TWAV

twav20260322_8k.htm

false 0000746210

0000746210

2026-05-18 2026-05-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 18, 2026

TaoWeave, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

Incorporation or organization)

001-35376

(Commission File Number)

77-0312442

(IRS Employer

Identification No.)

110 16th Street, Suite 1400 - 1024

Denver, Colorado 80202

(Address of principal executive offices, zip code)

(213) 683-8863 ext. 5

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a‑12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

TWAV

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On May 18, 2026, TaoWeave, Inc., a Delaware corporation (the “Company”), issued a press release announcing the Company’s financial results for the three months ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated in this Item 2.02 by reference.

The information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after the date hereof, and regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such a filing.

9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release of Oblong, Inc. dated May 18, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TAOWEAVE, INC.

Date: May 18, 2026                    By:    /s/ Peter Holst

Name: Peter Holst

Title: President & CEO

EX-99.1

2 ex_855994.htm

EXHIBIT 99.1

ex_855994.htm

EXHIBIT 99.1

Oblong Reports Q3 2025 Results

Oblong, Inc. Grows TAO Treasury to 21,822 Tokens in Q3 2025: All Holdings Fully Staked on Bittensor Network

November 13, 2025 — DENVER, CO — Oblong, Inc. (Nasdaq: OBLG), a digital asset treasury company, today reported financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Financial Highlights

● Debt-free balance sheet with $3.7 million in cash and cash equivalents plus 21,822 TAO tokens valued at $6.6 million (total liquid assets of $10.3 million).

●

Revenue of $0.6 million, an increase of 4% from the prior-year period.

●

Net loss of $2.3 million, compared to $1.0 million for the prior-year period, as Q3 2025 reflects a $1.5 million unrealized loss on TAO token revaluation at September 30, 2025.

● Adjusted EBITDA loss narrowed 26% year-over-year to $0.7 million.

Treasury Growth and Staking Operations

Oblong invested $6.3 million to acquire 16,517 TAO tokens during Q3 at an average price of $384 per token. The Company earned 274 TAO in staking rewards during Q3, representing $97,000 of revenue and an annualized yield of approximately 6% on average holdings during the quarter. All TAO tokens remain fully staked in the Bittensor network, supporting decentralized AI infrastructure while generating ongoing rewards.

As of November 12, 2025, Oblong holds 21,943 TAO tokens, with a market value of approximately $8.0 million, based on the UTC zone closing price.

Bittensor Network Momentum

The Bittensor ecosystem is accelerating into a new phase of maturity and scalability. On November 4, the OpenTensor Foundation deployed Subtensor v2.3.0—a coordinated event introducing transformative upgrades that directly enhance the value of active network participation:

●

Dynamic Subnet Capacity now auto-scales beyond the previous fixed limits, with the network already supporting 128 high-quality subnets and room for continued expansion as stake grows.

●

Cross-Subnet Messaging enables sub-100ms queries across subnets, unlocking composable AI pipelines where models can seamlessly chain capabilities.

● Emission Curve Overhaul ties rewards to performance, granting top subnets up to 20% bonus emissions while low performers face gradual throttling.

●

Hotkey Rotation allows validators to refresh keys mid-epoch without slashing, materially strengthening security.

● Governance Quorum lowered to 33%, making on-chain proposals more inclusive and responsive.

● Fee Market Revamp introduces dynamic auctions and 50% fee burn, adding deflationary pressure and new validator revenue.

Most notably, the network’s first block-reward halving remains on track for mid-December 2025, cutting new TAO issuance by 50%. Combined with these upgrades and continued Yuma Consensus enhancements, the halving is widely viewed as a defining catalyst for Bittensor’s long-term tokenomics and decentralized intelligence economy.

Management Commentary

“Oblong’s investment in Bittensor was founded on a simple yet powerful conviction: the future of machine intelligence will not be controlled by any single corporation, but will emerge from a truly open, incentivized, and decentralized network,” said Pete Holst, Chief Executive Officer. “Bittensor is building exactly that future—one where thousands of independent contributors compete and collaborate to create AI that belongs to everyone. By staking every TAO we own, we are not just generating yield on our capital; we are actively participating in the construction of tomorrow’s intelligence infrastructure.”

Mr. Holst continued, “The Subtensor upgrades deployed last week—dynamic capacity, cross-subnet messaging, performance-based emissions, and more—represent a quantum leap in scalability and incentive alignment. With 128 thriving subnets, dynamic TAO maturing since February, and the December halving just weeks away, we stand at the threshold of a new era for decentralized AI. Our treasury is fully deployed, our balance sheet is pristine, and our conviction has never been stronger. We are not simply holding a token—we are helping build the operating system for the next generation of intelligence.”

Forward-Looking Statements and Risk Factors

This press release and any oral statements made regarding the subject of this release contain forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, that address activities that Oblong assumes, plans, expects, believes, intends, projects, estimates, or anticipates (and other similar expressions) will, should, or may occur in the future are forward-looking statements. Oblong’s actual results may differ materially from its expectations, estimates, and projections, and

oblg20250604_8k.htm

false 0000746210

0000746210

2025-06-30 2025-06-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 14, 2025

OBLONG, INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of

Incorporation or organization)

001-35376

(Commission File Number)

77-0312442

(IRS Employer

Identification No.)

110 16th Street, Suite 1400 - 1024

Denver, Colorado 80202

(Address of principal executive offices, zip code)

(213) 683-8863 ext. 5

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a‑12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.0001 per share

OBLG

Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On August 14, 2025, Oblong, Inc., a Delaware corporation (the “Company”), issued a press release announcing the Company’s financial results for the three and six months ended June 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated in this Item 2.02 by reference.

The information contained in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after the date hereof, and regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such a filing.

9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release of Oblong, Inc. dated August 14, 2025

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

OBLONG, INC.

Date: August 14, 2025                    By:    /s/ Peter Holst

Name: Peter Holst

Title: President & CEO