Vivic delays annual report filing, expects Form 10-K within 15 days of due date
Bitget2026/09/25 17:38- Vivic filed a Form 12b-25, delaying its annual report on Form 10-K for the fiscal year ended June 30, 2026.
- Limited accounting and financial reporting resources slowed completion of year-end audit work, requiring more time to finalize the filing.
- The company expects to file the Form 10-K by the 15th calendar day after the original due date.
- Results are expected to shift materially, with a projected net loss of about $1.2 million versus about $3.4 million a year earlier.
- Lower share-based compensation and general and administrative expenses drove the improvement, partly offset by impairment losses on advances to suppliers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly
After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.
US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations
Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.
Crypto prices
More
