STOCK TITAN

Thunder Power Holdings (AIEV) postpones Q2 2026 results amid major share exchange

(High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Thunder Power Holdings, Inc. notified regulators that it will file its Form 10-Q for the quarter ended June 30, 2026 after the deadline, relying on the short extension permitted under Rule 12b-25. The company states it cannot complete the report without unreasonable effort or expense because, after completing a share exchange with Electric Power Technology Limited in April 2026, it and its auditors need more time to finish consolidating Electric Power Technology Limited and are still awaiting its financial information.

Thunder Power expects to report a significant change in results of operations compared with the same quarter last year, driven by this share exchange, under which it issued 31,872,768 shares of common stock in exchange for 26,783,838 ordinary shares of Electric Power Technology Limited. The company indicates it cannot yet provide a reasonable quantitative estimate of the transaction’s effect.

Positive

  • None.

Negative

  • None.

Filing Explained

The delayed 10-Q—not this notice—will provide the missing interim financial statements and liquidity update.

This is a late-filing notice, not the quarterly report itself: the company’s Form 10-Q for the quarter ended June 30, 2026 remains outstanding, so its interim financial statements and liquidity updates are not yet available in this filing.

The notice states that a quarterly report covered by Rule 12b-25 will be filed within the fifth calendar day after its prescribed due date; this document supplies neither the prescribed due date nor the eventual 10-Q filing date.

Reporting period Quarter ended June 30, 2026 Period covered by the delayed Form 10-Q
Shares issued by Thunder Power 31,872,768 shares of common stock Issued in April 2026 share exchange with Electric Power Technology Limited
Shares received from Electric Power Technology Limited 26,783,838 ordinary shares Received in exchange for Thunder Power common stock
Rule 12b-25 regulatory
"the registrant seeks relief pursuant to Rule 12b-25(b)"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
Form 10-Q regulatory
"unable to file its Form 10-Q for the quarter ended June 30, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
share exchange transaction financial
"following the completion in April 2026 of its share exchange transaction"
A share exchange transaction is when shareholders swap their shares in one company for shares in another company or in a restructured version of the same company, often as part of a merger, acquisition or corporate reorganization. Think of it like trading collectible cards: you give up one set and receive a different set whose value and rules may differ. It matters to investors because it changes ownership stakes, voting power and potential returns, and can affect share value and tax outcomes.
consolidation financial
"require additional time to complete the consolidation of Electric Power Technology Limited"
Consolidation is a period when a stock’s price moves within a relatively narrow range, reflecting a balance between buyers and sellers after a prior rise or fall. It matters to investors because it often signals a pause before the next meaningful move — like a coiled spring — and helps with timing trades, setting risk limits and deciding whether momentum will resume upward or reverse downward.

FAQ

Why did Thunder Power Holdings (AIEV) delay its Q2 2026 Form 10-Q filing?

Thunder Power delayed its Form 10-Q because it needs more time to consolidate Electric Power Technology Limited. The company and its auditors are still awaiting financial information from Electric Power Technology Limited after an April 2026 share exchange transaction.

How long an extension does Thunder Power Holdings (AIEV) seek for the Q2 2026 report?

Thunder Power relies on Rule 12b-25, which allows a Form 10-Q to be filed within five calendar days after the original due date. The company represents that it will file the quarterly report within this permitted extension period.

What transaction is affecting Thunder Power Holdings’ (AIEV) Q2 2026 financial reporting?

Thunder Power completed a share exchange transaction with Electric Power Technology Limited in April 2026. It issued 31,872,768 common shares in exchange for 26,783,838 ordinary shares of Electric Power Technology Limited, requiring consolidation of that entity’s financials.

Does Thunder Power Holdings (AIEV) expect Q2 2026 results to differ from last year?

Yes. The company expects a significant change in results of operations from the same period last year. It attributes this change to the share exchange transaction and related consolidation with Electric Power Technology Limited completed in April 2026.

Can Thunder Power Holdings (AIEV) estimate the impact of the share exchange on Q2 2026 results?

No. Thunder Power states it is not yet able to provide a reasonable quantitative estimate of the share exchange’s effect. The company cites ongoing consolidation work and the need for additional financial information from Electric Power Technology Limited.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

(Check one): Form 10-K Form 20-F Form 11-K  
  Form 10-Q Form 10-D Form N-CEN Form N-CSR

 

For Period Ended: June 30, 2026 

 

Transition Report on Form 10-K
Transition Report on Form 20-F
Transition Report on Form 11-K
Transition Report on Form 10-Q

 

For the Transition Period Ended: ___________________________________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.
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: N/A

 

PART I — REGISTRANT INFORMATION

 

Thunder Power Holdings, Inc.

 

Full Name of Registrant

 

N/A

 

Former Name if Applicable

 

Unit 5, 21/F., Westley Square, 48 Hoi Yuen Road

 

Address of Principal Executive Office (Street and Number)

 

Kwun Tong, Kowloon, Hong Kong, N/A

 

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-CEN 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 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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Company is unable to file its Form 10-Q for the quarter ended June 30, 2026, within the prescribed time period without unreasonable effort or expense because, following the completion in April 2026 of its share exchange transaction with Electric Power Technology Limited, the Company and its auditors require additional time to complete the consolidation of Electric Power Technology Limited and are still awaiting financial information from Electric Power Technology Limited.

 

PART IV — OTHER INFORMATION

 

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

 

 Christopher Nicoll

  +852   68975591
(Name)   (Area Code)   (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.

 

The Company expects to report a significant change in results of operations from the corresponding period for the last fiscal year based on its share exchange transaction with Electric Power Technology Limited, which was completed in April, 2026, pursuant to which the Company issued an aggregate of 31,872,768 shares of common stock in exchange for 26,783,838 ordinary shares of Electric Power Technology Limited. The Company is not yet able to provide a reasonable quantitative estimate of the effect of the share exchange transaction and the related consolidation.

 

2

 

 

Thunder Power Holdings, 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 August 14, 2026 By /s/ Christopher Nicoll
    Christopher Nicoll
    Chief Executive Officer

  

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 

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