Redwood Mortgage Investors IX (RWDMU) notifies SEC of late 10-Q filing

Rhea-AI Filing Summary

Redwood Mortgage Investors IX, LLC notified the SEC that it could not file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 within the prescribed time because "additional time is needed to gather information and complete review processes" and the filing could not be completed "without unreasonable effort and expense."

The registrant stated it is working diligently and expects to file the Form 10-Q as soon as practicable and provided May 15, 2026 as the notification date and a contact, Michael R. Burwell, with telephone 650 365-5341.

Key Figures

Reporting period: March 31, 2026 Notification date: May 15, 2026 Contact phone: 650 365-5341 +1 more

4 metrics

Reporting period March 31, 2026 Form 10-Q period end

Notification date May 15, 2026 Form 12b-25 signature date

Contact phone 650 365-5341 Michael R. Burwell contact number

Filing type Form 12b-25 (NT 10-Q) Late filing notification for Form 10-Q

Key Terms

Form 12b-25, Form 10-Q, forward-looking statements

3 terms

Form 12b-25 regulatory

"The Registrant could not complete the filing of its Form 10-Q for the three month period ended March 31, 2026"

Form 12b-25 is a notice a publicly traded company files with the U.S. Securities and Exchange Commission when it cannot deliver a required periodic report (like a quarterly or annual financial report) on time. It explains the reason for the delay and gives the company a short, temporary window to finish the report without being marked as delinquent; investors watch it because late filings can signal accounting, operational, or control issues that may affect a company’s reliability and stock risk, much like a missed homework deadline can raise concerns about a student’s preparedness.

Form 10-Q regulatory

"The Registrant could not complete the filing of its Form 10-Q for the three month period ended March 31, 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.

forward-looking statements financial

"Certain statements in this Form 12b-25 may be considered forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

Why did RWDMU file a Form 12b-25 for the quarter ended March 31, 2026?

The company states it needs additional time to gather information and complete review processes; the filing "could not be completed without unreasonable effort and expense." The notice specifically cites those reasons and says management is working to finalize the Form 10-Q.

When did Redwood Mortgage Investors IX submit the late-filing notification?

The registrant signed and dated the Form 12b-25 notification on May 15, 2026. That signature line identifies Michael R. Burwell as the contact and authorized signatory for the notice.

Does the Form 12b-25 state when the Form 10-Q will be filed?

The notice says the registrant expects to file the Form 10-Q "as soon as practicable" and references the relief provisions of Rule 12b-25; it does not provide a specific filing date in the excerpt provided.

Who can be contacted about RWDMU's late filing and what is the phone number?

The contact listed is Michael R. Burwell. The telephone number provided on the notification is 650 365-5341, for inquiries regarding the late Form 10-Q filing for the period ended March 31, 2026.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

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: March 31, 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

Full Name of Registrant:		Redwood Mortgage Investors IX, LLC
Former Name if Applicable:		Not applicable
Address of Principal Executive Office (Street and Number): City, State and Zip Code:		155 Bovet Road, Suite 302 San Mateo, CA 94402

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 reason 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, 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 or 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 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 could not complete the filing of its Form 10-Q for the three month period ended March 31, 2026 (the “Form 10-Q”) without unreasonable effort and expense because additional time is needed to gather information and complete review processes in order to finalize the Form 10-Q.

The Registrant is working diligently to file the Form 10-Q for the three months ended March 31, 2026 as soon as practicable.

PART IV — OTHER INFORMATION

(1)

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

Michael R. Burwell

650

365-5341

(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.

Expected significant changes in results of operations of the registrant based on its preliminary, unaudited results of operations include the following:

• Interest income for the three months ended March 31, 2026 was $1.4 million compared to $1.08 million for the three months ended March 31, 2025 due to an increase in the average daily balance -secured loans of approximately $10.2 million.

• Net income for the three months ended March 31, 2026 was $655 thousand compared to $217 thousand for the three months ended March 31, 2025, primarily due to an increase in net interest income of approximately $315 thousand for the three months ended March 31, 2026 as compared to the same period in 2025, and a decrease in operations expense of approximately $128 thousand for the same period.

Forward-Looking Statements

Certain statements in this Form 12b-25 may be considered forward-looking statements, including statements with respect to the registrant’s expectations that it will file its Quarterly Report on Form 10-Q on or before the extended deadline as a result of filing this Form 12b-25 and the registrant’s expectations with respect to its results of operations for the three months ended March 31, 2026. Forward-looking statements generally relate to future events and can be identified by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “strive,” “budget,” “expect,” “intend,” “will,” “estimate,” “believe,” “predict,” “potential,” “pursue,” “aim,” “goal,” “mission,” “anticipate” or “continue,” or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the registrant and its management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to the risks and uncertainties set forth in the sections entitled “Risk Factors” and “Special Note Regarding Forward-Looking Statements” in the registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and other documents filed by the registrant from time to time with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the registrant assumes no obligation and does not intend to update or revise these forward-looking statements other than as required by applicable law. The registrant does not give any assurance that it will achieve its expectations.

Redwood Mortgage Investors IX, LLC

(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 15, 2026				By:		/s/ Michael R. Burwell
				Name:		Michael R. Burwell
				Title:		President, Secretary and Treasurer of Redwood Mortgage Corp., as Manager of Redwood Mortgage Investors IX, LLC