UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

NOTIFICATION OF LATE FILING

 

SEC FILE NUMBER 001-33765

CUSIP NUMBER 00941Q104

 

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

   

For Period Ended: December 31, 2019

  ¨ 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

 

AirNet Technology Inc.

Full Name of Registrant

 
AirMedia Group Inc.
Former Name if Applicable

 

15/F, Sky Plaza, No. 46 Dongzhimenwai Street, Dongcheng District

Address of Principal Executive Office (Street and Number)

 

Beijing 100027, People’s Republic of China

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
x (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.

 

AirNet Technology Inc. (the “Company”) is unable to file its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the “Annual Report”) within the prescribed time period due to constraints on the Company and its personnel resulting from the COVID-19 pandemic. The Company is in the process of preparing and reviewing the financial information and compiling the information to be included in the Annual Report, as well as the completion of the required review of the Company’s financial information, none of which could be completed by the date required without incurring undue hardship and expenses. The Company currently expects to file the Annual Report within the 15-day extension period prescribed by Rule 12b-25(b)(2)(ii) under the Securities Exchange Act of 1934.

 

PART IV — OTHER INFORMATION

  

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

 

  Xin Li   (86 10)   (8460-8818)
  (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 x 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 x

 

  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.

    

 

 

 

AirNet Technology 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 12, 2020   By: /s/ Xin Li
      Name: Xin Li
      Title: Chief Financial Officer

  

 

 

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