Hi-Great Group Files 10-Q, Discloses 101.5M Shares Outstanding

TL;DR

**HIGR's 10-Q is a compliance check, but without financials, it's just noise for traders.**

AI Summary

Hi-Great Group Holding Co (HIGR) filed its 10-Q for the quarter ended March 31, 2025, indicating it is a smaller reporting company and not an emerging growth company. The filing confirms the company has filed all required reports under Section 13 or 15(d) of the Exchange Act during the past 12 months. As of May 30, 2025, HIGR had 101,500,000 shares of common stock issued and outstanding. The company's primary business is listed under SIC code 7011, Hotels & Motels, with its business address at 621 S. Virgil Ave #470, Los Angeles, CA 90005. No specific revenue or net income figures were provided in the excerpt, nor were key business changes or strategic outlook details. The filing does not disclose any securities registered pursuant to Section 12(b) of the Act, meaning it has no trading symbols on major exchanges. The company's telephone number is 213-219-7746. The document is an explanatory note for the 10-Q filing.

Why It Matters

For investors, this 10-Q filing confirms Hi-Great Group Holding Co's compliance with SEC reporting requirements as a smaller reporting company, which is a basic but crucial aspect of corporate governance. The disclosure of 101,500,000 shares outstanding as of May 30, 2025, provides a key metric for calculating market capitalization and per-share metrics, though without financial performance data, its immediate impact is limited. The lack of listed securities on major exchanges suggests limited liquidity and transparency compared to larger, publicly traded hotel competitors. Employees and customers are less directly impacted by this administrative filing, but it signals ongoing operational existence.

Risk Assessment

Risk Level: medium — The risk level is medium because while the company is compliant with SEC filing requirements, the excerpt provides no financial performance data (revenue, net income) or operational details, making it impossible to assess business health. The absence of securities registered on major exchanges (Section 12(b)) suggests limited market liquidity and potentially higher investment risk due to lack of public scrutiny and trading volume.

Analyst Insight

Investors should hold off on any investment decisions regarding Hi-Great Group Holding Co until comprehensive financial statements and operational details are released. The current filing only confirms administrative compliance and share count, which is insufficient for a fundamental analysis.

Key Numbers

• 101,500,000 — Shares Outstanding (As of May 30, 2025, this represents the total common stock issued and outstanding for HIGR.)
• March 31, 2025 — Quarter End Date (This is the end date for the quarterly period covered by the 10-Q report.)
• 7011 — SIC Code (This code indicates the company's primary industry as Hotels & Motels.)

Key Players & Entities

• Hi-Great Group Holding Co (company) — registrant of the 10-Q filing
• SEC (regulator) — U.S. Securities and Exchange Commission
• Nevada (company) — state of incorporation for Hi-Great Group Holding Co
• Los Angeles, California (company) — principal executive offices location for Hi-Great Group Holding Co
• May 30, 2025 (date) — date for the reported shares outstanding
• 101,500,000 (dollar_amount) — number of common stock shares issued and outstanding
• March 31, 2025 (date) — end of the quarterly period reported
• 213-219-7746 (person) — registrant's telephone number
• 000-56200 (regulator) — Commission file number
• 621 S. Virgil Ave #470 (company) — business address of Hi-Great Group Holding Co

FAQ

Industry Context

Hi-Great Group Holding Co operates within the Hotels & Motels industry (SIC code 7011). This sector is characterized by its sensitivity to economic cycles, travel trends, and consumer spending. The industry faces ongoing competition from various lodging providers, including large hotel chains, independent hotels, and alternative accommodations.

Regulatory Implications

As a smaller reporting company, Hi-Great Group Holding Co benefits from scaled disclosure requirements under SEC regulations. However, it must continue to comply with all periodic filing obligations under Section 13 or 15(d) of the Exchange Act. The absence of securities registered under Section 12(b) suggests the company's stock does not trade on major exchanges, potentially impacting liquidity and investor access.

What Investors Should Do

1. Seek additional financial disclosures.
2. Investigate the company's business strategy and outlook.
3. Monitor industry trends in the Hotels & Motels sector.

Key Dates

• 2025-03-31: Quarterly period ended — This marks the end of the reporting period for the 10-Q filing.
• 2025-05-30: Shares outstanding reported — Indicates the total number of common shares issued and outstanding as of this date.
• 2025-06-06: 10-Q Filing Date — The date the quarterly report was officially filed with the SEC.

Glossary

10-Q

A quarterly report required by the U.S. Securities and Exchange Commission (SEC) that provides a continuing disclosure by public companies. (This document is the specific 10-Q filing for Hi-Great Group Holding Co for the period ending March 31, 2025.)

Smaller Reporting Company

A company that meets certain criteria for revenue, public float, and filing history, allowing for scaled disclosure requirements. (Hi-Great Group Holding Co is classified as a smaller reporting company, indicating it is not required to provide the same level of detailed financial information as larger filers.)

SIC Code 7011

Standard Industrial Classification code for Hotels & Motels. (This code identifies the primary business activity of Hi-Great Group Holding Co.)

Section 13 or 15(d) of the Exchange Act

Sections of the Securities Exchange Act of 1934 that mandate periodic reporting requirements for public companies. (The filing confirms that HIGR has met its reporting obligations under these sections for the past 12 months.)

Year-Over-Year Comparison

Information comparing this 10-Q filing to previous periods, such as revenue growth, margin changes, or new risks, is not available in the provided excerpt. The filing confirms that HIGR has met its reporting requirements for the past 12 months, but specific year-over-year metric comparisons cannot be made without access to prior filings or more detailed financial data.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on June 6, 2025 by 213-219-7746 regarding Hi-Great Group Holding Co (HIGR).

View full filing on EDGAR

View Full Filing

View this 10-Q filing on SEC EDGAR