Universal Safety (UUU) files late 10-K notice; expects weaker full-year results

Rhea-AI Filing Summary

Universal Safety Products, Inc. submitted a Form 12b-25 notifying the SEC of a late Form 10-K for the fiscal year ended March 31, 2026. The company said timely compilation and review of the 10-K would impose undue hardship and expects to file within the relief period.

The registrant disclosed it anticipates significantly decreased sales and gross profit for the year and expects to report a net loss for the year ended March 31, 2026, compared with net income in the prior-year period. The notification was signed by CEO Harvey B. Grossblatt on June 29, 2026.

Insights

Corporate Governance Analyst

Late 10-K signals reporting delay and materially weaker year-end results.

The filing is a formal Rule 12b-25 notice stating the company could not timely file its Form 10-K for the period ended March 31, 2026 and claims undue hardship and expense in completing the report. The notice was signed by the CEO on June 29, 2026.

Management explicitly anticipates significantly decreased sales and gross profit and a net loss for the year versus net income in the prior period. Cash‑flow treatment, precise amounts, and timing are not provided; subsequent filings will include the completed financials and quantitative reconciliation.

Key Terms

Rule 12b-25, Form 10-K, Notification of Late Filing

3 terms

Rule 12b-25 regulatory

"The reasons described in reasonable detail in Part III of this Form could not be eliminated 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 financial

"The compilation, dissemination and review of the information required to be presented in the Form 10-K for the fiscal year ended March 31, 2026"

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.

Notification of Late Filing regulatory

"NOTIFICATION OF LATE FILING is the heading of this Form 12b-25 submission"

A notification of late filing is a formal public statement that a company failed to submit a required regulatory report (for example, quarterly or annual financial statements) by the deadline. It matters to investors because missed filings can signal accounting, operational, or governance problems, may lead to fines or trading restrictions, and increases uncertainty about the company's transparency—like a public “we missed the deadline” flag that raises risk for shareholders.

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Available on EDGAR 06/29/2026 - 04:31 PM Accepted by SEC EDGAR 06/29/2026 - 04:30 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 12b-25

Commission File Number: 001-31747

NOTIFICATION OF LATE FILING

xForm 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 11-K
¨ Transition Report on Form 20-F		¨ 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		Universal Safety Products, Inc.
Address of principal executive office		11407 Cronhill Drive, Suite A
City, state and zip code		Owings Mills, MD 21117

PART II

RULE 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;
x	(b)	The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form11-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 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 compilation, dissemination and review of the information required to be presented in the Form 10-K for the fiscal year ended March 31, 2026 has imposed requirements that have rendered timely filing of the Form 10-K impracticable without undue hardship and expense to the registrant.

Part IV

Other Information

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

Harvey B. Grossblatt	(410)	363-3000
(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 the 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?

x 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.

The Registrant anticipates significantly decrease sales and gross profit for the year ended March 31, 2026 as compared to operating results for the corresponding 2025 period. In addition, the Registrant anticipates reporting a net loss for the year ended March 31, 2026 as compared to net income for the corresponding 2025 period. However, inasmuch as the Registrant has not yet completed its financial statements, at this time the Registrant is unable to definitively quantify its results of operations.

2 

UNIVERSAL SAFETY PRODUCTS, INC.

(Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: June 29, 2026	/s/ Harvey B. Grossblatt
	By: Harvey B. Grossblatt
	Title: Chief Executive Officer

3 

FAQ

Why did Universal Safety Products (UUU) file a Rule 12b-25 notification?

They filed the notice because compiling, disseminating and reviewing the information for the Form 10-K for the year ended March 31, 2026 would impose undue hardship and expense, making timely filing impracticable.

Will Universal Safety Products (UUU) still file the Form 10-K?

Yes. The company indicated it seeks relief under Rule 12b-25 and intends to file the subject Form 10-K within the relief period provided by the rule, per the disclosure in the notification.

What does UUU say about its full-year results for fiscal 2026?

Management anticipates significantly decreased sales and gross profit for the year ended March 31, 2026 and expects to report a net loss, compared with net income for the corresponding 2025 period.

Who signed the late filing notice for Universal Safety Products (UUU)?

The notification was signed by Harvey B. Grossblatt, Chief Executive Officer, and includes contact details with telephone number (410) 363-3000 for questions about the notification.