Aura Systems ( (AUSI) ) has released a notification of late filing.
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Aura Systems, Inc. has filed a Form 12b-25 to notify the delay in submitting its Form 10-K (Yearly Report) for the financial period ending February 28, 2025. The delay is primarily due to the company’s transition to new system platforms and recent management changes, which have affected their quarter-end close procedures. Aura Systems anticipates filing the Form 10-K within the fifteen-day extension period allowed under Rule 12b-25. The company has not indicated any expected significant changes in financial results or provided preliminary financial information. The notification was signed by Cipora Lavut, the Chief Finance Officer, who is overseeing the company’s compliance efforts.
More about Aura Systems
Average Trading Volume: 14,770
Technical Sentiment Signal: Strong Sell
Current Market Cap: $27.09M
Learn more about AUSI stock on TipRanks’ Stock Analysis page.