Pioneer Power Solutions ( (PPSI) ) has released a notification of late filing.
Pioneer Power Solutions, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the fiscal year ending December 31, 2024. The delay is primarily due to challenges in compiling necessary information, particularly related to the preparation and audit of financial statements. The company anticipates filing the report within a 15-day extension period as allowed under Rule 12b-25. A significant financial impact is expected due to the sale of its Pioneer Custom Electrical Products Corp. business unit, which will be reflected as discontinued operations in the upcoming financial statements. The notification was signed by Walter Michalec, the Chief Financial Officer, indicating ongoing compliance efforts.
More about Pioneer Power Solutions
YTD Price Performance: -27.43%
Average Trading Volume: 56,222
Technical Sentiment Signal: Buy
Current Market Cap: $32.93M
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