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Greenlit Ventures (GLVT) files Rule 12b-25 for late 2025 10-K filing

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

Rhea-AI Filing Summary

Greenlit Ventures Inc. notified the SEC that its Form 10-K for the period ended December 31, 2025 could not be filed on time because the company had difficulties finalizing audit materials that "could not be eliminated without unreasonable effort or expense." The company executed a Rule 12b-25 notification dated April 1, 2026.

Positive

  • None.

Negative

  • None.
Period ended December 31, 2025 Form 10-K reporting period
Notification signed April 1, 2026 Rule 12b-25 signature date
Relief window (annual reports) 15 calendar days Rule 12b-25 allowance referenced in form
Relief window (quarterly reports) 5 calendar days Rule 12b-25 allowance referenced in form
Contact phone (208) 639-9860 Part IV contact provided
Rule 12b-25 regulatory
"The Registrant’s Form 10-K for the year ended December 31, 2025 could not be filed"
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-K financial
"The Registrant’s Form 10-K for the year ended December 31, 2025"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
transition report regulatory
"Transition Report on Form 10-K Transition Report on Form 20-F"

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: December 31, 2025

 

☐     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

 

Greenlit Ventures Inc.

Full Name of Registrant

 

9169 W State St#3147

Address of Principal Executive Office (Street and Number)

 

Garden City, ID

City, State and Zip Code

 

 

 

 

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

 

The Registrant’s Form 10-K for the year ended December 31, 2025 could not be filed within the prescribed time period due to difficulties finalizing the materials required to complete the Registrant’s audit, which could not be eliminated without unreasonable effort or expense.

 

PART IV—OTHER INFORMATION

 

(1)

Name and telephone number of person to contact with regard to this notification.

 

Fu Yong Nan

 

(208)

 

639-9860

(Name)

 

(Area Code)

 

(Telephone Number)

 

(2)

Have all other periodic reports required under Section 13 or 15(d) or 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 reason why a reasonable estimate of the results cannot be made.

 

 

2

 

 

Greenlit Ventures Inc.

(Name of Registrant as Specified in Charter)

 

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

 

Date:  April 1, 2026

By:

/s/ Fu Yong Nan

 

 

Fu Yong Nan

 

 

 

Chief Executive Officer

 

 

 

3

FAQ

Why did Greenlit Ventures (GLVT) file a Form 12b-25 for its 2025 10-K?

The company cites difficulties finalizing audit materials that "could not be eliminated without unreasonable effort or expense." The notice states the issue prevented timely filing of the Form 10-K for the period ended December 31, 2025.

When was the Rule 12b-25 notification from GLVT signed?

The notification was signed by CEO Fu Yong Nan on April 1, 2026. The signature certifies the company submitted a formal notice of a late Form 10-K filing under Rule 12b-25.

Does the 12b-25 notice state when the Form 10-K will be filed?

The notice references the relief framework in Rule 12b-25, including the fifteenth calendar day allowance for annual reports, but the document itself does not specify an exact filing date for the Form 10-K.

Has Greenlit Ventures filed other required periodic reports in the last 12 months?

The form includes the standard question about other periodic reports; the provided excerpt marks the question but does not include the company’s checked response in the text provided.

Who is the contact listed on Greenlit Ventures' 12b-25 notice?

The contact listed is Fu Yong Nan with telephone number (208) 639-9860, shown in the Part IV contact block of the Rule 12b-25 notification.