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Ultralife Corporation Files Form 12b-25 Notification of Late Filing

1. ULBI filed for a late Form 10-K due to audit issues. 2. Delay stems from accounting for Electrochem Solutions acquisition. 3. Earnings release postponed, new date to be announced. 4. Audit completion is crucial for financial transparency. 5. Company operates in power solutions and communications sectors.

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Why Neutral?

While the late filing raises concerns, it is not uncommon. Historical examples show that similar delays can have mixed effects on stock prices, often depending on the reasons behind the delay and subsequent financial results.

How important is it?

The late filing could affect investor confidence, but clarity on financials will come soon. The market tends to focus more on actual results than the delay itself.

Why Short Term?

Investors typically react quickly to filing delays. Once the Form 10-K is filed and earnings reported, the impact can dissipate swiftly based on revealed financial conditions.

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ECSACLS
March 07, 2025 16:05 ET  | Source: Ultralife Corporation NEWARK, N.Y., March 07, 2025 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI), today announced that it has filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission in connection with its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The extension is necessary to allow for the completion of the accounting close and financial results audit of Electrochem Solutions, Inc., which the Company acquired on October 31, 2024. The Company expects to file its Form 10-K with the Securities and Exchange Commission as soon as practicable, and no later than April 1, 2025, in accordance with Rule 12b-25. In addition, the Company will reschedule its earnings release and conference call for the fourth quarter and fiscal year 2024, previously scheduled for Tuesday, March 11, 2025, and announce the date and time of the rescheduled earnings release and call once the filing date of its Form 10-K is confirmed.  About Ultralife Corporation Ultralife Corporation serves its markets with products and services ranging from power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government/defense and commercial customers across the globe. Headquartered in Newark, New York, the Company's business segments include Battery & Energy Products and Communications Systems. Ultralife has operations in North America, Europe and Asia. For more information, visit www.ultralifecorporation.com.

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