Late SEC reports put Syntec Optics (OPTX) on Nasdaq deadline

Rhea-AI Filing Summary

Syntec Optics Holdings, Inc. reported that it remains delayed in filing its 2024 Form 10-K and its Form 10-Q reports for the quarters ended March 31, 2025 and June 30, 2025. Nasdaq has granted an exception period for the company to regain compliance with all delinquent filings for up to 180 calendar days from the due date of the initial delinquent filing, or October 13, 2025. The company states that its auditors have substantially completed their procedures, with remaining work focused on final engagement quality review and national office quality control comments. Once these reviews are finalized, Syntec Optics expects the administrative steps and approvals needed to file the Form 10-K and both Form 10-Qs to be completed within about two additional days, and it indicates it is working closely with its auditors to complete the process as soon as practicable.

Positive

• None.

Negative

• Nasdaq compliance risk from delinquent filings: Syntec Optics is late on its 2024 Form 10-K and its Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025, and must regain compliance within a Nasdaq exception period that runs until October 13, 2025.

Insights

Equity & Listing Standards Analyst

Nasdaq grants Syntec Optics a dated window to clear late SEC filings.

Syntec Optics Holdings, Inc. discloses that it is behind on its Form 10-K for the year ended December 31, 2024 and its Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025. Under Nasdaq rules, this delay triggered a listing compliance issue, and the company now operates under an exception period that runs up to October 13, 2025, measured as 180 days from the due date of the initial delinquent filing.

The company notes that its auditors have “substantially completed” their procedures, with remaining work tied to engagement quality review and national office quality control comments. It further states that, once these reviews are done, it expects to complete the remaining administrative steps and approvals to file the Form 10-K and both Form 10-Qs within about two additional days. The update signals that the key variable for its Nasdaq compliance is completing these final audit and review steps within the exception window defined by Nasdaq’s rules.

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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): September 24, 2025 (September 24, 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.

As previously disclosed on September 16, 2025, Syntec Optics Holdings, Inc. (the “Company”) is delayed in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025. NASDAQ 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’s auditors have substantially completed their procedures for these periods. The remaining steps primarily relate to the final engagement quality review of the forms, and final subject matter comments from national office QC. Once these reviews are finalized, the Company anticipates that the remaining administrative tasks and approvals necessary to simultaneously file the Form 10-K and Form 10-Qs will be concluded within two additional days. The Company is working diligently with its auditors on daily calls to complete the process as soon as practicable and will promptly file the reports once the final steps are complete.

Item 9.01 Financial Statement and Exhibits.

(d) Exhibits

Exhibit
Number		Description
99.1		Press release dated September 24, 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 24, 2025	Name:	Al Kapoor
	Title:	Chief Executive Officer

FAQ

What did Syntec Optics (OPTX) disclose about its Nasdaq listing status?

The company reported a Nasdaq listing compliance issue because it is delayed in filing its 2024 Form 10-K and its Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025, and it described the terms of a Nasdaq exception period to address these delinquencies.

Which SEC reports is Syntec Optics (OPTX) late in filing?

Syntec Optics is delayed in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025.

How long does Syntec Optics have to regain Nasdaq filing compliance?

Nasdaq has allowed an exception period of up to 180 calendar days from the due date of the initial delinquent filing, ending on October 13, 2025, for the company to regain compliance by completing all delinquent filings.

What progress have Syntec Optics' auditors made on the late filings?

The company states its auditors have substantially completed their procedures for the affected periods, with remaining work focused on final engagement quality review and national office quality control comments.

When does Syntec Optics expect to file its delayed 10-K and 10-Qs?

Syntec Optics indicates that once the final engagement quality review and national office quality control comments are completed, it anticipates finishing the administrative tasks and approvals to simultaneously file the Form 10-K and both Form 10-Qs within about two additional days.

How is Syntec Optics working to complete its SEC filings?

The company notes it is working diligently with its auditors, including daily calls, to complete the remaining review steps and will promptly file the reports once those final steps are finished.