Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB
13 November 2023 - 10:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
|
001-36788 |
|
SEC FILE NUMBER |
|
|
|
|
|
CUSIP NUMBER |
(Check
One):
¨ Form 10-K ¨ Form 20-F ¨
Form 11-K x Form 10-Q ¨
Form 10-D ¨ Form N-SAR ¨ Form N-CSR
For Period Ended: September 30, 2023
¨ Transition Report on Form 10-K
¨ Transition Report on Form 20-F
¨ Transition Report on Form 11-K
¨ Transition Report on Form 10-Q
¨ Transition Report on Form N-SAR
For the Transition Period Ended: N/A
Nothing
in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates: N/A
PART I - REGISTRANT INFORMATION
Full Name of Registrant:
Exela Technologies, Inc.
Former Name if Applicable:
Address of Principal Executive Office (Street
and Number):
2701 E. Grauwyler Rd.
City, State and Zip Code:
Irving, TX 75061
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without
unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box
if appropriate) ¨
(a) |
The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; |
(b) |
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and |
(c) |
The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III - NARRATIVE
State below in reasonable detail the reasons why
Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed
time period.
Exela
Technologies, Inc. (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the period ended September 30,
2023 (the “Form 10-Q”) within the prescribed time period without unreasonable effort or expense for the reason described below.
As
disclosed in the Company’s Current Report on Form 8-K filed on April 10, 2023, the Company’s previous independent registered
public accounting firm declined to stand for re-appointment for 2023 and agreed to remain the Company’s independent registered public
accounting firm until completion of its review of the consolidated interim financial statements of the Company and subsidiaries
as of and for the period ended March 31, 2023. On October 24, 2023, the Audit Committee of the Board of Directors of the Company approved
the engagement of EisnerAmper LLP (“EisnerAmper”) as the Company’s new independent registered public accounting firm.
EisnerAmper must complete its review of the unaudited interim financial information presented in the Form 10-Q under PCAOB Auditing Standard
4105, Reviews of Interim Financial Information (“AS 4105”), as required by Securities and Exchange Commission rules. Once
EisnerAmper completes its AS 4105 review of this unaudited interim financial information and the unaudited financial information for applicable
prior periods, the Company will file the Form 10-Q, as soon as practicable.
The Company does not
currently anticipate that it will be able to file Form 10-Q on or before the fifth calendar day following the prescribed filing date as
a result of the circumstances described above.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard
to this notification
Matthew T. Brown |
(844) |
935-2832 |
(Name) |
(Area Code) |
(Telephone Number) |
(2) Have all other periodic reports required under
section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12
months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s).
¨
Yes x No
The Company did not file the Quarterly Report on
Form 10-Q for the period ended June 30, 2023.
(3) Is it anticipated that any significant change
in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included
in the subject report or portion thereof?
¨
Yes x No
If so, attach an explanation of the anticipated
change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be
made.
Exela Technologies, Inc. |
(Name of Registrant as specified in charter) |
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: November 13, 2023 |
By: |
/s/ Matthew T. Brown |
|
Name: |
Matthew T. Brown |
|
Title: |
Interim Chief Financial Officer |
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed
beneath the signature. If the statement is signed on behalf of registrant by an authorized representative (other than an executive officer),
evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
Criminal Violations (See 18 U.S.C. 1001).
Exela Technologies (NASDAQ:XELA)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Exela Technologies (NASDAQ:XELA)
Historical Stock Chart
Von Mai 2023 bis Mai 2024