UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 12B-25

NOTIFICATION OF LATE FILING

 (CHECK ONE): ☐ Form 10-K ☐   Form 20-F  ☐ Form 11-K ☒ Form 10-Q ☐ Form 10-D ☐ Form N-SAR ☐  N-CSR

For Period Ended: April 30, 2024

☐	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:

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

Leopard Energy, Inc.

 Full Name of Registrant

Former Name if Applicable

Via Tomaso Rodari 6

Address of Principal Executive Office (Street and Number)

Lugano, Switzerland 6900

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 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. (Attach extra sheets if needed)

As previously reported in Registrant’s filings under the Securities Exchange Act of 1934, as amended, Registrant is in the process of restating the financial statements contained in its Quarterly Reports on Form 10-Q for the quarters ended October 31, 2023 and January 31, 2024.  Until such restatement is completed, Registrant is unable to finalize and file financial statements for quarter ended April 30, 2024.  Registrant will use commercially reasonable efforts to complete the restatement and filing of financial statements for the prior periods indicated and file the Form 10-Q for the quarter ended April 30, 2024, as soon as practicable,

PART IV

OTHER INFORMATION

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

Luca Benedetto	(+41)	79 1595013
(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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 Leopard Energy, 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: June 14, 2024	By:	/s/ Luca Benedetto
		Luca Benedetto
		Chief Financial Officer

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