Ultralife Corporation submits Form 12b-25 for Late Filing

The company has requested a 15-day extension to file its Annual Report on Form 10-K for the fiscal year ending on December 31, 2024, with the Securities and Exchange Commission. This extension has been requested due to unforeseen circumstances that have impacted the company’s ability to meet the original deadline.

The company is actively working towards completing the required financial statements and disclosures to ensure that the Annual Report is filed accurately and in compliance with regulatory requirements. While the extension provides relief in terms of the filing deadline, the company remains committed to providing transparent and timely financial information to its stakeholders.

The decision to request an extension reflects the company’s dedication to upholding high standards of financial reporting and transparency. By taking the necessary time to ensure that the Annual Report is comprehensive and accurate, the company aims to provide investors and regulators with a clear and reliable picture of its financial performance and position.

It is not uncommon for companies to request extensions for filing their Annual Reports, especially when faced with unexpected challenges or complexities in financial reporting. The Securities and Exchange Commission provides this option to companies to ensure that they can fulfill their reporting obligations without compromising the quality and accuracy of the information disclosed.

While the extended deadline allows the company more time to finalize its Annual Report, it also underscores the importance of effective financial management and reporting processes. By addressing the issues that led to the extension request, the company can strengthen its internal controls and processes to prevent similar challenges in the future.

Overall, the decision to request an extension for filing the Annual Report on Form 10-K demonstrates the company’s commitment to maintaining transparency, accuracy, and compliance in its financial reporting practices. By working diligently to complete the required disclosures and financial statements, the company aims to provide stakeholders with a comprehensive and reliable overview of its financial performance for the fiscal year ending December 31, 2024.