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Classover Holdings (KIDZ) delays 2025 Form 10‑K; revenue down 8% (NT 10‑K)

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

Rhea-AI Filing Summary

Classover Holdings, Inc. filed a Form 12b-25 notifying the SEC it cannot timely file its Annual Report on Form 10‑K for the year ended December 31, 2025 because completing the report would cause "unreasonable effort and expense." The company cites recent corporate actions, including a reverse split, as the primary reason and states it needs additional time to compile and process information.

The company expects total revenue to be approximately $3,366,000 for the year ended December 31, 2025, a decrease of about $309,000 (8%) from $3,675,000 for 2024. Net loss is expected to increase by about $843,000 from $(6,202,000) to $(7,045,000). The notification was signed by CFO Yanling Peng on March 31, 2026.

Positive

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Negative

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Insights

NT 10‑K cites corporate actions (reverse split) and additional processing time; financial impact disclosed.

The filing states the company cannot timely file its Annual Report on Form 10‑K for the year ended December 31, 2025 due to recent corporate actions, including a reverse split, requiring extra compilation and validation steps before completion.

Reported preliminary figures show revenue of $3,366,000 (8% decline) and an increased net loss of $(7,045,000). Subsequent periodic filings should provide audited figures; timing is described as additional time needed but not specified further.

2025 Revenue (expected) $3,366,000 year ended December 31, 2025
Revenue change vs 2024 $309,000 (8%) decline from $3,675,000 in 2024 to $3,366,000 in 2025
2025 Net Loss (expected) $(7,045,000) year ended December 31, 2025
Net Loss change vs 2024 $843,000 increase from $(6,202,000) to $(7,045,000)
Rule 12b-25 regulatory
"unable to file its Annual Report on Form 10-K without unreasonable effort"
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.
NT 10-K / Form 12b-25 regulatory
"NOTIFICATION OF LATE FILING"
reverse split financial
"recently completed several corporate actions, including a reverse split"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.

 

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

OMB APPROVAL

 

 

OMB Number:

3235-0058

 

FORM 12b-25

Expires:

September 30, 2028

 

Estimated average burden

 

Hours per form

2.50

 

 

NOTIFICATION OF LATE FILING

SEC FILE NUMBER

 

 

001-42588

 

 

 

CUSIP NUMBER

 

 

182744 201

 

(Check One):

☒     Form 10-K          ☐ Form 20-F        ☐    Form 11-K          ☐ Form 10-Q        ☐    Form 10-D        ☐    Form N-SAR        ☐    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: ________________

 

Read Instructions (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: N/A

 

 

PART I – REGISTRANT INFORMATION

 

Classover Holdings, Inc.

Full Name of Registrant

 

N/A

Former Name if Applicable

 

450 7th Avenue, Suite 905

Address of Principal Executive Office (Street and Number)

 

New York, New York 10123

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 Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form-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 reasons why the Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra sheets if needed)

 

Classover Holdings, Inc.  (the “Company”) is unable to file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”) within the prescribed time period without unreasonable effort and expense to the Company. The Company requires additional time to compile and process the information necessary for the completion of the Form 10-K as the Company has recently completed several corporate actions, including a reverse split, resulting in the need for additional time to complete the Form 10-K. 

 

PART IV – OTHER INFORMATION

 

(1)

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

 

 

Yanling Peng

 

(800)

 

345-9588

 

(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

 

 

 

 

It is excepted that the Company’s total revenue will decrease by approximately $309,000, or 8%, from approximately $3,675,000 for the year ended December 31, 2024, to $3,366,000 for the year ended December 31, 2025. Net loss is expected to increase by approximately $843,000 from approximately $(6,202,000) to approximately $(7,045,000).

 

 
2

 

 

Classover Holdings, Inc.

(Name of Registrant as Specified in Charter)

 

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

 

Date: March 31, 2026

By:

/s/ Yanling Peng

 

 

 

Yanling Peng, Chief Financial 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).

 

 
3

FAQ

Why did Classover Holdings (KIDZ) file an NT 10-K?

They filed an NT 10‑K because they cannot timely complete the Form 10‑K without "unreasonable effort and expense." The company cites recent corporate actions, including a reverse split, that require extra time to compile and process required information.

What financial changes does Classover expect for 2025 vs. 2024?

Classover expects revenue of approximately $3,366,000 for 2025, down about $309,000 (8%) from $3,675,000 in 2024. Net loss is expected to increase by about $843,000 to $(7,045,000) for 2025.

Who signed the NT 10-K for Classover Holdings (KIDZ)?

The NT 10‑K was signed by Chief Financial Officer Yanling Peng on March 31, 2026, as the authorized representative filing the notification on the company's behalf.

Will Classover still file its Form 10-K and when?

The company states it requires additional time to complete the Form 10‑K and seeks relief under Rule 12b‑25; the filing does not provide a specific final filing date or timeline for the completed Form 10‑K.