We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Universal Security Instruments Inc | AMEX:UUU | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.0102 | 0.71% | 1.4501 | 1.46 | 1.38 | 1.46 | 30,323 | 23:30:19 |
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, 2020
¨ 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 Security Instruments, 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.
The Registrant’s Annual Report on Form 10-K for its fiscal year ended March 31, 2020 was filed on August 11, 2020 due to delays caused by the COVID-19 pandemic and in accordance with the Order of the Securities and Exchange Commission contained in Release No. 34-88465. As such, the preparation of the Registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 has been delayed, as well.
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 Security Instruments, 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 12, 2020 | By: | /s/ Harvey B. Grossblatt | |
Harvey B. Grossblatt | |||
President |
UNIVERSAL SECURITY INSTRUMENTS, INC.
FORM 12b-25
FISCAL QUARTER ENDED JUNE 30, 2020
PART IV, ITEM 3
As disclosed in the Registrant’s Securities and Exchange Commission (SEC) filings, the Registrant anticipates that its net sales for the quarter ended June 30, 2020 will be lower than its net sales for the corresponding period in the prior fiscal year. Despite lower sales, the Registrant expects that its net loss for the 2020 fiscal quarter will be significantly less than the corresponding 2019 period due to the sale by the Registrant of its interest in its former 50%-owned Hong Kong Joint Venture, as previously disclosed in the Registrant’s SEC filings.
1 Year Universal Security Instr... Chart |
1 Month Universal Security Instr... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions