UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

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SEC FILE NUMBER
000-54756 
CUSIP NUMBER
694347105

 

(Check one): ☒ Form 10-K ☐ Form 20-F ☐ Form 11-K
  ☐ Form 10-Q ☐ Form 10-D ☐ Form N-CEN ☐ Form N-CSR

 

  For Period Ended:   March 31, 2025  

☐ Transition Report on Form 10-K

☐ Transition Report on Form 20-F

☐ Transition Report on Form 11-K

☐ Transition Report on Form 10-Q

  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

 

PACIFIC GREEN TECHNOLOGIES INC.
Full Name of Registrant
 
Not Applicable
Former Name if Applicable
 
Suite 10212, 8 The Green
Address of Principal Executive Office (Street and Number)
 
Dover, DE 19901
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-CEN 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-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

Pacific Green Technologies Inc. (the “Registrant”) was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the period ended March 31, 2025 (the “Annual Report”) by the June 29, 2025 filing date applicable to smaller reporting companies due to the delay in catching up with filing of prior periods’ financial statements.

 

Following filing of the 10-K Annual Report for the year ended March 31, 2024 on June 20, 2025, the Registrant is in the process of finalizing the 10-Q quarterly financial statements for the quarters ending June 30, 2024, September 30, 2024 and December 31, 2024.

 

The Registrant plans to file the Annual Report once the 10-Q quarterly financial statements for the preceding quarters have been filed, and is in the process of compiling required information to complete the Annual Report for the year ended March 31, 2025.

 

The Registrant anticipates that it will file the Annual Report no later than the fifteenth calendar day following the prescribed filing date.

 

PART IV — OTHER INFORMATION

 

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

 

Scott Poulter   302   601-4659
(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
   
 

The Form 10-Q unaudited quarterly financial statements for the quarters ending June 30, 2024, September 30, 2024 and December 31, 2024 have not yet been filed.

   
(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

 

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PACIFIC GREEN TECHNOLOGIES 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 30, 2025   By /s/ SCOTT POULTER
      Scott Poulter,
      C.E.O. and Director

 

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