Sports Entertainment Gaming Global (NASDAQ: SEGG) notifies late Q1 10-Q

Rhea-AI Filing Summary

Sports Entertainment Gaming Global Corporation submitted a Form 12b-25 notifying the SEC that it cannot timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company states it expects to file within the five-calendar-day extension permitted under Rule 12b-25.

Key Figures

Quarter end: March 31, 2026 Extension period: five-calendar-day extension Notice date: May 18, 2026 +3 more

6 metrics

Quarter end March 31, 2026 Period covered by the delayed Form 10-Q

Extension period five-calendar-day extension Permitted under Rule 12b-25 for quarterly reports

Notice date May 18, 2026 Date the Form 12b-25 was signed by the CFO

SEC File Number 001-38508 SEC file number shown on the Form 12b-25 cover

CUSIP 54570M306 CUSIP number listed on the cover page

Prior report not filed Form 10-K for year ended December 31, 2025 Identified as not filed under the prior‑12‑month filings question

Key Terms

Rule 12b-25, Form 12b-25, forward-looking statements

3 terms

Rule 12b-25 regulatory

"expects to file the Form 10-Q within the five-calendar-day extension permitted under 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 12b-25 regulatory

"FORM 12b-25 NOTIFICATION OF LATE FILING"

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.

forward-looking statements financial

"This Form 12b-25 includes “forward-looking statements” within the meaning"

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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Accepted by SEC EDGAR 05/18/2026 - 05:03 PM Learn about SEC filing dates

FAQ

What did SEGG file with the SEC regarding its Q1 2026 Form 10-Q?

SEGG filed a Form 12b-25 notifying the SEC of a late Form 10-Q filing. The notice states the company expects to use the five-calendar-day extension under Rule 12b-25 and names Robert J. Stubblefield, CFO as the contact.

When is the reporting period referenced in SEGG's Form 12b-25?

The notice covers the quarterly period ended March 31, 2026. The company reports it is working to complete the Form 10-Q for that period and intends to file within the permitted extension window.

Does SEGG state other reports are missing in the past 12 months?

The filing discloses that the Form 10-K for the year ended December 31, 2025 has not been filed. This is identified in the Form 12b-25 response to the required prior‑12‑month filings question.

How long of an extension does SEGG expect to use to file its Q1 2026 10-Q?

SEGG says it currently expects to file within the five-calendar-day extension allowed for quarterly reports under Rule 12b-25. The filing ties that expectation directly to the company’s ongoing work to complete the 10-Q.

Who is the company contact listed on SEGG's Form 12b-25?

The contact listed is Robert J. Stubblefield, Chief Financial Officer, with the telephone number (737) 587-3391. He is identified as the person to contact regarding this notification.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

SEC File Number: 001-38508

CUSIP NUMBER: 54570M306

(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

Sports Entertainment Gaming Global Corporation

Full Name of Registrant

N/A

Former Name if Applicable

5049 Edwards Ranch Rd, 4^th Floor

Address of Principal Executive Office (Street and Number)

Fort Worth, Texas 76109

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 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 portion thereof, could not be filed within the prescribed time period.

Sports Entertainment Gaming Global Corporation (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 within the prescribed time period without unreasonable effort and expense.

The Company is working diligently to complete the Form 10-Q and currently expects to file the Form 10-Q within the five-calendar-day extension period permitted under Rule 12b-25.

PART IV — OTHER INFORMATION

Name and telephone number of person to contact in regard to this notification:
Robert J. Stubblefield		(737)		587-3391
(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

Form 10-K for the year ended December 31, 2025.

(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.

Forward-looking Statements

This Form 12b-25 includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the Company’s ability to file the March 31, 2026 Quarterly Report on Form 10-Q during the extension period. Such forward-looking statements are based on assumptions about many important factors, which could cause actual results to differ materially from those in the forward-looking statements, including those risks identified in the Company’s most recent Form 10-K and Form 10-Q and other SEC filings. Unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.

Sports Entertainment Gaming Global Corporation

(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 18, 2026	By	/s/ Robert J. Stubblefield
	Name:	Robert J. Stubblefield
	Title:	Chief Financial Officer