SEATech Ventures Corp ( (SEAV) ) has released a notification of late filing.
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SEATech Ventures Corp has filed a Form 12b-25 to notify investors that its Form 10-K (Yearly Report) for the year ended December 31, 2025 will be delayed. The company states that the annual filing cannot be submitted within the prescribed deadline, triggering the standard extension process.
Management attributes the delay mainly to a recent transition in executive leadership and the board of directors. The new team is undertaking a comprehensive review of historical accounting records, internal controls over financial reporting, and certain prior-period transactions.
This expanded review is intended to ensure accuracy and full compliance before the audited consolidated financial statements are finalized. Additional time is also required for the company’s independent registered public accounting firm to complete its audit procedures.
SEATech Ventures Corp has indicated it expects to file the Form 10-K (Yearly Report) within the 15-calendar-day grace period allowed under SEC rules. Investors should note this suggests the company currently views the delay as operational rather than open-ended.
The company does not anticipate any significant change in operating results compared with the prior fiscal year, based on information known at the time of the notice. As with all such statements, this expectation is forward-looking and could be revised once the full audit and reporting process is complete.
SEATech emphasizes its commitment to regulatory compliance and timely reporting as the new leadership team settles in. The notification is signed and authorized by Chief Executive Officer, President, Chairperson and Director Lee Marcus Sherray on March 30, 2026, underscoring executive accountability for the delayed filing and ongoing remediation efforts.
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