SEC FILE NUMBER: 001-39111
CUSIP NUMBER: 74738J 102
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b‑25
NOTIFICATION OF LATE FILING
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(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: September 30, 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 |
| 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
Q&K International Group Limited
Full Name of Registrant
N/A
Former Name if Applicable
Suite 1607, Building A
No.596 Middle Longhua Road
Xuhui District
Address of Principal Executive Office (Street and Number)
Shanghai, 200032, 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)
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☒ | (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. |
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SEC 1344 (06‑19) | Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
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.
(Attach extra Sheets if Needed)
Q&K International Group Limited (the “Registrant”) has experienced a delay in compiling all information necessary for the disclosure and finalizing its financial statements with its independent public accountant in connection with its filing of the Form 20-F for the fiscal year ended September 30, 2021 (the “FY 2021 Form 20-F”). In addition, the Registrant received comments of the staff of the Division of Corporation Finance of the Securities and Exchange Commission on January 24, 2022 on its Form 20-F for the fiscal year ended September 30, 2020, and is preparing responses to these comments and will reflect relevant responses in the FY 2021 Form 20-F. Therefore, the Registrant needs additional time to complete the FY 2021 Form 20-F.
PART IV — OTHER INFORMATION
(1) | Name and telephone number of person to contact in regard to this notification |
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Chengcai Qu | 86 | 21-6422-8532 |
(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 |
(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.
Forward-Looking Statements
This notification contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the quotations from management in this notification and Q&K International Group Limited and its subsidiaries’ (collectively, the “Group”) operations and business outlook contain forward-looking statements. Such statements involve certain risks, uncertainties and other factors that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include, but are not limited to the following: the Group’s ability to access financing on favorable terms in a timely manner and maintain and expand its cooperation with financial institutions; the Group’s ability to continue as a going concern in the future or achieve or maintain profitability; the Group’s ability to effectively respond to the challenges and uncertainties resulting from the COVID-19 pandemic and other outbreaks and catastrophes; the Group’s ability to control the quality of its operations, including the operation of the rental apartments managed by third-party contractors; the Group’s ability to manage its growth; the Group’s ability to integrate strategic investments, acquisitions and new business initiatives; the Group’s ability to attract and retain tenants and landlords, including tenants and landlords from its acquired lease contracts; the Group’s ability to resolve disputes with third parties; the Group’s ability to manage its brand and reputation; the Group’s goal and strategies; the Group’s limited operating history; the Group’s ability to compete effectively; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Group’s filings with the U.S. Securities and Exchange Commission. Except as required by law, the Group does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Q&K International Group Limited
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: | January 28, 2022 | By: | /s/ Chengcai Qu |
| | Name: | Chengcai Qu |
| | Title: | Chairman of the Board of Directors, Chief Executive Officer, Chief Operating Officer and Vice President |