INC.'s common stock.
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Significant Investment at Higher Price
TCI acquired 1,370,600 shares on August 26, 2025, at $1.67 per share for an aggregate consideration of $2,285,475.50. An additional 8,000,000 founder shares were issued on October 7, 2025, for nominal consideration.
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Strategic Intent
The Reporting Person acquired the securities for investment purposes as a founder and significant shareholder, and anticipates the Issuer may pursue acquisitions, mergers, or financing transactions.
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Context of Financial Distress
This disclosure follows MADE IN USA INC.'s recent 10-K filing (June 22, 2026) which included a going concern warning and reported zero cash, making the presence of a large, committed shareholder highly relevant.
Analysis
This initial Schedule 13D filing reveals that Tax Credits International Inc. (TCI) beneficially owns 46.9% of MADE IN USA INC.'s common stock. TCI acquired 1.37 million shares in August 2025 at $1.67 per share (totaling $2.28 million) and 8 million founder shares in October 2025 for nominal consideration. This disclosure comes just two days after MADE IN USA INC. reported a going concern warning and zero cash in its 10-K filing. The presence of a near-majority shareholder, especially one who invested significantly at a much higher price ($1.67 vs. current $0.13), is critical for a company in financial distress. TCI states its purpose is investment and may pursue acquisitions, mergers, or financing, indicating potential strategic involvement that could be vital for the company's future.
At the time of this filing, USDW was trading at $0.13 on OTC in the Technology sector. The 52-week trading range was $0.03 to $0.03. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.