Welsis Corp. (WLSS) delays Q1 2026 10-Q filing over audit issues

Rhea-AI Filing Summary

Welsis Corp. notified the SEC that its Form 10-Q for the quarter ended March 31, 2026 could not be filed within the prescribed time period. The company cites "difficulties finalizing the materials required to complete the Registrant’s audit, which could not be eliminated without unreasonable effort or expense."

Key Terms

Rule 12b-25, Form 10-Q, unreasonable effort or expense

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-Q regulatory

"The Registrant’s Form 10-Q for the quarterly ended March 31, 2026 could not be filed"

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.

unreasonable effort or expense legal

"could not be filed within the prescribed time period due to difficulties finalizing the materials"

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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
	☐	Transition Report on Form N-SAR
	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

Welsis Corp.

Full Name of Registrant

701 E Cathedral Rd. Ste 45 PMB 405

Address of Principal Executive Office (Street and Number)

Philadelphia, PA 19128

City, State and Zip Code

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 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 the reason why Forms 10-K, 20-F, 11-K, 10-Q, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. 

The Registrant’s Form 10-Q for the quarterly ended March 31, 2026 could not be filed within the prescribed time period due to difficulties finalizing the materials required to complete the Registrant’s audit, which could not be eliminated without unreasonable effort or expense.

PART IV—OTHER INFORMATION

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

Kwok Boon Kit		(215)		552-8991
(Name)		(Area Code)		(Telephone Number)

(2)	Have all other periodic reports required under Section 13 or 15(d) or 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).
	☒ 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 reason why a reasonable estimate of the results cannot be made.

2

Welsis Corp.

(Name of Registrant as Specified in Charter)

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

Date:  May 15, 2026	By:	/s/ Kwok Boon Kit
		Kwok Boon Kit
		Chief Executive Officer

3

FAQ

Why did Welsis Corp. (WLSS) file a Form 12b-25 for the March 31, 2026 10-Q?

Welsis filed the Form 12b-25 because it could not complete its Form 10-Q on time due to "difficulties finalizing the materials required to complete the Registrant’s audit," which it said could not be resolved without unreasonable effort or expense.

When does Welsis expect to file the delayed Form 10-Q (WLSS)?

The notification indicates relief under Rule 12b-25 and refers to the allowed short extension window; the company does not state a specific filing date in the excerpt provided in this notice.

Does the 12b-25 notice say if Welsis missed other periodic SEC filings (WLSS)?

The form asks whether other periodic reports were filed in the prior 12 months; the provided excerpt includes the form's question but does not show an answer listing any missing prior reports.

Who signed the 12b-25 notice for Welsis Corp. (WLSS)?

The notification is signed by Kwok Boon Kit, who is identified as Chief Executive Officer, and the signature block is dated May 15, 2026 in the excerpt.

Does the 12b-25 disclose any anticipated change in results for Welsis (WLSS)?

The form includes the standard question about whether significant changes in operations will appear in the delayed report, but the excerpt does not include any attached narrative or quantitative explanation of anticipated changes.