Nasdaq cites late reports at Syntec Optics Holdings (NASDAQ: OPTX)

Rhea-AI Filing Summary

Syntec Optics Holdings reported that Nasdaq has sent another delinquency notice because the company has not filed its Form 10-K for the year ended December 31, 2024 and its Forms 10-Q for the quarters ended March 31, 2025 and June 30, 2025, leaving it out of compliance with Nasdaq Listing Rule 5250(c)(1).

Nasdaq previously granted an exception through October 13, 2025 to allow Syntec Optics to become current on all these reports. The company plans to submit an updated compliance plan by September 5, 2025 and held an audit committee meeting on September 4, 2025 that approved filing the 10-K after auditors presented their results. Another audit committee meeting is scheduled for September 11, 2025 for the two 10-Qs, and the company is targeting September 15, 2025 to file the 10-K and both 10-Qs to regain compliance.

Positive

• None.

Negative

• Syntec Optics is currently out of compliance with Nasdaq Listing Rule 5250(c)(1) due to missing its Form 10-K for the year ended December 31, 2024 and two Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025, prompting an additional delinquency notice from Nasdaq.

Insights

Equity & Listing-Standards Analyst

Syntec Optics faces Nasdaq non-compliance but outlines a near-term filing plan.

Syntec Optics Holdings discloses it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not filed its Form 10-K for the year ended December 31, 2024 and Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025. Nasdaq’s additional delinquency letter on August 29, 2025 heightens attention to the company’s reporting controls and financial reporting timetable.

Nasdaq had already granted an exception running up to October 13, 2025, which is 180 days from the 10-K due date, to allow all delinquent filings to be completed. The company states it will provide an updated plan by September 5, 2025, and describes concrete steps: an audit committee meeting on September 4, 2025 where auditors presented 10-K audit results and the committee approved that filing, plus a scheduled meeting on September 11, 2025 for the two 10-Qs.

The company is targeting September 15, 2025 to file the 10-K and both 10-Qs to regain compliance within Nasdaq’s exception period. From an investor perspective, the key dependency is whether these targeted dates are met, since timely completion of all three reports within the window will determine whether the company can resolve its current non-compliance under the existing Nasdaq timeline.

8-K Event Classification

2 items: 3.01, 9.01

2 items

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice or transferred its listing to a different exchange.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): Sept 4, 2025 (Aug 29, 2025)

SYNTEC OPTICS HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-41034		87-0816957
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

515 Lee Rd.

Rochester, NY 14606

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code:

(585) 768-2513

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class:		Trading Symbol(s)		Name of Each Exchange on Which Registered:
Common stock, par value $0.0001 per share		OPTX		The Nasdaq Capital Market
Redeemable warrants, exercisable for common stock at an exercise price of $11.50 per share, subject to adjustment		OPTXW		The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On August 29, 2025, Syntec Optics Holdings, Inc. (the “Company”) received an additional delinquency notification letter from the Nasdaq Listing Qualifications (“Nasdaq”) notifying the Company that because it has not filed Company’s Form 10-Q for the period ended June 30, 2025 and it remains delinquent in filing its Form 10-K for the period ended December 31, 2024 and its Form 10-Q for the period ended March 31, 2025, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1).

Previously, Nasdaq had granted the Company an exception until August 20, 2025, to file its delinquent Form 10-K for the year ended December 31, 2024 (the “Initial Delinquent Filing”), and its delinquent Form 10-Q for the period ended March 31, 2025 (the “March 10-Q”). An additional exception will be allowed to enable the Company to regain compliance with all delinquent filings, but only for a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13, 2025.

The Company is submitting to Nasdaq an updated plan by September 5, 2025, to regain compliance with the filing requirement within the specified period. The update will be as definitive as possible, including plans to file the Initial Delinquent Filing and the two 10-Qs, and detailing the progress the Company has made. An audit committee meeting was held on September 4, 2025. The auditors presented the 10-K audit results and communication. As a result, the audit committee approved the filing of the 10-K. A similar audit committee meeting has been scheduled for September 11, 2025, for the audit results and communication for the two 10-Qs. The company is targeting the filing of the 10-K and the two 10-Qs together on September 15, 2025, to regain compliance.

Item 9.01 Financial Statement and Exhibits.

(d) Exhibits

Exhibit
Number		Description
99.1		Press release dated September 04, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	SYNTEC OPTICS HOLDINGS, INC.
	By:	/s/ Al Kapoor
Date: September 4, 2025	Name:	Al Kapoor
	Title:	Chief Executive Officer

FAQ

Why did Syntec Optics Holdings (OPTX) receive another Nasdaq delinquency notice?

Syntec Optics received an additional Nasdaq notice because it has not filed its Form 10-K for the year ended December 31, 2024 and remains delinquent on its Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025, leaving it out of compliance with Nasdaq Listing Rule 5250(c)(1).

Which SEC reports is Syntec Optics Holdings (OPTX) currently delinquent on?

The company is delinquent on its Form 10-K for the year ended December 31, 2024 and its Form 10-Qs for the periods ended March 31, 2025 and June 30, 2025.

What deadline has Nasdaq set for Syntec Optics Holdings (OPTX) to regain filing compliance?

Nasdaq has allowed an exception for Syntec Optics to regain compliance with all delinquent SEC filings for a maximum of 180 calendar days from the due date of the initial delinquent Form 10-K, which runs through October 13, 2025.

What is Syntec Optics Holdings' plan to address its late SEC filings?

Syntec Optics plans to submit an updated compliance plan to Nasdaq by September 5, 2025, has already held an audit committee meeting on September 4, 2025 approving the 10-K filing, scheduled another meeting on September 11, 2025 for the two 10-Qs, and is targeting September 15, 2025 to file all three reports.

What role did the audit committee play in Syntec Optics Holdings' delayed filings?

At a meeting on September 4, 2025, the audit committee received the auditors’ Form 10-K audit results and related communication and approved filing the 10-K. A similar audit committee meeting is scheduled for September 11, 2025 to review audit results and communication for the two delinquent 10-Qs.

Which Syntec Optics securities are listed on Nasdaq?

Syntec Optics lists its common stock, par value $0.0001 per share, under the symbol OPTX and its redeemable warrants, exercisable for common stock at an exercise price of $11.50 per share (subject to adjustment), under the symbol OPTXW on The Nasdaq Capital Market.