NT 10-K 1 formnt10-k.htm

 

 

 

  UNITED STATES  
 

SECURITIES AND EXCHANGE

COMMISSION

 
  Washington, D.C. 20549 SEC FILE NUMBER
    000-41182
  FORM 12b-25  
     
  NOTIFICATION OF LATE FILING CUSIP NUMBER
 

 

(Check one):

78661R106

G2266L119

78661R205

 

☒ Form 10-K ☐ Form 20-F ☐ Form 11-K
☐ Form 10-Q ☐ Form 10-D ☐ Form N-SAR ☐ Form N-CSR

 

For Period Ended: December 31, 2021

 

  ☐ 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

 

SAGALIAM ACQUISITION CORP.

Full Name of Registrant

 

N/A

Former Name if Applicable

 

1800 Avenue of the Stars, Suite 1475

Address of Principal Executive Office (Street and Number)

 

Los Angeles, CA 900067

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 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 Registrant was unable to file its Annual Report on Form 10-K (the “Form 10-K”) for the year ended December 31, 2021 in a timely manner due to unexpected delays in the completion of the audit. As such the Registrant cannot file its Form 10-K within the prescribed period without undue hardship and expense and requires additional time to complete the compilation of its financial statements for the Form 10-K and plans on filing the Form 10-K as soon as practical and within the fifteen calendar period provided by Rule 12b-25 for delayed filings.

 

PART IV — OTHER INFORMATION

 

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

 

Barry Kostiner

(Name)

213

(Area Code)

616-0011

(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.

 

 

 

 

SAGALIAM ACQUISITION CORP.

(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, 2022 By: /s/ Barry Kostiner
      Barry Kostiner
    Title: Chairman and Chief Executive Officer