Electriq Power Holdings, Inc. ELIQ (last ticker on record)
CIK 1827871Its SEC filings (opens in a new tab)
- Delisting notice (not a red flag)
- Restatement
- 95% wipeout
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 2
- Newest began Jan 2024
- Largest fall in its shares
- 99%
- Aug 2023 to May 2024
- Law firms
- 4
- Linked to 5 or more companies
- Lawyers
- 7
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Shares down 95% from their high
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Greenberg TraurigFirst linked Oct 2023 · Named in a filing · 1,223 linked companiesSEC/DOJ scrutiny 1.01× · Went dark 1.03× · 95% wipeout 1.10×
- Ellenoff Grossman & Schole LLPFirst linked Nov 2022 · Named in SEC correspondence · 963 linked companiesSEC/DOJ scrutiny 0.96× · Went dark 1.12× · 95% wipeout 1.21×
- Gibson, Dunn & Crutcher LLPFirst linked Oct 2020 · Named in SEC correspondence · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Oct 2020 · Text search only · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Greenberg Traurig | Oct 2023 | Named in a filing | 1,223 | 1.01 | 1.03 | 1.10 |
| Ellenoff Grossman & Schole LLP | Nov 2022 | Named in SEC correspondence | 963 | 0.96 | 1.12 | 1.21 |
| Gibson, Dunn & Crutcher LLP | Oct 2020 | Named in SEC correspondence | 1,125 | 1.23 | 0.20 | 0.96 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Oct 2020 | Text search only | 2,607 | 1.15 | 0.19 | 0.85 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Anthony AinEllenoff Grossman & Schole LLPFirst linked Nov 2022 · Named in SEC correspondence · 18 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.84×
- Barry I. GrossmanEllenoff Grossman & Schole LLPFirst linked Nov 2022 · Named in a filing · 187 linked companiesSEC/DOJ scrutiny 0.98× · Went dark 1.25× · 95% wipeout 1.32×
- Gerald M. SpedaleBaker Botts L.L.P.First linked Oct 2020 · Named in SEC correspondence · 27 linked companiesSEC/DOJ scrutiny 0.72× · Went dark 1.29× · 95% wipeout 0.30×
- Chris TresterGibson, Dunn & Crutcher LLPFirst linked Nov 2022 · Text search only · 9 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.37×
- David LandauEllenoff Grossman & Schole LLPFirst linked Nov 2022 · Text search only · 6 linked companiesSEC/DOJ scrutiny 0.00× · Went dark 0.00× · 95% wipeout 0.77×
- Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Oct 2020 · Text search only · 206 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 0.21× · 95% wipeout 0.99×
- Michael J. MiesSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Oct 2020 · Text search only · 57 linked companiesSEC/DOJ scrutiny 1.98× · Went dark 0.00× · 95% wipeout 1.36×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Anthony AinEllenoff Grossman & Schole LLP | Nov 2022 | Named in SEC correspondence | 18 | 0.00 | 0.00 | 0.84 |
| Barry I. GrossmanEllenoff Grossman & Schole LLP | Nov 2022 | Named in a filing | 187 | 0.98 | 1.25 | 1.32 |
| Gerald M. SpedaleBaker Botts L.L.P. | Oct 2020 | Named in SEC correspondence | 27 | 0.72 | 1.29 | 0.30 |
| Chris TresterGibson, Dunn & Crutcher LLP | Nov 2022 | Text search only | 9 | 0.00 | 0.00 | 0.37 |
| David LandauEllenoff Grossman & Schole LLP | Nov 2022 | Text search only | 6 | 0.00 | 0.00 | 0.77 |
| Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLP | Oct 2020 | Text search only | 206 | 1.74 | 0.21 | 0.99 |
| Michael J. MiesSkadden, Arps, Slate, Meagher & Flom LLP | Oct 2020 | Text search only | 57 | 1.98 | 0.00 | 1.36 |