What changed in this filing

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Item 1. Financial Statements

2026-09-14 compared with 2026-06-01 · 88 added, 75 removed, 227 unchanged (42% of the section changed)

7 unchanged sentences

Mobile Application and Website Development

Accumulated Depreciation

Accumulated Amortization

Total Non-Current Intangible Assets

1 unchanged sentence

Accounts Payable/Accrued Liabilities

Interest Payable

Total Current Liabilities

Long term Liabilities

Director Loan

Due to Third Party

Promissory Note

Total Long-term Liabilities

2 unchanged sentences

Common stock, $ 0.0001 par value, 75,000,000 shares authorized;

3,632,750 shares issued and outstanding as of April 30, 2026 and January 31, 2026, respectively

3,632,750 shares issued and outstanding as of July 31, 2026 and January 31, 2026 respectively

Additional paid-in-capital

2 unchanged sentences

Total Liabilities and Stockholders’ Equity

The accompanying notes are an integral part of these

financial statements.

The accompanying notes are an integral part

of these financial statements.

RAPID LINE INC.

STATEMENT OF OPERATIONS

July 31, 2026

April 30, 2026

April 30, 2025 (Proforma)

April 30, 2025

July 31, 2025

OPERATING EXPENSES

20 unchanged sentences

$ ( 117,799 )

Net income for the period of three months ending July 31, 2026

Balance, July 31, 2026

$ ( 328,028 )

$ ( 160,698 )

Stockholders’

Balance, January 31, 2025

Net income for the period of three months ending April 30, 2025

Balance, April 30, 2025 (Proforma)

$ ( 107,181 )

Net income for the period ending April 30, 2025

Balance, April 30, 2025

Net income for the period ending July 31, 2025

Balance, July 31, 2025

The accompanying notes are an integral part of these

2 unchanged sentences

STATEMENT OF CASH FLOWS

April 30, 2026

April 30, 2025 (Proforma)

July 31, 2026

July 31, 2025

CASH FLOWS FROM OPERATING ACTIVITIES

1 unchanged sentence

Adjustment to reconcile net income (loss) to cash provided by operating activities

Debt forgiveness

Accumulated amortization

Increase/Decrease related to Prepaid Expenses

Increase in accounts payable

Decrease in interest payable

CASH FLOWS USED IN OPERATING ACTIVITIES

12 unchanged sentences

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD OF THREE MONTHS ENDED APRIL 30, 2026

FOR THE PERIOD OF THREE MONTHS ENDED JULY 31, 2026

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

Rapid Line Inc.

(referred as the “Company”,

“we”, “our”) is a development stage company formed to commence operations concerned with online education.

were incorporated under the laws of the state of Wyoming on January 10, 2022.

From our formation we were engaged in the business of namely

the development, marketing and business process analysis, problem solving and general business services.

(the “Company”) is a development-stage

company incorporated under the laws of the State of Wyoming on January 10, 2022.

The Company was initially formed to engage in the development,

marketing and provision of business process analysis, problem-solving and general business services.

The Company has not generated revenues

since inception and is currently evaluating opportunities to commence operations and develop its business plan.

Our executive and business office is located at 1111

2 unchanged sentences

As reflected in the financial statements, the

Company had stockholders’ equity of $( 117,799 )

at April 30, 2026.

The Company had no revenues during the three months ended April 30, 2026.

Since its inception, the Company has

never generated any revenues and, unless it obtains capital, is not expected to generate any revenues for the foreseeable future.

These factors raise substantial doubt about the Company’s ability to continue as a going concern.

Company had stockholders’ equity of $( 160,698 ) at

July 31, 2026.

The Company had no revenues during the three months ended July 31, 2026.

Since its inception, the Company has never

generated any revenues and, unless it obtains capital, is not expected to generate any revenues for the foreseeable future.

factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company is attempting to commence operations and

29 unchanged sentences

on a consideration specified with a customer and recognized when we satisfy the performance obligation specified with a customer.

During the period ended April 30, 2026, we have not generated any

During the period ended July 31, 2026, we have no t generated any revenue.

Use of Estimates

8 unchanged sentences

The Company issued 2,500,000

2,500,000 common shares for $ 250 at par value $0.0001 for the purpose of managing the expenses of the financial

operations for the Company by its former director Wiktor Moroz.

common shares for $ 250 at par value $0.0001 for the purpose of managing the expenses of the financial operations for the

Company by its former director Wiktor Moroz.

Mobile Application and Website development -

3 unchanged sentences

Term of amortization – 60 months ( 5

As of April 30, 2026 the company’s

As of July 31, 2026, the company’s

accumulated amortization was $ 20,848 .

2 unchanged sentences

during the year ended January 31, 2026.

As of April 30, 2026, the Company had no interest payable.

As of July 31, 2026, the Company had no interest payable.

Fair Value of Financial Instruments

22 unchanged sentences

their effect is anti-dilutive.

As of April 30, 2026, there were

As of July 31, 2026, there were

no potentially dilutive debt or equity instruments issued or outstanding.

14 unchanged sentences

but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

NOTE 4 – LOAN FROM DIRECTOR

As of January 31, 2026, all loans from the Company’s

prior sole officer and director, Wiktor Moroz, had been forgiven by Mr.

Moroz, in the total amount of $ 114,731 .

Further, during the same

year, Jiang Jian, the Company’s former sole officer and director has forgiven all outstanding debt due to him for expenses incurred

by the Company which at July 31, 2025 was $ 11,000 .

As of April 30, 2026, the company had no additional

debt forgiven.

4 – RELATED PARTY TRANSACTIONS AND ADVANCES

The Company has $ 188,249 due to related parties

as of the filing date of this quarterly report on Form 10-Q.

The $ 188,249 is owed to our controlling shareholder, Nova Aura Limited.

The amount represents loans made to fund the Company’s operating expenses.

The loans bear no interest, have no maturity date and

are unsecured.

There are currently no formal repayment terms as of the date of this Quarterly Report on Form 10-Q.

NOTE 5 – COMMON STOCK

11 unchanged sentences

65,000 common shares to few individuals at $0.02 per share in consideration of $ 1,300 .

There were 3,632,750 shares of common

stock issued and outstanding as of April 30, 2026.

There were 3,632,750 shares of common stock

issued and outstanding as of July 31, 2026.

NOTE 6 – COMMITMENTS AND CONTINGENCIES

13 unchanged sentences

Reconciliation of income taxes

April 30, 2026

April 30, 2025

July 31, 2026

July 31, 2025

Federal income tax benefit attributable to:

5 unchanged sentences

Schedule of deferred tax assets

April 30, 2026

July 31, 2026

January 31, 2026

16 unchanged sentences

NOTE 8 – CHANGE IN CONTROL

Effective March 18, 2025, there occurred a change

in control of the Company.

On such date, pursuant to a stock purchase agreement (the “Change-in-Control Agreement”), Jiang

Jian acquired 2,500,000 shares of the Company’s common stock (the “Acquired Shares”) from Wiktor Moroz.

Shares represent approximately 68.82% of the outstanding shares of the Company’s common stock and constitute voting control of the

The total consideration paid by Mr.

Jian for the Acquired Shares was $362,315 in cash.

In conjunction with the Change-in-Control

Agreements, on March 18, 2025, Wiktor Moroz resigned as Sole Director, CEO, CFO and Secretary of the Company and Jiang Jian was appointed

as the Sole Director, President, Chief Executive Officer and Secretary of the Company.

On August 22, 2025, the Company entered into a

change in control whereby pursuant to a stock purchase agreement, Nova Aura Limited acquired 2,500,000 shares of the Company’s common

stock (the “Acquired Shares”) representing approximately 68.82% of the outstanding shares of the Company’s common stock

and voting control of the Company from Jiang Jian for $586,473 in cash.

In connection with the change in control, Mr.

Jian resigned his

titles as President, CEO, CFO, Secretary, Treasurer and Director of the Company.

On March 18, 2025, Jiang Jian acquired 2,500,000

shares of the Company’s common stock from Wiktor Moroz for $362,315 in cash, representing approximately 68.82% of the Company’s outstanding

common stock and voting control of the Company.

In connection with the transaction, Mr.

Moroz resigned as the Company’s Sole Director

and officer, and Mr.

Jiang was appointed as the Company’s Sole Director and President, Chief Executive Officer and Secretary.On August

22, 2025, Nova Aura Limited acquired 2,500,000 shares of the Company’s common stock from Jiang Jian for $586,473 in cash, representing

approximately 68.82% of the Company’s outstanding common stock and voting control of the Company.

In connection with the transaction,

Jiang resigned as the Company’s officer and director, and Richard Chiang was appointed as the Company’s Sole Director, President,

Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary.

NOTE 9 – FORGIVENESS OF DEBT

Effective August 22, 2025, in connection with the

Change-in-Control Agreement, the Company’s former sole officer and director, Jiang Jian, forgave all amounts owed to him by the

Company, a total amount of $ 11,000 in principal and interest.

change in control described in Note 8, Jiang Jian, the Company’s former Sole Director and officer, forgave all amounts owed to him by

the Company, totaling $ 11,000 , including principal and accrued interest.

NOTE 10 – SUBSEQUENT EVENTS

Management has evaluated subsequent events in accordance

with FASB ASC Topic 855, “Subsequent Events,” through the date which the financial statements were available to be issued

and there are no material subsequent events, except as noted below.

Effective August 22, 2025, there occurred a change

in control of the Company.

On such date, pursuant to a stock purchase agreement (the “August Change-in-Control Agreement”),

Nova Aura Limited acquired 2,500,000 shares of the Company’s common stock (the “Acquired Shares”) from the Company’s

former Sole Officer and Director, Jiang Jian.

The Acquired Shares represent approximately 68.82% of the outstanding shares of the Company’s

common stock and constitute voting control of the Company.

The total consideration paid by Nova Aura Limited for the Acquired Shares was

$586,473 in cash, the source of which was corporate funds.

In conjunction with the August Change-in-Control Agreement, on August 22, 2025,

Jiang Jian resigned as Sole Director, CEO, CFO and Secretary of the Company and Nova Aura Limited appointed Richard Chiang as the Sole

Director, President, Chief Executive Officer, Chief Financial Officer, Treasurer and Secretary of the Company.

with FASB ASC Topic 855, Subsequent Events , through the date these unaudited condensed financial statements were available to be

issued and has determined that, except as described below, there were no material subsequent events requiring recognition or disclosure.

Unusual Market

Subsequent to July 31, 2026, the Company’s common

stock experienced a significant increase in market price and trading activity, increasing from below approximately $0.20

per share to approximately $2.00 per share within approximately 48 hours and subsequently to approximately $3.67 per share as of August

25, 2026 and as of early September the stock had declined significantly back to $0.12 per share .

The Company is not aware of any material change in

its business, operations, financial condition or prospects, or any other corporate development, that would account for the magnitude of

the increase.

The Company has not participated in, directed or otherwise caused the trading activity and is not aware of the identity

or intentions of the persons or entities involved.

Management notified the Financial

Industry Regulatory Authority (“FINRA”) of the unusual market activity and will cooperate with any reasonable requests

from applicable regulatory authorities.

The Company is not aware of any determination by FINRA or any other regulatory authority regarding

the cause of the trading activity.

The Company cannot predict the future trading price

or volume of its common stock, and there can be no assurance that the recent increase will be sustained.

The Company’s common stock may

experience significant volatility and may decline substantially.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Financial Statements