5/5Direct Selling Acquisition Corp. (DSAQ): Late annual report (NT 10-K)

Market data

Price before filing: $11.68 (2025-03-31 close, split/dividend-adjusted)
Market cap at flag: $99.0M (2025-04-01) · Latest: $99.0M (2025-12-23)

What happened next

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-01 to 2025-05-01. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Direct Selling Acquisition Corp. (the " Company ") determined that it was unable, without unreasonable effort or expense, to file its Form 10-K for the fiscal year ended December 31, 2024 (the " Form 10-K ") by the prescribed due date as Grant Thornton LLP has resigned as the Company's auditor. The Company is in the process of seeking a new auditor."

Quoted from the filing. Source

What this means

The company told the SEC it could not file its annual report on time (Form NT 10-K) and then missed the 15-day extension too. Late annual reports often precede restatements, auditor problems or going-concern warnings.

Status: still missing

Why this score: report still not filed after extension