Late filing
elevated
Filing comparison
Gauzy Ltd. filed its annual report late and said it expects a significant change in results
expects significant change in results 30 days past the statutory due date.
(the “Registrant”) is unable, without unreasonable effort or expense, to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the “Annual Report”) within the prescribed time period due to delays in completing the Registrant’s financial statements and related disclosures. The delay is primarily attributable to the additional time required to complete the review and disclosure of recent material developments affecting the Registrant and certain of its subsidiaries. These developments include, among other matters, insolvency and restructuring-related proceedings involving certain of the Registrant’s French subsidiaries, a public sale process relating to certain…
Evidence
- Anticipates significant change
- Yes
- Days past due date
- 30
- Other periodic reports filed
- Yes
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (the “Registrant”) is unable, without unreasonable effort or expense, to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the “Annual Report”) within the prescribed time period due to delays in completing the Registrant’s financial statements and related disclosures. The delay is primarily attributable to the additional time required to complete the review and disclosure of recent material developments affecting the Registrant and certain of its subsidiaries. These developments include, among other matters, insolvency and restructuring-related proceedings involving certain of the Registrant’s French subsidiaries, a public sale process relating to certain…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.