Atlantis Glory Inc.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsAtlantis Glory Inc. is a dormant shell company with no revenue or operations, seeking a reverse merger or acquisition.
What they do
Atlantis Glory Inc. is a Nevada holding company incorporated in 2016. It historically operated through a wholly owned subsidiary, Shengshi International Holdings, and its Chinese elevator technology businesses, but has been dormant since May 14, 2020. The company currently has no operations and no revenue, and management is exploring business opportunities, including a potential acquisition through a reverse merger or asset purchase.
Revenue drivers
- No operating segments — The company has no revenue from continuing operations as of the date of the latest 10-Q report.
Recent performance
Annual net income was -$39,199 in 2025, -$40,480 in 2024, and -$68,026 in 2023. Operating cash flow was -$34,079 in 2025 and -$40,480 in 2024. As of June 30, 2026, the company had cash and equivalents of $0, total liabilities of $227,430, and shareholder equity of -$227,430. The company reported no revenue in recent quarters.
Strategy
Management plans to identify and complete a business combination with an operating entity, likely through a reverse merger or asset purchase. It anticipates incurring costs for investigating, evaluating, and negotiating potential deals, and filing SEC reports. The company expects to issue a controlling block of securities to the target's shareholders, which will be very dilutive. It has no current discussions with any potential target as of the report date.
Risks
- No operations or revenue — The company has been dormant since May 2020 and has no revenue, providing no basis for investors to evaluate its future prospects.
- Insufficient capital — The company has $0 cash and negative shareholder equity, and management states it does not have sufficient working capital to fund operations for the next 12 months.
- Business combination may fail — There is no assurance that a suitable acquisition will be identified or completed, and if it fails, investors could lose their entire investment.
- Dilution from reverse merger — Closing a reverse merger will require issuing a controlling block of shares, causing substantial dilution to existing shareholders.
Outlook
Management expects to incur operating losses in the next 12 months, primarily from SEC reporting costs. It will likely need additional capital to close any acquisition, but the availability and terms of such financing are uncertain. The company faces significant challenges in finding a viable business opportunity due to limited capital and competition.