STOCK TITAN

Laredo Oil delays annual report, seeks 15-day extension

Laredo Oil, Inc. (LRDC) notified the SEC that it will file its Annual Report on Form 10-K for the period ended May 31, 2026 late.

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

Rhea-AI Filing Summary

Laredo Oil, Inc. (LRDC) notified the SEC that it will file its Annual Report on Form 10-K for the period ended May 31, 2026 late. The company states that compiling, disseminating and reviewing the required information imposed time constraints that made a timely filing impracticable without undue hardship and expense.

Laredo Oil indicates it is relying on Rule 12b-25 and expects to file the Form 10-K within fifteen calendar days after the prescribed due date. The company also reports that all other required periodic reports over the past 12 months have been filed and that it does not anticipate any significant change in results of operations versus the prior fiscal year in the upcoming 10-K.

Positive

  • None.

Negative

  • None.
Reporting period end May 31, 2026 Period ended for the Annual Report on Form 10-K subject to the NT 10-K
Filing extension period fifteen calendar days Time period within which Laredo Oil expects to file the delayed Form 10-K under Rule 12b-25(b)
Contact phone number (512) 337-1199 Telephone number for Bradley E. Sparks listed for inquiries about the notification
Rule 12b-25 regulatory
"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.
Form 10-K regulatory
"Annual Report on Form 10-K for the relevant annual period"
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.
Notification of Late Filing regulatory
"FORM 12b-25 NOTIFICATION OF LATE FILING"
A notification of late filing is a formal public statement that a company failed to submit a required regulatory report (for example, quarterly or annual financial statements) by the deadline. It matters to investors because missed filings can signal accounting, operational, or governance problems, may lead to fines or trading restrictions, and increases uncertainty about the company's transparency—like a public “we missed the deadline” flag that raises risk for shareholders.
results of operations financial
"any significant change in results of operations from the corresponding period"
"Results of operations" show how well a company is doing over a certain period, like a report card for its business activities. It includes things like sales, profits, and expenses, helping investors see if the company is growing or struggling. This information matters because it helps people decide if they want to invest in or support the company.

FAQ

Why did Laredo Oil, Inc. (LRDC) file an NT 10-K?

Laredo Oil filed an NT 10-K because compiling, disseminating and reviewing the information for its Annual Report on Form 10-K for the period ended May 31, 2026 created time constraints that made timely filing impracticable without undue hardship and expense.

When does Laredo Oil (LRDC) expect to file its delayed Form 10-K?

Laredo Oil states that it will file its Annual Report on Form 10-K for the period ended May 31, 2026 no later than fifteen calendar days after the prescribed due date, relying on the extension provided by Rule 12b-25.

Does Laredo Oil (LRDC) expect significant changes in results of operations in the upcoming 10-K?

No. Laredo Oil answered “No” to whether it anticipates any significant change in results of operations from the corresponding period of the last fiscal year in the earnings statements that will be included in the delayed Form 10-K.

Are Laredo Oil’s (LRDC) other periodic SEC reports up to date?

Yes. Laredo Oil indicated “Yes” to having filed all other periodic reports required under Section 13 or 15(d) of the Exchange Act or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or required shorter period.

Who signed Laredo Oil’s (LRDC) NT 10-K and in what capacity?

The notification was signed on behalf of Laredo Oil, Inc. by Bradley E. Sparks, who is identified in the document as the company’s Chief Financial Officer.

What contact information did Laredo Oil (LRDC) provide for questions about the NT 10-K?

Laredo Oil listed Bradley E. Sparks with telephone number (512) 337-1199 as the contact person for questions regarding the notification of late filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

x Form 10-K   o Form 20-F o Form 11-K o Form 10-Q o Form 10-D o Form N-SAR
o Form N-CSR          

For Period Ended: May 31, 2026

 

o  Transition Report on Form 10-K  
o  Transition Report on Form 20-F  
o  Transition Report on Form 11-K  
o  Transition Report on Form 10-Q  
o  Transition Report on Form NSAR  

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

 

LAREDO OIL, INC.

Full Name of Registrant

 

______________________________________________________________ 

Former Name if Applicable

 

2021 Guadalupe Street, Ste. 260

Address of Principal Executive Office (Street and Number)

 

Austin, Texas 78705

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.)

 

x

 

(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, 20-F, 11-K, Form N-SAR 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 reasons why Form 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.

 

The compilation, dissemination and review of the information required to be presented in the Annual Report on Form 10-K for the relevant annual period has imposed time constraints that have rendered timely filing of the Annual Report on Form 10-K impracticable without undue hardship and expense to the registrant.  The registrant undertakes the responsibility to file such Annual Report on From 10-K no later than fifteen calendar days after its prescribed due date.

 

PART IV -- OTHER INFORMATION

 

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

 

Bradley E. Sparks    (512)  337-1199
 (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 the answer is no, identify report(s). Yes x 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 x

 

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.

 


 

Laredo Oil, 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:  August 31, 2026  By: /s/ Bradley E. Sparks  
    By: Bradley E. Sparks  
    Title: Chief Financial Officer