XWELL To File Form 12b-25 To Extend Filing Date Of Form 10-K
Portfolio Pulse from Benzinga Newsdesk
XWELL Inc. announced its intention to file Form 12b-25 with the SEC to extend the filing deadline of its Form 10-K. This move indicates a delay in the submission of the company's annual financial report.
April 01, 2024 | 8:35 pm
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XWELL Inc. is filing for an extension on its annual financial report submission, indicating a delay that could concern investors.
The decision to file Form 12b-25 for an extension on the Form 10-K filing deadline may raise concerns among investors regarding potential issues with the company's financial health or internal processes. Such delays often lead to negative perceptions and can impact investor confidence, potentially leading to a short-term decrease in stock price.
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