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FORM 12b-25 | SEC FILE NUMBER | |
CUSIP NUMBER | ||
NOTIFICATION OF LATE FILING |
(Check one): | [ ]
Form 10-K [ ] Form 20-F [ ] Form
11-K [X] Form
10-Q [ ] Form 10-D [ ] Form N-SAR [ ] Form N-CSR |
For Period Ended: June 30, 2020 | |
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: ____________________ |
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
PART I — REGISTRANT INFORMATION
FTE Networks, Inc. |
Full Name of Registrant: |
Former Name if Applicable |
237 West 35th Street, Suite 806 |
Address of Principal Executive Office (Street and Number) |
New York, NY 10001 |
City, State and Zip Code: |
PART II — RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
(a) | The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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(b) | The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D,or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
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(c) | The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. |
PART III — NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
The Registrant is unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 (the “Form 10-Q”), within the prescribed time without unreasonable effort or expense. The Registrant requires additional time to compile data and finalize its financial statements to be filed as part of the Form 10-Q and assist its auditors in completing their review in connection with the Form 10-Q.
Additionally, the Registrant has been negatively impacted by the COVID-19 pandemic, which has contributed to the delay in compiling and completing the Registrant’s Form 10-Q (as well as reports for prior periods), due in part to the disruptions in access to and timely exchange of information between officers, auditors, professional advisors and other support staff.
PART IV — OTHER INFORMATION
(1) | Name and telephone number of person to contact in regard to this notification | ||||
Michael P. Beys | 877 | 878-8136 | |||
(Name) | (Area Code) | (Telephone Number) | |||
(2) | Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s). | ||||
Yes [ ] NO [X] | |||||
Form 10-K for year ended December 31, 2019; Form 10-Q for period ended March 31, 2020. | |||||
(3) | Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? | ||||
Yes [ ] NO [X] | |||||
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. |
FTE Networks, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: | August 17, 2020 | By: | /s/ Michael P. Beys |