Johnson Fistel Opens Investigation Into VenHub Global After $62.4 Million Net Loss

Johnson Fistel, PLLP is investigating VenHub Global, Inc. (NASDAQ: VHUB) on behalf of investors who suffered losses and whether those losses may be recoverable under federal securities laws, the firm said in a GlobeNewswire release dated November 6, 2026. The investigation follows VenHub's disclosure of a net loss of approximately $62.4 million for fiscal 2025.

VenHub's Annual Report and Liquidity Warning

VenHub filed its annual report for the year ended December 31, 2025, on March 24, 2026. The company disclosed total revenue of $864,450 for the year alongside the $62.4 million net loss. VenHub also reported total liabilities of approximately $13.9 million, a stockholders' deficit of approximately $10.3 million and a working capital deficit of approximately $9.2 million.

VenHub stated that its operating losses, working capital deficit and negative cash flows from operations raised substantial doubt about its ability to continue as a going concern. The company said its cash position was not significant enough to support daily operations and that, without additional short-term capital, it may cease operations. Johnson Fistel is investigating whether VenHub made false or misleading statements or failed to disclose material information. "If you purchased VenHub securities and suffered losses on your investment, you are encouraged to contact Johnson Fistel to learn more about the investigation," the firm said.

VenHub Global is a Nasdaq-listed company. VenHub Global entered an equity purchase agreement with Euphoria Capital for up to $100 million in common stock, with 800,000 commitment shares issued, Stock Titan reported on August 26, 2026. Pomerantz LLP is also investigating VenHub for potential securities fraud following the company's disclosure of the $62.4 million net loss and liquidity concerns in its 2025 annual report, FinancialContent reported on August 18, 2026.

Johnson Fistel's Investigation Practice

Johnson Fistel is a San Diego-based shareholder rights firm founded in 2014, according to akta.pro company records. The same records show the firm scaled its active investigation practice to more than 100 announced investigations across multiple sectors during 2025-2026. Frank Johnson is co-founding and managing partner, and Michael Fistel is co-founding partner, the records show.

Earlier Johnson Fistel Investigations

Johnson Fistel announced on October 22, 2026, that it was investigating Aether Holdings after BMF Reports alleged fraud, including lock-up violations and undisclosed insider dealings, Business & Financial reported. On the same date, the firm said it was investigating Simulations Plus following a cut in fiscal 2025 revenue guidance to $76–80 million after second-quarter results, Business & Financial reported. Johnson Fistel said on August 12, 2026, that it was investigating potential federal securities law violations on behalf of investors in Hyliion Holdings Corp., PR Newswire reported.

VenHub's Earlier Investigation Disclosure

Johnson Fistel announced on September 15, 2026, that it was investigating VenHub Global over potential securities fraud, citing investor losses, PR Newswire reported. That announcement cited VenHub's fiscal 2025 revenue of $864,450, its $62.4 million net loss, a stockholders' deficit of $10.3 million and a working capital deficit of $9.2 million.