UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 12b-25

 

 

 

NOTIFICATION OF LATE FILING

Commission File Number: 001-35637

CUSIP Number: 0462220109 

 

(Check one): 

☐  Form 10-K   

☐   Form 20-F 

☐  Form 11-K      

☒ Form 10-Q 

☐  Form 10-D 

 

☐  Form N-CEN 

☐   Form N-CSR

 

 

 

 

For Period Ended:   December 31, 2019

 

 

 

 

 

 

 

 

☐   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:                                                                           

 

 

 

 

 

 

 

           

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

 

 Asta Funding, Inc.                                                                                                            

Full Name of Registrant

 

                                                                                                             

Former Name if Applicable

 

 210 Sylvan Avenue                                                                                                            

Address of Principal Executive Office (Street and Number)

 

 Englewood Cliffs, NJ 07632                                                                                                            

City, State and Zip Code

 

 
 

 

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)

 

☒

(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 Registrant was unable to file its Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2019 (the “Quarterly Report”) on February 14, 2020, due to delays experienced in the collection, compilation and analysis of certain information that may be included in the Quarterly Report. The Registrant intends to file the Quarterly Report with the Securities and Exchange Commission within the five-day extension 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

 

       Steven Leidenfrost  

             (201)               

             567-5648           

(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.

 

 
 

 

             Asta Funding, 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:  February 18, 2020

By:

/s/ Steven Leidenfrost

 

 

 

Name:   Steven Leidenfrost

 

 

 

Title:     Chief Financial Officer

 

 

    

 

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