Pyrophyte Acquisition ( (PHYTF) ) has released a notification of late filing.
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Pyrophyte Acquisition Corp., a company based in Houston, Texas, has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the need for additional time to finalize the company’s financial statements, which could not be completed by the due date without incurring unreasonable effort or expense. The company anticipates filing the report as soon as practicable, although no specific timeline has been provided. There are no expected significant changes in the financial results compared to the previous fiscal year. The notification includes forward-looking statements that highlight potential risks and uncertainties, such as possible errors or control deficiencies in accounting practices. The company is actively working on compliance, and the notification was signed by Sten Gustafson, the Chief Financial Officer and Director.
More about Pyrophyte Acquisition
YTD Price Performance: 2.66%
Average Trading Volume: 24,670
Technical Sentiment Signal: Sell
Current Market Cap: $133.5M
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