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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | Expires: February 28, 2022 | ||
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FORM 12b-25 | SEC FILE NUMBER | ||
CUSIP NUMBER | |||
NOTIFICATION OF LATE FILING |
(Check one): | ☐ | Form 10-K | ☐ | Form 20-F | ☐ | Form 11-K | ☑ | Form 10-Q | ☐ | Form 10-D | ☐ | Form N-SAR | ☐ | Form N-CSR |
For Period Ended: March 31, 2019 | ||||||||||||||
☐ | 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 |
Sanara MedTech Inc. | |
Full Name of Registrant | |
Wound Management Technologies, Inc. | |
Former Name if Applicable | |
1200 Summit Ave, Suite 414 | |
Address of Principal Executive Office (Street and Number) | |
Fort Worth, Texas 76102 | |
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-SAR 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 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.
Sanara MedTech Inc., formerly named Wound Management Technologies, Inc. (the “Company”) plans to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019 (the “10-Q”) with the Securities and Exchange Commission (“SEC”) as soon as practicable and within the five calendar day period provided by Rule 12b-25.
The Company required additional time to complete its analysis of technical accounting issues associated with its recent acquisition of Cellerate, LLC and the related recapitalization of the business. The Companyís independent accounting firm also required additional time to complete its review of the financial statements and related disclosures. As a result, the registrant is unable to file, without unreasonable effort and expense, its Quarterly Report on Form 10-Q on the original due date.
PART IV — OTHER INFORMATION |
(1) | Name and telephone number of person to contact in regard to this notification | ||||||||
Michael McNeil | 817 | 529-2300 | |||||||
(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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Sanara MedTech 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 16, 2019 | By: | /s/ Michael McNeil | ||
Name: Michael McNeil | ||||
Title: Chief Financial Officer |
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