Flywheel Advanced Technology Inc
panglobalcorp.comFlywheel Advanced Technology Inc (FWFW) is a shell company with nominal assets and no significant operations, currently seeking to complete a business combination with an operating entity. The company generates no revenue, as confirmed by its income statements showing $0 net revenue for the fiscal years ended September 30, 2025 and September 30, 2024. It is incorporated in Nevada and qualifies as a shell company under SEC Rule 405. The sole officer and director is Luk Yuen Leung, who serves as CEO and Principal Financial Officer. Operations consist entirely of searching for acquisition targets, with management intending to contact affiliates, lenders, investment banks, private equity firms, consultants, and attorneys to identify candidates. As of the 10-K filing date of January 13, 2026, no definitive agreements or specific discussions with potential business combination targets had been entered into. Cash used in operating activities from continuing operations was $163,081 in FY2025 and $286,296 in FY2024, funded entirely by financing activities.
Products & Services
No products or services. The company's sole activity is identifying and pursuing a business combination or acquisition target. No target industry or sector has been selected as of January 13, 2026.
Revenue Model
No revenue. The company is a shell with no commercial operations as of the fiscal year ended September 30, 2025. All operating costs, consisting of professional fees and general and administrative expenses, are funded through financing activities.
Customers & Markets
No customers or end markets. The company has no operating business as of the fiscal year ended September 30, 2025.
Geographic Exposure
Incorporated in Nevada. No operating geographic footprint disclosed in the 10-K filed January 13, 2026.
Peers: Principal Solar, Inc. VivoPower PLC
Source: SEC 10-K, filed 2026-01-13
Financial Snapshot
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