Xiao-I Corp. ADR ( (AIXI) ) has released a notification of late filing.
Xiao-I Corporation, a company based in Shanghai, China, has filed a Form 12b-25 to notify the delay in submitting its annual report on Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the time constraints involved in compiling, disseminating, and reviewing the necessary information, including financial statements, which made timely filing impracticable without unreasonable effort or expense. The company anticipates filing the delayed report on or before the extended deadline permitted under Rule 12b-25. Xiao-I Corporation does not expect any significant changes in its financial results from the previous fiscal year, and the notification includes forward-looking statements under the safe harbor provisions. The company is committed to ongoing compliance efforts, as indicated by the signature of Hui Yuan, the Chief Executive Officer, on the notification.
Spark’s Take on AIXI Stock
According to Spark, TipRanks’ AI Analyst, AIXI is a Underperform.
Xiao-I Corp. ADR’s overall performance is critically affected by severe financial instability, despite its revenue growth. The stock’s bearish momentum and negative valuation further weigh down its attractiveness, highlighting key risks in profitability and solvency.
To see Spark’s full report on AIXI stock, click here.
More about Xiao-I Corp. ADR
YTD Price Performance: -35.69%
Average Trading Volume: 99,070
Technical Sentiment Signal: Buy
Current Market Cap: $30.07M
Find detailed analytics on AIXI stock on TipRanks’ Stock Analysis page.