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Pacific Sports Exchange (PSPX) delays Form 10-Q; files Rule 12b-25 notice

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
NT 10-Q

Rhea-AI Filing Summary

Pacific Sports Exchange Inc. notified the SEC it could not timely file its Form 10-Q for the period ended February 28, 2026 because of delays in obtaining and compiling required information. The company states it expects to file the Form 10-Q on or before the fifteenth calendar day following the prescribed due date. The notification is signed by Huang Hua Shang, Chief Executive Officer and President, dated April 14, 2026.

Positive

  • None.

Negative

  • None.
Period end February 28, 2026 Form 10-Q period end
Notification date April 14, 2026 Date notification signed by CEO
Extension window 15th calendar day Must file on or before the fifteenth calendar day following the prescribed due date under Rule 12b-25
Registrant address 3055 NW YEON AVE, #236, PORTLAND, OR, 97210 Principal executive office address
Contact phone (971) 279-2764 Registrant contact listed on the form
Rule 12b-25 regulatory
"The Registrant is unable to file... In accordance with Rule 12b-25"
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-Q regulatory
"unable to file, without unreasonable effort and expense, its Form 10-Q Quarterly Report for the period ended February 28, 2026"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.
fifteenth calendar day regulatory
"will file its Form 10-Q no later than the fifteenth calendar day following the prescribed due date"

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

 

 

SEC FILE NUMBER

000-56466

CUSIP NUMBER

 

 

 

NOTIFICATION OF LATE FILING

 

(Check one):

☐ Form 10-K

☐ Form 20-F

☐ Form 11-K

☒ Form 10-Q

☐ Form 10-D

☐ Form N-CEN

 

☐ Form N-CSR

 

 

For Period Ended February 28, 2026

 

 

 

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

 

Pacific Sports Exchange Inc.

Full Name of Registrant

 

N/A

Former Name if Applicable

 

3055 NW YEON AVE, #236

Address of Principal Executive Office (Street and Number)

 

PORTLAND, OR, 97210

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, 11-K Form N-CEN 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 of 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 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.

 

The Registrant is unable to file, without unreasonable effort and expense, its Form 10-Q Quarterly Report for the period ended February 28, 2026 due to a delay in obtaining and compiling information required to be included in its Form 10-Q, which delay could not be eliminated by the Registrant without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, it is anticipated that the Registrant will file its Form 10-Q no later than the fifteenth calendar day following the prescribed due date. 

  

(1)

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

 

Huang Hua Shang

 

(971)

 

279-2764

(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). ☒ 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   ☒ 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

 

 

2

 

 

Pacific Sports Exchange 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

April 14, 2026

By

/s/ Huang Hua Shang

 

 

Huang Hua Shang

 

 

Chief Executive Officer and President

 

 

 

3

 

FAQ

Why did PSPX file a Form 12b-25 (NT 10-Q)?

The company could not timely file its Form 10-Q because of delays obtaining and compiling required information. The notification states the delay could not be eliminated without unreasonable effort and expense and cites Rule 12b-25 procedures.

When is PSPX expected to file the delayed Form 10-Q?

Pacific Sports Exchange anticipates filing the Form 10-Q on or before the fifteenth calendar day following the prescribed due date. The notification applies Rule 12b-25(b) to request that extension.

Who signed PSPX's late-filing notification and when?

The notification is signed by Huang Hua Shang, Chief Executive Officer and President, and dated April 14, 2026. The form lists a contact phone number for the registrant.

Does the Form 12b-25 state whether other periodic reports are current?

The form includes a checkbox question about prior 12-month filings; the filing indicates compliance by answering Yes to whether other required periodic reports were filed during the preceding 12 months.

Will PSPX disclose expected changes in results in the delayed filing?

The form asks whether significant changes in results are anticipated and provides space to attach narrative or quantitative explanations; no affirmative narrative of changed results appears in the provided excerpt.