UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:
_____ Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period to
Date of Report (Date of earliest event reported)
Commission File Number of securitizer:
Central Index Key Number of securitizer:
Name and telephone number, including area code,
of the person to
contact in connection with this filing.
Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [ ]
Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [ ]
Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [ ]
X Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)
PFP 2025-12, Ltd. and PFP 2025-12, LLC
(Exact name of issuing entity as specified in its charter)
Central Index Key Number of issuing entity (if applicable): 0002068089
Central Index Key Number of issuing entity (if applicable): 0002067931
Central Index Key Number of underwriter (if applicable): __________
Jon Brayshaw (212) 231-9071
Name and telephone number, including area code,
of the person to
contact in connection with this filing
INFORMATION TO BE INCLUDED IN THE REPORT
PART II: FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS
Item 2.01 Findings and Conclusions of a Third-Party Due Diligence Report Obtained by the Issuer
See attached Independent Accountants’ Report on Applying Agreed-Upon Procedures, dated May 19, 2025, which was obtained by the addressee thereof, attached as Exhibit 99.1 to this Form ABS-15G.
Item 2.02 Findings and Conclusions of a Third-Party Due Diligence Report Obtained by the Underwriter
Not applicable.
Exhibits.
| 99.1 | Independent Accountants’ Report on Applying Agreed-Upon Procedures, dated May 19, 2025 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 19, 2025
PFP 2025-12, Ltd.
/s/ Jon W. Brayshaw
Jon W. Brayshaw, Director
EXHIBIT INDEX
| Exhibit Number | Description |
| Exhibit 99.1 | Independent Accountants’ Report on Applying Agreed-Upon Procedures, dated May 19, 2025 |