Nongfu Shop Digital New Retail Co., LTD notified the SEC on Form 12b-25 that its Form 10-K for the period ended December 31, 2025 will be late. The company states the delay is due to a delay in the preparation of its financial statements. The notice is signed by CEO Daohong Yuan on March 31, 2026.
Nongfu Shop Digital New Retail Co., Ltd. (NFSN) filed its Q3 2025 report showing it remains a shell company with no assets, no cash and no revenue. For the nine months ended September 30, 2025, it recorded a net loss of $26,878, reducing stockholders’ deficit to $173,331 and an accumulated deficit of $3,742,380. All 189,120,068 outstanding common shares are unchanged, and operations consist only of public-company compliance costs.
The company discloses “substantial doubt” about its ability to continue as a going concern and relies on related-party funding, with amounts due to its former and current CEOs totaling $165,760 as of September 30, 2025. Management plans a 1-for-20 reverse stock split once an already-approved charter amendment is filed, currently targeted for the second quarter of 2026, and continues to search for an operating business to acquire. The report also notes delayed U.S. tax filings for 2023 and 2024, potential information return penalties, and material weaknesses in internal control over financial reporting.
Nongfu Shop Digital New Retail Co., Ltd (NFSN) filed a notice that its annual report on Form 10-K for the period ended September 30, 2025 will be filed late. The company explains that it is delayed because the preparation of its financial statements is taking longer than expected. Under this notice, the company indicates that it expects to file the Form 10-K within the permitted extension period after the original deadline. The notification is signed by Chief Executive Officer Daohong Yuan, confirming the company’s intent to complete and submit the report once the financial statements are finalized.