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    SEC Form NT 20-F filed by EuroDry Ltd.

    4/30/25 4:28:55 PM ET
    $EDRY
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    NT 20-F 1 d11790342_nt20-f.htm

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    FORM 12b-25

    NOTIFICATION OF LATE FILING

    (Check one):
    ☐ Form 10-K
    ☐ Form N-CSR
    ☒ Form 20-F
    ☐ Form 11-K
    ☐ Form 10-Q
    ☐ Form 10-D
    ☐ Form N-CEN
     

     
    For Period Ended:
    December 31, 2024

     
    ☐ 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 Instruction (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.
     

    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

    EURODRY LTD.
    Full Name of Registrant
     
     
    Former Name if Applicable
     
    4 Messogiou & Evropis Street
    Address of Principal Executive Office (Street and Number)
     
    151 24 Maroussi Greece
    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
     
     
     
    ☒
    (b)
     
    The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN 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.

    PART III - NARRATIVE

    State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
     
    The EURODRY LTD. (the “Company”) Annual Report on Form 20-F for the fiscal year ended December 31, 2024 cannot be filed within the prescribed time period without unreasonable effort or expense due to delays associated with (i) the compilation of certain information required to be included in the Annual Report and (ii) the completion and approval of our audited consolidated financial statements. The Company expects to file the Form 20-F within the 15-day extension period provided under Rule 12b-25 of the Securities Exchange Act of 1934, as amended.

    PART IV - OTHER INFORMATION

    (1)
    Name and telephone number of person to contact in regard to this notification
     
     
    Anastasios Aslidis
     
    (908)
     
    301-9091
     
    (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.
     

    EURODRY LTD.
    (Name of Registrant as Specified in Charter)
     
    has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
     
     
    Date:
    April 30, 2025
     
    By:
    /s/ Anastasios Aslidis
     
     
     
    Name:
    Anastasios Aslidis
     
     
     
    Title:
    Chief Financial Officer
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