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Red Flags

Filings a company makes when something has gone wrong, or is about to: a missed reporting deadline (NT 10-K/Q), a delisting from its exchange (Form 25), a deregistration that ends SEC reporting altogether (Form 15), or an insider's notice of intent to sell restricted stock (Form 144). Any one can be routine — Form 144s are filed constantly, and a late filing is sometimes just a late filing — so what is worth reading here is the pattern and the timing.

Late filings · 2
Warning Late filing notice — 10-Q February 16, 2021

The compilation and review of the information required to be presented in the Form 10-Q for the relevant period has not been completed because of the Company’s withdrawal of its election to be trea...

Notable Late filing notice — 10-Q November 15, 2016

Registrant is unable to file, without unreasonable effort or expense, its Quarterly Report on Form 10-Q for the period ended September 30, 2016 (the "Form 10-Q") due to the circumstances described ...

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