UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

(Check one): [  ]  Form 10-K   [X]  Form 20-F   [  ]  Form 11-K   [  ]  Form 10-Q   [  ]   Form N-SAR   [  ]  Form N-CSR

 

For Period Ended: December 31, 2016

 

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

 

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 — REGISTRANT INFORMATION

 

NEWLEAD HOLDINGS LTD.

Full Name of Registrant

 

ARIES MARITIME TRANSPORT LIMITED

Former Name if Applicable

 

Cumberland House, 9th Floor, 1, Victoria Street,

Address of Principal Executive Office (Street and Number)

 

Hamilton HM12, Bermuda

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 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 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, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

NewLead Holdings Ltd. (the “Registrant”) has been unable to complete its annual report on Form 20-F for the fiscal year ended December 31, 2016 (the “Form 20-F”), on a timely basis, without unreasonable effort or expense, because the Company needs additional time to complete certain disclosures and analyses to be included in the 2016 Form 20-F.

 

PART IV — OTHER INFORMATION

 

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

 

ELENI (LENA) DESPOTOPOULOU   (+30)   213 0148221
(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 [X] 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 [X] 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 Registrant expects to report net loss before preferred dividends for the year ended December 31, 2016 higher than net loss before preferred dividends for the same period in 2015. The expected net loss is subject to change as the Registrant is still in process of completing its annual financial statements.

 

     
     

 

NEWLEAD HOLDINGS LTD

(Name of Registrant as Specified in Charter)

 

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

 

Dated: MAY 2, 2017 By: /s/ Michail Zolotas
    Michail Zolotas
    President, Chief Executive Officer and Chairman