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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 12b25 NOTIFICATION OF LATE FILING (Check One): x Form 10K o Form 10D o Form 20F Form NEAR o Form 11K Form CSR o Form 10Q
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How to Fill Out a Transition Report:

01
Begin by gathering all the necessary information and documentation regarding the transition. This may include financial records, employee information, and any other relevant data.
02
Review the guidelines and requirements for filling out the transition report. Familiarize yourself with the specific format and sections that need to be completed.
03
Start by providing an overview of the transition, including the reason for the transition and any key dates or milestones.
04
Proceed to document any changes in ownership, management, or organizational structure that are occurring as part of the transition. Include details about the new entities or individuals involved.
05
Detail any financial aspects of the transition. This may involve reporting on the transfer of assets and liabilities, changes in financial statements, or any other financial implications resulting from the transition.
06
Include information on any contracts, agreements, or legal matters that are affected by the transition. Be sure to highlight any necessary actions or steps that need to be taken to ensure legal compliance.
07
If applicable, provide information on any impacts the transition may have on employees or stakeholders. This can include details on new roles or responsibilities, changes in benefits or compensation, and any other relevant information.
08
Conclude the transition report by summarizing the overall impact and outcome of the transition. This may include any expected benefits or challenges that may arise.
09
Review the completed report for accuracy and completeness. Make any necessary revisions or additions before submitting it.
10
Once the report is ready, distribute it to the appropriate parties, such as management, shareholders, or regulatory authorities.

Who Needs a Transition Report:

01
Businesses undergoing a change in ownership or management, such as mergers, acquisitions, or spin-offs, need a transition report to document the details and impacts of the transition.
02
Companies that are going through a significant organizational restructuring or reorganization may also need to prepare a transition report to communicate the changes internally and externally.
03
Regulatory authorities or governing bodies may require certain businesses or industries to submit a transition report as part of their compliance obligations.
04
Investors or shareholders may request a transition report to gain insights into the potential impact of the transition on the company's financials and future prospects.
05
Employees and stakeholders who are directly affected by the transition may also benefit from a transition report to understand the changes and their implications.
Overall, a transition report serves as a comprehensive document that outlines the details of a transition and provides relevant information to various stakeholders involved in or affected by the change.
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