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One World Products (OWPC) notifies SEC of late 10-K due to incomplete audit

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
NT 10-K

Rhea-AI Filing Summary

One World Products, Inc. submitted a Form 12b-25 notification stating its Form 10-K for the fiscal year ended December 31, 2025 could not be filed on time because the audit of the 2025 financial statements was not completed by the prescribed close of business on March 31, 2026. The notice invokes Rule 12b-25 and indicates the company expects to rely on the relief procedures available under that rule.

Positive

  • None.

Negative

  • None.
Fiscal year end December 31, 2025 Form 10-K requested for fiscal year ended December 31, 2025
Prescribed close of business date March 31, 2026 Audit not completed prior to close of business on March 31, 2026
Contact telephone 800-605-3210 Contact listed: Isiah L. Thomas, III, Chief Executive Officer
Rule 12b-25 regulatory
"could not be filed within the prescribed time period without unreasonable effort"
Rule 12b-25 is an SEC filing provision that lets a company notify regulators and the public that it cannot file a required periodic report (like a quarterly or annual report) on time and explains the reason for the delay. For investors, the notice is a formal heads-up that financial information will arrive late—similar to a company calling to say it will be late turning in homework—so it signals increased uncertainty and may affect trading and risk assessments until the filing is available.
Form 12b-25 notification regulatory
"FORM 12b-25 NOTIFICATION OF LATE FILING"
audit of the Registrant's financial statements financial
"the audit of the Registrant’s financial statements for the fiscal year ended December 31, 2025"

 

 

 

  UNITED STATES OMB APPROVAL
 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

OMB Number:        3235-0058

Expires:           September 30, 2028

Estimated average burden

hours per response.......... 2.50

 

 

SEC FILE NUMBER

 

 

CUSIP NUMBER

 

 

(Check one):

☒ Form 10-K

Form 10-Q

☐ Form 20-F

☐ Form 10-D

☐ Form 11-K

☐ Form N-CEN

☐ Form N-CSR

 

  For Period Ended: December 31, 2025  

 

  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:________________________________________

 

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

 

ONE WORLD PRODUCTS, INC.

 

Full Name of Registrant

 

 

 

Former Name if Applicable

 

6605 Grand Montecito Pkwy., Suite 100

 

Address of Principal Executive Office (Street and Number)

 

Las Vegas, NV 89149

 

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-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’s Form 10-K for the fiscal year ended December 31, 2025, could not be filed within the prescribed time period without unreasonable effort or expense because the audit of the Registrant’s financial statements for the fiscal year ended December 31, 2025, had not been completed prior to the close of business on March 31, 2026.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification
   
 

Isiah L. Thomas, III, Chief Executive Officer

  (800)   605-3210
  (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.

 

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ONE WORLD PRODUCTS, 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 March 31, 2026   By /s/ Isiah L. Thomas, III, CEO

 

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FAQ

Why did OWPC file Form 12b-25 instead of the Form 10-K?

Because the audit for the year ended December 31, 2025 was not finished by the deadline. The company states the audit was incomplete as of the close of business on March 31, 2026, prompting the late-filing notification under Rule 12b-25.

Does the Form 12b-25 tell when OWPC will file the delayed 10-K?

The notice indicates reliance on Rule 12b-25 relief but does not provide a specific filing date. It states the company could not complete the audit by March 31, 2026 and expects to use the allowance under the rule.

Who is the contact for questions about OWPC's late filing?

The company lists Isiah L. Thomas, III, Chief Executive Officer as the contact. The telephone number provided is 800-605-3210 for inquiries related to the notification.

Will OWPC disclose material changes in results in the delayed 10-K?

The Form 12b-25 asks whether a significant change is anticipated; the provided excerpt marks the corresponding question but does not state an anticipated change. Any material changes would appear in the filed Form 10-K.