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Greenland Mines Ltd (GRML) seeks extension for Q2 2026 Form 10-Q filing

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

Rhea-AI Filing Summary

Greenland Mines Ltd notified the SEC that it will file its Quarterly Report on Form 10-Q for the period ended June 30, 2026 after the prescribed deadline. The company cites the time required to complete final revisions and to coordinate preparation and inclusion of exhibits as reasons for the delay.

Greenland Mines indicates it is relying on Rule 12b-25, which allows it to file the delayed Form 10-Q within five calendar days after the original due date without being deemed late.

Positive

  • None.

Negative

  • Form 10-Q filing delayed for the quarter ended June 30, 2026, relying on Rule 12b-25 due to time needed for final revisions and exhibit preparation.

Filing Explained

This August 14 notification is not the June 30 quarterly report; it records that Greenland Mines has not yet filed its Form 10-Q, so this filing supplies no interim financial statements or liquidity update for that quarter.

Quarter end date June 30, 2026 Period ended for the delayed Quarterly Report on Form 10-Q
Extension period five calendar days Maximum time allowed to file the Form 10-Q under Rule 12b-25
Rule 12b-25 regulatory
"If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b)"
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.
Quarterly Report on Form 10-Q regulatory
"The Company has been unable to file its Quarterly Report on Form 10-Q within the prescribed time period"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.
unreasonable effort or expense regulatory
"could not be filed within the prescribed time period without unreasonable effort or expense"

FAQ

Why did Greenland Mines Ltd (GRML) file a Form 12b-25 for its 10-Q?

Greenland Mines Ltd filed Form 12b-25 because it could not file its Quarterly Report on Form 10-Q on time. The company cites extra time needed for final revisions and coordinating the preparation and inclusion of exhibits.

Which period does Greenland Mines Ltd’s (GRML) delayed Form 10-Q cover?

The delayed Form 10-Q for Greenland Mines Ltd covers the period ended June 30, 2026. The company expects to complete revisions and exhibit preparation before using the full five-day extension permitted under Rule 12b-25.

How long an extension does Greenland Mines Ltd (GRML) get under Rule 12b-25?

Under Rule 12b-25, Greenland Mines Ltd may file its Form 10-Q within five calendar days after the original due date. The company indicates it intends to rely on this extension for the quarter ended June 30, 2026.

Does Greenland Mines Ltd (GRML) expect significant changes in results of operations?

The company’s Form 12b-25 asks whether a significant change in results of operations is anticipated. The checkbox is shown but a selected response is not clearly visible in the provided text excerpt.

Who signed Greenland Mines Ltd’s (GRML) Form 12b-25 notification?

The Form 12b-25 notification for Greenland Mines Ltd was signed by Joseph A. Sinkule, Chief Executive Officer, dated August 14, 2026, indicating authorization of the late-filing notification on behalf of the registrant.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 12b-25

 

  NOTIFICATION OF LATE FILING SEC FILE NUMBER
    001-41340
     
    CUSIP NUMBER
    758083 109

  

(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:        June 30, 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

 

For the Transition Period Ended: _______________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

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

 

Greenland Mines Ltd

Full Name of Registrant

 

Former Name if Applicable

 

1300 South Boulevard, Suite D

Address of Principal Executive Office (Street and Number)

 

Charlotte, NC 28203

City, State and Zip Code

 

 

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-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, semi-annual report, transition report on Form10-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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

The Company has been unable to file its Quarterly Report on Form 10-Q within the prescribed time period without unreasonable effort or expense due to the time required to complete final revisions to the Report and coordinate the preparation and inclusion of exhibits for filing.

 

PART IV – OTHER INFORMATION

 

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

 

  Paul Goodman   (347)   379-4627
  (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 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.

 

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Greenland Mines Ltd 

(Name of Registrant as Specified in Charter)

 

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

 

Date : August 14, 2026 By:  /s/ Joseph A. Sinkule
    Name:  Joseph A. Sinkule
    Title: Chief Executive Officer

  

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative’s authority to sign on behalf of the registrant shall be filed with the form.

 

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

 

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