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 June 30, 2024. The company cites unexpected delays in completing its financial closing process, which also affected the filing of the previous quarter's report. SinglePoint anticipates filing the Q1 Quarterly Report soon and the Q2 Quarterly Report shortly thereafter. The company has not yet filed its Q1 Quarterly Report and expects to report significant changes in its operating revenue for the first half of 2024 compared to the same period in 2023, primarily due to challenging conditions in the residential solar market and high interest rates. These figures are preliminary and may be subject to adjustment. The notification includes forward-looking statements and acknowledges various risks and uncertainties that could affect the company's future results.