Late filing
high
Filing comparison
SINOVAC BIOTECH LTD told the SEC it could not file its annual report on time
Does not expect a significant change in results. 30 days past the statutory due date. other reports also outstanding
(the “Company”) is unable to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the “2025 Annual Report”) by the prescribed due date. On January 16, 2025, the Judicial Committee of the Privy Council of the United Kingdom (the “Privy Council”) issued a ruling regarding the Company. As a consequence of that ruling, on April 15, 2025, Grant Thornton Zhitong Certified Public Accountants LLP (“Grant Thornton”) resigned as the Company’s independent registered public accounting firm. On the same date, Grant Thornton notified the Company that its previously issued audit opinions on the Company’s consolidated financial statements and internal controls over financial…
Evidence
- Anticipates significant change
- No
- Days past due date
- 30
- Other periodic reports filed
- No
- Routine
- No
- Severity
- high
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (the “Company”) is unable to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the “2025 Annual Report”) by the prescribed due date. On January 16, 2025, the Judicial Committee of the Privy Council of the United Kingdom (the “Privy Council”) issued a ruling regarding the Company. As a consequence of that ruling, on April 15, 2025, Grant Thornton Zhitong Certified Public Accountants LLP (“Grant Thornton”) resigned as the Company’s independent registered public accounting firm. On the same date, Grant Thornton notified the Company that its previously issued audit opinions on the Company’s consolidated financial statements and internal controls over financial…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.