Summary by Moomoo AI
Minim, Inc. has filed a Notification of Late Filing with the SEC, indicating that it will delay the submission of its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The company cited the inability to file the report within the prescribed time period without unreasonable effort or expense due to delays in compiling and finalizing necessary accounting and financial documentation. These delays were attributed to Minim's limited financial resources, which necessitated a financing transaction to allow the company's independent auditors to complete their audit of the financial statements. Minim expects to file the report within the fifteen-day extension period provided by Rule 12b-25(b). The company, through its Chairman David Lazar, confirmed that there would be no significant changes in results of operations from the previous fiscal year in the upcoming earnings statements. Minim has maintained compliance with other periodic reporting requirements.