Late filing
elevated
Filing comparison
Security Midwest Bancorp, 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.
(Attached Extra Sheets if Needed) The Registrant is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”) by the prescribed filing due date of March 31, 2026. The Form 10-K is the Registrant’s first Annual Report since it completed its initial public offering in August 2025. The Registrant’s delay in filing the Form 10-K is due primarily to additional time needed by the Registrant to allow it and its independent registered public accounting firm to complete their respective requisite pre-filing procedures.
Evidence
- Anticipates significant change
- Yes
- Days past due date
- 1
- Other periodic reports filed
- Yes
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (Attached Extra Sheets if Needed) The Registrant is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”) by the prescribed filing due date of March 31, 2026. The Form 10-K is the Registrant’s first Annual Report since it completed its initial public offering in August 2025. The Registrant’s delay in filing the Form 10-K is due primarily to additional time needed by the Registrant to allow it and its independent registered public accounting firm to complete their respective requisite pre-filing procedures.
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.