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Cannabis Suisse delays annual report pending audit

CANNABIS SUISSE CORP.

(Very High)
(Negative)
Form Type
NT 10-K

Rhea-AI Filing Summary

CANNABIS SUISSE CORP. (CSUI) notified the SEC that it will file its Form 10-K for the period ended May 31, 2026 late, using a Form 12b-25 extension. The company states that its outside auditors have not yet completed work on compiling the financial information required for the Form 10-K, and it expects to complete this work and file the report within the allowed extended period of up to fifteen calendar days after the original due date.

Positive

  • None.

Negative

  • Annual report 10-K delayed for the period ended May 31, 2026 due to incomplete auditor work, with filing expected within the Rule 12b-25 extension window of up to 15 days after the original deadline.
Form 10-K period end May 31, 2026 Period ended for the annual report subject to the late filing notice
Extension period 15 calendar days Maximum additional time to file the Form 10-K under Rule 12b-25
Notification date August 31, 2026 Date the NT 10-K was signed by the CEO
Contact telephone 609-332-1791 Telephone number for John Thomas, the contact regarding the notification
Form 12b-25 regulatory
"FORM 12b-25 NOTIFICATION OF LATE FILING"
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.
Rule 12b-25 regulatory
"If the subject report could not be filed without unreasonable effort or expense"
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.
Transition Report regulatory
"Transition Report on Form 10-K Transition Report on Form 20-F"
Section 13 or 15(d) of the Securities Exchange Act of 1934 regulatory
"Have all other periodic reports required under section 13 or 15(d)"

FAQ

Why did CANNABIS SUISSE CORP. (CSUI) file a Form 12b-25?

CANNABIS SUISSE CORP. filed Form 12b-25 because its outside auditors have not completed work compiling the financial information required for its Form 10-K for the period ended May 31, 2026. The company expects to finish and file within the extended deadline.

Which report is delayed for CSUI in this NT 10-K filing?

The delayed report is CANNABIS SUISSE CORP.’s Form 10-K for the period ended May 31, 2026. The company has requested a short extension under Rule 12b-25 to complete auditor work and file the annual report.

How much extra time does CSUI have to file its Form 10-K?

Under Rule 12b-25, CANNABIS SUISSE CORP. indicates that the Form 10-K will be filed within up to 15 calendar days after the prescribed due date for the annual report.

What reason does CSUI give for not filing its Form 10-K on time?

CANNABIS SUISSE CORP. states that its outside auditors have not completed their work in connection with compiling the financial information that is part of the Form 10-K, preventing timely filing without unreasonable effort or expense.

Who signed the late filing notification for CSUI and when?

The notification was signed on behalf of CANNABIS SUISSE CORP. by Scott McAlister, CEO, dated August 31, 2026.

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

 

SEC FILE NUMBER

000-56678

 

FORM 12b-25

NOTIFICATION OF LATE FILING

 

(Check One):

Form 10-K Form 20-F Form 11-K Form 10-Q Form N-SAR Form N-CSR

 

For Period Ended: May 31, 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

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

 

Cannabis Suisse Corp.

Full Name of Registrant

 

NOT APPLICABLE

Former Name if Applicable

 

10 North Newnan Street, Suite A

Address of Principal Executive Offices (Street and Number)

 

Jacksonville, FL 32202

(City, State and Zip Code)

 

NOT APPLICABLE

(Former name, former address and former fiscal year, if changed since last report)

 


 

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-(b), the following should be completed. (Check box, if appropriate)

 

 

(a)

The reasons 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, 11-K or Form N- SAR, 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 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 Form 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof could not be file within the prescribed time period.

 

Our outside auditors have not completed their work in connection with compiling the financial information that is a part of the Form 10-K. It is expected that the work will be completed within the extended filing period.

 

PART IV - OTHER INFORMATION

 

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

 

John Thomas

 

609

 

332-1791

(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 the 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.

 

 

 


 

Cannabis Suisse Corp.

(Name of Registrant as Specified in Charter)

 

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

 

Date: August 31, 2026

By:

/s/ Scott McAlister

 

 

Scott McAlister

 

 

CEO