Summary by Futu AI
SinglePoint Inc. has filed a Form 12b-25 with the SEC, notifying of a delay in filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. The company cites unexpected delays in the financial closing process due to additional time needed to file its Annual Report on Form 10-K for the year ended December 31, 2023. SinglePoint anticipates filing the overdue Form 10-K and the subsequent Form 10-Q shortly thereafter. The company has also indicated that its financial results for the first quarter of 2024 will show significant changes from the same period in the previous year, with operating revenue expected to be lower due to market conditions. These figures are preliminary and may be subject to adjustment. The notification was signed by CEO William Ralston on May 16, 2024.