PowerDyne (PWDY) delays 2025 Form 10-K; plans April 15, 2026 filing
Filing Impact
Filing Sentiment
Form Type
NT 10-K
Rhea-AI Filing Summary
PowerDyne International, Inc. notified the SEC that it cannot file its Annual Report on Form 10-K for the year ended December 31, 2025 by the smaller-reporting-company deadline of March 31, 2026 due to delays completing financial statements and the independent auditor's review. The company states it anticipates filing the Annual Report no later than the fifteenth calendar day following the prescribed due date, April 15, 2026.
Positive
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Negative
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Key Figures
Period ended: December 31, 2025
Prescribed filing deadline: March 31, 2026
Anticipated filing date: April 15, 2026
+2 more
5 metrics
Period ended
December 31, 2025
Annual Report period end
Prescribed filing deadline
March 31, 2026
smaller reporting company deadline
Anticipated filing date
April 15, 2026
fifteenth calendar day following prescribed due date
Annual report years referenced
2025 and 2024
financial statements being compiled
Contact telephone
401-739-3300
company contact provided on the form
Key Terms
Rule 12b-25, Form 10-K, smaller reporting company
3 terms
Rule 12b-25 regulatory
"If the subject report could not be filed without unreasonable effort or expense"
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-K regulatory
"unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
smaller reporting company regulatory
"filing deadline applicable to smaller reporting companies"
A smaller reporting company is a publicly traded firm that meets regulatory size tests allowing it to provide abbreviated financial disclosures and compliance filings compared with larger companies. For investors, that means financial statements and notes may be less detailed, which can make it harder to compare performance or spot risks—think of reading a short summary instead of a full report when deciding whether to buy or hold a stock.
FAQ
Why did PowerDyne (PWDY) file a Form 12b-25?
PowerDyne filed Form 12b-25 because it could not complete audited financial statements and related disclosures in time. The company cites a delay in compiling financials and needs additional time for its independent registered public accounting firm's review before filing the Form 10-K.
When does PWDY expect to file the delayed 2025 Form 10-K?
PowerDyne expects to file the Annual Report by the fifteenth calendar day after the missed deadline, which is April 15, 2026. That date is stated as the target for completing the required financial statements and auditor review.
Does the Form 12b-25 indicate material changes to PowerDyne's results?
The filing does not state material changes to results of operations. The form asks whether significant changes are anticipated and the company left that response blank in the excerpt; no earnings or material-change figures are provided in the notification.
What does the March 31, 2026 deadline mean for smaller reporting companies like PWDY?
March 31, 2026 is the prescribed filing deadline referenced for smaller reporting companies. PowerDyne states it missed that deadline and is relying on Rule 12b-25 relief to extend the filing window to April 15, 2026 to complete disclosures and auditor review.