Notification That Form 20-f Will Be Submitted Late (nt 20-f)
May 02 2022 - 4:06PM
Edgar (US Regulatory)
|
UNITED STATES |
|
|
SECURITIES AND EXCHANGE COMMISSION |
|
|
WASHINGTON, DC 20549 |
|
|
|
|
|
FORM 12b-25 |
|
|
|
|
|
NOTIFICATION OF LATE FILING |
|
(Check One): |
☐ Form 10-K ☒ Form 20-F ☐ Form
11-K ☐ Form 10-Q ☐ Form 10-D ☐ Form
N-SAR ☐ Form N-CSR |
|
|
|
|
For Period Ended: |
DECEMBER 31, 2021 |
|
|
|
☐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: ________________________ |
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
NISUN INTERNATIONAL ENTERPRISE DEVELOPMENT
GROUP CO., LTD
Full Name of Registrant
Hebron Technology Co., Ltd.
Former Name if Applicable
99 Danba Rd, Bldg C9, Putuo District
Address of Principal Executive Office (Street and Number)
Shanghai, People’s Republic
of China
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-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 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-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
(Attach extra Sheets if Needed)
The Registrant was unable to file its annual report
on Form 20-F for the year ended December 31, 2021 (the “Form 20-F”) within the prescribed time period without unreasonable
effort or expense due to COVID-19 pandemic related delays resulting in additional time required to complete the audit of the Registrant’s
financial statements. The Registrant expects to file the Form 20-F no later than the fifteenth calendar day following the prescribed due
date.
PART IV -- OTHER INFORMATION
(1) |
Name and telephone number of person to contact in regard to this notification |
Anthony W. Basch, Esq. |
|
(804) |
|
771-5700 |
(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.
The Registrant has made a preliminary determination
of the results of operations, which are subject to change prior to filing the annual report on Form 20-F.
The Registrant’s total revenue for the year
ended December 31, 2021, was approximately $160.2 million, representing an increase of approximately $118.0 million, or 280%, from $42.2
million for the year ended December 31, 2020, with increases in both revenue from financial service
and revenue from supply chain sales. The increase in the Registrant’s revenue was primarily attributable to its ability to expand
its business, acquire higher quality customers and achieve a higher customer retention. Gross profit from continuing operations was approximately
$54.0 million for the year ended December 31, 2021, representing an increase of approximately $31.8 million, or 143%, from $22.2 million
for the year ended December 31, 2020. The increase in the gross profit was primarily attributable to the increased sales from its financial
services business which had an increase in demand from SME enterprises to seek financing solutions. The Registrant is in the process of
finalizing its financial statements. Notwithstanding the result of its determination, the Registrant expects to have significant increases
in the results of operations for the year ended December 31, 2021 compared to that of 2020.
NISUN INTERNATIONAL ENTERPRISE DEVELOPMENT GROUP CO., 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 |
May 2, 2022 |
|
By |
/s/ Xiaoyun Huang |
|
|
|
|
Xiaoyun Huang, Chief Executive Officer |
3
NiSun International Ente... (NASDAQ:NISN)
Historical Stock Chart
From Mar 2024 to Apr 2024
NiSun International Ente... (NASDAQ:NISN)
Historical Stock Chart
From Apr 2023 to Apr 2024