Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
April 14 2023 - 3:01PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SEC
File No: 005-55875
|
FORM
12b-25 |
CUSIP
No: 759960 10 7 |
NOTIFICATION
OF LATE FILING
(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: |
February
28, 2023 |
|
|
☐ |
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
1 — REGISTRANT INFORMATION |
|
Renewable
Innovations, Inc. |
Full
Name of Registrant |
|
Former
Name if Applicable |
|
588
West 400 South, Suite 110 |
Address
of Principal Executive Office (Street and Number) |
|
Lindon,
UT 84042 |
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
reasons 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-SAR or Form N-CSR, or a 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 the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof,
could not be filed within the prescribed time period.
The
Form 10-Q for the quarter ended February 28, 2023 could not be filed within the prescribed time period because we need additional time
to compile and review data and other information regarding certain material operations of the Company. This data and information are
not currently available and could not be made available without unreasonable effort and expense. We are actively working to compile and
review this information.
PART
IV — OTHER INFORMATION
(1)
Name and telephone number of person to contact in regard to this notification
Lynn
Barney |
|
(801) |
|
406-6740 |
(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.
On
December 1, 2022, pursuant to an Agreement and Plan of Merger, dated as of December 1, 2022, by and among Nestbuilder, NB Merger Corp.,
a Delaware corporation and a direct, wholly owned subsidiary of Nestbuilder (“Merger Sub”), Renewable Innovations, Inc.,
a Delaware corporation (“Renewable Innovations” or the “Company”), Lynn Barney, as the representative of Renewable
Innovations’ securityholders, and Alex Aliksanyan, as the Nestbuilder representative, Nestbuilder acquired Renewable Innovations
through the merger of Merger Sub with and into Renewable Innovations (the “Merger”), with Renewable Innovations continuing
as the surviving corporation and becoming a wholly owned subsidiary of Nestbuilder. As a result of the transaction, there is a significant
change in results of operations from the corresponding period for the last fiscal year.
Renewable
Innovations, 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 |
April
14, 2023 |
By |
/s/
Robert L. Mount |
|
|
|
Robert
L. Mount |
|
|
|
Chief
Executive Officer |
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