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AERWINS Technologies | NT 10-K: Others

SEC announcement ·  Apr 2 04:45
Summary by Futu AI
AERWINS Technologies Inc. has filed a Form 12b-25 with the SEC, notifying of a delay in the submission of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company cited the need for additional time to complete its financial statements as the reason for the delay, which was due to difficulties in obtaining and compiling the required information. AERWINS Technologies expects to file the report by the extended deadline, which is no later than the fifteenth calendar day following April 1, 2024. The company also disclosed a significant net loss from discontinued operations, which includes the bankruptcy filing of its Japanese subsidiary A.L.I. Technologies Inc. on December 27, 2023. The net loss from discontinued operations is estimated at $15,190,299 for 2023, an increase from the previous year's loss of $14,479,819. Additionally, the company reported a net loss from continuing operations of $9,516,032 for 2023.
AERWINS Technologies Inc. has filed a Form 12b-25 with the SEC, notifying of a delay in the submission of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company cited the need for additional time to complete its financial statements as the reason for the delay, which was due to difficulties in obtaining and compiling the required information. AERWINS Technologies expects to file the report by the extended deadline, which is no later than the fifteenth calendar day following April 1, 2024. The company also disclosed a significant net loss from discontinued operations, which includes the bankruptcy filing of its Japanese subsidiary A.L.I. Technologies Inc. on December 27, 2023. The net loss from discontinued operations is estimated at $15,190,299 for 2023, an increase from the previous year's loss of $14,479,819. Additionally, the company reported a net loss from continuing operations of $9,516,032 for 2023.
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