Breeze Holdings (BREZ) notifies SEC of late NT 10-Q for June 30, 2025 period
Rhea-AI Filing Summary
Breeze Holdings Acquisition Corp. (BREZ) filed a Form 12b-25 notifying the SEC of a late NT 10-Q for the period ended June 30, 2025. The registrant checked the box stating the report will be filed on or before the fifteenth calendar day following the prescribed due date. The filing indicates that all other required periodic reports for the prior 12 months have been filed. The notification is signed by J. Douglas Ramsey, Ph.D., CEO. The form does not include a detailed explanation in Part III, no accountant statement is attached in the provided content, and no financial statements or tables were included here.
Positive
- Registrant affirms all other periodic reports for the prior 12 months have been filed
- Company expects to file the NT 10-Q within the permitted 15-calendar-day cure period
- Signed by CEO, indicating management acknowledgment of the late filing
Negative
- No detailed explanation provided in the excerpt for the cause of the delay
- Contact telephone number and Part III explanatory text are missing from the provided content
- No accountant’s statement or financial statements attached in the provided excerpt
Insights
TL;DR: Routine late-filing notice filed; indicates imminent filing and that other reports are current.
The Form 12b-25 (NT 10-Q) submitted for the period ended June 30, 2025, is a standard regulatory notice indicating the company expects to cure the late filing within the allowed 15-calendar-day cure period. Management certification by the CEO is present and the registrant affirms all other periodic reports for the prior 12 months have been filed. Absent here is a detailed explanation of the cause for delay or any attached accountant statement; that limits assessment of controls or audit issues. Overall this notice typically signals a procedural timing issue rather than a material financial event, but the absence of Part III detail reduces transparency.
TL;DR: Compliance disclosure meets basic Form 12b-25 requirements but lacks explanatory detail.
The form properly selects the option to cure within the 15-day window and confirms prior filings are current, which are positive compliance indicators. However, the provided content omits contact telephone info and the Part III explanation that would describe why the report was late. From a compliance perspective, the next important step is timely submission of the NT 10-Q and any required accountant exhibits. Without the actual NT 10-Q content, material impact cannot be assessed.