[NT 10-Q] Trans American Aquaculture, Inc SEC Filing

Rhea-AI Filing Summary

Trans American Aquaculture, Inc. (GRPS) filed a Form 12b-25, notifying a late filing of its Form 10-Q for the period ended September 30, 2025. The company cites that it has been unable to complete the review process with its auditor.

Form 12b-25 is a standard notice used when a registrant cannot meet a filing deadline. The narrative identifies the audit review as the cause of delay, without additional financial details.

Insights

Disclosure & Reporting Analyst

Administrative filing delay; neutral near-term impact.

Trans American Aquaculture submitted a late-filing notice for its Q3 2025 Form 10-Q, citing inability to complete the auditor review. This is a process-driven disclosure rather than an operational update.

Form 12b-25 signals the company is working through closing and review procedures. The excerpt does not present financial results or guidance changes, so thesis impact is limited based on the provided text.

Rule 12b-25 provides a limited grace period for quarterly filings; actual timing and any subsequent updates would come through the company’s next periodic report or additional disclosures.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

Commission File Number 000-56640

(Check One):

☐ Form 10-K ☐ Form 11-K ☐ Form 20-F ☒ Form 10-Q ☐ Form N-CSR

For Period Ended: September 30, 2025

☐ Transition Report on Form 10-K	☐ Transition Report on Form 10-Q
☐ Transition Report on Form 20-F	☐ Transition Report on Form N-SAR
☐ Transition Report on Form 11-K

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

Full Name of Registrant	Trans American Aquaculture, Inc.
Former Name if Applicable
Address of principal executive office	1022 Shadyside Lane
City, State and Zip Code	Dallas, Texas 75223

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 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 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 complete the review process with the auditor.

PART IV - OTHER INFORMATION

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

Adam Thomas		(972)		358-6037
(Name)		(Area Code)		(Telephone No.)

(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.

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Trans American Aquaculture, Inc.

(Name of Registrant as specified in charter)

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

Date: November 14, 2025	By /s/ Adam Thomas
	Adam Thomas, Chief Executive Officer

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FAQ

What did Trans American Aquaculture (GRPS) file?

Form 12b-25, a Notification of Late Filing, for its quarterly report.

Which report is affected for GRPS?

The Form 10-Q for the period ended September 30, 2025.

Why is the GRPS 10-Q late?

The company states it was unable to complete the review process with the auditor.

What does Rule 12b-25 permit for a 10-Q?

Rule 12b-25 provides that a quarterly report may be filed within five calendar days after the prescribed due date.

Who signed the notification for GRPS?

Adam Thomas, Chief Executive Officer.