STOCK TITAN

PAXH 10-Q delayed; filing expected within five days under 12b-25

(High)
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

PreAxia Health Care Payment Systems Inc. (PAXH) filed a Notification of Late Filing (Form 12b-25) for its Form 10-Q for the period ended August 31, 2025. The company says it is still compiling information needed for its auditors to complete their review. Under Rule 12b-25(b), the 10-Q is expected to be filed on or before the fifth calendar day after the due date. The company indicates all other required periodic reports over the past 12 months have been filed and it does not anticipate a significant change in results of operations.

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Negative

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FAQ

What did PreAxia (PAXH) file?

A Form 12b-25 (NT 10-Q) notifying a late quarterly filing.

Which period does the delayed 10-Q cover for PAXH?

The quarter ended August 31, 2025.

Why was the PAXH 10-Q delayed?

The company is still compiling information for auditors to complete their review.

When does PAXH expect to file the 10-Q?

On or before the fifth calendar day following the original due date, per Rule 12b-25(b).

Does PAXH expect significant changes in results?

No, it does not anticipate a significant change in results of operations.

Is PAXH current on other SEC reports?

Yes, it indicates all other periodic reports over the past 12 months have been filed.

Who signed the notification for PAXH?

Tom Zapatinas, Chief Executive Officer.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

OMB APPROVAL

OMB Number: 3235-0058

 
SEC FILE NUMBER
000-52365
 
CUSIP NUMBER
74007P 10 2

(Check one):

[           ] Form 10-K    [           ] Form 20-F    [           ] Form 11-K [X] Form 10-Q    [           ] Form 10-D    [           ] Form N-CEN    [           ] Form N-CSR

For Period Ended: August 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

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

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.
Full Name of Registrant

N/A
Former Name if Applicable

PO Box 368
Address of Principal Executive Office (Street and Number)

Dunedin, FL 34697-0368
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 or Form N-SAR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 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.

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PART III — NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q,10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

We are unable to file, without unreasonable effort and expense, our quarterly report on Form 10-Q for the period ended August 31, 2025 because we are still compiling information for our Form 10-Q in order for our auditors to complete their review of the financial statements.

PART IV — OTHER INFORMATION

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

 

  Tom Zapatina 403 850-4120
  (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).

[X] 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 [X] No

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.

 

PREAXIA HEALTH CARE PAYMENT SYSTEMS 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: October 15, 2025 By: /s/ Tom Zapatinas
    Tom Zapatinas
  Title: Chief Executive Officer

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