AAPI (NASDAQ: AAPI) notifies SEC of delayed 10-K; will file by extension

Rhea-AI Filing Summary

Apple iSports Group, Inc. filed a Form 12b-25 notifying the SEC that it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 because the financial statements could not be completed in time. The company states it will file the Form 10-K by the extension date.

Key Figures

Fiscal year end: December 31, 2025 Form type referenced: Form 10-K Rule 12b-25 annual extension: 15 calendar days +4 more

7 metrics

Fiscal year end December 31, 2025 fiscal year ended

Form type referenced Form 10-K subject report type

Rule 12b-25 annual extension 15 calendar days annual report extension under Rule 12b-25(b)

Rule 12b-25 quarterly extension 5 calendar days quarterly report extension under Rule 12b-25(b)

Notice date March 31, 2025 signature block date

CEO phone 949-725-0380 contact telephone number listed

Commission File Number 000-32389 SEC Commission File Number

Key Terms

Form 12b-25, prescribed due date, extension date, Rule 12b-25(b)

4 terms

Form 12b-25 regulatory

"filing a Form 12b-25 to report that it is unable to file its Annual Report"

Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.

prescribed due date regulatory

"filed within the prescribed time period"

extension date regulatory

"The Company will file the Form 10-K by the extension date"

Rule 12b-25(b) regulatory

"seeks relief pursuant to Rule 12b-25(b)"

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

Commission File Number: 000-32389

(Check One):	☒     Form 10-K       ☐     Form 20-F       ☐     Form 11-K       ☐     Form 10-Q       ☐     Form 10-D
	☐     Form N-SAR       ☐     Form N-CSR
	For Year Ended: December 31, 2025
	☐     Transition Report on Form 10-K ☐     Transition Report on Form 20-F ☐     Transition Report on Form 11-K ☐     Transition Report on Form 10-Q ☐     Transition Report on Form N-SAR
	For the Transition Period Ended: ________________________

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

PART I -- REGISTRANT INFORMATION

Apple iSports Group, Inc.

Full Name of Registrant

Former Name if Applicable

100 Spectrum Center Drive, Suite 900  

Address of Principal Executive Office (Street and Number)

Irvine, California 92618

City, State and Zip Code

PART II -- RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b‑25(b), the following should be completed.  (Check box if appropriate)

☒	(a)	The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N‑SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or the subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
	(c)	The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

PART III -- NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

(Attach extra sheets if needed)

Apple iSports Group, Inc. (the “Company”) is filing this Form 12b-25 to report that it is unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 within the prescribed time period without unreasonable effort or expense because the financial statements could not be completed in time to timely file.  The Company will file the Form 10-K by the extension date.

PART IV -- OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification

	Joe Martinez, Chief Executive Officer		949-725-0380
	(Name)		(Telephone Number)

(2)	Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed?  If answer is no, identify report(s). ☒ Yes     ☐ No
(3)	Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? ☐ Yes     ☒ No
	If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

2

Apple iSports Group, Inc.

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: March 31, 2025	By:	/s/ Joe Martinez
		Joe Martinez
		Chief Executive Officer

3

FAQ

Why did Apple iSports Group, Inc. (AAPI) file a Form 12b-25?

The company could not complete its financial statements in time and therefore could not file its Form 10-K for the fiscal year ended December 31, 2025. The notification cites inability to finish the financial statements without unreasonable effort or expense.

Will AAPI file its Annual Report (Form 10-K) after the 12b-25 notice?

Yes. The company states it will file the Form 10-K by the extension date allowed under Rule 12b-25. The filing explicitly commits to submitting the annual report by that permitted extension.

What deadline relief does Rule 12b-25 provide for AAPI's late Form 10-K?

Rule 12b-25 allows an extension where an annual report is filed within 15 calendar days after the prescribed due date. The filing references this fifteen calendar day extension framework in Part II.

Does the 12b-25 notice say whether other periodic reports are delinquent?

The form includes the standard question about other periodic reports and provides checkboxes. The filing does not identify any specific prior periodic report as delinquent in the provided excerpt.

Who signed the 12b-25 notice for AAPI and when?

The notice was signed by Joe Martinez, Chief Executive Officer, and the signature block is dated March 31, 2025 in the filing excerpt.