NT 10-Q 1 acbm_nt10q.htm NT 10-Q acbm_nt10q.htm

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 12b-25

 

Commission File Number 333-207765

 

NOTIFICATION OF LATE FILING

 

 

 

¨ Form 10-K        ¨ Form 11-K        ¨ Form 20-F        x Form 10-Q        ¨ Form N-SAR        ¨ Form N-CSR

 

 

For Period Ended: March 31, 2018                                                

 

 

 

¨ Transition Report on Form 10-K

¨ Transition Report on Form 10-Q

 

¨ Transition Report on Form 20-F

¨ Transition Report on Form N-SAR

 

 

 

 

For the Transition Period Ended: _____________________

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates: ___________________________

 

PART I

REGISTRANT INFORMATION

 

 

Full name of registrant

Acro Biomedical Co., Ltd.

 

 

Address of principal executive office

2175 Visionary Way, Suite 1160

City, state and zip code

Fishers, Indiana 46038

 

 
 
 
 

 

PART II

RULE 12b-25 (b) AND (c)

 

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.)

 

 

 

x

 

 

 

(a)

The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

 

 

 

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K or Form 10-Q, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

 

 

 

 

(c)

The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III

NARRATIVE

 

State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period.

 

The compilation, dissemination and review of the information required to be presented in the Form 10-Q for the quarter ended March 31, 2018 has imposed time constraints that have rendered timely filing of the Form 10-Q impracticable without undue hardship and expense to the registrant. The registrant has no full-time employees and requires additional time to provide information necessary for the completion of the Form 10-Q. The registrant undertakes the responsibility to file such report no later than five days after its original prescribed due date.

 

PART IV

OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

Pao-Chi Chu, Chief Executive Officer

 

+866

 

2-2790-6189

(Name)

 

(Area Code)

 

(Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). x Yes   ¨ No

 

 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? x Yes   ¨ No

 

If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

The registrant’s report on Form 10-Q for the quarter ended March 31, 2018 cannot be filed within the prescribed time period because the registrant requires additional time for compilation and review of its financial statements. The registrant has no full-time employees and requires additional time to provide information necessary for the completion of the Form 10-Q.

 

The registrant did not generate any revenue in either the three or six months ended March 31, 2017. The registrant expects to report revenue of approximately $1.96 million for the three months ended March 31, 2018 and approximately $3.4 million for the six months ended March 31, 2018. The registrant expects to report net income of approximately $69,000, or $0.00 per share, for the three months ended March 31, 2018 and approximately $150,000, or $0.00 per share, for the six months ended March 31, 2018, as compared to net losses of approximately $22,000 for the three months ended March 31, 2017 and approximately $30,000, or $0.00 per share, for the six months ended March 31, 2017. The financial information included herein has not been reviewed by the Company’s independent accountants and is subject to any adjustment which may result from such review.

 

 

2

 
 

 

Acro Biomedical Co., Ltd.

Name of Registrant as Specified in Charter.

 

Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: May 15, 2018 By: /s/ Pao-Chi Chu

 

Name:

 Pao-Chi Chu  
  Title: Chief Executive Officer  

 

 

3