STOCK TITAN

I‑Digital (IONI) notifies SEC of delayed Q1 2026 10‑Q filing

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

Rhea-AI Filing Summary

I- Digital Corp. submitted a Form 12b-25 notice stating it cannot file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 by the prescribed due date of May 15, 2026. The company says it needs additional time to prepare and review the quarter-end financial statements and currently anticipates filing within the additional time allowed by Rule 12b-25.

Positive

  • None.

Negative

  • None.

Insights

Routine late-filing notice under Rule 12b-25; procedural relief requested.

The filing indicates Form 12b-25 was used because the company requires more time to prepare and review financial statements for the quarter ended March 31, 2026. The notice cites Rule 12b-25(b) and states the company anticipates filing within the additional time allowed.

Timing and completeness of the eventual Form 10-Q are the next items to confirm; subsequent filings will state whether the company met the extension window and include the finalized quarter-end financials.

Quarter end March 31, 2026 quarter ended
Original 10-Q due date May 15, 2026 prescribed due date for the Form 10-Q
Form 12b-25 signature date May 15, 2026 date signed by Carlos X. Montoya
Rule 12b-25 regulatory
"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.
Form 10-Q regulatory
"Unable to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026"
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.
reasonable effort or expense regulatory
"could not be filed without unreasonable effort or expense"

 

 

 

    OMB APPROVAL
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

OMB Number: 3235-0058
  Expires: April 30, 2025
  Estimated average burden hours per response............. 2.50
  FORM 12b-25 SEC FILE NUMBER
    CUSIP NUMBER
  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: 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

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

 

I-ON Digital Corp

 

Full Name of Registrant

 

N/A

 

Former Name if Applicable

 

1244 N. Stone Street, Unit 3

 

Address of Principal Executive Office (Street and Number)

 

Chicago, Illinois 60610

 

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 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 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.

 

I-ON Digital Corp. (the “Company”) has determined that it is unable to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Form 10-Q”) by May 15, 2026, the due date for such filing. The Company is unable to file its Form 10-Q within the prescribed time period because it requires additional time to prepare and review its financial statements, including the notes thereto, for the quarter ended March 31, 2026. As a result of this delay, the Company cannot, without unreasonable effort or expense, file its Form 10-Q by the due date of May 15, 2026. The Company currently anticipates that it will file the Form 10-Q within the additional time allowed by this report.

 

PART IV — OTHER INFORMATION

 

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

 

Carlos X. Montoya   866   440-2278
(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.

 

 

 

 

I-ON Digital Corp.

 

(Name of Registrant as Specified in Charter)

 

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

 

Date. May 15, 2026 By /s/ Carlos X. Montoya
    Carlos X. Montoya
    President, Chairman

 

 

 

FAQ

Why did I‑Digital Corp. file a Form 12b-25 for IONI?

The company filed a Form 12b-25 because it could not complete its Form 10-Q for the quarter ended March 31, 2026 by the due date. It states additional time is needed to prepare and review the quarter-end financial statements before filing.

When was the Form 10-Q originally due for the quarter ended March 31, 2026?

The Form 10-Q due date cited in the notice is May 15, 2026. The company reported it could not meet that prescribed due date and expects to use the additional time allowed under Rule 12b-25.

Does the Form 12b-25 say when I‑Digital will file the delayed 10-Q?

The notice states the company currently anticipates filing within the additional time allowed by Rule 12b-25. A specific filing date is not provided in the excerpt; the actual Form 10-Q will show the filing date when submitted.

Will the Form 12b-25 affect I‑Digital’s compliance status?

A Form 12b-25 is a procedural notification that the registrant could not file on time and is seeking the permitted extension. Continued compliance depends on whether the company files the Form 10-Q within the extension period.

Who signed the Form 12b-25 for I‑Digital (IONI)?

The Form 12b-25 is signed by Carlos X. Montoya, identified as President and Chairman, with the signature date shown as May 15, 2026 in the provided excerpt.