Diligence memo · auto-generated · as of July 3, 2026

MHR Acquisitions, Inc.

MHR Acquisitions, Inc. looks under-valued against its niche peers and is active on financing cadence.

SourceModeled below same-niche peers while still financing on rhythm — a potential mispricing worth a closer look.

Businessfiled

MHR Acquisitions, Inc. operates in Other Technology, based in NEW YORK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

MHR Acquisitions, Inc. has raised $538M in disclosed capital across 17 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $208M on 2024-10-15.

Most recent recorded round closed around 2026-03-16.

Filings read as a recurring offering program rather than a clean venture-stage ladder — interpret stage labels and step-ups with that in mind.

Valuation (modeled)modeled

Provath models MHR Acquisitions, Inc. at approximately $75M (range $56M–$86M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.07× the median modeled value of Series D+ Other Technology companies in 2025–2027 (60 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Historic cadence: a new round about every 3 months.

Last raise 4 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round was 9.5× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 100% of Other Technology peers (21302 compared).

Modeled value ranks above 66% of those peers.

Closest niche peers: ServiceNow, Inc., Castelion Corp, Cryptyde, Inc., Niantic Spatial, Inc., Robin Motor Ltd.

Peoplefiled

4 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.

Recurring-offering pattern: stage-based valuation has lower applicability.