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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
Notable Late filing notice — 10-K September 29, 2023

NioCorp Developments Ltd. (the “Company”) recently consummated a business combination (the “Business Combination”) with GX Acquisition Corp. II (“GX”). The high level of complexities in integrating...

Notable Late filing notice — 10-Q May 16, 2023

NioCorp Developments Ltd. (the “Company”) recently consummated a business combination transaction with GX Acquisition Corp. II (“GX”). The high level of complexities in integrating GX and accountin...

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