| Risk Radar |
Distress Watchlist |
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Issue 2026-06-13
Today's Distress Watchlist
21 filings scored distress language in today's SEC 8-K window. Top names below. Each excerpt is verbatim and links to its source filing.
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Netcapital Inc. (NCPL, NCPLW)
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HIGH · score 13
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Control change / credit amendment · Debt default / covenant · Liquidity / going concern
“…and during the continuation of any Event of Default, the Note shall become immediately due and payable and the Borrower shall pay to the Holder, in full satisfaction of its…”
Debt default / covenant · verbatim from filing
Why it matters
Netcapital's note becomes immediately due and payable on any event of default, stacked with going-concern and credit-amendment language. A microcap with all three signals in one filing is the textbook distress profile.
View SEC filing →
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Vsee Health, Inc. (VSEE, VSEEW)
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HIGH · score 12
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Control change / credit amendment · Debt default / covenant
“…Holder the Mandatory Default Amount, which Mandatory Default Amount shall be immediately due and payable to the Holder. If this Note shall be converted whenever an Event of Default…”
Debt default / covenant · verbatim from filing
Why it matters
VSee Health's note carries a Mandatory Default Amount that comes due in full the moment an event of default occurs. Lenders only write punitive default economics like this when they are pricing real repayment risk.
View SEC filing →
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Edible Garden AG Inc (EDBL, EDBLW)
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HIGH · score 12
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Control change / credit amendment · Debt default / covenant
“…this Note by written notice to Borrower, with the Outstanding Balance becoming immediately due and payable in cash at the Mandatory Default Amount. Notwithstanding the foregoing, upon…”
Debt default / covenant · verbatim from filing
Why it matters
Edible Garden's outstanding balance becomes immediately due and payable in cash at the Mandatory Default Amount on default. Cash-acceleration terms this aggressive signal a lender bracing for trouble.
View SEC filing →
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Universal Safety Products, Inc. (UUU)
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HIGH · score 12
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Control change / credit amendment · Debt default / covenant
“…the entire Principal Amount, together with all accrued Interest thereon, immediately due and payable; and (b) exercise any or all of its rights, powers, or remedies under this…”
Debt default / covenant · verbatim from filing
Why it matters
Universal Safety Products' lender can call the entire principal plus accrued interest immediately due and payable and pursue every remedy on default. A small issuer agreeing to full acceleration is a distress tell.
View SEC filing →
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Vireo Growth Inc. (VREOD, VREOF)
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HIGH · score 12
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Control change / credit amendment · Debt default / covenant · Liquidity / going concern
“…of having it capitalized. Upon the occurrence and during the continuance of an event of default, the lender may, at its option, increase the interest rate by 5 percentage…”
Debt default / covenant · verbatim from filing
Why it matters
Vireo Growth carries substantial-doubt going-concern language plus a lender rate-bump on default. A cannabis operator with both balance-sheet doubt and tightening credit terms is squeezed from two sides.
View SEC filing →
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Not investment advice. Public filings only. Every claim links to a source filing.
Risk Radar · Data: SEC EDGAR full-text search (U.S. government public domain). Signals are risk flags, not trade recommendations. Excerpts are verbatim from filings.
A Radar Labs project — independent SEC/public-filings intelligence. Not affiliated with MainSt's small-business tools. Not investment advice.
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