Late filing
elevated
Filing comparison
AIRWA INC. filed its annual report late and said it expects a significant change in results
expects significant change in results 1 day past the statutory due date.
(the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended April 30, 2026 (the “Form 10-K”) by the prescribed time period required for smaller reporting companies without unreasonable effort and expense because additional time is required by the Company’s management, working in conjunction with the Company’s independent auditors, to complete the Company’s audit for the year ended April 30, 2026. This is the first consolidation exercise following a significant acquisition the Company made during the fiscal year, and it is the first audit that includes advertising revenue, two factors that have necessitated more time as the Company and its auditors work through…
Evidence
- Anticipates significant change
- Yes
- Days past due date
- 1
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended April 30, 2026 (the “Form 10-K”) by the prescribed time period required for smaller reporting companies without unreasonable effort and expense because additional time is required by the Company’s management, working in conjunction with the Company’s independent auditors, to complete the Company’s audit for the year ended April 30, 2026. This is the first consolidation exercise following a significant acquisition the Company made during the fiscal year, and it is the first audit that includes advertising revenue, two factors that have necessitated more time as the Company and its auditors work through…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.