Sandston Corp. (SDON)

[TallTrader]

Now or never

Very clean shell. Either they do a deal soon or no more filings...

We have historically relied on Dorman Industries, LLC to fund our ongoing administrative expenses. Dorman Industries, LLC has recently advised us that it will not fund our ongoing expenses after this Annual Report on Form 10-K is filed. Therefore, unless we find an alternative source of funding or acquire an operating business, we will be unable to continue our ongoing reporting obligations and this may be the last filing we make with the SEC. We cannot assure you that we will be successful in our efforts to locate financing or acquire an operating business or that any such acquisition will result in our future profitability. Our failure to successfully find alternative financing sources will result in our no longer being able to make public filings and could have a material adverse effect on the market price of our common stock and our ability to acquire a target business. Our failure to successfully acquire an operating business could have a material adverse effect on the market price of our common stock and our business, financial condition and results of operations.

https://www.sec.gov/ix?doc=/Archives/edgar/data/892832/000141057823000449/sdon-20221231x10k.htm