SEC Form NT 10-Q filed by Mediaco Holding Inc.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

OMB APPROVAL

OMB Number: 3235-0058

Expires: May 31, 2025

Estimated average burden

hours per response ............ 2.50

 

SEC File Number:

001-39029

 

CUSIP Number:

58450D104

(Check one):

 

☐ Form 10-K

 

☐ Form 20-F

 

☐ Form 11-K

 

 

 

☒ Form 10-Q

 

☐ Form 10-D

 

 ☐ Form N-CEN

 

 

 ☐ Form N-CSR

 

 

 

 

 

 

 

 

 

 

 

 

 

For Period Ended:

March 31, 2025

 

 

 

 

 

 

 

 

☐ Transition Report on Form 10-K

 

 

 

 

 

 

☐ Transition Report on Form 20-F

 

 

 

 

 

 

☐ Transition Report on Form 11-K

 

 

 

 

 

 

☐ Transition Report on Form 10-Q

 

 

 

 

 

 

For the Transition Period Ended:

 

 

 

 

 

 

 

Read Instructions (on back page) Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

MEDIACO HOLDING INC.

Full Name of Registrant

 

 N/A

Former Name if Applicable

 

48 WEST 25TH STREET, THIRD FLOOR

Address of Principal Executive Office (Street and Number)

 

NEW YORK, NEW YORK 10010

City, State and Zip Code

 

(a)

The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

☒

(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

 

(c)

The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

SEC 1344 (06-19)

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

(1)

 

Name and telephone number of person to contact in regard to this notification

 

 

Debra DeFelice

 

(704)

 

989-1927

 

 

(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

 

 

 

 

 

 

 

(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

 

 

 

 

 

 

 

 

 

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.

 

The Company estimates net revenues, operating loss and net loss for the quarter ended March 31, 2025 were approximately $28.0 million, $4.3 million and $8.3 million, respectively. Net revenues, operating income and net loss for the quarter ended March 31, 2024 were $6.7 million, $3.5 million and $3.7 million, respectively. All of the changes from the prior year relate primarily to the inclusion in the results for the current year of the operations of the business acquired by the Company on April 17, 2024, from Estrella Broadcasting, Inc. and its subsidiaries.

MEDIACO HOLDING INC.

(Name of Registrant as Specified in Charter)

Date

May 15, 2025

 

By  

/s/ Debra DeFelice

 

 

 

 

Debra DeFelice

 

 

 

 

Chief Financial Officer and Treasurer