Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
May 17 2022 - 12:58PM
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 N-SAR |
|
☐ Form
N-CSR |
|
|
|
|
|
For
Period Ended: March 31, 2022
☐ |
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
Grapefruit
USA, Inc. |
|
|
|
Full
Name of Registrant |
|
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Former
Name if Applicable |
|
|
|
1000
Northwest Street, Mid-Town Brandy Wine, Suite 1200-3094 |
|
|
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Address
of Principal Executive Office (Street and Number) |
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Wilmington, DE 19801 |
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|
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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; |
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☒
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(b)
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The
subject annual report, semi-annual report, transition report on Form 10-K, 20-F, 11-K, 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 |
|
|
|
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(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 the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof, could not be
filed within the prescribed time period.
The
Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, cannot be filed within the prescribed time period
because the Registrant is experiencing delays in the compilation of certain financial and other information required to be included in
the Form 10-Q. The Registrant intends to file the Quarterly Report on Form 10-Q on or before the fifth 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 |
Bradley
J. Yourist |
|
310 |
|
575-1175 |
(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 the 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.
Grapefruit
USA, Inc.
(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 17, 2022 |
By: |
/s/
Bradley J. Yourist |
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Bradley J. Yourist |
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Chief
Executive Officer |
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