0001437749-22-007776.txt : 20220331 0001437749-22-007776.hdr.sgml : 20220331 20220331102641 ACCESSION NUMBER: 0001437749-22-007776 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220331 DATE AS OF CHANGE: 20220331 EFFECTIVENESS DATE: 20220331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SPAR Group, Inc. CENTRAL INDEX KEY: 0001004989 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 330684451 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27408 FILM NUMBER: 22789953 BUSINESS ADDRESS: STREET 1: 1910 OPDYKE COURT CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 2483647727 MAIL ADDRESS: STREET 1: 1910 OPDYKE COURT CITY: AUBURN HILLS STATE: MI ZIP: 48326 FORMER COMPANY: FORMER CONFORMED NAME: SPAR GROUP INC DATE OF NAME CHANGE: 19990713 FORMER COMPANY: FORMER CONFORMED NAME: PIA MERCHANDISING SERVICES INC DATE OF NAME CHANGE: 19951220 NT 10-K 1 sgrp20220331_nt10k.htm FORM NT 10-K sgrp20220331_nt10k.htm

 

   

OMB APPROVAL
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB Number:         

Expires:

Estimated average burden hours per response

3235-0058

March 31, 2022

2.50
  FORM 12b-25

SEC FILE NUMBER

0-27408
  NOTIFICATION OF LATE FILING

CUSIP NUMBER

784933 10 3

 

(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: December 31, 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

 

SPAR Group, Inc.

Full Name of Registrant

 

 

Former Name if Applicable

 

1910 Opdyke Court

Address of Principal Executive Office (Street and Number)

 

Auburn Hills, MI 48326

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.

 

 

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.

 

The filing of the Annual Report on Form 10-K for the period ended December 31, 2021 (the “Report”), with the Securities and Exchange Commission (the “SEC”), for SPAR Group, Inc., and its subsidiaries (collectively, the "Company") will be delayed because the Company: (1) has become aware of disclosure errors in the footnote related to Income Taxes in the financial statements for the year ended December 31, 2020 (the “Errors”); and is (2) determining whether, and how, to address the Errors in the Report.

 

The disclosure errors mentioned above had no effect on the consolidated balance sheets, statement of operations and comprehensive income, equity and cash flows for any periods presented.  The Company continues to assess its internal control over financial reporting in light of the discovery of the Errors. 

 

The Company believes that such Report will be filed on or before the fifteenth calendar day following the prescribed due date of the Report.

 

PART IV — OTHER INFORMATION

 

(1)

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

 

 

Fay DeVriese

  

248

  

364-8450

(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.

 

 

SPAR Group, 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 

 March 31, 2022  

By

/s/ Fay DeVriese

 

 

  

Name: 

Fay DeVriese 

 

 

  

Title: 

Chief Financial Officer, Treasurer 

 
      and Secretary (Principal Financial and  
      Accounting Officer)  

 

 

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