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Posted On: 02/16/2021 6:43:53 PM
Post# of 72436
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The deadline for filing a 10Q can be extended 15 days simply by filing a form online. The article says that small companies particularly are filing this extension, because of difficulties due to the pandemic.
Quote:
Rule 12b-25 requires an issuer that is unable to file all (or any portion) of a quarterly report on Form 10-Q, an annual report on Form 10-K and certain other reports within the prescribed time period to file a Form 12b-25 with the SEC.
When is the Form 12b-25 due?
The Form 12b-25 must be filed with the SEC no later than one business day after the due date for the late report.
How is the Form 12-25 filed?
The Form is filed electronically, through the SEC’s EDGAR3 filing system.
What is the benefit of filing the Form 12b-25?
If the conditions of the Rule are met, filing the Form 12b-25 gives the issuer 15 additional calendar days to file a late annual report and five additional calendar days to file a late quarterly report. Moreover, if the report (or the incomplete portion) is actually filed within the 15-day or five-day grace period, the report is deemed to have been timely filed.
https://www.morse.law/news/annual-report-deadlines
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