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Smith-Midland Announces Delayed Filing of 2023 Form 10-K

Smith-Midland Announces Delayed Filing of 2023 Form 10-K

史密斯-米德兰宣布延迟提交 2023 年 10-K 表格
Accesswire ·  04/01 20:00

MIDLAND, VA / ACCESSWIRE / April 1, 2024 / Smith-Midland Corporation (NASDAQ:SMID) (the "Company"), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission to provide notice of the late filing of its Annual Report on Form 10-K ("Form 10-K") for the year ended December 31, 2023. The company expects to file its Form 10-K on or before April 16, 2024.

弗吉尼亚州米德兰/ACCESSWIRE/2024年4月1日/创新、高质量专有和专利预制混凝土产品和系统的提供商史密斯-米德兰公司(纳斯达克股票代码:SMID)(“公司”)今天宣布,它已向美国证券交易委员会提交了12b-25表格,以提供延迟提交截至2023年12月31日止年度的10-K表年度报告(“10-K表格”)的通知。该公司预计将在2024年4月16日当天或之前提交其10-K表格。

The extension is related to the Company requiring additional time to complete its financial reporting close process, including management's assessment of the Company's internal control over financial reporting, as to which material deficiency existence (including with respect to accounts receivable allowances) will be made, and to gather information required to complete auditing procedures.

延期与公司需要更多时间来完成财务报告结算流程有关,包括管理层对公司财务报告内部控制的评估,确定存在哪些重大缺陷(包括应收账款准备金),以及收集完成审计程序所需的信息。

As previously reported throughout 2023, revenue is expected to be higher for the year ended December 31, 2023 than the prior year ended December 31, 2022 resulting in higher net income for the year ended December 31, 2023 than the prior year ended December 31, 2022.

正如先前在2023年全年报告的那样,截至2023年12月31日的年度的收入预计将高于截至2022年12月31日的上一年度,因此截至2023年12月31日的年度的净收入将高于截至2022年12月31日的上一年度。

About Smith-Midland

关于史密斯-米德兰

Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products and systems for use primarily in the construction, transportation, and utility industries.

Smith-Midland 开发、制造、许可、租赁和销售各种预制混凝土产品和系统,主要用于建筑、运输和公用事业行业。

Smith-Midland Corporation has three manufacturing facilities in; Midland, VA, Reidsville, NC, and Columbia, SC, and a J-J Hooks Safety Barrier rental firm, Concrete Safety Systems. Easi-Set Worldwide, a wholly owned subsidiary of Smith-Midland Corporation, licenses the production and sale of Easi-Set products, including J-J Hooks and SlenderWall, and provides diversification opportunities to the precast industry worldwide. For more information, please call (540) 439-3266 or visit .

史密斯-米德兰公司在弗吉尼亚州米德兰、北卡罗来纳州里兹维尔和南卡罗来纳州哥伦比亚有三个制造工厂,还有一家名为混凝土安全系统的J-J Hooks安全屏障租赁公司。史密斯-米德兰公司的全资子公司Easi-Set Worldwide许可生产和销售包括J-J Hooks和SlenderWall在内的Easi-Set产品,并为全球预制行业提供多元化机会。欲了解更多信息,请致电 (540) 439-3266 或访问。

Forward-Looking Statements

前瞻性陈述

This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, inflationary factors including potential recession, general business and economic conditions, our debt exposure, our high level of accounts receivables, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

本公告包含前瞻性陈述,涉及风险和不确定性。该公司的实际业绩可能与前瞻性陈述中讨论的业绩存在显著差异。可能造成这种差异的因素包括但不限于产品需求、竞争产品和定价的影响、产能和供应限制或困难、包括潜在衰退在内的通货膨胀因素、总体业务和经济状况、我们的债务敞口、我们的高额应收账款、公司会计政策的影响以及公司10-K表年度报告和其他向美国证券交易委员会提交的文件中详述的风险。

Media Inquiries:
scrandall@midlandadvertising.com
(540) 439-8056

媒体查询:
scrandall@midlandadvertising.com
(540) 439-8056

Sales Inquiries:
info@smithmidland.com
(540) 439-3266

销售查询:
info@smithmidland.com
(540) 439-3266

Investor Relations:
Steven Hooser
Three Part Advisors, LLC
(214) 872-2710

投资者关系:
史蒂芬·胡瑟
三部分顾问有限责任公司
(214) 872-2710

SOURCE: Smith-Midland Corporation

来源:史密斯-米德兰公司


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