C1 Fund Inc. Notifies of Further Delay for Annual Report, Unlikely to Meet Extension

summarizeSummary

C1 Fund Inc. announced a delay in filing its annual N-CEN report, indicating it will likely miss the 15-day extension, compounding recent annual report filing issues.

check_boxKey Events

• Annual Report Filing Delayed

  C1 Fund Inc. filed an NT-NCEN, indicating it cannot timely file its annual report on Form N-CEN for the period ended December 31, 2025.

• Prolonged Reporting Issues Expected

  The company explicitly stated it does not expect to file the N-CEN report within the standard 15-day extension period, suggesting a more significant delay.

• Valuation and Audit Challenges Cited

  The delay is attributed to the need for additional time to complete documentation for investment valuation and accounting, finalize financial statements, and allow the independent auditor (BDO USA, P.C.) to complete its audit.

• Follows Prior Annual Report Delay

  This notification follows a similar NT-NCSR filing on March 11, 2026, for its annual report to shareholders, indicating a pattern of delays in critical annual financial disclosures.

auto_awesomeAnalysis

C1 Fund Inc. has filed a notification of late filing for its annual report on Form N-CEN, citing additional time needed for investment valuation, accounting, and financial statement finalization, as well as auditor completion. This marks a second recent delay for an annual report, following an NT-NCSR filing on March 11, 2026. The explicit statement that the company does not expect to meet the 15-day extension period for this N-CEN filing suggests more significant and prolonged issues with its financial reporting and audit processes, raising concerns about transparency and operational efficiency.