UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
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(Check One):
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x
Form
10-K
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Form
20-F
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Form
11-K
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Form
10-Q
o
Form
N-SAR
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Form N-CSR
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For Period Ended:
December 31, 2017
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Transition Report on Form 10-K
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Transition Report on Form 20-F
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Transition Report on Form 11-K
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Transition Report on Form 10-Q
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o
Transition Report on Form N-SAR
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For the Transition Period Ended: ________________________
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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.
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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
INVENTERGY GLOBAL, INC.
Full name of registrant:
Former name if applicable:
19925 Stevens Creek Blvd., #100
Address of principal executive office (Street and number):
Cupertino, CA 95014
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)
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The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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x
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(b)
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, 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 portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART III -- NARRATIVE
State below in reasonable detail the reasons
why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed
time period.
Inventergy Global,
Inc. (the “Company”) was unable to file its Annual Report on Form 10-K (“Form 10-K”) for the period ended
December 31, 2017 on a timely basis because the Company and its external auditors need additional time to complete certain reviews
and analyses, primarily related to the valuation of the Company’s Class B units of INVT SPE LLC, a special purpose entity
established in April 2017 following the Company’s debt restructuring and extinguishment. The valuation of these units could
have an impact on the Company’s financial statements and related disclosures to be included in the Form 10-K. The Company
anticipates that it will file the Form 10-K no later than the fifteenth calendar day following the prescribed filing date.
PART IV -- OTHER INFORMATION
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(1)
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Name and telephone number of person to contact in regard to this notification
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John G. Niedermaier
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(408)
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398-6448
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(Name)
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(Area Code)
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(Telephone Number)
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(2)
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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 the answer is no, identify report(s).
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x
Yes
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No
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(3)
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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?
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x
Yes
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No
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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.
Revenue for the year ended December 31,
2017 was $1,256,608 compared to $1,774,519 for the year ended December 31, 2016. Patent amortization expense for the year ended
December 31, 2017 was $503,660, compared to $1,510,980 for the twelve months ended December 31, 2016. General and administrative
expenses for the twelve months ended December 31, 2017 were $3,106,853 compared to $6,085,926 for the twelve months ended December
31, 2016. In connection with the completion of a restructuring agreement on April 27, 2017 pursuant to which the Company assigned
its patents to a special purpose entity, the Company recorded a gain on debt extinguishment of $40,802,730 in the twelve months
ended December 31, 2017, as compared to $2,434,661 in the twelve months ended December 31, 2016. Net income for the twelve months
ended December 31, 2017 is expected to be $33,856,549 compared to net loss of $7,730,235 for the twelve months ended December 31,
2016.
Cautionary Note on Forward-Looking Statements
This notification
contains or may contain, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements
may include, without limitation, statements with respect to the Company’s plans, objectives, projections, expectations and
intentions and other statements identified by words such as “projects,” “may,” “could,” “would,”
“should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans” or similar expressions. These statements are based upon the current beliefs and expectations of the Company’s
management and are subject to significant risks and uncertainties, including those detailed in the Company’s filings with
the Securities and Exchange Commission. Actual results may differ significantly from those set forth in the forward-looking
statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based
on various factors (many of which are beyond the Company’s control). The Company does not intend to publicly update
any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required
under applicable securities laws.
INVENTERGY
GLOBAL, INC.
(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: April 2, 2018
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By
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/s/ Joseph W. Beyers
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Joseph W. Beyers
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Chief Executive Officer
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INSTRUCTION. The form may be signed by an executive
officer of the registrant or by any other duly authorized representative. The name and title of the person signing the
form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized
representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant
shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal
criminal violations. (See 18 U.S.C. 1001).
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