Vivic delays annual report filing, expects Form 10-K within 15 days of due date
Bitget2026/09/25 17:38- Vivic filed a Form 12b-25, delaying its annual report on Form 10-K for the fiscal year ended June 30, 2026.
- Limited accounting and financial reporting resources slowed completion of year-end audit work, requiring more time to finalize the filing.
- The company expects to file the Form 10-K by the 15th calendar day after the original due date.
- Results are expected to shift materially, with a projected net loss of about $1.2 million versus about $3.4 million a year earlier.
- Lower share-based compensation and general and administrative expenses drove the improvement, partly offset by impairment losses on advances to suppliers.
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