Ridgetech, Inc. reported a net loss of $1.25 million for fiscal year 2026 ended March 31, compared to net income of $10.20 million in the prior year. Revenue increased 10.2% to $132.16 million, driven by a 1,190.8% surge in online platform sales following the acquisition of Allright on February 28, 2025. Gross profit rose 23.8% to $4.75 million with an improved gross margin of 3.6%. The company completed its strategic transition to a wholesale-focused model by divesting its retail drugstore business. Additionally, the filing discloses that all share and per-share amounts have been retroactively adjusted to reflect a 1-for-150 reverse stock split effective April 7, 2026.

Ridgetech, Inc. entered into a new sales agreement with Pacific Century Securities, LLC on July 28, 2026, to continue its at-the-market (ATM) offering program. This agreement replaces the prior arrangement with AC Sunshine Securities LLC, which was terminated and suspended as of July 11, 2026. The new program allows the company to sell ordinary shares with an aggregate offering price of up to $184,720,213. The sales agent receives a commission of 3.5% of gross proceeds and may be reimbursed for expenses up to $100,000. The company is not obligated to sell any shares under this agreement. Ridgetech, Inc. operates in the technology sector, providing software and digital solutions.