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Dream Homes (DREM) submits 12b-25 notifying late Form 10-Q filing, May 15, 2026

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Dream Homes & Development Corporation notified the SEC that its Form 10-Q for the period ended March 31, 2026 will be filed late under Rule 12b-25 because the company is still compiling required information. The notification was signed on May 15, 2026.

The filing states the company is awaiting information needed to complete the report and indicates the registrant checked the procedural relief options available under Rule 12b-25. A contact for the notification is provided: Chris Dieterich, Esq., (310) 312-6888.

Positive

  • None.

Negative

  • None.

Insights

Procedural late‑filing notice under Rule 12b-25; timing and completeness are the main issues.

The submission states the Form 10-Q for the period ended March 31, 2026 is not yet complete because the company is "compiling information" required for the report. The notification invokes Rule 12b-25 relief and includes a signed attestation dated May 15, 2026.

Outcomes depend on whether the company meets any specified cure period (the form references the Rule's cure windows of fifteen and five calendar days); subsequent filings will show if the 10-Q is filed within those windows or if further disclosures follow.

Report period March 31, 2026 Period Ended for the delayed Form 10-Q
Notification date May 15, 2026 Date the 12b-25 notice was signed
Cure period (annual reports) 15 calendar days Rule 12b-25 cure period language for annual reports
Cure period (quarterly reports) 5 calendar days Rule 12b-25 cure period language for quarterly reports
Rule 12b-25 regulatory
"If the subject report could not be filed without reasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25"
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
"The Registrant is in the process of compiling information for the year ending March 31, 2026 for the Form 10-Q"
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.
Registrant other
"Full Name of Registrant: Dream Homes & Development Corporation"

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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-SAR
  ☐ Form N-CSR

 

For the Period Ended: March 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

 

Full Name of Registrant: Dream Homes & Development Corporation.

 

Former Name, if Applicable: Virtual Learning Company Inc.

Address of Principal Executive Office (Street and Number):

 

314 South Main Street

Forked River, NJ 08731

 

 

 

 

 

 

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

 

If the subject report could not be filed without reasonable 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 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 or 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

 

The Registrant is in the process of compiling information for the year ending March 31, 2026 for the Form 10-Q, all of which information has not yet been received.

 

PART IV - OTHER INFORMATION

 

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

 

Chris Dieterich, Esq.: (310) 312-6888.

 

(2) Have all or other periodic report 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

 

 

 

 

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

 

Dream Homes & Development Corporation

 

Vincent Simonelli, President

Dream Homes & Development Corporation

314 South Main St. Forked River, NJ 08731

609-693-8881

 

Dated: May 15, 2026

 

ATTENTION

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

 

 

 

 

 

FAQ

What does Dream Homes' NT 10-Q (Form 12b-25) say about the reporting delay for DREM?

It states the Form 10-Q for the period ended March 31, 2026 will be late while the company compiles required information. The notice was signed on May 15, 2026 and provides a contact for follow-up.

How long after the prescribed due date does Rule 12b-25 allow to file?

Rule 12b-25 references a cure period of fifteen calendar days for annual reports and five calendar days for quarterly reports. The filing cites those procedural timing options in the form language.

Who can investors contact about Dream Homes' late 10-Q (DREM)?

The notice lists Chris Dieterich, Esq. with phone (310) 312-6888 and the company contact Vincent Simonelli, President, with phone 609-693-8881 for questions about the filing.

Does the 12b-25 notice indicate material changes to results for Dream Homes (DREM)?

The form asks whether significant changes in results are expected and the corresponding checkbox is present; the provided excerpt does not state that significant changes will or will not be reflected in the report.

What does signing a Rule 12b-25 notice imply for Dream Homes' reporting status?

Filing a 12b-25 notifies the Commission of a late periodic report and preserves procedural relief while the company completes the report. It does not itself file the underlying Form 10-Q or change substantive disclosure obligations.