An amendment is grouped with the report it
amends; every 12b-25 notice is one group
Going concern
Filing comparison
DirectBooking Technology Co., Ltd. disclosed substantial doubt about its ability to continue as a going concern in its first report following a change of registrant
The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
Explanatory Paragraph — Going Concern The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. As discussed in Note 2 to the consolidated financial statements, the Company’s recurring net losses, negative cash flows from operations, and accumulated deficit raised substantial doubt about its ability to continue as a going concern. The management’s evaluation of the events and conditions and management’s plans regarding these matters are also described in Note 2 to the consolidated financial statements. The consolidated…
Evidence
Blank check
No
Caveat
The prior filing was made by a different business under the same CIK, so this is a new disclosure rather than a change.
Comparable
No
Current state
substantial_doubt
Current state label
Substantial doubt about ability to continue as a going concern
Direction
not comparable
Located in
going-concern note
Prior filed
2025-08-14
Prior form
20-F
Registrant changed from
Primega Group Holdings Ltd
Source
ASC 205-40 going-concern note comparison
Why
Disclosure about the company's ability to continue as a going concern changed compared with its previous report.
DirectBooking Technology Co., Ltd. cited accounting standard ASU 2023-09 for the first time in this filing series
The filing states this standard was adopted in 2024, so this is the first time it has been cited in this series rather than a change of policy in the current period.
During the year ended March 31, 2026, the Company adopted ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures on a prospective basis for the first annual period beginning after December 15, 2024.
Evidence
Adopted
2023-09
Adoption year stated
2024
Caveat
The filing states this standard was adopted in 2024, so this is the first time it has been cited in this series rather than a change of policy in the current period.
Contexts
During the year ended March 31, 2026, the Company adopted ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures on a prospective basis for the first annual period beginning after December 15, 2024.
DirectBooking Technology Co., Ltd. told the SEC it could not file its annual report on time
Does not expect a significant change in results.32 days past the statutory due date.
Registrant is unable to file its Form 20-F for the fiscal year ended March 31, 2026 by the prescribed filing date because Registrant requires additional time to review its financial statements to finalize the Form 20-F. Registrant anticipates that it will file the Form 20-F no later than the fifteenth calendar day following the prescribed filing date.
Evidence
Anticipates significant change
No
Days past due date
32
Routine
No
Severity
elevated
Source
Form 12b-25 (notification of late filing)
Stated reason
Registrant is unable to file its Form 20-F for the fiscal year ended March 31, 2026 by the prescribed filing date because Registrant requires additional time to review its financial statements to finalize the Form 20-F. Registrant anticipates that it will file the Form 20-F no later than the fifteenth calendar day following the prescribed filing date.
Why
The company told the SEC it could not file a periodic report on time, using Form 12b-25.