Late filing
elevated
Filing comparison
U Power 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.
The compilation and review of the information required in the Form 20-F for the fiscal year ended December 31, 2025 have imposed time constraints and rendered timely filing of the Form 20-F impracticable without undue hardship and expense to the Registrant. The Registrant is still in the process of compiling required information to complete the Form 20-F, and its independent registered public accounting firm requires additional time to complete its review of the financial statements for the fiscal year ended December 31, 2025. The Registrant anticipates that it will file the Form 20-F no later than the fifteenth calendar day following the prescribed due date.
Evidence
- Anticipates significant change
- No
- Days past due date
- 30
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- The compilation and review of the information required in the Form 20-F for the fiscal year ended December 31, 2025 have imposed time constraints and rendered timely filing of the Form 20-F impracticable without undue hardship and expense to the Registrant. The Registrant is still in the process of compiling required information to complete the Form 20-F, and its independent registered public accounting firm requires additional time to complete its review of the financial statements for the fiscal year ended December 31, 2025. The Registrant anticipates that it will file the Form 20-F no later than the fifteenth calendar day following the prescribed due date.
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.