Late filing
elevated
Filing comparison
ORIGIN TEA INC. filed its annual report late and said it expects a significant change in results
expects significant change in results Filed on the statutory due date.
(the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended July 31, 2026 within the prescribed period without unreasonable effort or expense. During fiscal 2026, the Company established new subsidiaries in Hong Kong and the People’s Republic of China and commenced developing its tea-products business. The Company requires additional time to complete the consolidation of its financial information, reconcile certain year-end balances and supporting schedules, including subscription receipts and related-party transactions, and complete the preparation and review of the financial statements, related disclosures and independent audit. Accordingly, the Company…
Evidence
- Anticipates significant change
- Yes
- Days past due date
- 0
- 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 July 31, 2026 within the prescribed period without unreasonable effort or expense. During fiscal 2026, the Company established new subsidiaries in Hong Kong and the People’s Republic of China and commenced developing its tea-products business. The Company requires additional time to complete the consolidation of its financial information, reconcile certain year-end balances and supporting schedules, including subscription receipts and related-party transactions, and complete the preparation and review of the financial statements, related disclosures and independent audit. Accordingly, the Company…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.