Cannabis Suisse delays annual report pending audit
CANNABIS SUISSE CORP.
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.
Key Figures
Form 10-K period end: May 31, 2026
Extension period: 15 calendar days
Notification date: August 31, 2026
+1 more
4 metrics
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
Key Terms
Form 12b-25, Rule 12b-25, Transition Report, Section 13 or 15(d) of the Securities Exchange Act of 1934
4 terms
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.