1/5Korth Direct Mortgage Inc.: Filing-delay notice, annual report filed within extension (NT 10-K)

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"The Registrant's Report on Form 10-K for the year ended December 31, 2024, cannot be filed within the prescribed period without unreasonable effort or expense because management requires additional time to compile and verify the data required to be included in the Report. The Report will be filed no later than the fifth calendar day following the prescribed due date."

Quoted from the filing. Source

What this means

The company filed Form NT 10-K, telling the SEC it could not file its annual report on time, and then filed the report within the 15-day extension. The SEC treats a report filed within the extension as timely, so this is the mildest kind of flag, but the notice itself is a warning sign that investors often react to: something, often the audit or the accounting, took longer than planned.

Status: filed within extension (report filed 2025-04-01) · the SEC treats a report filed within the extension as timely

Why this score: report filed within the extension on 2025-04-01