PMA Graphene publishes pro forma combined financial statement with Meals Through Seasons
PMA•PMA Graphene Technology Group published a pro forma balance sheet reflecting its September 2, 2026 acquisition of Meals Through Seasons. As of March 31, 2026, pro forma assets were $427.26 million, liabilities were $240.04 million and shareholders’ equity was $187.22 million.
1. Pro forma balance sheet
The statement includes $421.33 million in acquisition-related asset adjustments, including $369.9 million in developed technology assets and $51.43 million in goodwill. Liabilities include a $229.35 million conversion option liability on convertible promissory notes; shareholders’ equity rose from a $4.78 million deficit, reflecting shares issued as acquisition consideration.
