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    SEC Form NT 10-Q filed by Universal Safety Products Inc.

    8/14/25 9:31:44 AM ET
    $UUU
    Electronic Components
    Technology
    Get the next $UUU alert in real time by email
    NT 10-Q 1 tm2522977d2_nt10q.htm NT 10-Q

     

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, DC 20549

     

    FORM 12b-25

     

    SEC File Number: 001-31747

    CUSIP Number: 913821 30 2

     

    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, 2025           

     

    ¨ Transition Report on Form 10-K¨Transition Report on Form 10-Q
    ¨ Transition Report on Form 20-F¨ Transition Report on Form N-SAR
    ¨ Transition Report on Form 11-K  

     

    For the Transition Period Ended:                           

     

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

     

    If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: ________________________________________________________________________________

     

    PART I

    REGISTRATION INFORMATION

     

    Full Name of Registrant:        Universal Safety Products, Inc.        

     

    Former Name if Applicable:         N/A        

     

    Address of Principal Executive Office (Street and Number):          11407 Cronhill Drive, Suite A          

     

    City, State and Zip Code:         Owings Mills, Maryland 21117        

     

    PART II

    RULE 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)

     

      x(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

     

      x(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 of 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 12-b-25 (c) has been attached if applicable.

     

     

     

     

    PART III

    NARRATIVE

     

    State below in reasonable detail the reasons why the form 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.

     

    Due to ongoing global disruptions, the Registrant has experienced delays in obtaining confirmation of balances required by auditing standards. These disruptions, within its own operations, and those of its customers and suppliers, resulted in the independent auditors requiring additional time to complete procedures.

     

    PART IV

    OTHER INFORMATION

     

    (1)  Name and telephone number of person to contact in regard to this notification.

     

    Harvey B. Grossblatt(410)363-3000
    (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 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 the answer is no, identify report(s).

     

    x 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?

     

    x 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.

     

    Universal Safety Products, Inc. 
     (Name of Registrant as Specified in Charter) 

     

    has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

     

    Date: August 14, 2025 By: /s/ Harvey B. Grossblatt
              Harvey B. Grossblatt
              President

     

     

     

     

    UNIVERSAL SAFETY PRODUCTS, INC.

    FORM 12b-25

    FISCAL QUARTER ENDED JUNE 30, 2025

    PART IV, ITEM 3

     

    The Registrant anticipates lower sales but higher net income for the fiscal quarter ended June 30, 2025, as compared to operating results for the corresponding period in the prior year, primarily due to the reported asset sale during the period. However, inasmuch as the Registrant has not yet completed its financial statements, at this time the Registrant is unable to definitively quantify its results of operations.

     

     

     

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