Thu, Jun 5, 8:07 PM (7 days ago)
**Global Gas Corporation (HGAS) Q1 2025 10-Q/A Summary** Global Gas Corporation (HGAS) filed an amendment to its Q1 2025 10-Q to correct a clerical error indicating the company was a shell company, which it is not. The amendment includes new certifications required by the Sarbanes-Oxley Act of 2002. No other information in the original 10-Q was amended, and no subsequent events were updated. **Key Points:** - **Clerical Error Correction:** The amendment corrects a misstatement on the cover page and XBRL file regarding the company's status as a shell company. - **Certifications:** New certifications from the CEO and CFO were filed as required by the Sarbanes-Oxley Act. - **Financial Statements:** The amendment includes XBRL-formatted financial statements for Q1 2025, covering balance sheets, statements of operations, changes in stockholders' equity, cash flows, and notes to financial statements. - **Share Information:** As of May 14, 2025, there were 6,478,256 shares of Class A common stock and 2,700,000 shares of Class B common stock issued and outstanding. **Future Operations Impact:** The amendment does not reflect any changes to the company's financial health or future operations. The correction of the clerical error ensures accurate reporting and compliance with SEC regulations. Portfolio managers, traders, and finance professionals should review the amended 10-Q in conjunction with subsequent filings for a comprehensive understanding of the company's financial status.