Mag Magna Corp (MGNC) — SEC Filings
Mag Magna Corp (MGNC) — 12 SEC filings. Latest: 8-K (Dec 29, 2025). Includes 5 8-K, 5 10-Q, 2 10-K.
View Mag Magna Corp on SEC EDGAR
Overview
Mag Magna Corp (MGNC) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 14, 2025: Mag Magna Corp. (MGNC) reported a significant net loss of $90,425 for the three months ended July 31, 2025, a substantial increase from the $14,026 net loss in the same period of 2024. Total revenue plummeted to $0 for the quarter, down from $5,293 in Q3 2024, primarily due to a lack of capital for
Sentiment Summary
Across 12 filings, the sentiment breakdown is: 2 bearish, 10 neutral. The dominant filing sentiment for Mag Magna Corp is neutral.
Filing Type Overview
Mag Magna Corp (MGNC) has filed 5 8-K, 5 10-Q, 2 10-K with the SEC between Mar 2024 to Dec 2025.
Filings by Year
Recent SEC Filings (12)
| Date | Form | Description | Risk |
|---|---|---|---|
| Dec 29, 2025 | 8-K | 8-K Filing | |
| Nov 14, 2025 | 10-Q | Mag Magna's Revenue Dries Up, Losses Mount Amidst Leadership Change | high |
| Jul 23, 2025 | 10-K | Mag Magna Corp Files 10-K, Reveals China HQ, Non-Seasoned Status | high |
| Jun 13, 2025 | 8-K | Mag Magna Corp Elects New Directors, Adjusts Compensation | medium |
| Mar 17, 2025 | 10-Q | Magna Corp Files 10-Q for Jan 31, 2025 | low |
| Feb 25, 2025 | 8-K | Magna Corp. Announces Executive and Director Changes | medium |
| Dec 11, 2024 | 10-Q | Magna Corp Files 10-Q for Period Ending Oct 31, 2024 | low |
| Sep 13, 2024 | 10-Q | Magna Corp Files 10-Q for Q2 2024 | medium |
| Aug 13, 2024 | 10-K | Magna Corp. Files Annual 10-K Report | low |
| Jun 27, 2024 | 8-K | Magna Corp. Appoints New Auditor | medium |
| May 21, 2024 | 8-K | Magna Corp. Appoints New Auditor BDO USA, LLP | low |
| Mar 8, 2024 | 10-Q | Magna Corp. Files 10-Q for Period Ended January 31, 2024 |
Risk Profile
Risk Assessment: Of MGNC's 10 recent filings, 2 were flagged as high-risk, 4 as medium-risk, and 4 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.
Financial Highlights
| Metric | Value |
|---|---|
| Revenue | $0 |
| Net Income | $(90,425) |
| EPS | $(0.02) |
| Debt-to-Equity | N/A |
| Cash Position | N/A |
| Operating Margin | N/A |
| Total Assets | $120,379 |
| Total Debt | $157,102 |
Key Executives
- Oleg Bilinski
- Tomasz Anczok
- Wang Gang
- Li Wei
- Zhang Hao
Industry Context
Magna Corp appears to be in a sector reliant on technology services (API requests, consulting). The current market landscape for such companies often requires significant investment in sales, marketing, and product development to achieve scale and profitability. Companies in this space face intense competition and rapid technological evolution, demanding continuous innovation and strong financial backing.
Top Tags
10-Q (4) · 10-K (2) · quarterly-filing (2) · financials (2) · medicinal-chemicals (2) · auditor-change (2) · accounting (2) · Going Concern (1) · Zero Revenue (1) · Net Loss (1)
Key Numbers
| Metric | Value | Context |
|---|---|---|
| Total Revenue | $0 | Decreased from $5,293 in Q3 2024, indicating a complete halt in revenue generation. |
| Net Loss | $(90,425) | Increased significantly from $(14,026) in Q3 2024, showing worsening financial performance. |
| Accumulated Deficit | $(211,449) | Increased from $(121,024) at April 30, 2025, highlighting persistent losses. |
| Net Cash Used in Operating Activities | $(66,507) | Increased from $(562) in Q3 2024, indicating a greater cash burn from operations. |
| Related-Party Loan Forgiveness | $137,000 | Increased Additional Paid-in Capital, improving the equity deficit but not operational cash flow. |
| Control Shares Acquired | 77.20% | Wang Gang acquired voting control of the company on June 4, 2025. |
| Common Shares Outstanding | 5,829,047 | Consistent between July 31, 2025, and April 30, 2025. |
| Loan Payable – Related Party | $92,462 | Remaining balance owed to Oleg Bilinski after forgiveness. |
| Fiscal Year End Date | 2025-04-30 | The period covered by this 10-K filing. |
| Central Index Key (CIK) | 0001949864 | Unique identifier for Mag Magna Corp with the SEC. |
| IRS Employer Identification Number (EIN) | 981626237 | Tax identification number for Mag Magna Corp. |
| Commission File Number | 333-268561 | SEC registration number for Mag Magna Corp. |
| Public Document Count | 42 | Number of documents associated with this filing. |
| Fiscal Year End | 0430 | Indicates the end of the company's annual accounting period. |
| Period End Date | 20240731 | Financials reported as of this date. |
Frequently Asked Questions
What are the latest SEC filings for Mag Magna Corp (MGNC)?
Mag Magna Corp has 12 recent SEC filings from Mar 2024 to Dec 2025, including 5 8-K, 5 10-Q, 2 10-K. Each filing includes an AI-generated plain-English summary.
What is the overall sentiment of MGNC filings?
Across 12 filings, the sentiment breakdown is: 2 bearish, 10 neutral. The dominant sentiment is neutral.
Where can I find Mag Magna Corp SEC filings explained simply?
ReadTheFiling provides AI-powered plain-English summaries of all Mag Magna Corp (MGNC) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.
What are the key financial highlights for Mag Magna Corp?
Key financial highlights from Mag Magna Corp's most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.
What is the investment thesis for MGNC?
The investment thesis for MGNC includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.
Who are the key executives at Mag Magna Corp?
Key executives identified across Mag Magna Corp's filings include Oleg Bilinski, Tomasz Anczok, Wang Gang, Li Wei, Zhang Hao.
What are the main risk factors for Mag Magna Corp stock?
Of MGNC's 10 assessed filings, 2 were flagged high-risk, 4 medium-risk, and 4 low-risk.
What are recent predictions and forward guidance from Mag Magna Corp?
Forward guidance and predictions for Mag Magna Corp are extracted from SEC filings as they are enriched.