Core AI Holdings ( (CHAI) ) has released a notification of late filing.
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Core AI Holdings, Inc. has filed a Form 12b-25 indicating a delay in submitting its Form 20-F (Yearly Report) for the financial year ended December 31, 2025. The late filing relates to the company’s annual report covering its first year after significant portfolio changes.
The company attributes the delay to the October 3, 2025 acquisition of Core Gaming, Inc. and the same-day December 31, 2025 disposition of its legacy Siyata Mobile, Inc. business. Management says these transactions complicated the year-end consolidation and audit work, requiring more time to finalize the 2025 financial statements.
Core AI Holdings states that it expects to file the Form 20-F (Yearly Report) no later than the fifteenth calendar day after the original SEC deadline. Investors should therefore anticipate the audited annual report within that brief extension window, assuming no further issues arise.
The company does not expect any significant change in operating results versus the prior year to be reflected in the forthcoming earnings statements. This suggests that, while the structure of the business has changed, management is not signaling major surprises in headline financial performance, though the usual caveats around forward-looking information apply.
Core AI Holdings emphasizes that all other required SEC reports over the past 12 months have been filed on time, underscoring its intent to maintain ongoing compliance. The notification was signed on April 30, 2026 by Chief Executive Officer Aitan Zacharin, affirming senior management’s responsibility for the delayed filing and the planned near-term completion of the annual report.
Spark’s Take on CHAI Stock
According to Spark, TipRanks’ AI Analyst, CHAI is a Underperform.
The score is driven primarily by weak financial performance—declining revenue, very negative margins, and negative operating/free cash flow—despite low leverage. Technicals remain broadly bearish with price below longer-term moving averages and a negative MACD, while valuation is not compelling given losses and no provided dividend yield.
To see Spark’s full report on CHAI stock, click here.
More about Core AI Holdings
Average Trading Volume: 89,613
Technical Sentiment Signal: Sell
Current Market Cap: $19.52M
See more data about CHAI stock on TipRanks’ Stock Analysis page.