Filing Analysis
Leatt Corp. filed a Certificate of Correction to rectify an inadvertent omission regarding a 1-for-25 reverse stock split of its Series A Preferred Stock. The company also amended its Certificate of Designation to ensure future parity between common and preferred stock during splits or dividends.
🚩 Red Flags
- Historical error in corporate filings (omission of a reverse split in 2012)
- Complexity in capital structure adjustments involving preferred stock
📋 Key Facts
- The company inadvertently omitted a 1-for-25 reverse split for Series A Preferred Stock in a 2012 amendment.
- A Certificate of Correction was filed on August 11, 2026, to implement the 1-for-25 Series A Reverse Split.
- The Series A Preferred Stock outstanding was reduced from 3,000,000 shares to 120,000 shares.
- The Certificate of Designation was amended to remove a previous conversion rate adjustment clause and replace it with a parity clause for future splits/dividends.
- The amendment was approved via written consent by the holder of 96,000 shares (80% of Series A voting power).
Leatt Corp. announced its financial results for the fiscal quarter ended June 30, 2026, and scheduled an earnings call to discuss the performance.
📋 Key Facts
- Reported on August 14, 2026
- Covers fiscal quarter ended June 30, 2026
- Earnings call held at 10:00 am ET on August 14, 2026
- Results were released via press release (Exhibit 99.1)
Leatt Corp. filed an 8-K to announce its quarterly financial results for the period ending September 30, 2025. The filing serves as a formal mechanism to furnish the earnings press release to the SEC.
📋 Key Facts
- Report date: November 6, 2025
- Reporting period: Quarter ended September 30, 2025
- The company is an 'Emerging Growth Company' as defined by the SEC.
- Financial results were released via press release (Exhibit 99.1).
Leatt Corp. filed an 8-K to announce its financial results for the quarter ended June 30, 2025. The filing serves as a formal notice that a press release containing these results has been issued.
📋 Key Facts
- Company announced financial results for the quarter ending June 30, 2025.
- The announcement was made via a press release dated August 7, 2025.
- The filing includes Exhibit 99.1 containing the full press release.
Leatt Corp. held its 2024 Annual Stockholders' Meeting on July 1, 2025. The meeting resulted in the election of three directors and the ratification of M&K CPAS, PLLC as the company's independent auditors.
📋 Key Facts
- Annual Meeting held on July 1, 2025.
- 80.43% of total issued and outstanding capital stock was represented (14,652,444 shares).
- Dr. Christopher J. Leatt, Sean Macdonald, and Jeffrey J. Guzy were elected to the Board of Directors.
- M&K CPAS, PLLC was ratified as independent auditors for the fiscal year ending December 31, 2025.
Leatt Corp. filed an 8-K to announce its quarterly financial results for the period ending March 31, 2025. The filing serves as a formal vehicle to furnish the press release containing these results to the SEC.
📋 Key Facts
- The company issued a press release on May 14, 2025, regarding financial results for the quarter ended March 31, 2025.
- The filing is being made under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
- Sean Macdonald (CEO and CFO) signed the report.
Leatt Corp. announced the resignation of its independent auditor, Fitzgerald & Co., CPAs, P.C., effective March 31, 2025. The company has appointed M&K CPAs PLLC to succeed them as the new accounting firm.
🚩 Red Flags
- Sudden auditor resignation can sometimes precede financial restatements or internal control issues, though management explicitly denies disagreements in this filing.
- The transition occurs immediately following the end of the first quarter (March 31), which may create reporting delays for upcoming periodic filings.
📋 Key Facts
- Fitzgerald & Co., CPAs, P.C. resigned as the independent auditor on March 31, 2025.
- M&K CPAs PLLC has been engaged to take over audit responsibilities effective April 1, 2025.
- The company stated there were no disagreements with Fitzgerald regarding accounting principles, practices, or auditing scope.
- No 'reportable events' under Item 304(a)(1)(v) of Regulation S-B occurred during the two most recent fiscal years.
- Fitzgerald provided a letter to the SEC (Exhibit 16) confirming their position on the company's statements.
Leatt Corp. filed an 8-K to announce its financial results for the fiscal year ended December 31, 2024. The filing serves as a formal mechanism to furnish the company's annual press release via Exhibit 99.1.
📋 Key Facts
- Report date: March 28, 2025
- Reporting period covered: Fiscal year ended December 31, 2024
- The filing includes a press release as Exhibit 99.1 regarding financial results.
- Company is an 'Emerging Growth Company' under SEC guidelines.
Leatt Corp. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2024. The filing serves as a vehicle to furnish the press release containing these results via Exhibit 99.1.
📋 Key Facts
- The company reported financial results for the quarter ending September 30, 2024.
- Results were announced via press release on October 29, 2024.
- The filing includes Exhibit 99.1 (Press Release) and Exhibit 104 (Interactive Data File).
Leatt Corp. filed an 8-K to announce its quarterly financial results for the period ended June 30, 2024. The filing primarily serves as a vehicle to furnish the press release containing these earnings results.
📋 Key Facts
- The company issued a press release on August 9, 2024, regarding financial results for the quarter ended June 30, 2024.
- The filing includes Exhibit 99.1 (Press Release) and Exhibit 104 (Interactive Data File).
- The report was signed by Sean Macdonald, CEO and CFO.
Leatt Corp. held its 2023 Annual Stockholders' Meeting on June 21, 2024. The meeting resulted in the election of three directors and the ratification of the company's independent auditor.
📋 Key Facts
- Annual Meeting held on June 21, 2024.
- 73.43% of total issued and outstanding capital stock was represented (13,376,150 shares).
- Dr. Christopher J. Leatt, Mr. Sean Macdonald, and Mr. Jeffrey J. Guzy were elected to the Board of Directors.
- Stockholders ratified the appointment of Fitzgerald & Co, CPAs, P.C. as independent auditors for the fiscal year ending December 31, 2024.
Leatt Corp. filed an 8-K to announce its quarterly financial results for the period ending March 31, 2024. The filing serves as a formal mechanism to furnish the press release containing these results via Exhibit 99.1.
📋 Key Facts
- Report date: May 13, 2024
- Reporting period: Quarter ended March 31, 2024
- The filing includes a press release as Exhibit 99.1 regarding financial results
- Company is classified as an 'emerging growth company'
Leatt Corp. filed an 8-K to announce its financial results for the fiscal year ended December 31, 2023. The filing serves as a formal mechanism to furnish the company's earnings press release via Exhibit 99.1.
📋 Key Facts
- Report date: March 13, 2024
- Reporting period: Fiscal year ended December 31, 2023
- The filing includes a press release regarding results of operations and financial condition (Exhibit 99.1)
- Company is classified as an emerging growth company