Nano Magic Inc.
NMGXDISTRESS WATCHDISTRESS LEANNano Magic Inc. reads as Distress Watch (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Chemicals & Materials.
Lens
Disclosed M&A capital (2023–2025)
N/A
vs N/A in 2020–2022
Disclosed transactions
N/A
0/3 active fiscal years in window
Buyer archetype
Selective Buyer
Acquisition use is visible but targeted.
Composite score
70
Distress Watch dominates · Distress Lean
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $1M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- 193 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 32 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 32 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 32 activism filings
- Latest activism 2.3y ago; discounted
Distress Watch
DominantIssuers showing financial-distress filing patterns
- 10-Q 568d stale
- 10-K 798d stale
- 32 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
- 6 auditor changes
- 14 NT late filings
- Latest event 1.6y ago
Capital Velocity
Issuers with the highest filing-activity intensity
- 193 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $3M
- 10-Q 568d ago
- 2 active signals
Capital cadence.
No disclosed M&A capital in the 10-year window.
This issuer has not disclosed material acquisition spend or count in the last ten fiscal years.
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Our acquisition strategy will also mean that new key players will be expected to join the management team to accomplish the development, marketing, sales and distribution of new products.”
“Our acquisition strategy is expected to require additional capital, and our failure to raise capital when needed could prevent it from growing.”
“ANHI is where we incur general operating overhead that is the approximate cost of being a public company.”
“Our operations currently consist of only one reportable business segment.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Chemicals & Materials
- Market spend (2023–2025)
- $85.8B
- Market spend (2020–2022)
- $80.5B
- Recent vs prior
- +7%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
NMGX trades at a -16.6-turn discount to the Chemicals & Materials peer median of 15.9×.
- EV / Revenue
- 1.2×
- Net debt / EBITDA
- N/A
- Peer median EV / EBITDA
- 15.9×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Ecolab Inc.ECL | 24.5× | 4.9× | 2.3× | $16.5B | $2.1B |
| 15.9× | 5.2× | 0.0× | $8.1B | $2.3B | |
| 13.4× | 2.4× | 0.3× | $10.8B | N/A |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Chemicals & Materials. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)242024-04-03
- 10-Q (quarterly)602024-11-19
- 8-K (event)1932024-12-12
- Proxy / DEF 14A182014-08-15
- Activism (13D / DFAN / PREC)322024-02-13
Signals on file
- elevated
Auditor change
2024-06-246 Item 4.01 filings on file; certifying accountant change.
- watch
Late-filing notice
2024-11-1414 NT 10-K/10-Q filings on file.
- elevated
Activism on file
2024-02-1332 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.