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Cemtrex, Inc. Releases Amendment No. 1 to 2024 10-K: Shareholder Table Correction

$CETX
Form 10-K/A
Filed on: 2025-01-10
Source
Cemtrex, Inc. Releases Amendment No. 1 to 2024 10-K: Shareholder Table Correction

Here's a summary of the key information and insights extracted from the provided financial report section:

  1. Company Information:
  • Name: Cemtrex, Inc.
  • CIK: 0001435064
  • IRS Employer Identification Number: 30-0399914
  • Location: 135 Fell Ct, Hauppauge, NY 11788
  • Contact: 631-756-9116
  • Stock Information: Common stock with a par value of $0.001, traded on NASDAQ under the ticker symbol CETX.
  1. Filing Details:
  • This document is an Amendment No. 1 to the Annual Report on Form 10-K for the fiscal year ended September 30, 2024.
  • The original filing was submitted to the SEC on December 30, 2024.
  1. Purpose of Amendment:
  • The amendment is specifically to correct the beneficial ownership table in Part III, Item 12, by including missing 5% shareholders that were inadvertently omitted in the original filing.
  1. Contents of the Amendment:
  • The amendment includes:
    • The facing page.
    • An explanatory note.
    • Item 12 (the corrected beneficial ownership table).
    • Item 15 (signature pages).
    • Applicable exhibits.
  • It does not include financial statements or amendments to other disclosures from the original filing.
  1. Compliance and Certifications:
  • New certifications from the Company’s principal executive officer and principal financial officer are included as required by Rule 12b-15 under the Exchange Act.
  • Certain disclosures under Items 307 and 308 of Regulation S-K have not been amended or updated.
  • Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are not included, as no financial statements are being amended.
  1. Future Considerations:
  • The company clarifies that this amendment does not reflect any events or information occurring after the original filing date and should be interpreted in conjunction with the original filing and other SEC submissions.

Insights:

  • The amendment indicates that Cemtrex, Inc. is focused on maintaining compliance with SEC regulations by correcting previous omissions related to shareholder disclosures.
  • The filing reflects the company's commitment to transparency and accuracy in reporting, which is crucial for investor confidence.
  • The absence of financial statements suggests that the company is not altering its financial performance or position but rather addressing administrative oversights.